554 5th ST Lake Oswego, OR 97034

Welcome to this luxurious traditional townhome, ideally located within walking distance to shops, restaurants, and all the vibrant amenities of downtown Lake Oswego. Tucked quietly away, this custom Craftsman blends timeless character with thoughtful modern updates and exceptional livability. Upon entering, you're greeted by an impressive great room featuring floor-to-ceiling windows, beautifully refinished hickory floors, soaring ceilings, a gas fireplace, and a gourmet kitchen complete with a spacious eat-in island. Designed for effortless entertaining, the main living space flows seamlessly to a private outdoor patio, creating an inviting extension of the home. The main level is completed by a spacious primary suite with its own private patio retreat. Upstairs, you'll find two additional primary suites, a private balcony, and a generous family room highlighted by distinctive rounded ceilings. Low-maintenance living is enhanced by a detached garage conveniently accessed from the alleyway. From its custom craftsmanship and elegant finishes to its unbeatable First Addition location, this exceptional property truly shines!