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Welcome home to an excellent investment opportunity next to the second largest waterfall in the United States! This lovely, restored riverfront craftsman lives large, tucked into the Historic Canemah District of Oregon City. Perched above the river and out of the flood plane, enjoy incredible views and daily sunsets. This restored, 1917 bungalow designed by George Rakel, boasts 3 ample bedrooms and 2.5 baths. Stripped down to the studs and thoughtfully updated, this home has also been seismically retrofitted. You’ll find luxurious finishings throughout this expansive light-filled home, including hardwood floors, an updated kitchen with gas range, ceiling fans and a clawfoot bathtub with a double sink vanity. Enjoy updated systems throughout with newer windows, insulation, plumbing, wiring, and HVAC. Paddle, entertain and sunbathe on your private, newer 62′ boat dock along the Willamette River. Complete with a river view sitting area including a fire pit. The beach is an owned easement. Not only do you enjoy coveted, private river frontage in Historic Oregon City, the home is also centrally located and close to all the amenities of downtown OC. Situated in the fantastic, Oregon City High School district! A quick drive or riverwalk to dining, shopping and entertainment, as well as easy access to numerous parks and hiking.