This 3,424 sq. ft. tri-level home sits on a sprawling .63-acre lot that will have you feeling you live in your own private nature park. Surrounded by higher-value homes, this home offers privacy, an unbeatable location, lake easements and even the potential to divide the lot. Step inside and live large in this 5-bedroom, 4-bathroom home. The main level welcomes you with a grand living room that flows into the open-concept kitchen and dining area, which features exposed beam work, large windows, and a skylight for natural light. The kitchen offers abundant cabinetry, a large island and built-in appliances. Upstairs, find 3 guest bedrooms, 2 hall bathrooms, and a spacious primary suite overlooking the backyard. The primary retreat features a soaking tub, walk-in shower with dual showerheads, and a custom walk-in closet. A bonus 9x8 room off the suite is perfect as a nursery, office, or yoga studio. The lower level offers a large bonus room featuring a gas fireplace, extensive built-ins, and backyard access. A guest bedroom, full bathroom and a utility room with updated mechanicals complete the space. The backyard features a sports court, a custom-built pergola, and a dedicated gas hookup for outdoor BBQing. A peaceful grove of trees provides shade while allowing plenty of light, and RV/Boat parking adds additional convenience. This home includes access to four private lake easements offering waterfront relaxation just minutes away. Enjoy top-rated Lake Oswego schools, easy access to downtown LO, Tryon Creek State Park, and fantastic shopping and dining options. Unlock its full potential and make it your own!