Welcome to this one-level FIXER with INCREDIBLE potential on an oversized 12,711 sq ft corner lot just a few blocks from the brand-new River Grove Elementary School, close to Boones Ferry Road with its many popular restaurants, shops and conveniences. Located on a lovely, quiet street, this home offers land, location, privacy, and opportunity! In the front yard is a rose garden and a few beautiful large fir trees in ideal positions that do not interfere with expansion options. The 3-bedroom, 2 full bath layout features 1,214 sq ft of well-designed living space with a great flow, gleaming red oak wood flooring, a large gas fireplace insert, Granite counters, Maple cabinets, SS appliances and newer Andersen windows. The home has gas forced-air heat, a 50g gas water heater and a metal roof. Washer, dryer & refrigerator are included. French doors lead to the very private, fully fenced, large, back and side yard. creating an easy indoor-outdoor connection. Hot tub, ½ basketball court (versatile concrete space - future shop, sport court, RV pad, fireplace or more). The large brick patio is very nice with built-in brick benches and firepit-style built-in barbecue. Storage sheds provide helpful extra storage. This is the kind of Lake Oswego property people wait for, big lot, quiet surroundings, walkability, and the freedom to create something truly special.