Exceptional lakefront property on highly sought after Stephenson Point Rd nestled along a quiet no-exit street in an upscale neighbourhood less than an hour from Toronto. This premium waterfront has a hard sand bottom & the area is known as having one of the best shorelines on Lake Scugog. Explore the Trent-Severn Waterway from your own backyard! Creative tiered landscaping is in both the front & back yards & leads to the 56 ft Naylor dock system. Sit & relax at the private lakeside sandstone terrace or 51 ft deck. Enjoy the 16 x 12 insulated bunkie overlooking the lake or perhaps use it as a studio, office or quiet retreat. Take full advantage of the spacious attached double car garage & the 31 x 24 detached garage with full loft & 30 AMP service. The beautiful park-like 80 x 220 lot, with paved parking for 10 vehicles, offers room for everything. The lovely & well maintained bungalow is enhanced by a fully finished walkout lower level. Incredible sunsets & lake vistas can be captured from multiple large windows throughout both levels. An open concept entertaining size living & dining area leads to the large kitchen & walk out to the deck. There are 2 oversize bedrooms, each with a walk-in closet, & 2 bathrooms on the main level. The laundry room has access to the double garage as well as the side yard. Also, off the laundry room is the fabulous screened porch which is a peaceful area to relax, read a good book, sip your morning coffee or enjoy mealtime during inclement weather while viewing the sensational sunsets & lake views. The lower level has Dricore subfloor throughout & this space has the potential for an in-law suite. An enormous family room provides a walkout to the patio, while the rec room has a separate entrance to the patio along with kitchen cabinetry. In addition, 2 large bedrooms & a 4-piece bath make this area a good candidate for extended family visits or a large brightly sunlit in-law suite. Fibre optic internet. Gas furnace & A/C 2021.