July 02, 2010 03:00 PM

Justin Stephens

As first-time parents, Kendra Wilkinson and her husband Hank Baskett have front row seats to the greatest gift of all: watching their son Hank Randall IV grow up.

“It’s amazing … because we created life and now we get to see all the stages of life,” the Kendra star, 25, raves to PEOPLE.

“It’s the most amazing, magical thing you could ever go through … seeing life start and then seeing every stage.”

And although that little life is only 6½-months-old, baby Hank is already creating quite the commotion — and keeping the new mother constantly on her toes — in the Wilkinson-Baskett household!

“He has so much energy, he is ready to get up and go,” Wilkinson shares. “Man, I know I have a lot of work ahead of me because he is one energized kid, let me tell you that!”

That said, Wilkinson is embracing life with her baby boy as she continues to celebrate her “Christmas gift times a million.”

“When I wake up I just have to run to wherever he is and just hug him and kiss him and squeeze him because it’s a dream come true to me that … I have a son now,” she says. “It’s the most amazing feeling in the world.”

— Anya Leon with reporting by Charlotte Triggs

Justin Stephens

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