Offering exceptional versatility and long-term value, this raised bungalow built in 1988, is located in the heart of Colborne, a quiet, friendly community best known for the iconic Big Apple and the multipurpose Keeler Centre. Tucked away in a private neighbourhood within walking distance to the elementary school, local parks, and the curling club, this property stands out for the relaxed lifestyle and possibilities it offers. One of its greatest advantages is the thoughtful design featuring two kitchens: one on the main level and another in the fully finished lower level. Combined with a second paved driveway on the north side and a convenient lower level walkout, this house provides terrific potential for an in-law suite, private apartment for family members, or possibly an income-generating rental unit. The main floor offers an upgraded kitchen with quartz countertops and modern cabinetry, a bright living room, three bedrooms, and a full bathroom with a relaxing jetted tub, as well as a convenient laundry area. Sliding doors from the kitchen extend your living space outdoors to a deck complete with a gazebo, perfect for gatherings or quiet evenings. The lower level offers more living space with two additional bedrooms, a beautifully finished kitchen, a second full bathroom, separate laundry area, spacious rec room, storage room, and a walkout to the back patio. Outside, mature trees in the front and back set the stage for privacy along with a brick patio and interlocking brick walkways. Recent upgrades include: upgraded kitchen (2015); front door (2018), roof shingles (2020), windows on the main level (2021), and central air (2024). Set on a deep 150-foot lot with mature trees, this property combines privacy with functionality, making it an attractive choice for multi-generational families or those seeking extra value. (id:2471)