Twelve months of HOA fees covered by the seller.Penthouse living in the spectacular, custom Frances in the coveted First Addition neighborhood located adjacent to downtown Lake Oswego village. Just blocks to recreation, cafes & shopping. This plan is the only townhome available in the building and features 2 bedroom suites on the lower level with an additional oversized terrace shared by both bedrooms, the living area and chef & prep kitchens are on the main floor, the flex space can be a library or office or other use. Enjoy a terrace off of the living area. Frances has thoughtfully designed luxury materials, such as book matched marble slab in the kitchen from the counter to the ceiling, quartz countertops, custom cabinetry and built-ins by a local craftsman. European white oak flooring with a dark walnut stain throughout the home, the living and dining room have a herringbone pattern, the hallways and bedrooms are wide plank. The living area has a built-in wet bar. Appliances include a pro series sub zero refrigerator, 2 dishwashers, 48” Wolf range and double ovens. The primary bedroom has 2 walk-in closets, double vanities, a porcelain clad wet room with a soaking tub and access to the terrace. The secondary bedroom has a walk in closet, porcelain step-in shower and custom vanity. The community shared amenities include guest suite, rooftop terrace & residence lounge, gym & sauna, art-infused lobby, sensory garden with sculpture art in water feature. Each condominium home comes with two parking spaces and an extra storage space. Enhance your sense of community and healthy living!Experience the perfect balance of ownership and flexibility with our Co-Ownership option—ideal for those seeking a luxurious part-time retreat without the full-time commitment. Enjoy all the perks of ownership while only paying for the time you need.