Spectacular custom built bungalow with over 300 feet of waterfront on the Otonabee River. Situated on a 2 acre lot that offers exceptional privacy on Almeara Drive just outside the City of Peterborough. Quality constructed Insulated Concrete Forms (ICF) home with ground source heating & cooling providing a green footprint that is cost and energy efficient. Beautiful views up the river from large, bright windows. Home features a large covered expanded outdoor living space (20ft x 30ft) with fantastic views of the water, walkout patio doors in the lower level, and main floor laundry. Enjoy direct lock free boating access from Peterborough all the way to Rice Lake/Hastings. Great fishing right off your own private dock finished with durable composite decking that offers low maintenance waterfront enjoyment! This thoughtfully designed home features open concept living, wide hallways & doorways, a no-step shower entry on the main floor bath, a cast iron claw foot soaker tub in the lower level bathroom. The chef in you will love the stunning kitchen with walk-in pantry, Cambria quartz countertops and an large centre island that seats six with built in wine rack. The kitchen opens to a light filled living area with a Hearthstone wood stove & eye-catching (Jatoba) Brazilian Cherry wood flooring. Main floor bedrooms & sunroom have beautiful solid oak flooring. Home features oversized two car garage as well as a finished storage room to fit all your water sports equipment easily accessible from the waterside! Friendly neighborhood in an area of executive homes complete this rare opportunity for year round waterfront living just minutes from Peterborough. This prime location also provides a seamless commute to the GTA- it's within 25 minutes of HWY 407! Almeara Drive also offers bus routes for PVNC and KPR schools.