Perched high on nearly a half-acre, this true-blue beauty offers sweeping territorial and SW Portland views in a private, treehouse-like setting. A welcoming formal entry provides space for coats and bags before stepping into the bright, open-concept living, dining and kitchen complete with hardwood floors and atrium-style windows. The updated kitchen shines with an oversized granite island with bar seating, butcher block counters, pendant lighting, stainless appliances, tile backsplash, floating shelves and generous pantry storage. Sliders extend the living space to a partially covered entertainer’s deck, perfect for year-round barbecues or quiet mornings soaking in the view. A stately office with gas fireplace and oak built-ins sits just off the primary suite, which features dual custom closets and a remodeled bath with a walk-in shower, soaking tub, dimensional tile, blue accents and warm wood finishes. Two additional bedrooms and a full bath complete this floor. The walk-out lower level expands your options with an oversized family/media room with high ceilings, exercise area, laundry/bathroom combo, an additional bedroom, and a second suite- all remodeled within the last 5 years. In total, the home offers 5 bedrooms + 3 versatile bonus spaces, providing endless possibilities for a growing household, multigenerational living or potential ADU. Outside, the fully-fenced backyard is a retreat in itself: terraced garden beds, a stone patio, multiple levels of composite decking, mulched play area, rolling lawn, and mature fruit + evergreen trees. A detached 2-car garage offers power, workspace, attic storage, and plenty of room for projects and gear. Meticulously maintained, both in terms of cosmetic and major system updates (ask your agent for the full list of improvements). Enjoy all the benefits of living in the coveted Ashcreek neighborhood- just minutes from Multnomah Village, Hillsdale, parks, trails, top schools, shopping, entertainment and freeway access. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241688]