Positioned on the prestigious shores of Trout Lake, this solid brick bungalow presents a compelling opportunity for both sustainable waterfront living and long-term investment value. Set on an expansive, beautifully tiered lot with an impressive 224 feet of shoreline, the property offers exceptional privacy, scale, and direct access to one of North Bay's most desirable lakes. With over 2,300 sq. ft. of finished living space, the home is designed with flexibility in mind. The main level features a spacious primary suite with ensuite, ideal for convenient single-level living, while large windows capture natural light and tranquil lake views.The walkout basement significantly enhances the property's versatility, offering three additional bedrooms, a full bathroom, and a summer kitchen-well-suited for multi-generational living, guest accommodations, or conversion into a self-contained income suite.The tiered landscape creates multiple outdoor living zones leading to the water's edge, maximizing both usability and the overall waterfront experience. Whether positioned as a private retreat or executive rental, the scale of the lot and shoreline frontage sets this property apart on Four Mile Bay. An attached double garage completes the package, offering both convenience and functionality. A rare offering on Trout Lake with notable updates such as the metal roof, lighting, paint, hardwood floors, walkout level flooring, furnace & solar panel contact. Pre-inspection available for peace of mind.