Daylight ranch ideally situated on the cusp of Lake Oswego's coveted First Addition and Forest Hills neighborhoods. This beautifully updated traditional home rests on a rare, large, level 9,000 sq. ft. corner lot, offering space and privacy just steps from downtown. The main level features a spacious primary bedroom w/double closets and a second bedroom, while the lower level includes two additional bedrooms, providing excellent flexibility for guests, office, or multigenerational living. Highlights include a custom-remodeled kitchen, updated finishes throughout, and an oversized utility room w/sink and built-ins. There is exciting potential to convert the existing garage off the kitchen into a generous great room or family room, with the option to build a new garage in the backyard utilizing alley access. Ideally located just blocks from Forest Hills Elementary and not far from shopping, dining, parks, and all that downtown Lake Oswego has to offer.