Welcome to 49 Regency Drive - A Refined Waterfront Retreat on Richmond Lake. Just four minutes from the vibrant town of Parry Sound, discover the perfect balance of elegance, comfort and privacy. Set on nearly 5.5 acres of beautifully landscaped grounds with water views on three sides of the property and almost 850' of pristine shoreline on tranquil Richmond Lake, this fully remodeled waterfront residence offers over 2,500 square feet of thoughtfully designed living space. The home features five spacious bedrooms and three full bathrooms, with heated floors in the main entry and bathrooms providing added warmth and comfort. At the heart of the home is a gourmet kitchen designed for entertaining, complete with stainless steel appliances, a propane range, and a striking live-edge wood island anchoring the open-concept kitchen, dining, and living areas. Recent upgrades include new mechanical systems (forced air furnace, HRV, and air conditioning), integrated Wi-Fi lighting, and ambient soffit and exterior lighting that beautifully illuminate the property in the evening. Step outside to your private sandy beach, ideal for children and effortless lake access, or relax on the expansive 40' x 30' deck, a spectacular setting for entertaining or enjoying peaceful sunset views. This is an entertainer's dream! A nearby fire pit invites cozy evenings under the stars, while the attached heated two-car garage offers year-round convenience and ample storage for recreational equipment. With potential for future severance and exceptional privacy, this property offers a rare combination of luxury, land and lakefront living, all within minutes of shops, restaurants, medical facilities and the many amenities of Parry Sound. Welcome to 49 Regency Drive, welcome home to lakeside luxury.