Run Windows VM isolated from Mac as a separate networked computer

I have a Windows 11 laptop. I can connect to that laptop from my M2 Mac running Sonoma over my LAN using a network cable or the WiFi.
I thought that I would be able to use Parallels 20 to create a Windows 11 VM, isolate Windows from Mac, and then connect to the Windows VM as if it was a separate computer with a network connection. I don't need coherence. I just want to essentially have two separate networked computers without having to lug two computers around with me.

Is this possible? I have checked the knowledge base and the suggestion seems to be look for the Windows VM in the Finder-->Network orFinder-->Go--> Go to Server option. However, my VM does not show up in either of these (Yes it is running).

Any help would be greatly appreciated.
Thanks