Welcome to 314 Princess Street in the welcoming village of Shallow Lake. Set on two parcels totalling approximately 3/4 of an acre, this beautifully updated 3-bedroom, 2-bathroom home offers an impressive combination of space, privacy and small-town charm, complete with a river on the property.Rebuilt from the foundation up in 2015 with quality workmanship throughout, the home features a custom mennonite kitchen with a large centre island, 9-foot ceilings, walnut engineered hardwood flooring and an abundance of natural light on the main level. Two generous covered porches create inviting spaces to relax, entertain and enjoy the peaceful surroundings.A partially finished basement, offering exciting potential for additional living space while still providing dedicated laundry and storage areas.Outside, recent improvements include a paved laneway and a spacious 12' x 24' shed equipped with hydro and heat, ideal for a workshop, hobbies or additional storage. Other highlights include a steel roof, natural gas forced-air heating, central air conditioning, a natural gas BBQ & hookup, ample parking and an additional workshop.Enjoy the ease of village living within walking distance of the convenience store, restaurant, coffee shop and Shallow Lake Community Centre. From here, you're also well positioned to enjoy everything the Bruce Peninsula has to offer, from the sandy shores of Sauble Beach to scenic trails, beaches and waterways throughout the area. Spend the day exploring the Peninsula, enjoying the outdoors or playing a round at Cobble Beach Golf Resort. With beautiful scenery and endless opportunities for recreation just a short drive away, this is a wonderful place to enjoy both everyday living and weekend adventures.