Rare opportunity to own a substantial, character-rich Craftsman offering space, flexibility, and long-term potential in one of North Portland’s most desirable neighborhoods. Ideally positioned on a corner lot in Arbor Lodge, this home offers established landscaping, standout curb appeal, and an impressive fenced yard providing privacy and versatility.Timeless architectural details are beautifully preserved throughout, including original woodwork, vintage doors and hardware, pocket doors, picture windows, leaded glass accents, and custom built-ins. Generous ceiling heights—9’ on the main level and 8’ upstairs—enhance natural light and create an open feel. Formal living and dining rooms offer gracious spaces for entertaining.The spacious kitchen includes a dining nook and thoughtful updates, blending classic charm with everyday function. With three original bedrooms plus two newly permitted bedrooms, the home offers five total bedrooms and two full bathrooms, providing exceptional flexibility.The lower level features a separate-entry efficiency suite complete with kitchenette, full bath, two bedrooms, open living/family room space, and its own dedicated laundry area—separate from the main home’s laundry. Ideal for multi-generational living, guests, caregiver quarters, workspace, or potential income opportunity. Two laundry areas add convenience.Modern improvements include central A/C and a tankless water heater for year-round comfort and efficiency. 96% efficient Furnace installed in 2023. Outdoor amenities include a covered porch, expansive fenced yard space for gardening or recreation, RV or boat parking, a detached garage, and a tool shed.In close proximity to University of Portland, Gammans Park, Arbor Lodge Park, and Overlook amenities, this is a rare opportunity to own a spacious Craftsman in a prime North Portland location. Open Sunday 12-2 Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10008449