Welcome to your dream home on Lake Terramere! If you're searching for space and an unbeatable location in Arlington Heights, this is it. Nestled in the sought-after Lake Terramere community and just across from lively Terramere Park, this spacious 5 bedroom (the 5th bedroom in the basement is being used as an office) 3.1-bath home offers stunning lake views and a thoughtful layout perfect for everyday living and entertaining. Step into a bright and flowing floor plan featuring a chef-inspired eat-in kitchen with abundant prep space and storage. The cozy family room, anchored by a classic stone fireplace, overlooks a private fenced yard with a shaded pergola and tiered patio-ideal for summer gatherings. The walk-out lower level includes an office and opens directly to the lake, blending work-from-home convenience with scenic tranquility. Upstairs, the enormous primary suite includes a luxury bathroom and a deluxe walk-in closet, while all bathrooms have been tastefully updated. With a full bath and bedroom on the lower level - plus the option to convert the current theater room back into a bedroom as it was originally - this home offers excellent potential for multigenerational living or flexible guest space. Enjoy nearby walking trails, top-rated schools, tennis and pickleball courts, the Buffalo Creek Preserve, and even a 9-hole golf course. Plus, take part in the optional new Terramere Neighborhood Association-hosting seasonal events, social gatherings, and food trucks right in your neighborhood. With easy access to the Metra and major highways, and just minutes from downtown Arlington Heights and Deer Park shopping and dining-this is lakeside suburban living at its best. UPDATES: 2023 Microwave * 2022 Furnace and Roof * 2019 Washer and Dryer * 2018 Basement * 2018 Appliances.