A rare opportunity to own an extraordinary waterfront retreat on the peaceful shores of Wallace Pond in Canaan, Vermont. This beautifully renovated home showcases a seamless blend of classic craftsmanship and modern sophistication, offering a truly turnkey lakefront lifestyle.Thoughtfully updated throughout, the property features a newly designed primary suite and a convenient direct-entry two-car garage, completing its elegant transformation. The main level centers around an open-concept kitchen, living, and dining area, where expansive windows capture sweeping, unobstructed views of the lake stretching toward Canada-filling the space with natural light and a sense of calm.The private primary suite is a true sanctuary, complete with a whirlpool tub and spa-inspired atmosphere. Two additional bedrooms and a full bath provide comfortable accommodations for guests. The lower level expands the home's versatility, offering generous space for entertaining and relaxation, including a large living area, flexible sleeping space, a ¾ bath, and an oversized recreation room with direct access to the patio and shoreline-perfect for effortless indoor-outdoor living.Beyond its beauty, the home is designed for year-round comfort with energy-efficient mini-split systems and radiant in-floor heating. Shoreline stabilization has been professionally completed in partnership with the State of Vermont, ensuring long-term waterfront integrity.Enhancing the property even further is a charming, fully renovated waterfront guest cottage, complete with its own kitchen and bath-ideal for hosting family and friends with privacy and ease.Offered mostly furnished, this exceptional property is ready for immediate enjoyment-just in time for summer on the lake.