Welcome to 5135 Deerlake Drive, an exceptional executive home offering approximately 4,886 square feet across three finished levels in desirable DeerLake. With 5 bedrooms, 5 full bathrooms, a finished walkout basement, approximately 0.45 acre, multiple living areas, and a peaceful natural stream setting, this home offers an outstanding combination of space, flexibility, and comfort. The welcoming two-story foyer opens to formal living and dining rooms. Hardwood flooring throughout the main level adds warmth and character, while the spacious family room with fireplace provides an inviting gathering space. A main-level bedroom with adjacent full bathroom is ideal for guests, an office, or multigenerational living. The well-appointed kitchen features granite countertops, abundant cabinetry, pantry, vertically stacked microwave, warming drawer, oven, dishwasher, and refrigerator. The laundry room includes a utility sink, and the attached two-car garage provides convenient kitchen access. A distinctive dual-staircase design connects the main level to the upper floor from both the foyer and kitchen. The bright sunroom, complete with an indoor swing and direct backyard access, provides a relaxing retreat. The upper level features new luxury vinyl flooring throughout. The spacious owner's suite offers double vanities, wall-to-wall mirrors, soaking tub, separate shower, oversized walk-in closet, private deck access, and a Wi-Fi-enabled smart thermostat. Another bedroom features vaulted ceilings, abundant natural light, walk-in closet, and private ensuite bathroom. Two additional bedrooms share a Jack-and-Jill bathroom with double vanities. The fully finished walkout basement offers exceptional flexibility for recreation, entertaining, guests, multigenerational living, work-from-home space, or hobbies. A finished mini kitchen includes dishwasher, microwave, sink, bar counter, and plumbing ready for a refrigerator. Two bonus rooms provide flexible space for an office, media room, exercise room, hobby area, or guest space. A full bathroom with attached sauna adds convenience. Additional storage includes built-in wooden racks, while two HVAC systems and the water heater are housed in the mechanical area. Outdoor living includes a covered brick-floored patio, expansive wooden deck, and private low-maintenance backyard overlooking a peaceful natural stream, creating a relaxing setting for outdoor gatherings or everyday enjoyment. Additional features include three HVAC systems, hardwood flooring on the main level, new LVP flooring upstairs, finished walkout basement, basement mini kitchen and sauna, dual staircases, main-level bedroom and full bathroom, two-car garage with kitchen access, expansive deck, covered patio, private stream setting, and lawn irrigation system available with subscription. DeerLake offers a swimming pool, tennis courts, sidewalks, and landscaped common areas. Conveniently located near GA-400, Avalon, Halcyon, Downtown Alpharetta, shopping, dining, parks, entertainment, grocery stores, fitness centers, and medical facilities. A rare opportunity to own a spacious 5-bedroom, 5-full-bathroom Alpharetta home with nearly 4,900 square feet, a finished walkout basement, flexible living spaces, approximately 0.45 acre, and a peaceful natural setting in the desirable DeerLake community.