Discover exceptional versatility in this well maintained and updated, unique SE Portland property featuring a spacious 2,698 sq ft home with 4 beds, 3 baths, a fully operational elevator, koi pond, and two separate gated entrances with extensive secured parking and mature landscaping + an additional 3721 sq ft. detached shop, garage, and studio space. Inside the main house, the great room offers a gas fireplace, skylights, and soaring vaulted ceilings, flowing seamlessly into the open kitchen. Three main-level bedrooms-including one with an ensuite bath and two with exterior access-provide flexible living options. Upstairs, an open loft creates space for an office nook, while a large bedroom includes a walk-in closet, full bath with walk-in tub, and two generous storage areas.Accessibility features include the elevator, main-level utility room, and walk-in tub. Recent updates include brand new HVAC, fresh interior paint, new carpet/flooring, and a gas range. Out back, Trex decking leads to a private oasis with a refreshed koi pond, multiple water features, and a sprinkler-maintained fenced landscape. The expansive driveway offers abundant additional parking or RV space.Adjacent to the home is a detached two-car garage/carport with extra storage and a bonus studio/flex space complete with its own kitchen (new appliances), mini split heating/cooling, full bath, laundry/storage, and dedicated yard area.Attached to the studio, a second set of garage doors provides entry to the massive shop with serious workspace featuring 3-phase power, heater, separate electric meter (shared with flex space), office with kitchenette and half bath, additional shop bathroom, loft with roof-door loading access, and secured exterior storage.Perfect for multi-generational living, caregiving, work-from-home, hobby use, or investment potential, this rare combination of residence, workshop, and bonus space offers endless possibilities. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239664]