Welcome to Auburn Bay, where lake living meets everyday convenience. This beautifully updated 4-bedroom, 3-bathroom bungalow offers over 1,800 sq. ft. of developed living space in one of Calgary's premier lake communities. Whether you're looking for a family home, multi-generational living, or additional income potential, this property delivers the flexibility and lifestyle today's buyers are searching for. The bright and inviting main floor features over 1,000 sq. ft. of thoughtfully designed living space, including two spacious bedrooms and two full bathrooms. The primary retreat offers a private 4-piece ensuite, while the second bedroom is perfectly positioned near an additional full bathroom. The kitchen has been refreshed with brand new quartz countertops, a new refrigerator, new dishwasher, updated LED pendant lighting, and numerous new pot lights that create a modern and welcoming atmosphere throughout. Fresh paint, new blinds and updated finishes give the entire home a clean, move-in-ready feel. A separate entrance leads to the fully developed lower level, featuring a spacious 2-bedroom illegal suite complete with its own kitchenette, brand new refrigerator, dishwasher, ample cabinet space, new carpet, fresh paint, and a full bathroom. Whether used for extended family, guests, or rental income, this versatile space provides endless possibilities. Outside, enjoy all the benefits of living in Auburn Bay, one of Calgary's most desirable four-season lake communities. Residents enjoy exclusive access to the private lake, where summers are spent swimming, paddleboarding, kayaking, fishing, and relaxing on the beach, while winters bring skating, hockey, and year-round community events. Auburn Bay's extensive pathway system, parks, playgrounds, and strong community atmosphere make it a favourite among families and professionals alike. Location is everything, and this home places you just minutes from South Health Campus, Seton Urban District, the Brookfield Residential YMCA, Cineplex Theatre, restaurants, shopping, grocery stores, schools, and countless everyday amenities. With quick access to Deerfoot Trail and Stoney Trail, commuting anywhere in the city is easy and convenient. This is your opportunity to enjoy the perfect combination of updated living space, flexibility, and one of Calgary's best lifestyle communities.