Beautifully rebuilt ranch on a spacious approx. 0.42-acre lot in well-established Boring neighborhood! This 3-bedroom, 2-bath home offers approx. 2,000 SF of like-new living space with an open, functional layout. Originally built in 1953 and extensively reconstructed from the foundation up with an approx. 1,000 SF addition completed in 2024, nearly every component of this home has been replaced. Updates include new foundation with post-and-beam construction (with only a small portion of the original remaining), new wall studs and sheathing, new roof, siding, windows, doors, garage door, patios, paint, and insulation. All major systems are new, including full electrical service with new meter and panel, all new plumbing, new water service and meter, new septic system, forced-air gas furnace with central A/C, ducting, vents, and on-demand tankless water heater. Final inspection completed by Clackamas County in 2025. The gourmet kitchen features stone countertops, high-end stainless steel appliances, ample cabinetry, and generous workspace for cooking and entertaining. Hardwood flooring flows through the main living areas, complemented by fresh interior finishes and abundant natural light. The primary suite offers a private retreat with ensuite bath, generous closet space, and access to the covered rear patio. Two additional bedrooms provide flexibility for guests, a home office, or hobbies. ADA-sized doors and openings enhance accessibility, including front and rear access to patios. Covered front porch and large covered back patio create ideal spaces for year-round enjoyment. Attached two-car garage provides parking and storage. Expansive lot offers room for gardening, play, RV or boat parking, or future possibilities, all in a peaceful rural setting with nearby schools (1 block from Boring Middle Schoo), local amenities, and commuter routes. Offered under recent appraised value--instant equity opportunity. Move-in ready!