FIRST TIME OFFERED, this solid 3-bedroom, 2-bathroom bungalow is nestled on a picturesque ravine lot in one of Bracebridge's most sought-after neighbourhoods. Serviced by town water and natural gas, with a TOWN INSPECTED SEPTIC SYSTEM, the home also includes a pre listing INSPECTION REPORT AVAILABLE for added peace of mind. Exceptionally well built, this spacious residence offers an exciting opportunity for a new owner to bring their vision and updates to life. The main level spans approximately 1,800 sq. ft., complemented by an additional 1,800 sq. ft. of finished space in the lower level. The finished walkout basement features a family room with gas fireplace, a recreation room, generous storage, a roughed-in bathroom, and direct access to an exterior brick patio-ideal for extended living and entertaining. On the main level, you'll find three oversized bedrooms, including a large primary suite with a walk-in closet and 5-piece ensuite. The layout also includes an eat-in kitchen with adjacent sitting/dining area, a formal dining room or home office, a bright living room, a 3-piece main bathroom, and a convenient laundry/mudroom. Additional highlights include a walkout to a large rear deck, attached double-car garage, paved driveway, central vacuum, storage shed, and beautifully landscaped yard and gardens. MAJOR UPDATES include roof shingles (2022), furnace (2018), air conditioning (2024), and eavestroughs with gutter guards (2025). A rare opportunity to own a well-constructed home on a premium ravine lot-ready for its next chapter. NOTE: Some rooms have been virtually staged