The original Seema Malaka was built in the late nineteenth century. However, due to unstable ground conditions, the structure gradually began to sink into the lake during the 1970s. In 1976, the temple was completely redesigned by the renowned Sri Lankan architect Geoffrey Bawa.
The present-day temple showcases a harmonious blend of traditional Sri Lankan architecture and modern design. Inspired by the peaceful forest monasteries of ancient Sri Lanka, it provides a tranquil setting that encourages meditation and spiritual reflection.
The temple stands on three platforms built over the lake, connected by floating walkways that link them to each other and the mainland. Its blue-tiled roofs, wooden pillars, and elegant railings reflect the beauty of Kandyan architectural traditions.
The central platform contains a meditation pavilion, while the surrounding platforms display numerous seated Buddha statues in various symbolic postures. One platform also features a sacred Bodhi tree grown from a branch of the Jaya Sri Maha Bodhi in Anuradhapura.
In addition to its Buddhist features, the temple highlights Sri Lanka's religious diversity through shrines dedicated to Vishnu, Kataragama, Ganesha, and Suniyan, symbolising harmony among different spiritual traditions.