Rare opportunity to own a cherished waterfront retreat on the Sammamish River. This cute custom mid-century bungalow sits on an expansive, level lot tucked below the Burke-Gilman Trail, offering exceptional privacy, recreation, and future potential. Originally designed and built in 1951 by the current owners' grandfather, this riverfront gem has remained in the same family for more than 75 years. Enjoy direct waterfront access with your own private boat launch and moorage, providing a scenic waterway connection to Lake Washington. The beautifully landscaped grounds feature mature trees, including a magnificent blue spruce that provides shade, character, and habitat for local wildlife. The generous level lot offers ample space for trailered boats, kayaks, paddle boards, RV parking, and outdoor entertaining. Recent improvements include upgraded 200-amp electrical service, energy-efficient windows, ductless mini-split heating and air conditioning, and refreshed roof and chimney systems. Fee simple ownership extends to the center of the river, enhancing both privacy and value. Whether you're seeking a peaceful waterfront lifestyle, recreational paradise, or investment with future development possibilities, this exceptional property presents a truly rare opportunity along one of the region's most desirable waterways. Value in land. Seller procured feasibility study for building new available upon request! Rent out/live in house while obtaining permits for new construction!