Rare opportunity to own 47 flat acres just minutes from I-5 with Mt. Hood views, privacy, and exceptional flexibility. Character-filled farmhouse with original details and modern kitchen updates, plus multiple independent living spaces ideal for multi-generational living or rental income. Includes shop, barn, gated pasture, and prior agricultural leasing. EFU deferral, non-irrigated but tiled - perfect for equestrian use, hobby farming, or a value-add rural estate. Rare opportunity to own 47 acres of flat farmland just minutes from I-5, offering Mt. Hood views, privacy, and exceptional flexibility for rural living or income potential. A long driveway bordered by hay fields sets a peaceful tone and leads to a character-filled farmhouse with original details such as stained glass and custom millwork, blended with updates for modern convenience including a kitchen with quartz counters, large island with gas range, and stainless steel appliances. The main living and dining areas open to an expansive deck, and a main-level room offers flexibility as a bedroom or office. Upstairs features three bedrooms and three full bathrooms, an uncommon layout for a home of this era.The property includes multiple independent living spaces, ideal for multi-generational living or rental income. Above the main garage is a semi-finished studio apartment with kitchen, bathroom, private entrance, and potential dedicated garage space. The shop building features a small studio with bathroom at the front, plus a separate two-story apartment built in 1996 at the rear with two bedrooms, two bathrooms, full kitchen, and a large covered patio overlooking Mt. Hood and surrounding farmland.Outdoor amenities include a large shop with hay loft, a separate barn with stalls and a two-story tack room, and gated pasture, making this property well suited for equestrian use, cattle, or hobby farming. Approximately 35 acres have previously been leased, most recently for blackberries; the lease has been completed and new leasing interest provides flexibility for future owners. Currently under EFU deferral. Non-irrigated but tiled.A unique opportunity to restore, update, and reimagine a versatile rural estate with space, infrastructure, and location that are increasingly hard to find.