A truly exceptional waterfront property on the tranquil shores of Wallace Pond in Canaan, Vermont. This meticulously renovated residence blends timeless craftsmanship with modern luxury, offering a rare, turnkey lakefront lifestyle. Recent enhancements include a thoughtfully designed primary suite and a direct entry two-car garage, completing the home's refined transformation. The main level is anchored by a sophisticated open-concept kitchen, living, and dining space, where expansive windows frame uninterrupted views of the lake and Canada. The private primary suite serves as a serene retreat, featuring a whirlpool tub and spa-like ambiance, while two additional bedrooms and a full bath provide comfort and flexibility for guests. The lower level offers generous space for entertaining and relaxation, with a large living, potential for a sleeping area, a ¾ bath, and an oversized recreation room that flows effortlessly to the patio and water's edge-ideal for seamless indoor-outdoor living. Luxury extends beyond aesthetics, with energy-efficient mini-split systems, radiant in-floor heating, and shoreline stabilization completed in coordination with the State of Vermont to preserve the integrity of the waterfront. Adding to the property's appeal is a charming, fully renovated and equipped waterfront guest cottage with its own kitchen and bath-perfect for hosting family and friends in privacy and style. The home is being sold mostly furnished and is ready for you to settle in and get ready to enjoy your summer. View the property video on youtube!