Nestled in Ann Arbor's coveted Lansdowne neighborhood, this wonderful 4B/3.5BA home offers an abundance of beautiful living space with a rare waterfront setting. The main level boasts gorgeous custom hardwood floors, a vaulted ceiling formal living room, an office, and a cheerful white kitchen refinished in 2019 with quartz counters and stainless appliances, plus a brand new furnace (5/26). The adjacent family room with wood beams and a brick hearth/fireplace is where everyone gathers, and both it and the dining room have sliders out onto an expansive Trex deck where one can take in the elevated views of the trees and perennial garden that terrace down to the edge of the Lans Basin stream. Below, the finished walk-out basement features a large open area with resilient wood-look vinyl flooring, a full bathroom, a second gas fireplace, tremendous storage, and a slider opening to the lower patio and garden. Upstairs is a primary suite with a balcony to enjoy the peaceful, south-facing view, and three other bedrooms that share the hallway bathroom. Enjoy a quintessential Ann Arbor lifestyle with unmatched proximity to local schools, shopping, and the University of Michigan from this spacious and well-appointed home! HERD Score of 3. Report available at a2gov.org/herdmap.