Welcome to 705 Waters Edge, a rare opportunity to own a beautifully maintained waterfront home in the exclusive gated community of Bouldercrest Villas. Experience the best of Douglas Lake living without the hassle of constantly adjusting your dock with fluctuating water levels. This spacious 4-bedroom, 4-bathroom home offers more than 3,000 square feet of thoughtfully designed living space across two levels, combining comfort, functionality, and gorgeous lake and mountain views. Inside, the main level features a desirable open-concept floor plan with a spacious living room highlighted by soaring vaulted ceilings, expansive windows that fill the home with natural light, and a seamless flow into the kitchen and dining area--perfect for entertaining family and friends. The main floor also includes a generous primary suite with a private bath, a second bedroom currently utilized as an office with elegant double French doors, an additional full bathroom, a conveniently located laundry room, and an expansive covered patio overlooking the beautifully landscaped backyard. Just below the patio, you'll find your own private fire pit with seating, creating the perfect place to gather with family and friends while enjoying peaceful evenings under the stars. Upstairs, you'll find a private guest suite complete with its own en suite bathroom, a fourth bedroom, a large bonus room offering endless possibilities for a media room, playroom, or additional sleeping space, and a fourth full bathroom. Life at Bouldercrest Villas is designed to be as carefree as it is enjoyable. The property includes one deeded boat slip and lift, while the proactive Homeowners Association handles dock adjustments as lake levels change--allowing you to spend more time enjoying the water and less time maintaining it. Residents also enjoy exceptional community amenities, including a lakeside pavilion perfect for gatherings, a fire pit overlooking Douglas Lake and the surrounding mountains, a pickleball cour