Opportunity awaits in this one-owner home on a spacious 0.48-acre corner lot! Step inside to a bright living room, where large windows fill the space with natural light and a cozy wood-burning fireplace. Hardwood floors flow throughout the main level, leading to the informal dining room featuring charming built-ins and plenty of space for everyday meals or entertaining. The kitchen offers abundant cabinet storage, generous counter space, and a window overlooking the expansive backyard. From the kitchen, step into the garage, outside to the deck or down to the lower level. The main floor also includes a full bathroom with tile flooring, ample vanity/closet space, and three generously sized bedrooms, all with hardwood floors. The lower level offers endless potential, with a finished ¾ bathroom already in place and space to create a large family room centered around a second wood-burning fireplace, plus room to add a fourth bedroom and dedicated storage and laundry rooms. An attached two-car garage and additional parking pad offer extra convenience and potential. Outside, enjoy the privacy and space of the expansive corner lot, complete with deck and storage shed. Conveniently located with quick access to downtown Wayzata, Lake Minnetonka, parks, and Orono Schools, this home is ready for its next chapter.