Location, lifestyle and versatility come together beautifully in this charming raised bungalow in Arnhem Place. Just half a block from a neighbourhood park and within walking distance to Wascana Park and its extensive walk/bike trails, this is a location made for enjoying the outdoors. You're also conveniently close to the University of Regina and downtown. Inside, approximately 1,150 sq. ft. on the main level offers a bright and welcoming living space filled with natural light from an abundance of large windows. Original hardwood flooring adds warmth and character throughout much of the main floor, while the spacious galley-style kitchen features beautiful custom cabinetry by Rick's Cabinets and stainless steel appliances. A separate dining room creates a comfortable space for everyday meals and entertaining. The main level also offers two spacious bedrooms and a full bathroom, providing a practical layout for a variety of lifestyles. A private side entrance leads to the lower level, where you'll find excellent flexibility and income potential. The bright lower-level space includes a cozy rec room, galley-style kitchen, two bedrooms, a 3-piece bathroom and shared laundry. Newer flooring in the rec room, kitchen and one bedroom adds a fresh feel to the space. Whether used for extended family, guests, a teenager's retreat or rental income, the possibilities are plentiful. Step outside and enjoy your own private backyard complete with a deck — a great place to unwind, entertain or simply enjoy a quiet evening outdoors. The single detached garage and additional rear parking offer plenty of room for vehicles, storage and hobbies. If you're looking for a home that offers character, outdoor lifestyle, flexible living space and a location surrounded by some of Regina's best parks and trails, this Arnhem Place gem deserves a closer look.