This stunning bungaloft with over 4,400 sq ft of living space on Fairy Lake blends elegant design with the relaxed feel of Muskoka living. Set on nearly 2 acres with approx. 200 ft of water frontage, the property offers excellent privacy yet is close to all Huntsville has to offer. A triple-car detached garage sits at the entrance, while landscaping & mature trees frame the home. Inside, a spacious foyer opens into a breathtaking great room anchored by a floor-to-ceiling stone fireplace. A dramatic wall of windows floods the space with light & showcases sweeping views beneath soaring vaulted ceilings. Reclaimed hemlock flooring runs through much of the main level, adding warmth & character. The kitchen delights with stainless appliances, propane cooktop stove, leathered granite counters & sliding doors to a large deck with propane hook-up for the BBQ. Adjacent is the inviting Muskoka Room with a 2nd fireplace & striking floor to ceiling stone accents. Also on the main floor is the serene primary suite with its own balcony & a 4-pc ensuite with glass shower & soaker tub. A stylish 2-pc guest powder room also conveniently serves this level.Upstairs, the open loft overlooks the great room & creates flexible space for reading, hobbies or a home office. Two bedrooms & a 4-pc bath complete this level. The fully finished walkout basement offers a generous rec room with 3rd fireplace, pool table/games area & bar. This level also has 3 more bedrooms (one with 3-pc ensuite & the homes 4th fireplace) & another 2-pc powder room a total of 6 bedrooms & 5 baths. Outside, stone steps wind through lush landscaping to the waterfront, where a firepit & sandy area create a perfect setting for lakeside games & memories. The shoreline offers a sandy, shallow entry ideal for swimming. With direct access to Huntsvilles 40+ miles of boating, nearby golf, Deerhurst Resort, ski hills & a quick drive to all town amenities, this extraordinary executive home offers the best of Muskoka living.