PRIVATE 2-ACRE PROPERTY WITH A SOLID RAISED BUNGALOW, MULTIPLE OUTBUILDINGS, & EXCITING SEVERANCE POTENTIAL! Set on a peaceful two-acre property surrounded by mature trees and natural beauty just outside Barrie, this property presents an exciting opportunity for homeowners, investors, and builders alike. Enjoy a quiet rural setting while remaining just minutes from the amenities of South Barrie and only nine minutes to Friday Harbour Resort for waterfront dining, marina access, and year-round recreation. The solid brick raised bungalow boasts great bones and endless potential to renovate, flip, or create a custom home tailored to your vision, with the added possibility of lot severance into two building lots, subject to township approval. The bright main level features an open living room, dining area and kitchen layout filled with natural light from large mahogany windows that add warmth and character, along with three comfortable bedrooms and a 3-piece bathroom. Downstairs, the full basement offers a spacious recreation room anchored by a cozy wood-burning fireplace, games area, plus laundry, storage space, and a convenient separate entrance. Outside, the property continues to impress with a detached oversized single garage, ample driveway parking, and a covered patio connecting the home and garage for a sheltered outdoor space. A large barn set back from the house is equipped with power, water, and a spacious loft, complemented by an additional outbuilding currently used for wood storage. With a well water system including a holding tank and well pump already in place, this remarkable property delivers space, versatility, and exceptional potential in a sought-after location.