Welcome to 184 Fernwood Drive, Gravenhurst — a semi-detached home offering nearly 1,700 sq ft of finished living space in the quiet, family-friendly Birch Park neighbourhood. This versatile property is perfect for multi-generational living, investors, or those seeking short-term rental potential in the heart of Muskoka. Located just minutes from the Gravenhurst Wharf, Lake Muskoka, hiking trails, parks, farmers market, splash pad, and downtown shops. Attend summer concerts at Music on the Barge, explore ATV and snowmobile trails, enjoy water sports in summer or ice fishing in winter—all at your doorstep. The main level features a bright, open-concept layout with three bedrooms, a full 4-piece bathroom, and a spacious kitchen and living area—ideal for family living or long-term rental. The fully finished lower level has its own separate entrance and has been recently updated with new flooring and fresh paint. It offers fantastic in-law suite capabilities or short term rental potential, with a large bedroom, cozy living room, 3-piece bath, eat-in kitchen, and separate laundry—a completely self-contained space ready for guests or extended family. Enjoy a 3/4 fenced backyard backing onto a tranquil wooded ?conservation area with no rear neighbors, plus parking for four vehicles Photos shown are from prior to current upstairs tenancy. This is your chance to own a flexible, potential income-generating property in one of Muskoka’s most ?charming towns!