Nestled on nearly an acre in Falling Shoals, this Frank Betz-designed 5-bedroom, 3.5-bath home offers more than 4,000 square feet of thoughtfully designed living space with exceptional flexibility for the next owner. Ideal for large families, multi-generational living, or anyone seeking room to spread out, the home's finished terrace level creates opportunities for a variety of living arrangements. Major updates and efficiency improvements provide peace of mind, including a new architectural shingle roof (2025), new water heater (2026), attic spray foam encapsulation, an 18-SEER zoned HVAC system, radon mitigation system, and a dehumidifier serving the basement. The main level features a private in-law suite and an oversized primary suite with a separate sitting area—perfect for a morning coffee retreat, reading nook, or home office. Downstairs, the possibilities continue. The 90% finished basement features a 13-seat home theater, (all equipment conveys) as well as a backlit dry bar with a beverage refrigerator, creating the ultimate gathering space for movie nights, game days, and entertaining. The exterior access allows the terrace level to function independently from the main living area if desired. multiple flex spaces, abundant storage, luxury vinyl plank flooring, & a half bath with a utility sink (could be converted to a full bath for a third suite). Outside, enjoy a large deck overlooking a fenced backyard that transitions into a peaceful wooded setting overlooking a small creek and permanent green space. It's a private retreat, enhanced by the surrounding conservation easement, providing a rare opportunity in the neighborhood for a more secluded feel. Falling Shoals provides a private community pool, tennis courts, and weekly trash collection, through HOA dues. High-speed internet is available. Convenient to East Athens shopping, and dining, the neighborhood feels tucked away from the hustle and bustle while still close to essentials.