Divide and build second house!! Welcome to this beautiful 3.09-acre home with stunning views of Mt Hood & the Clackamas River! This charming one-level home in Oregon City that offers the RARE ability to divide off part of lot to build second home & access to 200 feet of private riverfront w/no HOA! As you step inside, you'll be greeted by a spacious living room featuring a vaulted ceiling that enhances the open concept feel you desire. The oak hardwood floors flow seamlessly throughout the home. A woodstove with a floor to ceiling rock fireplace adds a cozy touch, while the dining room also boasts high ceilings & creates an inviting space for family gatherings. The kitchen is a chef's dream w/granite countertops, oversized peninsula, & solid dove-tailed oak cabinets w/soft-close features. A convenient pantry & second dining area provide additional space for entertaining. The primary suite offers a peaceful retreat, complete w/hardwood floors, patio access, & a luxurious bathroom featuring a dual vanity, soaking tub, shower, & a walk-in closet. Two additional bedrooms w/hardwood floors & ample closet space are perfect for family or guests, while the fourth bedroom functions as a second primary suite w/its own full bathroom. Notable updates include 2020: New roof, new well pump, new septic pumps, new oak hardwood floors, new interior doors/trim & covered back deck. 22’ new exterior paint & 23’ new interior paint. For those needing extra space, the 3 car oversized garage or the 24x36 shop with concrete floors, power, & a woodstove provides a fantastic space for projects. Additionally, there's a 12x14 carport with power. A beautiful stone walkway surrounds the home, adding to the property's charm. The ability for expansion is exceptional, w/the ability to divide the land & build a second home. This turn-key property offers a rare combination of tranquility, functionality, & incredible views of Mt Hood! Rare find!