Welcome to a truly exceptional waterfront bungalow with walkout lower level in Greely, where timeless craftsmanship, thoughtful design & breathtaking natural surroundings come together to create a home that is both luxurious & welcoming. The home impresses immediately with dramatic architectural elements, including soaring 12-foot vaulted ceilings with exposed wood beams, a striking floor-to-ceiling stone fireplace & an elegant stone archway leading into the eat-in kitchen. Large windows flood the main living area with natural light & frame picturesque waterfront views, creating a warm and inviting atmosphere ideal for both everyday living & entertaining. The kitchen is thoughtfully designed with generous workspace and storage, seamlessly connected to the living & dining areas. One of the home's standout features is the expansive balcony overlooking the water, accessible from both the kitchen & primary bedroom-perfect for morning coffee or evening relaxation. The primary suite is a private retreat featuring a spa-inspired 6-piece ensuite & an exceptionally deep 14-foot walk-in closet. Two additional main-floor bedrooms offer flexibility for family, guests, or home office use, while main floor laundry adds everyday convenience. The walkout lower level dramatically expands the living space, offering direct access to the yard & waterfront. This level features radiant heat flooring for added comfort in the winter months and inside entry from garage, two generously sized bedrooms, each with its own large walk-in closet, expansive open living areas & an additional kitchen, making it ideal for an in-law suite or extended family living. Outside, the beautiful waterfront setting & large yard provide endless opportunities for outdoor entertaining, recreation & relaxation. Hydro approx. $330/mo, Gas approx. $110-170/mo