Character, charm, and versatility come together in this beautifully maintained 4-bedroom, 2-bath home nestled on a spacious lot just shy of a quarter acre. Backing to a peaceful wooded area, you'll enjoy the sights and sounds of nature from multiple outdoor living spaces, including the back deck, upper balcony, and private deck off the primary bedroom.Originally built in the 1960s and lovingly cared for over the years, this home offers a unique layout designed to fit a variety of lifestyles. The upper level functions as a complete ADU featuring its own kitchen, dining area, living room, and two bedrooms. Whether you're looking for multi-generational living, guest quarters, potential rental income, or simply additional living space, the possibilities are endless. The layout also offers the potential to create a separate entrance and dedicated laundry/storage area for added privacy, while still allowing the home to function as one cohesive living space if desired.Numerous updates provide both comfort and peace of mind, including a new roof installed in May 2026, new hot water heater, updated electrical panels, fresh exterior paint, new hardwood floors, and new countertops and flooring in the upper-level living area.Located in an exceptional area, you'll love the convenience of being just moments from Mary S. Young Park, offering miles of hiking and biking trails, bird watching opportunities, river access, and a popular off-leash dog area. Enjoy easy access to Lake Oswego, West Linn, and Portland; as well as, shopping, dining, and everyday amenities.This is a rare opportunity to own a home that offers modern updates, timeless character, incredible flexibility, and a truly special setting.