Welcome to this beautifully maintained bungalow in the desirable community of Ironstone, ideally situated on a quiet close on a SPACIOUS CORNER LOT backing directly onto green space and walking trails. Offering approximately 2,300 sq ft of total developed living space, this home combines functionality, comfort, and future potential perfect for young families or those looking to downsize without sacrificing space. The bright open concept main floor is designed for both everyday living and entertaining, featuring expansive windows that fill the space with natural light. The spacious living and dining areas flow effortlessly together, while the functional kitchen is equipped with stainless steel appliances a GAS STOVE, and ample workspace and storage. The main level includes a generous primary retreat complete with a walk-in closet and private ensuite, along with two additional bedrooms and a full 4-piece bathroom. The fully developed basement expands the home's versatility with two additional bedrooms, a large recreation/family room, full bathroom, and the option for a sixth bedroom, office or flex space. A SEPARATE ENTRANCE to the lower level creates excellent potential for future legal suite development or multi-generational living. (subject to approval and permitting by the city/municipality) Step outside to enjoy the massive backyard with direct access to walking trails and green space perfect for families, pets, or summer entertaining with a convenient gas BBQ hookup already in place. The LARGE HEATED DOUBLE GARAGE provides exceptional year-round functionality with additional space ideal for storage, tools, or a dedicated workbench area. Additional highlights include a NEW ROOF (2024), HRV system, TANKLESS HOT WATER, central vacuum, and CENTRAL AC. A rare opportunity to own a cared for bungalow with a premium lot and outstanding flexibility in one of Red Deer's most sought-after communities. (Photos are virtually staged)