Welcome to this stunning mid-century modern ranch home with a walk-out basement, perfectly situated on one of the largest lots on the highly coveted Maple Grove Reservoir in Applewood. Homes on the lake rarely come to market, making this a wonderful opportunity to own a property with breathtaking water views & an array of premium upgrades, including: expansive new windows which flood the home with natural light & showcase serene lake views, radiant heated flooring in the renovated bathrooms, a completely updated interior with new flooring, appliances, & modern finishes throughout, new exterior paint, new HVAC, & more! With gorgeous views from the front door, the main level features open-concept living with vaulted ceilings & tall exposed beams, a spacious living & dining area with a cozy fireplace, & a renovated kitchen with Calacatta Quartzite countertops & abundant storage. The primary suite offers a tranquil retreat with a luxurious 5-piece bath with a soaking tub & a spacious closet, two additional bedrooms & a beautifully updated bathroom, completing the main floor. The lower level also has stunning lake views & features walk-out access to the expansive backyard. Perfect for multi-generational living, an in-law suite, or even Airbnb potential, this lower level includes another complete kitchen with brand-new appliances & Quartzite countertops, a charming family room that is ideal for relaxation or entertaining, 2 additional bedrooms + Bonus Room (currently used for storage, but could be for a gym or office), & a new custom bathroom with a sleek, walk-in shower. Outside, the sprawling deck invites you to soak in the breathtaking lake views, wildlife sightings/extraordinary birdwatching, all while enjoying complete serenity. This prime location is close to South Table Mountain trails, Rolling Hills, Lifetime, & has easy access to parks, major highways, & foothills. This meticulously updated home blends modern luxury with natural beauty—a true gem in Applewood!