This is IT! Inviting corner lot in Lake Oswego's First Addition-cedar and stone Craftsman blending timeless curb appeal with beautiful living spaces. Just a short stroll to Tryon Creek trails, boutique shops, restaurants, and top ranked Forest Hills Elementary School. Tree-lined streets and a lively neighborhood make it easy to enjoy the charm and lifestyle the community is known for. Inside, the living room impresses with beamed ceilings, wide-plank hardwoods, and a grand stone fireplace. A sunny nook and striking half bath add character, while the dining room opens through French doors to a composite deck for indoor-outdoor living. The chef's kitchen features Sub-Zero and Thermador appliances, quartz counters, two-tone cabinetry, and thoughtful storage. The upstairs primary bedroom/ensuite is an absolute retreat- filled with natural light and highlighted by a spa-inspired bath, large walk-in closet and backyard views. An additional bedroom plus a well sized 5th bedroom/office, a large hall bath, and one of two laundry rooms round out the upper level. A desirable main-level bedroom suite offers flexibility for guests or work. The lower level has endless possibilities with its own kitchenette, large bedroom, full bath, fireplace, laundry room and great bonus room with exterior ADA access-perfect for guests, multigenerational living, or potential for additional income. Complete remodel down to the studs in 2021 w/ beautiful luxury finishes. Low-maintenance yard, metal & composition roof, and an oversized garage with EV charging complete this gem in the heart of one of Lake Oswego's most loved neighborhoods. Amazing location and now at one of the lowest price per sq ft you can get in First Addition!