There are houses, and then there are places that simply feel like home the moment you arrive. Tucked into the beloved neighborhood of Parkwood, 5621 Pelham Road is one of those places. A classic 1970s ranch with a finished walkout basement, it has been cared for across decades by the original owners with a steadiness that is rare today. Solid, comfortable, welcoming, and quietly full of possibility. Set on a beautifully landscaped third of an acre, this home features four true bedrooms, two full baths, and multiple living spaces that flex easily with the needs of everyday life. Upstairs, the ease of a traditional ranch layout creates a natural rhythm. The living room flows into the dining and kitchen area, and a coveted screened porch is THE spot for morning coffee, evening dinners, winter glimpses of the lake, summer breezes, and birdsong in every season. You're looking at a move-in ready home, though buyers may envision aesthetic updates down the road. The home's current condition reflects consistent, thoughtful care. Fresh interior paint brightens every room, and updated windows usher in a soft, steady glow. The upstairs bedrooms line the hallway in classic fashion, including a primary suite with double closets and an ensuite bath. Both baths remain vintage in footprint and finish, though impeccably maintained and fully functional. Head downstairs and the possibilities expand. The finished walkout basement delivers an enormous flex space with French doors to the backyard, perfect for a family room, teen retreat, game night headquarters, yoga studio, or the kind of home office setup that actually feels inspiring. A private fourth bedroom sits nearby, ideal for guests or anyone wanting extra breathing room. And then comes a rare bonus, a two room workshop and utility area that DIYers, hobbyists, and creatives will instantly appreciate. Storage, tools, bikes, crafting, projects, it all fits here. Outdoors, the lot is level and inviting, bordered by mature ornamental landscaping lovingly cultivated across decades. Fig trees, flowering shrubs, and established perennials add texture and color through the seasons. The backyard includes a patio for gatherings, open lawn for play, and natural areas blending seamlessly into the wooded backdrop. The concrete driveway leads to a 2-car carport with covered entry, a welcome convenience year round. Major system updates include a 2021 roof, updated windows, whole house surge protection, electrical panel upgrades, and plumbing improvements including PEX water lines and PVC sewer line replacement. With the mechanicals located in the heated basement, the layout is both practical and uncommon for our local area. And then there is the Parkwood neighborhood. One of Durham's original planned communities, designed alongside the early days of Research Triangle Park, Parkwood spans over one hundred acres of shared green space. Trails, playgrounds, a ballfield, and a 40-acre lake (a 5 min walk away) create a setting that feels peaceful and connected. Seasonal events, nearby dining, and quick access to Southpoint (3 mi), RTP (4.5 mi), UNC (9 mi), Duke (10 mi), and RDU (8.5 mi) make this location hard to beat. Take advantage of this unique opportunity to feel at home in one of Durham's most established neighborhoods, whether you lean toward preserving its classic character or envision personal touches as time allows. It is a place that has been well loved and well lived in, and now it is ready for its next chapter. Welcome to Parkwood. Welcome home!