An exceptional opportunity awaits in one of Raleigh Hills' most desirable neighborhoods. Nestled in the historically significant Montclair community, this classic mid-century home offers endless possibilities for renovation, expansion, or future development. Ideally located just minutes from Jesuit High School, Oregon Episcopal School (OES), Portland Golf Club, and the brand-new Raleigh Hills Elementary School, the location is simply outstanding. Set on a generous 0.56-acre lot, the home welcomes you with a timeless circular driveway off SW Northvale, creating classic curb appeal reminiscent of the 1950s. Inside, a formal entry leads to an expansive living room, while a private office is tucked quietly away for work or study. The traditional floor plan also features a formal dining room, kitchen with a cozy breakfast nook, and an oversized primary suite complete with large closets and custom built-ins. Three additional bedrooms showcase beautiful hardwood floors, offering plenty of space for family and guests. The lower level includes a spacious family room with direct access to the backyard patio, along with a separate guest or mother-in-law suite, providing flexible living arrangements for multigenerational households or visitors. For those looking beyond a remodel, the property's R-5 zoning presents exciting development potential (buyer to perform all due diligence), making this an outstanding investment opportunity as well. Whether you envision restoring this home to its original charm, creating your dream residence, or exploring the property's future possibilities, opportunities like this are exceptionally rare. Don't miss your chance to transform this classic property into something truly extraordinary in one of Raleigh Hills' premier neighborhoods.