Historic Craftsman | Oregon City's Original Neighborhood | $499,999Perched on the hillside in Oregon City's oldest and most storied neighborhood, this charming 1906 Craftsman has been thoughtfully updated while preserving its original character — stained glass window trim, clerestory windows, cedar ceilings and more throughout.The home can offer flexible dual-level living: the first level features a spacious primary suite with private balcony, custom closets, and a spa-style bath with jetted tub and dual showerheads. This level has functioned successfully as a private rental (previously leased to traveling nurses) thanks to full sound separation between floors — ideal for multigenerational living or rental income.The main level offers an open living/dining/kitchen layout, two additional bedrooms, a second full bath with a jetted tub with dual showerheads, and a large laundry room. A cedar-lined closet and a private backyard walkout from the rear bedroom add further character.Outside, enjoy a private backyard and deck bordered by mature bamboo and towering evergreens, plus a full-length west-facing balcony with sweeping views of the West Hills and even downtown Portland — this unique property offers total privacy inside, a rare find in urban living, with sweeping views outsideA notable financial advantage: the home's historic designation significantly reduces property taxes, saving owners tens of thousands over time.Located in a walkable, amenity-rich area of Oregon City — restaurants, breweries, food carts, top-rated library, and excellent schools — with a rapidly improving waterfront corridor as former mill sites are redeveloped into public green space, a project expected to boost long-term property values.A rare opportunity to own a piece of Oregon City history.