A rare gem in the heart of Lake Oswego's highly sought after First Addition neighborhood, this beautifully updated townhome offers what just few can - no HOA dues, a spacious private yard, and an ideal location just blocks from the heart of vibrant cafes, shops and restaurants. Set on a sun-filled, south-facing lot, this home lives more like a single-family. The center of the home lies the kitchen featuring honed granite counters, an eat-in bar island, new appliances, and Restoration Hardware lighting. The floor plan flows seamlessly with welcoming high ceilings, open kitchen/living room anchored by a cozy gas fireplace and charming built-ins, hard wood floors and designer finishes throughout. Indoor-outdoor living awaits with French doors opening to a spacious deck with bar seating, entertaining patio, expansive lawns, and a versatile Tough Shed. The formal dining space adds elegance and flexibility for entertaining. Upstairs, dual bedroom suites create a perfect balance of comfort and privacy. The primary bedroom suite showcases a remodeled bathroom complete with a soaking tub and walk-in closet. Everyday living is made effortless with a dedicated laundry room and a one-car attached garage with attic storage. With a WalkScore of 87 just blocks to Lake Oswego shops, cafes, restaurants, and placement in Oregon's top-ranked school district, this home is more than a residence - it's a lifestyle.