Welcome to 501 Bearspaw Village Ridge, a stunning 2,313 square foot Bungalow with walk-up basement situated on a mature 2.96 acre lot backing onto an environmental reserve. This beautifully updated property offers a peaceful & tranquil lifestyle on a private lot filled with mature trees with Calgary's amenities just minutes away. Offering 2 living areas, a home office, 4 bedrooms, 3.5 bathrooms and endless storage, this sprawling rancher-style bungalow is the perfect family home or downsizers dream offering privacy and space, both inside and out. A grand tile foyer guides to the front great room with a vaulted wood ceiling centred around a 2-way wood burning fireplace. A wall of SW-facing windows overlook the front of the property while allowing natural light to pour through the space all day long. A private office, complete with pocket doors, overlooks the front yard. The updated kitchen has natural maple cabinets, granite countertops and a suite of built-in appliances including a 36" Ultraline gas cooktop with pot-filler, built-in SubZero fridge and double wall ovens. A large picture window & sliding patio doors off of the breakfast nook provide sweeping views of the backyard with direct access for daily convenience. Hardwood flooring flows through the kitchen & into the adjacent dining room, while solid wood interior doors throughout complement the country rancher style, offering both character & durability. Access to the oversized double attached garage, an expansive mudroom with dog-wash, laundry area & 2pc bathroom complete the east wing. The central dining area shares the wood-burning fireplace, perfect for entertaining with a wall of windows overlooking the treed backyard. The primary suite has its own private doors to the vinyl rear deck complete with an Arctic Spa hot tub. A walk-in closet and updated ensuite with in-floor heat, jetted soaker tub and tiled shower with 10mm glass surround complete the owner's oasis. Two more bedrooms & an updated main bathroom with in-floor heat complete the main level. Natural log railing leads to the lower walk-up basement where you'll find an expansive rec room complete with wet bar, a 4th bedroom, gym area, two storage rooms and a full bathroom. The exterior of this estate has been thoughtfully designed to maximize privacy and usable space, featuring a greenhouse, garden, playhouse (with power), two-tiered deck, patio with firepit, and a fully fenced backyard in addition to the SW-facing front covered patio that spans the width of the home. There are countless upgrades in this meticulously cared for property, including triple pane LUX windows, A/C (2023), water softener (2024), repaved driveway (2021), exterior repaint (2023), attic insulation in house & garage (2017), septic field (2019) and a backyard living space with two vinyl decks, stone patio and walkway (2020, $80K). Perfectly combining country living with the conveniences of a city, this truly unique Bearspaw acreage must be seen to be fully appreciated.