Rare opportunity to own 9.72 acres of beautiful country property just minutes from downtown Oregon City. This exceptional turnkey equestrian property offers privacy, functionality, and future developable upside, with quick access to Highway 213, Interstate 205, shopping, dining, and amenities. Located inside the Metro UGB and bordering land annexed into Oregon City as part of the Park Place Concept Plan which is currently going through city approvals. This property offers both immediate lifestyle appeal and significant investment potential. Comprised of three tax lots, the property features peaceful pastoral views, a year-round creek, approximately 5.75 buildable acres, and 4 acres in NROD with potential future density transfer opportunities. The charming 1905 farmhouse offers 1,250 sq/ft with attic space to expand. 3 bedrooms, 1 bath, 2020 updates including new roof, gutters, paint, insulation, rebuilt attic, new attic windows, and new ductless HVAC. Equestrian amenities include a 120×132 barn containing a 60×120 covered arena, 29 stalls, substantial loft space, 3 tack rooms, and a heated office. Other amenities include a 40×60 hay barn with water/power and space for additional stalls or RV/equipment storage, 24×36 carport, detached garage, tool shed, irrigation, and mature landscaping. A rare blend of country living, current income potential, and investment opportunity in a highly desirable location. Located just 1/2 mile from the 2026 Street of Dreams.