Welcome to 38 Rose Valley Way in the sought-after waterfront community of Wasaga Beach! This detached raised-bungalow offers a functional layout with 2+1 bedrooms, 3 baths, and modern open-concept living. The curb appeal of this stunning property features mature trees and established gardens, as well as a covered front porch and upgraded entry door with window accents. Spacious and welcoming foyer with plenty of room to grab your coat and put on your boots - interior access to the garage - then head upstairs to the primary living space or downstairs where it is fully finished with options for extended family, guests, home office or separate suite income potential. Fantastic functional layout of this home offers two upper level bedrooms, two baths - as well as open concept kitchen / living / dining spaces for family time, entertaining. Upgraded kitchen features hardwood cabinetry, stainless steel appliances, and ample workspace/storage. Warmth of natural bamboo flooring flows throughout the main level and into the bedrooms. Primary suite includes a walk-in closet and renovated ensuite with over-sized shower. Extend your living space into the bright, fully finished lower level that provides an additional bedroom, 3 pc bath, large rec room, kitchenette, laundry and walk-out to a private, tree-lined yard. Enjoy outdoor living with upper and lower decks, mature landscaping, and a fully fenced yard. Located minutes from Wasaga Beach's famous and historical 14 km of freshwater shoreline, plus golf, trails, skiing, and year-round recreation that this exceptional locale offers. Schools, shopping, fine & casual dining, as well as many entertainment options are all nearby, making this property ideal for families, hosting and entertaining guests, or income potential. Experience outstanding four-season living in one of Ontario's most desirable waterfront communities!