1004 Phelps Lane INCREDIBLE VALUE IN SHOREWOOD! MAJOR HIGH-DOLLAR UPDATES ARE ALREADY DONE-BRING YOUR PAINT COLORS AND MAKE IT YOUR OWN! Enjoy the peace of mind that comes with many of the big-ticket improvements already completed, including ROOF (2022), FURNACE (2024), CENTRAL A/C (2026), WINDOWS & DOORS, 6-FT PRIVACY FENCE, LEAFGUARD GUTTER PROTECTION, STOVE, MICROWAVE, AND WATER PURIFICATION SYSTEM. This spacious two-story home offers nearly 2, 700 sq. ft., 4 bedrooms, 2.5 baths, a versatile loft, full basement, fireplace, and a fully fenced backyard with a 21-foot above-ground pool, all backing to peaceful open space! Step inside the dramatic two-story foyer and discover generous room sizes and wood-plank luxury flooring throughout the main level. Formal living and dining rooms provide plenty of entertaining space, with a beautiful bay window featured in the dining room. The dream kitchen is the heart of the home, offering a massive center island, abundant 63-inch cabinetry, stainless steel appliances, spacious eating area, and sliding glass doors leading to the backyard. The adjoining family room features a cozy fireplace, abundant natural light, and beautiful backyard views. Upstairs you'll find 4 generously sized bedrooms PLUS a loft, ideal for a home office, playroom, second family room, or potential 5th bedroom. The spacious primary suite features cathedral ceilings, two walk-in closets, and a private bath with double vanity. The updated hall bath includes skylights, and Bedroom 3 offers direct bath access. The full unfinished basement provides excellent storage and endless possibilities for future living space. Outside, enjoy your own backyard retreat with a 6-foot privacy fence, stamped concrete patio, 21-foot above-ground pool with heater (approximately 2 years old), plenty of entertaining space, and beautiful views backing to open space. With so many of the expensive updates already taken care of, you can move in with confidence and concentrate on the fun part-bringing your colors, style, and finishing touches to make this home truly yours!