This exceptional year-round bungalow offers an idyllic in-town coveted Muskoka River address with direct boating access to Lake Muskoka, Rosseau and Joseph. Situated on a private treed lot, the property boasts 103 feet of water frontage with an easy, level approach to a deep, sandy shoreline. Step into the main residence, where a tiled foyer welcomes you and seamlessly connects to the living room and dining nook with a charming bay window overlooking the water. The modern kitchen has newer appliances and leads to sitting room highlighted by a cozy white-brick gas fireplace. A vaulted, skylit sunroom wrapped in glass, provides stunning views. The primary bedroom features a 3 piece ensuite and it's own entrance to the outdoor patio. Two well-appointed guest bedrooms, a 4 piece family washroom, and laundry complete this level. Adding to the versatility of this home, an attached two-car garage is topped by a self-contained one-bedroom guest suite. This suite features a private exterior entry, an open-concept living/dining area, a full kitchen, 3 piece bath, laundry and it's own private rooftop patio, making it an ideal setup for multi-generational living, guests, or rental income.The property is equipped with modern services including municipal water and sewer, forced-air natural gas, new paved driveway, a steel roof, on-demand hot water and a Generac generator. For boating enthusiasts, a (to be rebuilt boatport following a winter collapse. The Sellers insurance is covering reconstruction; drawings were submitted to the Town of Bracebridge on September 16, with timing subject to municipal approvals.) covered boat port with power at the shore ensures effortless river days. Its prime location means parks and downtown Bracebridge are just minutes away, situated on one of Bracebridge's most desirable waterfront streets.This home offers a unique opportunity to experience the best of Muskoka waterfront living with all the comforts of an in-town location.