Timeless 1924 Craftsman in Portland's beloved Ladd's Addition. Perfectly balancing historic character with thoughtful updates, this beautifully maintained 4-bedroom + bonus/2.5-bath home offers the kind of warmth, craftsmanship, and flexibility that's increasingly hard to find. A lush front garden welcomes you to the classic covered porch for morning coffee or evenings spent taking in one of Portland's most iconic neighborhoods from the porch swing. Inside, sunlight pours through oversized picture windows, illuminating rich hardwood floors, original molding, custom built-ins, and a handsome wood-burning fireplace. A gracious entry with a charming window seat lead to elegant French doors opening to a formal dining room with custom woodwork, built ins and statement lighting.The updated kitchen features an eat bar, custom tile and direct access to the lovely backyard. On the main level you'll also find a wonderfully flexible family room, den, or home office, along with a bedroom, full bath, and powder room—ideal for guests, multigenerational living, or working from home. Upstairs, three inviting bedrooms with cozy nooks, generous double closets, and enchanting neighborhood views overlook the South Rose gardens.The fully finished lower level dramatically expands the home's possibilities. With high ceilings, a gas fireplace, full bath, separate entrance, abundant natural light, and ample storage, it's perfectly suited for recreation, media, guest quarters, home office space, or future ADU potential (buyer to verify). The gated backyard offers peace and privacy, with an oversized detached garage providing convenient alley access. Just blocks from A-rated Abernethy Elementary, neighborhood parks, and the acclaimed restaurants, cafés, and boutiques along Division Street, this exceptional Craftsman offers a rare opportunity to own a thoughtfully updated piece of Portland history in one of its most treasured neighborhoods. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10248514]