Welcome to 112 Schooners Lane, where refined living meets the natural beauty of Southern Georgian Bay. Located in the prestigious Lora Bay Cottages community, this impeccably designed 5-bedroom, 4-bath bungaloft offers 2,218 sq. ft. of luxurious above-grade living space, complemented by a fully finished lower level with 2 additional bedrooms, a spacious rec room, wet bar, and full bathroom - ideal for entertaining family and guests. Thoughtfully upgraded throughout, the home showcases soaring cathedral ceilings, engineered hardwood flooring throughout with no carpet, oak staircases to both the loft and basement, upgraded interior and exterior doors, and upgraded higher ceilings on both the main floor and basement. The gourmet kitchen features quartz countertops and premium KitchenAid appliances, while the versatile front den offers the perfect space for a home office or reading nook. The main floor primary suite is a private retreat complete with a spa-inspired ensuite featuring a jacuzzi bathtub and heated bathroom floors. Two gas fireplaces add warmth and ambiance throughout the home.Upstairs, the spacious loft overlooks the great room and provides an additional bedroom and flexible living space for guests or family. Step outside to your serene backyard oasis, where a forested backdrop creates exceptional privacy and tranquility. Enjoy evenings on the large composite deck, relax year-round in the private hot tub, and appreciate thoughtful exterior upgrades including pot lights, custom front doors, invisible dog fencing, and a Generac whole-home generator for added peace of mind. The fully insulated and heated double-car garage features brand-new epoxy flooring, combining functionality with polished style. As a resident of Lora Bay, you'll enjoy access to private beaches, a fitness facility, golf, and scenic walking trails - all just moments from the shops, restaurants, ski hills, golf courses, and waterfront charm of Thornbury and Georgian Bay.