Welcome to 5 Penn Lane, a spacious 4-bedroom, 2.5-bath Colonial nestled in the highly desirable Oak Hill section of Middletown, known for its beautiful neighborhoods and excellent school system. Offering a wonderful combination of space, character, and versatility, this home presents a fantastic opportunity in one of Middletown's most sought-after locations. The main level features hardwood flooring, a formal dining room, and a generously sized living room accented by a charming fireplace. The eat-in kitchen offers granite counters, ample counter space, a center island, and stainless steel appliances. Just beyond, a sun-filled enclosed sunroom showcases an expansive wall of windows overlooking the backyard and heated in-ground swimming pool, creating an inviting space to relax and enjoy the surrounding views. Upstairs, you'll find four comfortably sized bedrooms, including a spacious primary suite featuring a private bathroom with a large custom walk-in shower, glass enclosure, and double-sink vanity. An additional full hallway bathroom serves the remaining bedrooms. The finished basement provides even more living space, ideal for a recreation room, home theater, fitness area, or additional entertaining space. Additional highlights include a convenient main-level powder room, dedicated laundry area, generator, and a backyard featuring a heated in-ground swimming pool, perfect for summer gatherings and outdoor enjoyment. With its generous floor plan, desirable location, and endless potential to personalize, this home offers an exceptional opportunity to make it your own. Conveniently located near shopping, dining, parks, major commuting routes, and the Jersey Shore.