Tucked away on a peaceful 1/3-acre lot in the heart of Severn, this beautifully updated 3+1 bedroom, 2 bathroom raised bungalow offers the perfect blend of privacy, functionality, and year-round lifestyle appeal. Surrounded by mature forest on the neighbouring properties, the setting feels tranquil and secluded while still being conveniently located just minutes from Highway 400, Midland, and the shores of Georgian Bay.Step inside to a bright and inviting open-concept main floor featuring large windows that flood the home with natural light. The updated kitchen offers modern countertops, a centre island, fresh paint, and an ideal layout for entertaining or everyday family living.The entire lower level was professionally refinished in 2026, creating exceptional additional living space with strong in-law or duplex potential thanks to the convenient separate side entrance. Whether you are looking for multigenerational living, space for extended family, or future income possibilities, this flexible layout offers incredible opportunity.Outside, enjoy a spacious deck overlooking the private yard, evenings around the firepit, and plenty of parking for vehicles, trailers, boats, or recreational toys. Outdoor enthusiasts will love being close to marinas, boating, fishing, hiking trails, snowmobile routes, and the renowned Tay Shore Trail, all while enjoying the quiet charm of the Georgian Bay region.All New In 2026 - Hot Water Tank, Furnace, Water Treatment System, Well Pump, Bathroom Vanity, Toilet, Flooring in living space. Metal Roof 2014. A move-in ready home offering updated living space, privacy, and versatility in one of Simcoe County's most desirable recreational areas.