$1,264,833Average Value$677Average Price per Sq Ft12Homes For Sale
A peaceful peninsula
Bordering Oswego Lake and Lakewood Bay, the neighborhood of Lakewood sits on a manmade peninsula on the east end of Lake Oswego. The Oswego area’s residential pockets began to develop in the early 1900s, and its founders used the motto, “live where you play,” drawing on the town’s resort-like atmosphere and recreation opportunities. Walking through the neighborhood takes folks past luxury homes, gated driveways and areas of thick foliage.
The Lakewood neighborhood has some amazing Lakeside homes.
The Lakewood neighborhood is accessible via State St, the main thoroughfare running along the eastern edge of the neighborhood.
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Lakefront luxury homes
In Lakewood, you’ll find Craftsman, French and Mediterranean-style houses built in the 1930s and 1940s on quarter- to half-acre homesites where Douglas fir and red-leaf maple trees tower overhead. "The neighborhood's older houses make it look like a European village, says Dianne Gregoire, principal broker with Oregon First Realtors." Stone walls and hedges serve as dividers between front lots and the neighborhood’s quiet streets while beautifully maintained gardens are featured on most properties.
The average listing price here is $1.6 million, over $1 million higher than the Oregon and Portland averages and $700,000 more than the average Lake Oswego home. Over half of Lakewood’s homes sit directly on the water, with private docks allowing for easy lake access. Waterfront homes with three or more bedrooms and over 3,000 square feet can hit the market anywhere from $3 million to $7 million. On the community’s east side, closest to State Street there is a selection of condo buildings, with units ranging from one to three bedrooms and price tags spanning from the low $300,000s to $550,000. "Newer houses have mixed into this neighborhood as the older ones age and are updated or replaced," says Gregoire, referring to the contemporary, Ranch-style and midcentury modern houses dotting the peninsula.
The Lakewood neighborhood has plenty of two-story homes.
The Lakewood neighborhood is surrounded by very large homes.
The Lakewood neighborhood has plenty of beautiful Lakeside homes.
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Recreation on Oswego Lake
Those who don’t live directly on the water are still just a short walk away from public swimming areas and lakeside parks. Lake Oswego Swim Park offers residents protected areas for swimming, doing laps and diving in the lake during the summer months. Lakewood is also close to George Rogers Park, a 26-acre green space on the banks of the Willamette River. Sports lovers can use the park’s tennis courts, soccer fields and baseball diamonds. In the warmer months, folks picnic under one of the park’s pavilions and lounge in the sand at its river beach.
Lakefront homes in Lakewood enjoy direct access to Lakewood Bay and Lake Oswego.
Millennium Plaza is an amazing place to hang out with friends.
Head east from Lakewood to George Rogers Park to get access to the Willamette River.
Bamboo sushi offers a great place to get dinner.
Millenium Plaza City Park
in the Evergreen Neighborhood in Lake Oswego, OR
Salt and straws, a wonderful place to spend an afternoon.
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Oregon's best school district
Families are drawn to the area by the highly rated schools of Lake Oswego School District, which Niche names the best school district in Oregon. The public schools serving Lakewood students each earn impressive overall grades of A and A-plus, including Forest Hills Elementary School and Lake Oswego Junior High School. Older students can attend the A-plus rated Lake Oswego High School, the best public high school in the state, according to Niche. Over 70% of high schoolers here participate in extracurricular activities, with club topics ranging from voice acting and poetry to sports medicine and pickleball.
Lake Oswego Senior High School is a Top Public High School Serving the Lake Grove Neighborhood in Lake Oswego OR.
The Entrance to Forest Hills Elementary in Lake Oswego,
The Front Entrance of Lake Oswego Junior High in Lake Oswego Oregon.
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Shopping on State Street
State Street is home to a commercial district that separates Lakewood from the Foothills and Old Town neighborhoods that lie to the east. All residents are within a 15-minute walk from the local Whole Foods Market, and Safeway is just a half mile north. After stocking up on groceries, people can swing by Monster Tea for a refreshing beverage. At the Lake Theater and Café, patrons can catch a first-run movie while eating dishes like the blackened rockfish sandwich and cremini mushroom pizza.
Quiet living a short drive from downtown amenities
While residents of Lakewood can revel in the community’s peaceful nature, they are also just a 20-minute drive from downtown Portland and within walking distance of numerous shops and local restaurants.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
On average, homes in Lakewood, Lake Oswego sell after 149 days on the market compared to the national average of 52 days. The median sale price for homes in Lakewood, Lake Oswego over the last 12 months is $1,800,000, up 243% from the median home sale price over the previous 12 months.
Welcome to a serene oasis offering a tranquil and private park-like setting, crafted by the renowned architect John Yeon in 1955. This iconic mid-century home epitomizes Yeon's exceptional ability to blend architecture with nature. The residence features Yeon's ingenious design elements, such as a unique louvered window ventilation system beneath expansive vertical windows, seamlessly integrating
Timeless Charm Meets Modern Comfort in Downtown Lake Oswego. With one meticulous owner since its 2001 conversion, this condo blends classic character with modern upgrades in an unbeatable Lake Oswego location. New furnace, A/C, water heater, windows and roof give comfort to the buyer that big ticket items have been replaced. With these improvements, design and finishes were not forgotten - new
Enjoy serene privacy and breathtaking lake views from this beautifully crafted home, ideally located in one of Lake Oswego’s most desirable neighborhoods. Just minutes from downtown Lake Oswego and all that it has to offer including lake front dining, boutique shopping, parks (George Rogers & Foothills Park), theater, LO farmers market and cultural attractions (Lakewood Center for the Arts!).
This beautifully updated 2 bedroom 1 bath Oswego Lakefront condo provides some of the best lake views in the entire complex. Located in Clackamas County—ideal for those seeking a tax-friendly alternative to Multnomah County—this home is part of a community having completed a total exterior renovation, a new community floating dock and storage for paddle boards and kayaks. Inside, the unit has
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
