Exceptional opportunity to own a solidly built Cape Cod-style home perched on Mt. Scott in Happy Valley, offering the perfect blend of timeless charm, meaningful upgrades, and long-term flexibility. This is the kind of property buyers wait for -meticulously maintained, thoughtfully improved, and positioned to support multi-use living. From the owner's suite, enjoy beautiful views of Mount Hood, while the expansive lot provides space for gardening, gatherings, pets, and outdoor living. The professional landscaping creates a true “arrive home and exhale” experience-while still keeping you close to shopping, dining, parks, and commuter routes. Flexible Living + Income Potential: The home includes a fully permitted converted basement living space (completed in 2016) with a private exterior entrance, finished living and kitchen area (no stove), plus a bedroom and bathroom-making it ideal for multigenerational living, guests, work-from-home separation, or potential rental opportunities. The lower level is heated independently with electric wall heaters and a gas insert. There's also an extra parking pad and additional driveway access, offering rare convenience for RV parking and added functionality-plus the potential for future ADU options (buyer to do due diligence).Seller improvements and upgrades include updated windows/doors, 2 gas fireplaces, finished basement w/ added bathroom, bedroom w/ walk-in closet and kitchen space. In main living area kitchen was remodeled with extended hardwood floors, new appliances (two ovens), and quartz counters. Upstairs a dedicated laundry room was added and bathroom remodeled with TV Frame, quartz counters and custom vanity. Significant electrical updates as well as EV charging installed in garage. Heat/Cooling Split upstairs. New water heater in 2025. Detailed Amenities/Upgrades List available upon request. This is a rare find. If you want a home that offers both lifestyle and long-term upside-this one is the move!