Endless possibilities await with this exceptional hillside walkout bungalow featuring a legal suite in the heart of Lacombe. Thoughtfully designed for flexibility, both the upper and lower levels offer separate entrances, driveways, and municipal addresses, creating an ideal arrangement for multi-generational living, or generating rental income. The main level spans an impressive 1,942 sq ft, featuring an open layout with 4 bedrooms the primary with a 5 pc ensuite! The family room opens onto a private balcony, providing the perfect spot to enjoy your morning coffee. Downstairs, the walkout suite features a kitchen, living room, bedroom, bathroom and plenty of storage. Car enthusiasts will appreciate the huge 25' x 29' garage, complete with gas, power, and a chimney already in place for a future heater. Situated in a mature, scenic neighborhood close to shopping, parks, bus routes and everyday amenities, this St. Albert property delivers space, versatility, and long-term value--an outstanding opportunity!