Why Live in Lake Forest
Lake Forest, located 10 miles from Portland in Lake Oswego, offers a blend of spacious living and community charm. The neighborhood is part of the highly rated Lake Oswego School District, with Lake Grove Elementary School, Lakeridge Middle School, and Lake Oswego Senior High School all receiving top marks. Homes in Lake Forest sit on large lots, around 14,000 to 15,000 square feet, featuring a mix of bungalows, ranches, postmodernist, and split-level styles. While historically a blue-collar area with affordable cottages, recent developments have introduced luxury homes. The neighborhood is known for its greenery and occasional sightings of peacocks, which some residents find charming despite their noise during mating season.
Lake Forest provides convenient access to I-5 and public transportation options along Kruse Way and Boones Ferry Road. Local amenities include Lake Grove Park, where residents can shop and dine at places like La Provence Boulangerie & Patisserie, Killer Burger, and Oswego Grill. Grocery needs are met by Trader Joe’s and Zupan’s Market. For outdoor activities, West Waluga Park offers a dog park, nature trails, and exercise equipment, while Lake Grove Swim Park provides lake access for residents.
Community events such as the Fourth of July Parade and neighborhood potlucks foster a close-knit atmosphere. Cultural activities are abundant with the Lakewood Center for the Arts hosting a Festival of the Arts in June and the Lake Oswego Farmers' Market running from May through October. The area is safer than the national average, making it a comfortable place for families.
Home Trends in Lake Forest, OR
On average, homes in Lake Forest, Lake Oswego sell after 181 days on the market compared to the national average of 70 days. The median sale price for homes in Lake Forest, Lake Oswego over the last 12 months is $465,000, up 24% from the median home sale price over the previous 12 months.
Median Sale Price
$465,000
Median Single Family Sale Price
$465,000
Average Price Per Sq Ft
$147
Number of Homes for Sale
1
Last 12 months Home Sales
7
Median List Price
$465,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
24%
