A truly exceptional 51-acre property in beautiful Phelpston, offering an incredible combination of privacy, natural beauty, waterfront, recreational opportunities & a custom-built home. Set along approximately 2,300 feet of Nottawasaga River frontage, this remarkable property is a paradise for nature lovers, fishermen (Rainbow Trout Hole), hikers, gardeners and anyone looking to escape the hustle & bustle while still enjoying a comfortable and thoughtfully designed home. Custom built in 2008, the spacious 3-bedroom, 3-bathroom bungalow features a bright, open-concept layout where the kitchen, dining and living areas flow seamlessly together, creating an ideal space for everyday living and entertaining. Hardwood flooring extends throughout much of the home, adding warmth and character, while numerous walkouts from various rooms provide easy access to the patios, gardens and surrounding property. A welcoming sunroom provides another wonderful space to relax. The unfinished basement offers excellent potential and is ready for the next owner to create additional living space, recreation areas, a home gym, workshop, media room or whatever best suits their needs.The property also features geothermal heating and cooling, providing an efficient and comfortable climate-controlled environment throughout the seasons. Attached to the home is a double-car garage with a heated loft above. Currently used as a bedroom, the loft provides a versatile additional space with its own exterior entrance as well as convenient access from inside the garage, making it ideal for guests, a home office, studio or private retreat.Outside is where this property truly comes alive. The combination of 51 acres, extensive river frontage, a custom-built bungalow, geothermal heating and cooling, multiple walkouts, a heated garage loft and tremendous recreational potential makes this a special property offering space, privacy, waterfront and a lifestyle that is increasingly difficult to find.