Welcome to your dream home on the serene shores of Lake Couchiching, located in picturesque Orillia on this rarely offered, quiet cove. This spacious, four season waterfront property offers an unparalleled living experience, boasting breathtaking sunset views that transport you to a tropical paradise every evening. This 5 bedroom, 2 bathroom bungalow with fully finished basement provides ample space for family and guests. The bright and spacious main level features an open concept kitchen with living, dining and family room featuring windows in every direction, providing panoramic water views from the entire living space. Three spacious bedrooms, laundry room and one bathroom can also be found on this level. The lower level, featuring tall ceilings, lake views and a walk-up with separate entrance, has its own kitchen, bathroom, living space and laundry along with two bedrooms plus a room off of one of the bedrooms that could easily be used as a 3rd bedroom, den, or office. This lower level could easily be used as a secondary suite/in-law suite for income potential. The two car garage and u-shaped driveway provide ample parking space for 6-7 cars. Newer roof, new windows and doors, new tankless instant hot water system, new furnace and air conditioning unit, new 200 AMP electrical service w/board and breakers. The property is located walking distance to Tudhope Park, The Beach, Downtown Orillia, and Bike Paths; Minutes to Costco, Major Grocery Stores, Big Box Stores, and Highways. Just 1hr North of Toronto. Many local destinations and attractions include the newly built Orillia Recreation Centre, Hawkridge Golf Club, Couchiching Golf and Country Club, Vetta Nordic Spa, Horseshoe Valley, Mount St. Louis, Snow Valley, Casino Rama and more! Large FLO modular dock with manual levelling system included!