Mid-Century Gem with Basement Apartment on a fabulous 0.74 Acre Lot! This mid-century home, surrounded by evergreens on a generous lot, features strategic updates with enormous potential for future development. A wood-burning fireplace welcomes you, with a comfortable living area, dining nook overlooking the forest-like backyard, and a recently renovated kitchen including travertine-style flooring, granite countertops, and stainless appliances. The main level includes a primary bedroom with dual closets for easy organization. Three additional bedrooms provide room for family, guests, or office space. A 2021-completed basement apartment has two bedrooms, bonus room, kitchen and bathroom, plus a shared utility space—perfect for multi-generational living. Sound dampening insulation makes it ready for potential duplex or back yard ADU or shop. Other recent improvements include: newer roof, hardy plank siding, furnace, cadet heaters, earthquake retrofit, newer sewer line, and pipes for utility connection extended to yard for potential ADU. Zoning may also allow for cottage clusters—buyers to do their own due-diligence.The property’s grounds feature raised garden beds and mature trees creating an outdoor refuge with plenty of room for entertaining. This home sits in a tranquil, friendly neighborhood just 5 minutes from Powell Butte's hiking trails, I-205, and Clackamas Town Center, and 20 minutes to downtown Portland—blending peaceful living with everyday necessities and urban adventure. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236700]