Situated on a peaceful, tree-lined street in the heart of First Addition, this property is more than just a home—it’s a rare opportunity to craft your dream lifestyle in one of Lake Oswego's most sought-after neighborhoods. With an oversized lot that's 20% larger than the neighborhood standard, the possibilities are endless. Whether you envision expanding the current mid-century home, building from the ground up, or creating an outdoor oasis, this property offers the kind of flexibility that's increasingly hard to find. The purchase includes a stunning set of architectural plans designed by the Rick White of the White House Collection, perfectly tailored to take full advantage of the lot’s unique potential. This isn't just a home—it’s a canvas for your imagination. The current house, a charming two-bedroom, two-bath layout, includes a spacious primary suite with a walk-in closet and ensuite bath. Comfortable living areas are ready for enjoyment or can easily be reimagined into a three-bedroom layout. And the location? Unbeatable. Just a short walk to the vibrant Lake Oswego village, you’ll enjoy boutique shopping, acclaimed restaurants, and community favorites like the farmers' market and library. Top-ranked Forest Hills Elementary and Tryon Creek State Park are just around the corner, making this an ideal choice for families. Complete with a recent lot survey and existing conditions map, this property is ready to help you bring your vision to life. Whether your dream is a custom build or enhancing the charm of what’s already here, this is the opportunity you’ve been waiting for.