Rare opportunity to own a spectacular 70 x 350 ft ravine lot backing onto town-owned open space with a river running through the rear of the property. This bright and well-kept 4-bedroom brick bungalow features an eat-in kitchen with hardwood flooring and a walkout to a deck overlooking the expansive backyard and picturesque ravine setting. The mostly finished basement offers a large recreation room with a wood-burning fireplace, pot lights, a 3-piece bath, workshop area, and an updated 100-amp electrical panel with breakers. Located in one of Newmarket's most desirable and evolving neighbourhoods, just a short walk to Fairy Lake, Historic Downtown Newmarket, Riverwalk Commons, local restaurants, cafés, pubs, and the farmers' market. Enjoy the home as-is, renovate, or take advantage of this exceptional lot to build your dream home in a truly one-of-a-kind setting. A rare offering combining privacy, natural beauty, and outstanding future potential. Potential building plans for a future custom residence may be available for purchase by interested buyers. Building permit application currently in process and nearing completion.