Seller concession for a rate buy down being offered to buyer! Welcome to 7957 Blue Lake Drive, a spacious 4-bedroom, 3-bath home in the desirable San Carlos community offering a flexible floor plan, inviting indoor-outdoor living, and a beautifully established backyard just minutes from Lake Murray. The light-filled main living area features a classic brick fireplace with wood-burning stove, crown molding, recessed lighting, and French doors that open directly to an expansive covered patio, creating a seamless extension of the living space for year-round dining and entertaining. The private backyard offers a generous lawn, mature landscaping, multiple seating areas, and a dedicated spa area surrounded by greenery. Inside, the kitchen provides abundant cabinetry and counter space and connects conveniently to the dining and living areas. One of the downstairs bedrooms is currently configured as an additional family/media room with extensive built-in cabinetry, offering versatility as a guest room, home office, playroom, or bedroom. Upstairs, the oversized primary bedroom provides plenty of room to create a comfortable retreat, while additional bedrooms and a flexible loft/office area offer even more usable space. Plantation shutters, ceiling fans, recessed lighting, thoughtful built-ins, and generous attic storage add function throughout the home. Ideally located near Lake Murray, Cowles Mountain, Mission Trails Regional Park, neighborhood shopping and dining, and convenient freeway access, this classic San Carlos home offers exceptional space, flexibility, and a backyard designed to enjoy the San Diego lifestyle.