Nestled in Lake Oswego's esteemed Forest Highlands neighborhood, this property offers a unique opportunity. The true gem lies in its expansive land, ripe for your vision. Enjoy easy access to Lake Oswego's amenities, from the farmers market to championship golf. New Seasons, Woodmont Natural Park, and top-rated Lake Oswego schools are minutes away. Surrounded by timeless homes, this parcel boasts a classic cottage-style residence built in 1946, featuring a main floor layout with a partially finished basement. The cozy primary ensuite, two additional bedrooms, and a full bath radiates charm. The lower level, with a wood-burning fireplace and half bath, awaits your personal touch. Additional features include a one-car garage with a workshop, ample storage, a covered patio, an expansive deck area, and complete fencing for privacy. Whether you reimagine the existing home or build anew, this property, sold as is, offers a rare opportunity to create your dream in Lake Oswego's Forest Highlands.