Rare opportunity to update and customize this four bedroom and 3-bathroom original owner home while enjoying deeded access to Lotus Lake. This large-footprint walkout rambler offers spacious living and dining areas with generous room sizes throughout. A standout feature is the vaulted three-season porch, where views out glass doors are spectacular and place you in a treehouse. Desirable three bedrooms on main level, including a primary suite with a private 3/4 bath. Retreat to the walkout lower level with an oversized family room and recreation area, plus a fourth bedroom and additional 3/4 bath. Bonus unfinished space offers the opportunity for a home office, exercise room, or additional bedroom. Walking distance to downtown Chanhassen, parks, trails, shopping, and dining. Nestled on a .42-acre wooded lot offers privacy and seasonal views of Lotus Lake. Enjoy private association access with a boat launch, beach, day dock, swimming area, and open green space for yard games and lakeside relaxation. Fantastic 26x24 garage offering 624 square feet. Bring your vision to make this home your own!