This extraordinary waterfront retreat is located in the sought-after neighborhood of Lemolo. This home captures breathtaking views of Liberty Bay and the majestic Olympic Mountains. With over 4,400 sq ft of living space and more than 100 feet of no-bank waterfront, this home is designed to embrace the beauty of its surroundings from nearly every room. Walls of expansive windows fill the home with natural light, while soaring timbered ceilings, rich cedar walls, hardwood floors, and a dramatic brick fireplace create a warm Northwest lodge-inspired atmosphere. The spacious great room flows seamlessly into the kitchen featuring cherry cabinetry and generous entertaining space, all perfectly positioned to enjoy the spectacular water views and boats sailing into downtown Poulsbo. Designed for effortless indoor-outdoor living, multiple waterfront decks ideal for entertaining, relaxing, and taking in unforgettable sunsets over the bay. The main-floor primary ensuite offers comfort and convenience, complete with private deck access overlooking the water. The expansive daylight basement offers flexibility with a large recreation area, additional bedroom, full bath, and laundry space-perfect for guests, gatherings, or multi-generational living. This property also includes a boathouse, an attached two-car garage, and a detached two-car garage. Enjoy kayaking, paddleboarding, boating and swimming right from your own shoreline, all just minutes from charming downtown Poulsbo.