Terrific custom-built raised ranch home provides a condo alternative and downsizing or investment potential in the heart of Winnetka! Nestled on a quiet tree-lined street, this 4 bedroom, 2 bathroom home offers a comfortable, well-designed floor plan with plenty of light and hardwood floors in all rooms on the main level except for the kitchen. A spacious, light-filled living room with sliding doors and built-in bookcases opens to a formal dining room. The dining room offers a compact closet perfect for storing entertainment items and sliding doors to a balcony. The kitchen includes convenient pantry storage, a utility closet, and a cozy breakfast area that opens to a deck. The primary bedroom is situated on the main floor and features a generously sized walk-in closet. A second well-sized bedroom and full guest bath with exterior linen storage complete the main level. An expansive walkout lower level offers a large family room with abundant storage and private exterior access, making it ideal for multigenerational living or overnight guests! Two spacious bedrooms on the lower level - one with a generously sized walk-in closet - offer flex options and may also be repurposed for a dedicated exercise room or remote learning/office space. The lower level contains another full bath and a utility/mechanicals room with laundry area and washer/dryer. Floored attic offers convenient access to additional storage. A detached 2.5 car garage with overhead bonus room and separate entrance has ADU potential and could be converted into a studio, office, apartment, or finished storage. Private fenced yard. Walk to New Trier, Carleton Washburne, Winnetka Park District/A.C. Nielsen Tennis Center, shopping, and dining!