Spacious and beautifully updated, this 4-bedroom, 4-bathroom family home is tucked away on a quiet dead-end street in a mature neighbourhood just minutes from downtown Kelowna. Featuring a purchased 120-year prepaid modernized lease with no Property Transfer Tax (PTT), this home offers outstanding long-term value and significant savings. The entry level includes a large bedroom, a full bathroom, and a den with a cozy gas fireplace that can easily serve as a fifth bedroom, making it ideal for guests, extended family, or a home office. The second level is designed for comfortable everyday living and entertaining. It features a bright kitchen, formal and informal dining areas, a formal living room with a gas fireplace, and a cozy family/TV room with a wood-burning fireplace. A convenient half bath and laundry room with direct access to the fully fenced backyard add everyday functionality. Step outside to enjoy the covered front deck or the spacious rear deck, perfect for relaxing or hosting family and friends. Upstairs, you’ll find two spacious bedrooms with lake views and a 4-piece main bathroom. The generous primary suite offers a walk-through closet and a beautifully renovated ensuite with a large walk-in tiled shower. Recent updates include a new furnace (2022), fresh interior and exterior paint, new flooring throughout, and all new appliances. The park-like, fully fenced backyard offers privacy and direct access to nearby walking trails. Ample parking accommodates multiple vehicles/RV, within walking distance to shopping and transit, this move-in-ready home combines space, comfort, and an unbeatable location.