Discover a rare blank canvas at 165 Mallory Beach Road in South Bruce Peninsula. Offered at an incredibly appealing price point, this double Georgian Bay waterfront lot provides limitless potential, nestled against the dramatic backdrop of the Niagara Escarpment on Colpoys Bay. The main building site sits elevated on a tree-lined hillside overlooking the water. Conveniently accessed by a private driveway, it offers plenty of space and privacy surrounded by mature trees. The best feature of this property is that all the time-consuming administrative and foundational groundwork required to build your new place has been completed. A septic system is already completed and approved for a 3-bedroom, 2-bathroom home/cottage. All surveys and encroachments are fully complete, and all required permits-including NEC and GSCA-have been approved and secured. There are even beautifully designed, approved house plans available to prospective buyers, making this a truly shovel-ready project. Directly across the road lies the property's crown jewel: a rare, grandfathered two-storey boathouse resting right on the crystal-clear waters. Enjoy prime shoreline proximity and a fantastic upper-level waterside deck, providing unobstructed, panoramic views of the water that are absolutely perfect for morning coffees or evening sunsets. If you are seeking a summer getaway or a year-round retreat, this unmatched, fully-permitted location offers the perfect foundation to build your Bruce Peninsula dream.