Built in 1902, and meticulously updated over the years, this Carl Larsson inspired Victorian farmhouse compound in Portland's Woodstock neighborhood, is unlike anything currently on the market. Be inspired by the one level acre of truly gracious grounds and gardens that stop passersby in their tracks! The property includes the exquisite main house (with proven short term stay history), a fully renovated well-equipped art studio with sleeping porch, full bath and an apartment above, and the only known remaining original water tower in Portland- truncated and ready for the next vision! Stewarded by the same owners for decades, every detail of this property has been conceived and crafted by hand, from the custom clay tile fireplace surrounds to the hand-laid tilework in every bath, kitchen and art studio. Exquisite hardwood floors, stained glass windows, and gas fireplaces speak to a home where each detail was honored & preserved. The gardens are extraordinary: enjoy just under an acre of curated blooms, rose pergolas, and manicured grounds visible from nearly every room. The main residence flows from a generous living room w/ bay windows & brick fireplace through to the kitchen with high ceilings, and breakfast nook, then into the dining room and butler's pantry with coffee bar. Three bedrooms upstairs include a top-floor attic suite with a hidden story! Beyond the main house, a fully equipped red barn studio sits on the grounds with high beamed ceilings, cement floors with custom inlay, a kitchen, full bath, getting-ready suite, and event hosting potential. The estate home and studio present income potential whether as a short-term rental, a long-term lease, or an established event venue- as proven by the current owner's pottery business days. The only known remaining original water tower in Portland and a tree from the 1905 World's Fair complete the grounds. A true gem!