Why Live in Lake Grove
Lake Grove, a neighborhood in Lake Oswego, offers a peaceful charm with its established gardens, private lots, and quiet winding lanes. Towering pine trees provide shade and a sense of privacy, distinguishing it from newer subdivisions. Residents are less than a mile from Oswego Lake's waterfront parks and just 20 minutes from downtown Portland, with Tigard's shops and amenities 3 miles away. The neighborhood features a variety of home styles, including craftsman-style and Colonial Revival homes built after 2015, with prices generally higher than nearby areas. Lake Grove is known for its highly ranked schools, including Lake Grove Elementary School, Forest Hills Elementary School, Lake Oswego Junior High School, and Lake Oswego High School, which are all highly rated.
Local points of interest include Lake Grove Swim Park, accessible to students of the Lake Oswego School District, and Iron Mountain City Park, offering 51 acres of trails for mountain biking and hiking. The nearby Lake Oswego Hunt Club, established in 1936, provides equestrian facilities and lessons. Boones Ferry Road features a vibrant commercial district with La Provence Boulangerie & Patisserie, medical offices, Zupan’s Markets, and Hop N Cork, a tap house with a rotating selection of beers. For additional shopping, residents can visit Whole Foods or Trader Joe’s in Tigard or Albertsons on Boones Ferry Road. The neighborhood is safer than the national average, providing a low crime risk area for residents. With Interstate 5 just a short drive away, downtown Portland is easily accessible, offering a balance of suburban tranquility and urban convenience.
Home Trends in Lake Grove, OR
On average, homes in Lake Grove, Lake Oswego sell after 109 days on the market compared to the national average of 52 days. The median sale price for homes in Lake Grove, Lake Oswego over the last 12 months is $1,575,000, up 31% from the median home sale price over the previous 12 months.
Median Sale Price
$1,575,000
Median Single Family Sale Price
$1,795,000
Median 2 Bedroom Sale Price
$325,000
Average Price Per Sq Ft
$504
Number of Homes for Sale
12
Last 12 months Home Sales
19
Median List Price
$1,925,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
31%
