Welcome to your dream home near the heart of downtown Fredericksburg! This stunning Colonial-style residence, built in 2007 that won the Prestigious Parade of Homes award and has over 4000 sq ft spread over 3 levels. It is a perfect blend of modern elegance and classic charm not far from the VRE station. Priced well below appraised and tax assessment value with 5 spacious bedrooms and 3.5 beautifully appointed bathrooms, this home is designed for comfort and functionality in an extremly sought after neighborhood of College Heights with NO HOA. The kitchen is a chef's delight, featuring a double oven, built-in microwave, and ample pantry space. Enjoy meals in the breakfast area or the formal dining room, adorned with crown moldings and rich brazilan wood floors. Natural light floods the home through bay windows, enhancing the warm ambiance. The upper-level laundry adds convenience, while the luxurious soaking tub in the master bath offers a serene retreat. Each bedroom features walk-in closets, providing plenty of storage. The owners suit features a gas fireplace, walk-in closet, soaking tub, and very spacious walk-in shower with dual faucets. Outside, the property is equally impressive. Havc system was replaced in 2020 with a new natural gas/heat pump hybrid system with a steam humidifier. Home also has a tankless hot water system to ensure no lack of hot water. The 0.15-acre lot features a level front and rear yard, perfect for outdoor activities or relaxation. Enjoy the tranquility of tree-lined views while being just steps away from vibrant downtown amenities. With an oversized attached garage and a private concrete driveway, parking is a breeze. This home is not just a place to live; it's a lifestyle. Don't miss the opportunity to make this exceptional property your own!