Leisure has been seen as a lifestyle, which functioned to transform our society from work-centered to leisure-centered. This change has led to a shift in the importance and recognition of leisure, increased desire for leisure, and even change in participation pattern, and in particular, leisure participation patterns have evolved on the strength of the well-being trend in pursuit of a healthy life, which is a new kind of culture in Korea. Among other things, ``walking`` is not only easy for anyone to do without complicated leisure techniques, but also in line with the desire for a healthy life of people today. Accordingly, more people enjoy walking as a major leisure activity, and various mass media also encourage people to participate in ``walking``, putting emphasis on the need and effect of ``walking`` in our life. Therefore, given transition to leisure-centered society and well-being fever as well as increase of participants and interest in ``walking``, in this study an analysis was conducted on leisure experiences of participants in walking exercise, for a comprehensive understanding on experiences and psychological conditions of individual participants in walking as a leisure activity. Interpretation and understanding on experiences from leisure activities should be based on personal viewpoints of participants, since leisure activities presume participation by individuals, and physical and psychological experiences vary by people. As a result, in this study, qualitative approach helpful to sufficiently examine personal experiences was employed in order to identify personal leisure experiences of participants in walking, instead of quantitative approach, Three men and women respectively were selected as participants for this study, who participate in walking at least 3 times a week more than a year and intend to continue. Data were collected through in-depth interviews and participatory observations, while inductive category analysis was used.