Rare opportunity - a classic bungalow in one of Northwest Washington's most desirable neighborhoods! Nestled on a deep lot just steps from Takoma Park's charming Old Town, this home offers timeless character, generous living space, and exceptional potential. A welcoming covered front porch leads into the main level, featuring freshly-refinished hardwoods throughout, a living room with fireplace, a formal dining room, and a kitchen with gas cooking that opens to the breakfast room. The breakfast room enjoys a charming corner China cabinet and a side entrance to the yard. A versatile office or flex room provides additional living space, while two bedrooms and a freshly-painted full bathroom complete the main level. Upstairs, a landing with a walk-in closet leads to a spacious bonus room with its own walk-in, a bedroom, and a half bathroom. Above the bonus room is a loft with fixed stairs, providing excellent storage or play space. The lower- level offers even more flexibility with a recreation room, a bonus room, a full bathroom, a laundry area, and a workshop. Outside, the deep backyard provides plenty of room for gardening, recreation, and includes a storage shed. Whether you're a buyer looking to create your forever home, or an investor or renovator/remodeler, this home presents an outstanding opportunity. While the home is ready for significant cosmetic updates, its generous floor plan, classic architectural character, and unbeatable location make it a truly special offering. Enjoy living just steps from Takoma Park's vibrant Old Town, the Takoma Metro, a bevy of neighborhood restaurants, local shops, parks, and the popular Takoma Park Farmers Market. See you there!