Welcome to this two-story Cape Cod traditional, perfectly situated in the heart of Lake Balboa. With tons of square footage for the money, this home represents an incredible value proposition for buyers seeking space, versatility, and future potential. Inside, the main level features original hardwood floors, two bedrooms plus an office, and a layout that balances everyday living and entertaining. The living room and family room offer distinct spaces for relaxing and gathering, each filled with beautiful natural light. Upstairs, you’ll find two additional bedrooms and a full bath, along with a bonus space cleverly carved out of the attic — ideal for a playroom, studio, or extra storage. Outside, the backyard steals the show with a sparkling pool, lush grassy area, and a multi-use zone perfect for basketball, outdoor dining, or barbecues. The corner location at Covello and Paso Robles offers added privacy and convenience, with the garage accessed from Covello — a layout that’s perfect for an ADU conversion. Move right in and enjoy the home as is, or make thoughtful updates over time to truly make it your own. For those seeking a large family home with ADU potential and a generous backyard, this is one you don’t want to miss.