Welcome to 717 Peregoy Farms Way, the lake view modern construction craftsman home near Old Town that you've been dreaming of. Located in Pateros Creek with acres of private open space including central community park, orchards, private ponds & forested walking trails, & direct access to the Poudre River trail, this home is a hidden Old Town gem. Approaching the home, notice the stone work & a covered porch ready for rockers. Enter the front door into the formal entryway with room for a bench that features a large coat closet. Across the hall, the large primary bedroom with walk-in closet, dual sinks, water closet, soaking tub & walk-in shower are perfect for relaxation & unwinding. Down the hall, find the powder room & next, the large kitchen, living room & dining room with windows overlooking that privately owned lake behind. The kitchen has euro-style full wood box cabinets by The Aritsan Shop with RH kitchen hardware. The appliance package includes refrigerator, dual drawer built-in beverage fridge, Jennair dual fuel range & Jennair Dishwasher. Custom Windsor Windows offer high efficiency, quality & classic design; covered w/ power Hunter Douglas window coverings. The living room features a center high-efficiency wood burning fireplace, designer wood paneling & mantel. Don't miss the hideaway office off the living room. Out back, a large deck w/ pergolas overlook the privately held adjacent lake w/ views & privacy. Perfect for entertaining or pets w/ lawn, professional landscaping & surrounded w/ large mature trees. Upstairs, notice the solid wood floors w/ a second living area, second HVAC system w/ independent zone, additional washer/dryer, 2 bedrooms w/ shared bathroom & an additional guest suite w/ ensuite bathroom w/ views over the lake. The garage & laundry room on the main level feature significant built-in storage; the garage has custom epoxy coating, overhead shelves, 220v outlet & hot-cold water spigot. This home is the full package; see it today!