A rare opportunity to own an extraordinary waterfront retreat on the peaceful shores of Wallace Pond in Canaan, Vermont. This beautifully renovated home showcases a seamless blend of classic craftsmanship and modern sophistication, offering a truly turnkey lakefront lifestyle.Thoughtfully updated throughout, the property features a newly designed primary suite and a convenient direct-entry two-car garage, completing its elegant transformation. The main level centers around an open-concept kitchen, living, and dining area, where expansive windows capture sweeping, unobstructed views of the lake stretching toward Canada?filling the space with natural light and a sense of calm.The private primary suite is a true sanctuary, complete with a whirlpool tub and spa-inspired atmosphere. Two additional bedrooms and a full bath provide comfortable accommodations for guests. The lower level expands the home's versatility, offering generous space for entertaining and relaxation, including a large living area, flexible sleeping space, a 3/4 bath, and an oversized recreation room with direct access to the patio and shoreline?perfect for effortless indoor-outdoor living.Beyond its beauty, the home is designed for year-round comfort with energy-efficient mini-split systems and radiant in-floor heating. Shoreline stabilization has been professionally completed in partnership with the State of Vermont, ensuring long-term waterfront integrity.Enhancing the property even further is a charming, fully renovated waterfront guest cottage, complete with its own kitchen and bath?ideal for hosting family and friends with privacy and ease.Offered mostly furnished, this exceptional property is ready for immediate enjoyment?just in time for summer on the lake.