A water dispensing system for a refrigeration appliance includes a three-way connector operably coupled to an inlet water source and configured to direct incoming water from the inlet water source into an ambient water holding portion and a cold water tank. A water dispenser is coupled with said refrigeration appliance. A three-way control valve is configured to provide water to the water dispenser from at least one of the ambient water holding portion and the cold water tank. A valve actuator is slidable between first, second, and third positions. The three-way control valve is configured to provide water from the ambient water holding portion when the valve actuator is in the first position, from the cold water tank when the valve actuator is in the second position, and from both the ambient water holding portion and the cold water tank when the valve actuator is in the third position.