*This home qualifies for the Community Reinvestment Act (CRA) providing 1.75% of the loan amount with a cap of $7, 000 as a credit towards buyer’s closing costs! Five bedrooms, three bathrooms, a rare walkout basement and nearly a third of an acre in an established Lakewood neighborhood. This inviting ranch combines the ease of main-floor living with original hardwood floors, an updated kitchen and an exceptionally versatile floorplan that offers possibilities for multigenerational living or rental income. Inside, an open living and dining area welcomes you with beautiful original hardwood floors, abundant natural light and a classic brick fireplace that brings warmth and character to the space. The updated kitchen features stainless steel appliances, a distinctive copper farmhouse sink and a charming window seat overlooking the yard. Three bedrooms on the main level include a spacious primary suite with its own three-quarter bath, while an updated full hall bath serves the additional bedrooms. A generous pantry offers the potential for convenient main-floor laundry. Downstairs, the rare walkout basement opens up an entirely different set of possibilities. With its own private exterior entrance, a spacious family room with a second fireplace, kitchenette, updated three-quarter bath, two bedrooms and additional bonus spaces, this level offers compelling flexibility for guests, multigenerational living or potential rental income. A substantial .29-acre lot offers a large usable lawn, mature landscaping and a wonderful covered patio with an outdoor fireplace, ideal for gathering with friends or enjoying Colorado evenings. Storage shed, two-car garage + generous driveway parking! Additional improvements include central AC installed in 2018 and a water filtration system. Just a short walk to O’Kane Park and convenient to Lakewood Country Club, this established location offers excellent access to both downtown Denver and the mountains