Follow the private, tree-lined driveway to this beautifully situated 1,950 sq. ft. walkout bungalow, sitting on 5.49 bright and beautifully treed acres just outside Water Valley. This 3+1 bedroom home offers a functional layout with an oversized heated double detached garage and a convenient carport. The main level features a spacious heated porch leading into an open-concept kitchen/living area with vaulted ceilings. The large kitchen boasts a massive island, ideal for family gatherings, while the living room is centered around a standalone gas fireplace. A bright south-facing sunroom includes a large dining area featuring solar tube lighting. The primary bedroom includes a 3-piece ensuite, complemented by two additional bedrooms and a full bathroom on the main floor. The walkout lower level offers a versatile space with a large family room, a massive recreation area, and ample storage. A unique bedroom, den and a combined bathroom/laundry room complete this level. Outdoor living is easy with a wraparound deck—choose the covered east and north sides for shade or the open south-facing deck that leads to the lawn and firepit area. Additional property features include a 20’x30’ tarp Quonset, a storage shed, and a cleared front section, ideal for grazing a horse or adding a shop (subject to county approval). A small creek runs through the southeast corner, adding to the property's charm. Acreages like this don’t come up often—book your showing today and don’t miss this opportunity to live in a great community under an hour from Calgary!