Welcome to this beautifully updated and spacious 5-bedroom rancher with a walkout basement in desirable Magic Estates. Offering 3 baths and over 3,000 sq ft of versatile living space, this home offers plenty of room for the entire family, perfect for teens! Step into a welcoming tiled foyer that flows seamlessly into rich hardwood flooring throughout the living and dining areas. Soaring vaulted ceilings add a bright, airy feel to the main living space, perfect for relaxing and entertaining. The large kitchen features a central island, tile flooring, and is part of a cozy family room with a gas fireplace. French doors lead out to a mountain-view deck complete with a gas BBQ hookup, ideal for summer evenings. Downstairs, the walkout basement boasts 3 generously sized bedrooms, a large rec room with a second gas fireplace, and more French doors opening to a covered patio and fenced backyard. There's also a spacious games room, which could easily be converted into a media room or home theatre. Bonus features include: Central AC, built-in vacuum system, underground sprinklers, direct access to Knox Mountain Park with hiking & biking trails just across the street. Recent renovations include: asphalt roof, fully renovated kitchen, removal of poly-B plumbing, recent furnace & A/C, and replaced hot water tank. Fresh paint and new carpets main floor. Don't miss your chance to own this updated and move-in-ready home in one of Kelowna’s most desirable neighborhoods!