Exceptional opportunity to own a solidly built Cape Cod-style home perched on Mt. Scott in Happy Valley, offering the perfect blend of timeless charm, meaningful upgrades, and long-term flexibility. This is the kind of property buyers wait for —meticulously maintained, thoughtfully improved, and positioned to support multi-use living. From the owner’s suite, enjoy beautiful views of Mount Hood, while the expansive lot provides space for gardening, gatherings, pets, and outdoor living. The professional landscaping creates a true “arrive home and exhale” experience—while still keeping you close to shopping, dining, parks, and commuter routes. Flexible Living + Income Potential: The home includes a fully permitted converted basement living space (completed in 2016) with a private exterior entrance, finished living and kitchen area (no stove), plus a bedroom and bathroom—making it ideal for multigenerational living, guests, work-from-home separation, or potential rental opportunities. The lower level is heated independently with electric wall heaters and a gas insert. There’s also an extra parking pad and additional driveway access, offering rare convenience for RV parking and added functionality—plus the potential for future ADU options (buyer to do due diligence).Seller improvements and upgrades include updated windows/doors, 2 gas fireplaces, finished basement w/ added bathroom, bedroom w/ walk-in closet and kitchen space. In main living area kitchen was remodeled with extended hardwood floors, new appliances (two ovens), and quartz counters. Upstairs a dedicated laundry room was added and bathroom remodeled with TV Frame, quartz counters and custom vanity. Significant electrical updates as well as EV charging installed in garage. Heat/Cooling Split upstairs. New water heater in 2025. Detailed Amenities/Upgrades List available upon request. This is a rare find. If you want a home that offers both lifestyle and long-term upside-this one is the move!