Completely reconstructed from the studs out, this stunning Alberta Arts District home offers the rare combination of original Portland charm and essentially brand-new construction. A standout feature is the private lower-level living space with its own separate exterior entrance, one bedroom, one full bathroom, and kitchen providing exceptional flexibility for multigenerational living, guests, extended family, or potential income-producing opportunities. Every major system has been thoughtfully replaced, including new siding, insulation, Milgard windows, electrical, plumbing, HVAC, landscaping, driveway, sidewalk approach, and more delivering peace of mind for years to come.Inside, premium finishes elevate every space. The chef’s kitchen is outfitted with top tier KitchenAid appliances, quartz countertops, and an open layout designed for everyday living and entertaining. A beautifully appointed powder room showcases luxurious Taj Mahal quartz, while custom details and quality craftsmanship can be found throughout.A standout feature of this home is the lower level, which offers its own separate exterior entrance, one bedroom, one full bathroom, and a kitchen, creating an ideal setup for multigenerational living, guest quarters, a private home office, or potential income-producing space. This flexible layout provides privacy and independence while remaining connected to the main home.The upper level features a private primary suite complete with a walk-in closet, additional storage, and a spa inspired bathroom with a walk-in shower.Located just blocks from Portland’s iconic Alberta Arts District, you’ll enjoy easy access to some of the city’s best restaurants, cafés, boutiques, and local culture. The fully fenced yard, fresh landscaping, and new two-car driveway complete this exceptional property.A rare opportunity to own a nearly new home with timeless Portland character and flexible living options in one of Northeast Portland’s most sought-after neighborhoods. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249283]