Stately Estate in the very heart of Bay . . . traditional bungalow structurally unaltered from its inception, this property, located 1 block south off Lake and Dover Center, is a dream location for buyers who embrace the pedestrian lifestyle and desire less than a 5 minute ride to every conceivable amenity in this coveted lakefront community. Enjoy curb appeal with an inviting pillared front porch+enclosed sunroom at rear of home. Formal Living/Dining Rooms, 2 Bedrooms up, 2 Bedrooms main floor, with a full bath on each level. An unfinished front dormer may afford expansion potential, as does the second floor sitting area which qualifies the property for a potentially sumptuous 2nd Flr Master suite + feasibility for a 2nd Flr Laundry. Kitchen features freshly painted Amish wood cabinetry w/ updated hardware, stylish quartzite counters, LVP Flrs & gleaming new Samsung Bespoke Appliances. Apart from Kitchen & Baths, first/second floors feature lustrous oak flooring in impeccable condition. Formal Dining Rm with coved ceilings leads to finished sunroom with windows on all sides, ceramic tile flooring & an updated replacement door to access the quaint rear yard. Nearly all locks/hardware/lights have been updated. Full Basement has been waterproofed (exterior dig with drain tile replacement) with transferable warranty. The Lwr Level is finished with LVP floors, glass block windows+sump pump w/ battery back up; the unfinished section houses the laundry (sans washer/dryer) & furnace area w/ a stand alone shower & commode. Over the last decade or so, the owners purchased a new tear off roof, Andersen double paned wood windows (entire home except sunroom which also has newer windows), HVAC, Hot Water Tank+dutch-style vinyl siding. Sprinkler System in the front yard installed/maintained by Cleveland’s premier “Sprinkler Man”. A clean SW white hue clads the home’s interior, freshly painted prior to listing. Rarely available, Russell's desirable "horseshoe" location awaits!