Must see Lake Grove retreat on nearly a half acre. Tucked away in a private, fully fenced, park-like setting in the heart of Lake Oswego, this stunning home is a rare find. Featuring soaring ceilings, $250K+ in recent upgrades (see list), and a highly versatile layout—including a separate-entrance guest suite/ADU—this property checks every box. The main home offers 3 bedrooms and 2 full baths, with gleaming hardwood floors and a spacious primary suite highlighted by dramatic vaulted, beamed ceilings and a large walk-in closet. The attached 1-bedroom guest suite includes a full bath, kitchenette, laundry, and great room—ideal for income-producing Airbnb, or dedicated home office. Enjoy seamless indoor-outdoor living with an exterior speaker system, covered dining patio, Hot Tub of Oregon spa, and serene pond with water feature—all framed by mature trees, firepit, and magical evening lighting. Additional highlights include: 3 car garage, new roof (with warranty), recent exterior paint, interior/exterior sound system (included with living room television. Enjoy access to three exclusive lake/boat easements, including the newly renovated Goodin easement. If you're looking for a private sanctuary, an entertainer’s dream, or flexible living potential, this one offers it all. Seller was making 25k to 40k+ yearly Airbnb income.