University Acres is one of Ft. Collins' most established and sought-after neighborhoods, known for its mature trees, spacious lots, large and distinctive mid-century homes, and unbeatable central location. Residents enjoy quiet streets, excellent walkability and bikeability, and convenient access to Colorado State University, Spring Creek Trail, Poudre Valley Hospital, and Old Town, offering timeless character with everyday convenience. Situated on a shady 1/4-acre lot with mature trees and established landscaping, this ranch-style home with a finished basement offers exceptional space and endless potential. The main level features nearly 1,650 square feet of living space, including original hardwood floors in the living room and all three bedrooms. The kitchen and dining area flow into an expansive 20' x 24' family / dining room that serves as an outstanding place to entertain, highlighted by a corner wood-burning fireplace with a beautiful stone surround. Just off the family room, a bright three-season sunroom provides the perfect place to relax while overlooking the private backyard, with direct access to the patio. A second exterior door off the kitchen offers convenient access to the backyard and an oversized storage shed. In the basement you'll find a spacious third living area, two additional non-conforming bedrooms, a bathroom with a walk-in shower, and a large utility, laundry, and storage room. The basement provides flexibility for guests, hobbies, or a home office. Major system updates include a new furnace (2019), new electrical breaker panel (2019), and new water heater (2022). This is an outstanding opportunity to own a home in one of Fort Collins' most cherished neighborhoods at an affordable price point. Move in and update over time while building equity, or join many of your neighbors and reimagine the space to create your dream home in a location that continues to be one of the city's most desirable.