Welcome home to the cutest cottage bungalow nestled amidst the serene beauty of the historic Aldercrest neighborhood, famous for its greenery. This enchanting retreat has some serious vintage vibes offering both unmatched character and modern convenience. Outside, lush xeriscaped landscaping surrounded by majestic old-growth trees creates a tranquil oasis full of wildlife. A detached garage with workshop space offers ample storage & ADU potential, and the RV-friendly driveway adds practicality for outdoor enthusiasts. The back patio offers a calming retreat, complete with a clawfoot bathtub supplying hot water. Inside the home you'll discover turn-of-the-century brass light fixtures, fir hardwoods, stained glass windows, a certified wood stove, and skylights offering ambient, natural light. Meticulously maintained, this home features a brand new roof with a transferrable warranty, new paint, and freshly cleaned carpets revealing fir hardwoods underneath. Savvy buyers take note, this property presents investment & development opportunity with R10 zoning, allowing for construction of 2/3/4 plexes, townhomes or a cottage cluster. Enjoy the convenience of nearby amenities including Willamette River access, numerous parks, and easy access to Hwy 224 / I-205 for a quick commute to PDX City Center. Milwaukie is in its renaissance era, with new shopping destinations like New Seasons & Trader Joe's opening soon - showcasing the growth, investment, and desirability of the area. Take advantage of low unincorporated Clackamas County taxes and a peaceful mountain-esque setting, all within minutes of DTPDX. Don't miss your opportunity to make this enchanting bungalow your new home. Schedule a showing today and let this haven capture your heart.