Welcome to 12404 Wallace Lane - a rare opportunity with endless potential! This unique 2-level rambler sits proudly on a sprawling 5.5-acre parcel surrounded by mature trees, offering peaceful country living with abundant space both inside and out. There is no HOA and no HOA fee for this property, providing added freedom and flexibility. The 5.5-acre property was previously used for horses and cattle and could be used again for livestock or other agricultural uses, making it ideal for those seeking space for animals or a small hobby farm. The main level features a welcoming living room with fireplace, a large eat-in kitchen with breakfast bar, generous counter and cabinet space, and an expansive family room with a striking stone wall fireplace. The level also includes three bedrooms and a full bath. Large windows fill the home with natural light, while features such as ceiling fans, refrigerator, dishwasher, and wall-to-wall carpeting add comfort and convenience. The three bedrooms feature hardwood flooring, and the area off the kitchen provides ample space for a dining room set and additional family room seating-perfect for gatherings and everyday living. The finished walk-out basement expands the home's living space with a carpeted den, an additional bedroom, a full bathroom rough-in, a laundry/utility room with washer and dryer, and a large storage room. A sliding door leads to a private backyard patio, creating easy access to outdoor entertaining and relaxation. Outside, the property truly shines with a large concrete patio featuring a built-in masonry barbecue grill/fireplace, ideal for hosting family and friends. Car enthusiasts, hobbyists, or those needing extra workspace will appreciate the two separate 2-car garages and a driveway that accommodates four or more vehicles. Located adjacent to the Marlton community, residents have nearby access to pools, tennis courts, and playgrounds (pool membership required), as well as Marlton Golf Course. The property offers the serenity of acreage living while remaining conveniently located approximately 10 miles from Andrews Air Force Base, about 40 minutes to downtown Washington, DC, 45 minutes to Annapolis, and 55 minutes to Baltimore. Whether you're looking to renovate, expand, or customize to create your dream home, this exceptional property offers space, flexibility, and a location that blends peaceful surroundings with convenient regional access. Mortgage savings may be available for buyers of this listing.