Welcome to 104 Half Penny Lane, a spacious 3,500+ sqft home nestled on over 3 acres in the desirable Malvern neighborhood. Inside, the first-floor primary bedroom offers exceptional convenience with an ensuite bath and walk-in closet. A functional floor plan features beautiful hardwood floors and two additional main-level bedrooms. The kitchen, dining room, and living room flow seamlessly, creating a homey atmosphere for your family and guests! The home boasts a walk-out basement with a full bath, kitchenette, and flexible additional living space-ideal for guests, an in-law suite, or a rental for supplemental income. Recent updates include a brand new roof (2026), new carpet in three main level bedrooms (2026), water filtration system (2022), well pump (2022), and brand-new stainless-steel kitchen appliances (2026). Enjoy the expansive property, back deck, two-car garage, and the natural beauty of a creek on site. Located in the established Malvern of Madison community, residents enjoy a welcoming neighborhood setting with access to a community lake, swimming pool, clubhouse, and playground. Offered at an attractive price below the tax assessment - don't miss your opportunity to own a lovely home in a wonderful neighborhood!