Welcome home to 2606 Water Race Terrace, a meticulously maintained, move-in-ready 5 bedroom, 2.5 bath home in the highly desirable Watermill community! Exceptional curb appeal welcomes you with freshly mulched landscaping, mature trees, low-maintenance vinyl siding and windows, and a freshly power-washed exterior. Inside, the main level showcases 9-foot ceilings, newer engineered hardwood flooring, formal living and dining rooms, and a bright, inviting family room featuring recessed lighting and a cozy gas fireplace. A beautifully updated powder room offers new flooring and a new toilet. The spacious eat-in kitchen is designed for both everyday living and entertaining, featuring a center island, walk-in pantry, built-in desk, generous dining area, and NEW sliding glass doors leading to a newer low-maintenance Trex deck. Step outside to the expansive, fully fenced backyard complete with irrigation & a peaceful wooded backdrop, creating exceptional privacy & the perfect space to relax. Upstairs, you'll find five generously sized bedrooms, including a versatile fifth bedroom that could also serve as a recreation/media room, or home office. The spacious primary suite features carpet and a lighted ceiling fan, while the fully renovated ensuite bath boasts luxury vinyl plank flooring, a dual-sink granite vanity, updated lighting and mirrors, an oversized tiled shower with dual shower heads and a transom window, plus an oversized walk-in closet. Additional highlights include a newer HVAC system (2023), NEW water heater (2026), NEWER 30 year roof (2020), a tiled mudroom/laundry room, & a spacious 2-car garage w/ extra storage. Residents of Watermill enjoy top-rated Midlothian schools along w/ outstanding community amenities, including a clubhouse available for private events, swimming pool, kiddie pool, tennis courts, playground, & sidewalks throughout the neighborhood. Conveniently located just minutes from Route 288, Powhite Parkway, shopping, dining, & everyday conveniences, this exceptional home truly has it all!