Welcome to your dream home in the heart of Lake Oswego! Nestled among the trees on a private .48 acre lot with breathtaking mountain views and plenty of space to play, garden, build a pool or sport court, this home lives like your own private retreat in a well-established neighborhood. Located just minutes from wonderful city parks, Hallinan Elementary School, the new Lake Oswego aquatic center and golf course, great shopping, restaurants and events in downtown Lake Oswego, you may never want to leave! The main floor features an open floor plan with a remodeled kitchen, living room and dining area that all share the spectacular views that make this home so magical. And the dining room opens out to a mahogany deck that's a perfect spot to watch the sunrise with your morning coffee, or enjoy a glass of pinot noir at sunset. Upstairs, the Primary Suite and oversized bedrooms are very cozy, and the heated tile floor in the bathroom will keep your feet toasty year-round! The lower level living area with a separate entrance can serve as a 4th bedroom, guest suite, multi-generational living or income-producing rental. There's covered parking in the garage and lower level carport for up to 4 cars, and a fenced dog run on the side of the house. Water and power is available for a hot tub on the lower patio and in the garage for EV charger. There's also plenty of space to store kayaks, SUPS and other toys, plus a large-scale rotisserie BBQ/fire pit that's great for outdoor parties! First time on the market in more than 20 years, don't miss this opportunity to own a classic home in one of Lake Oswego's best locations! PLEASE ALSO SEE WALK-THROUGH VIDEO