The moment you step inside, the great room steals the show. Soaring cathedral ceilings, a dramatic floor-to-ceiling stone-clad wood-burning fireplace, and a stunning wall of windows overlooking the Gull River and surrounding natural landscape create a space that is both grand and inviting. Filled with natural light and anchored by a WETT-certified fireplace, this is the perfect gathering place for cozy evenings, family celebrations, and year-round enjoyment. Equally impressive is the property's proven and successful short-term rental business. Fully registered and approved with the City of Kawartha Lakes, this turnkey investment opportunity offers exceptional income potential while still providing a remarkable personal retreat for family and friends. Perfectly positioned on the Gull River between Elliott Falls and Norland, this exceptional four-season waterfront property offers sought-after swimming, paddling, kayaking, and floating experiences right from your shoreline. Nearby walking trails, ATV routes, and snowmobile trails extend the adventure year-round, making this far more than a summer cottage. Offering 4 bedrooms and 3 bathrooms, the home has been thoughtfully designed for entertaining and comfortable living. The spacious kitchen features a large island for gathering, while the adjoining dining nook and expansive riverside deck create seamless indoor-outdoor living with beautiful water views. Extensively renovated with over $200,000 in improvements, including septic (2024) rated for 4 bedrooms, electrical panel (2022) windows, furnace (2023) and much more! The pride of ownership are evident throughout. Whether you're seeking a family retreat, a year-round waterfront home, or an investment property, this one delivers. More than just a cottage, this is a complete four-season waterfront lifestyle and income opportunity wrapped into one remarkable package.