Beautifully restored 1930s Cape Cod blending timeless classic charm with modern luxury in the heart of Lake Oswego's First Addition neighborhood. This home has been meticulously updated in a stunning neutral color palette while preserving its original architectural integrity. New windows flood the home with natural light, highlighting engineered hardwoods and a seamless flow perfect for everyday living and entertaining. The designer kitchen is a true centerpiece, showcasing quartzite countertops, custom cabinetry, handcrafted tile and premium built-in appliances. The bright family room centers around a gas fireplace with a marble tile surround. The main-level primary suite features Phillip Jeffries grass cloth wallpaper and a spacious walk-in closet. A beautiful primary bathroom features a striking nine-foot quartzite and white oak vanity, private toilet room and luxurious walk-in shower with dual shower heads. Upstairs includes three bedrooms with new carpet and windows and a light filled flex space. Spacious full bathroom with dual sinks, tub/shower, and private toilet room. The lower level features a generous family room, storage space, additional bedroom, and full bathroom—ideal for guests, multi-generational living, or flexible use. Outside, fully reimagined landscaping sets this property apart, featuring lush new sod, sprinkler system and fully fenced backyard—perfect for relaxing or entertaining. The detached two-car garage is wired for electric vehicle charging, adding modern convenience to this classic home. A rare blend of character, quality, and modern comfort in a prime location.