THIS STATELY COUNTRY HOME sits on 40.5 treed acres on the very edge of Owen Sound. The Balmy Beach area setting is private and gorgeous features woodlands with walking trails, a 5 acre fenced field, and a creek running through! With the feel of a manor house, this 5 bedroom, 2 bath, 2 ½ storey brick home is approached by a drive that circles the buildings and is skirted in places by fabulous stone walls. The rooms are spacious and flank an elegant staircase. A grand verandah, hung with Concord grapes, stretches along two sides while underneath are two walkouts from the high basement out to the lawns. The property includes a detached 2 car garage and a barn with stables below as well as a guest cabin (built 2022, 20'x14', in-floor heat, separate drive) and modular home (re-built 2011, 40'x12', on foundation, separate drive, gas & hydro metered separately), both currently rented. Property is generating over $18,000 per year in rental income. The 110 ft well supplies all 3 homes and the barn. There is a septic system servicing the house and cabin and a separate one for the modular home. The main house has been rewired; a 200 amp breaker panel was installed in 2012 and there is a separate panel for a generator. Plumbing replaced 2012. Gas fireplace in living room and wood fireplace in den. All windows replaced over last several years. The roof is asphalt coated steel 2010; asphalt shingles on verandah and cabin 2020. The Managed Forest Tax Incentive Program reduces the taxes by $3,346/year. A wonderful location with marina, township tennis courts and boat launch. This is a truly special property with significant upgrades and the inherent qualities of a splendid family home.