Enchanting c. 1927 bungalow, nestled next to a meandering stream on .49 acres in Charlestown Township/Great Valley School District, is optimally located within 10 minutes of downtown Phoenixville and Malvern, Valley Forge National Park, Kimberton Village, Great Valley Corporate Center, access to Rts. 202, the Turnpike and major regional thoroughfares, along with gorgeous local hiking trails !!! This charming 3 bedroom / 1 full bath bungalow is loaded with character - vaulted living room ceiling, exposed brick, petite wood stove, wood paneling, claw foot tub, built ins - along with a peaceful stream in your back yard that can be seen and heard through several windows. Enter the home from the covered front porch, through the original antique wood and glass door, into the cozy living room with three windows (one with stream view) and lots of well-lit wall spaces for your favorite artwork. To the right of the living room, find two main level bedrooms, along with the full bath with claw foot tub, or proceed through the living room to the sunny dining area with stream view, which would also make a lovely home office. A few stairs lead down to the galley kitchen, with plenty of shelf storage and counter space with awesome stream view, along with a separate egress to a small deck right next to the stream, with a beautiful wooded view beyond - you'll undoubtedly spend many hours enjoying this sweet spot! The large upper level primary bedroom is also a highly flexible space that could be well used as a home office, studio, crafting or play room. With annual taxes under $2,000, this property presents a truly compelling alternative to renting. This stellar location would also be well suited as an AirBnB, and as an investment property. Come see all the possibilities this charming property has to offer!