Discover this rare gem in one of Penn Valley's most coveted neighborhoods, featuring a stunning $200,000 professional renovation and permitted addition. Situated on over an acre of level, usable, and nearly fully fenced land, this turnkey single-story residence offers the perfect blend of modern luxury and functional living. Located just minutes from the heart of town, you are within easy walking distance to local shopping, dining, and the renowned Western Gateway Park, widely considered one of the premier outdoor destinations in Nevada County. Enjoy immediate access to the local bike park, an outdoor amphitheater, a disc golf course, and a sprawling dog park, all while maintaining effortless access to Highway 20 for your commute. The home has been thoughtfully expanded with a permitted 876 square foot addition, bringing the total to five spacious bedrooms and three full bathrooms. The heart of the home is a stunning open-concept chef's kitchen featuring a massive pantry, premium finishes, and a seamless flow into the living areas. Bathed in natural light, the interior boasts luxury vinyl plank flooring designed for both beauty and everyday durability, complemented by custom window treatments and abundant storage throughout. The primary suite is a private sanctuary featuring high ceilings and a spa-like ensuite with a double vanity, a deep soaking tub, and a custom shower with dual heads. A large walk-in closet and a private, dedicated patio just off the suite provide the perfect space for quiet morning coffee. Practicality meets comfort with a fully drywalled and insulated garage equipped with laundry hookups, plus the convenience of super-fast cable internet. This is a rare opportunity to own a spacious, modern single-story home on a manageable acre that truly offers everything you need for years to come.