Tucked away on a peaceful, forested 14,000 SF lot in Lake Oswego's highly desirable Palisades neighborhood, this timeless 1960 daylight ranch offers the perfect blend of character, flexibility, and the coveted Lake Oswego lifestyle. Enjoy exclusive boat and swim access through the Palisades Park Community Club just 3 minutes away, while downtown Lake Oswego's restaurants, shops, parks, and waterfront are only a 5-minute drive from home.Step inside to a warm and inviting living room where a large bay window fills the space with natural light, highlighting the cozy gas fireplace and beautiful custom wood built-ins. French doors lead into the recently refreshed kitchen and dining area, creating an open, bright space perfect for everyday living and entertaining. Walls of windows frame the peaceful wooded surroundings, bringing the beauty of the outdoors inside. Just off the kitchen and dining room, the expansive deck provides the perfect setting for morning coffee, summer barbecues, or relaxing among the trees. The main level offers three spacious bedrooms, including a private primary suite with an attached bath, plus two additional bedrooms and a full hall bathroom. The expansive daylight lower level offers endless possibilities. Whether you're looking for a family room, media room, game room, home office, or multigenerational living, this space can easily adapt to your needs. Freshly painted throughout, the lower level also includes a fourth bedroom, full bathroom, laundry room, dedicated storage room, and a wet bar with a 240V hookup already in place for future kitchen potential. Storage is abundant with two dedicated storage rooms and an oversized attached two-car garage.Outside, the private backyard is surrounded by mature trees, creating a peaceful retreat with a spacious deck, lower patio, firepit, and low-maintenance landscaping. A rare opportunity to own a truly special home in one of Lake Oswego's most sought-after neighborhoods. Open Saturday 12-2pm.