Space, privacy, income potential, and an exceptional Alcona location all come together at this beautifully updated home on a spectacular 75 x 202-ft treed lot backing onto peaceful greenspace. One of the property's most valuable features is the bright, above-grade, self-contained one-bedroom apartment, complete with a private entrance, kitchen, and laundry. It is an ideal setup for extended family, adult children, guests, or buyers looking to offset their monthly expenses with rental income. The main home has been thoughtfully updated and features a brand-new designer kitchen overlooking the open-concept living area, three spacious bedrooms, and a spa-inspired semi-ensuite with a custom two-person shower and corner soaker tub. A separate basement flex space provides approximately 500 additional square feet for a home office, gym, playroom, media room, or extra storage, without interfering with the apartment. Outside, enjoy a private, professionally landscaped backyard surrounded by mature trees, an Arctic Ocean Legend swim spa with 60 jets, and an impressive barn with hydro that is perfect for a workshop, studio, hobby space, or storage. A generator backup system adds year-round comfort and peace of mind. Located within walking distance of shops, parks, schools, and Innisfil Beach Park, with convenient access to Highway 400, this unique property offers the space, versatility, and lifestyle today's buyers are looking for.