In a medium mixing bowl, beat the room-temperature cream cheese until its texture becomes smooth and airy.
Gradually add the powdered sugar, blending thoroughly to ensure a uniform consistency.
Incorporate the vanilla extract into the mixture, stirring until well integrated.
Add the lemon juice as the final ingredient, mixing until fully combined and the dip is silky.
Serve the dip immediately, or store it in the refrigerator until it is time to enjoy.