Luxurious penthouse living offering the spaciousness of a rancher without all the maintenance & an unbeatable location on a quiet no-thru-road in the heart of Qualicum Beach. Treat yourself to this captivating, one-of-a-kind Penthouse Condo in "Fifth Avenue Estates" boasting lovely touches of elegance, a superb flexible floor plan, very spacious rooms, lots of fabulous outdoor living space, multiple skylights, & picture windows framing peaceful views over Qualicum Beach to the ocean. A foyer with tile flooring & a skylight welcomes you into a huge Living Room with a floor-to-ceiling nat gas fireplace offering beautiful warmth & an inviting glow on those cooler island evenings, as well a door to a huge 488 sqft wrap-around balcony with delightful views stretching over Qualicum Beach with glimpses of the ocean & distant mainland mountains. The balcony can also be accessed from the generously-sized Dining Room, which is open to a spacious & bright eat-in Kitchen boasting a generous amount of crisp white cabinetry & counter space, soft inset lighting, a breakfast bar & a large skylight with two additional skylights crowning the large Nook. Off the nook you'll find a Den/Office with a sliding glass door to the balcony, as well as french double doors opening to a lovely Family Room with balcony access, a 2nd nat gas fireplace & a 2 pc Powder Room...fabulous flex space that could serve as a TV/Media Room, space for your arts, crafts & hobbies, or even an extra bedroom if desired. Off the foyer you'll find a hallway hosting a sizable Master Suite with a 4 pc ensuite, a walk-in closet & the same lovely views that you'll find in the 2nd Bedroom. Completing the layout: a Laundry/Utility Room with cupboards and room for a freezer, as well as a 3 pc Main Bath with a shower. Extra features include replaced carpeting, 2 underground parking spots, a security entrance, a handy storage locker & more. Only blocks to downtown Qualicum! Visit our website for more information.