Welcome to 1616 Canals Street, a thoughtfully designed Dunhill home in the highly desirable Valencia on the Lake—offering an impressive 4,066 square feet of living space for under $700,000. This well-planned layout delivers exceptional value for buyers seeking a large, functional home without the oversized price tag often associated with this level of space. The main level features a private study, formal living area, oversized primary suite, and a beautifully appointed kitchen complete with a butler’s pantry and breakfast nook. Nail-down hardwood floors, a curved stairwell, and vaulted ceilings create a welcoming entry, while the expansive primary bedroom and generously sized ensuite bath provide everyday comfort and retreat-like space. Upstairs, a large game room and a separate media room—already wired with projector, screen, and surround sound—offer flexibility for entertaining, relaxing, or multi-generational living. Media room seating is available for purchase. Situated on a scenic peninsula surrounded by Lake Lewisville, the community is ideal for those who enjoy walking and biking trails along the water. Convenient access to the 423 and Rockhill corridor places shopping, dining, and everyday essentials just minutes away, with a Costco nearby and the PGA Frisco approximately 2.5 miles from home. Located near the Little Elm–Frisco border, families also have the opportunity to apply for open enrollment with Frisco ISD. This home stands out for its size, layout, and location—delivering space where you want it and value that’s increasingly hard to find.