Opportunity knocks with this 2-bedroom, 1-bath home on a spacious 1/3 acre treed lot, complete with a 2-year comprehensive home warranty for added peace of mind. This home offers a cozy, well-cared-for interior with a functional layout and an enclosed area for laundry and extra storage. The true standout here is the land. Enjoy the expansive lot as your own private retreat with room for a pool, garden, trampoline, backyard camping, or even a small hobby farm. For those looking to maximize value, the seller called the city to confirm the lot offers potential to divide and create a flag lot - ideal for selling off a portion or building a second residence (Buyer to confirm). Additional features include a large 18x24 shop/outbuilding (equipped with a Ham radio antenna!) and a separate storage shed - both give you ample space for projects, storage, a 2nd garage or workspace. Repurpose the vintage trailer for additional storage or a chicken coop! Located just over a mile from Powell Butte Nature Park, you'll have easy access to miles of scenic trails and outdoor recreation. Whether you're looking for an investment opportunity or land to create your vision, this property is full of potential. This home has a 5.5% FHA assumable mortgage! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10246331]