This exceptional ranch-style home welcomes you to a sophisticated beauty that is nestled in the highly sought-after neighborhood of Observatory Park. Enjoy 5 bedrooms, 2 baths, and a terrific separation of areas that boasts 3 bedrooms on the main level and 2 bedrooms downstairs. Wood floors throughout the main level, fresh paint, a totally renovated kitchen, a finished basement with a fabulous bar, an oversized two-car garage w/2 additional parking spaces, and a large, private backyard. The living room & dining room areas are complemented by wood floors. Enjoy the open floor plan, 2 wood-burning fireplaces, a renovated kitchen featuring slab granite, 42″ cabinetry, stainless steel appliances, a breakfast bar, a large pantry with pull-outs, & a wine rack and cabinet. The entertainer’s basement is an ideal family gathering space with a generous bar, is wired for surround sound, and offers an abundance of storage including a walk-in storage area. The additional two secondary bedrooms can easily be used as a guest suite or in-home office. The larger bedroom has private access to the updated bath that features gorgeous tile accents, a stylish vanity, lighting, & hardware. A massive utility & laundry room provides added convenience & built-in shelving. Add your personal touch to this room for potential equity gains! The outdoor oasis provides a stone patio w/electrical outlets, a pergola & retractable shades for privacy, wired for outdoor speakers, a privacy fence, a fenced-in dog run, 2 extra parking spaces, as well as extra storage areas in the garage. Ultra-wide streets and alley! Less than a year old sprinkler system and a water heater that is approximately 4 years old. Just a short distance to Observatory Park, University Park Elementary, Light Rail Station, DU, restaurants, Cherry Creek shopping district, and terrific access to the I-25 corridor. You do not want to miss out on this rare opportunity in the coveted neighborhood of Observatory Park for under $1M!