$862,953Average Value$463Average Price per Sq Ft19Homes For Sale
Suburb south of Portland by Oswego Lake
Lake Forest’s streets, lined with mature fir trees, sit around 10 miles south of Portland. “Lake Oswego was originally a camping town when Portland was young, and over time, it became a hotspot off Interstate 5 with some of the highest priced homes on Oswego Lake,” says Darryl Bodle II, a principal broker at Darryl Bodle Real Estate with over two decades of experience. “Lake Forest is an older and more of an original part of Oswego with a suburban feel and the walkability." The neighborhood is part of the Lake Oswego School District, Oregon’s highest-ranked district, earning an A-plus by Niche.
Homes along the northern edge of Lake Forest share space with a number of office parks along Kruse Way.
A large contemporary home with a bridge red roof along SW Partridge Drive in Lake Forest.
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Midcentury ranch-style homes and bungalows
Single-family homes here include midcentury ranch-style homes and bungalows as well as newer construction like new traditional and Millennium Mansions. Prices depend on size and whether they have lake easements, granting access to Oswego Lake. Some of the neighborhood’s earliest houses list between $520,000 and $800,000. Newer construction lists between $800,000 and $2.4 million, depending upon size and location. Early 2000s townhouses sit in sidewalk-lined communities, where homes range from $470,000 and $620,000.
Homes along SW Partridge Drive showcase a variety of styles in Lake Forest.
Ranch homes along SW Carman Drive provide more affordable housing options in Lake Forest.
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West Waluga Park, private lake access and peacocks
West Waluga Park offers many recreational offerings, including an off-leash dog park and a paved walking path around a pirate ship playground. The park also has outdoor Fit Spot Equipment, including a chest press, leg press and elliptical. East Waluga Park’s 53-acre green space includes two turf baseball fields outfitted with stadium lights, a bike course and a playground. Residents with lake easements can use Oswego Lake for swimming and boating since it is otherwise considered private by city ordinances; in fact, its private status was disputed by the public and then confirmed in 2022. Peacocks are commonly spotted when walking or biking through the neighborhood, particularly around Inverurie Road. “Every now and then, I’ll see a bunch of them,” says Dianne Gregoire, a Lake Forest local for over 25 years and realtor with Oregon First. “Last time I counted, there were 35 of them, but there’s probably 50 or 60. They’re beautiful. However, not everyone loves them. They’re very loud, especially during mating season.”
Westlake residents enjoy jogging on the paved trails at West Waluga Park.
A pair of joggers running by Waluga Park East.
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Top-rated schools in Oregon
Lake Oswego School District serves the neighborhood and is Oregon’s highest-ranked district according to Niche. The community’s northern half is zoned for Lake Grove Elementary School, Lake Oswego Middle School and Lake Oswego High School. Both the elementary and middle schools earn A grades from Niche, while the high school receives an A-plus. River Grove Elementary School and Lakeridge Middle School, for which the southern half of the neighborhood is zoned, both maintain A grades. Lakeridge High School, which earns an A-plus, offers dual and concurrent credit courses, where students can earn college credits from nearby universities such as Portland State University.
Welcome to Lakeridge High School, a four-year secondary school.
Lakeridge Middle School in the Bryant Neighborhood.
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Festivals, farmers markets and faith
Lake Oswego Festival of the Arts is a three-day event held by the Lakewood Center for the Arts at the end of June. Each year, a different art form is the focal point. Over 1,000 art pieces are displayed while musicians perform live. Lake Oswego hosts a farmers market on Saturdays from May through October in Millennium Plaza Park.
Traveling by Interstate 5, TriMet trains and buses
Interstate 5 runs through the neighborhood’s west side, connecting it with Portland in about 10 miles and the Portland International Airport in nearly 22 miles. TriMet, Portland’s public transportation service, offers buses along local thoroughfares, including Boones Ferry Road and Kruse Way. Trains depart from nearby Tualatin WES Station and go to the city. Legacy Meridian Park Medical Center is the closest emergency facility, about 4 miles south.
Local dining chains, Bridgeport Village and cinemas
Local dining chains can be found in strip malls along Boones Ferry Road and Kruse Way , including Oswego Grill, which serves wood-fired meals, and La Provence Boulangerie & Patisserie, which offers French pastries and seasonal specials. Bridgeport Village’s outdoor mall has major retailers, including Madewell and Banana Republic. Restaurants, including Sinju Sushi, fill the northern area of the mall, where the latest movies are shown in Regal Bridgeport Village’s regular and IMAX theaters. Box stores line Meridian Square’s shopping center, including Dick’s Sporting Goods and a Safeway for groceries. Family owned grocery chain Zupan’s Markets is also close by.
Enjoy farm-to-table bistro fare at Tavern on Kruse in the Westlake neighborhood.
Grab a fruit smoothie or Acai bowl after a day on the lake.
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
Interested in learning more about homes in this area?
Reach out to
Tom Portlock,
an experienced agent in this neighborhood.
Parks in this Area
West Waluga Park
Dog Park
Trails
Playground
Southwood Park
West Waluga Park
Westlake Park
Baseball/Softball
Basketball
Soccer
Waluga Park East
Heron Grove City Park
Lake Grove Swim Park
Transit
Airport
Portland International
34 min drive
Bus
Boones Ferry Rd & SW Madrona
Bus
Kruse Way & Kruse Woods
Bus
Kruse Way & Kruse Oaks
Bus
Boones Ferry Rd & Jean
Bus
Boones Ferry Rd & West Sunset Dr
Bus
Boones Ferry Rd & Pilkington
Bus
Boones Ferry Rd & Washington Ct
Crime and Safety
1 - Low Crime, 10 - High Crime
Lake Forest
US
Homicide
1
4
Sexual Assault
1
4
Assault with Weapon
1
4
Robbery
1
4
Burglary
4
4
Motor Vehicle Theft
3
4
Larceny
4
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Lake Forest Demographics and Home Trends
On average, homes in Lake Forest, Lake Oswego sell after 34 days on the market compared to the national average of 49 days. The median sale price for homes in Lake Forest, Lake Oswego over the last 12 months is $800,000, up 10% from the median home sale price over the previous 12 months.
Custom 1 level home in Lake Oswego w/ a open floor plan and upgrades through out. Lots of light coming in through Large windows and Sliders to covered BBQ area. Extended life metal roof for easy maintenance and longevity. Oversized Garage w/ epoxy flooring and room for storage or hobby space. Landscaped back yard for relaxing low maintenance grass on sprinkler system and Private garden. Many
Enter into comfort and charm in this beautifully maintained 4-bedroom traditional gem, tucked away in one of Lake Oswego’s most sought-after neighborhoods!This home was made for living well—with a flexible layout that’s perfect for families, guests, or even a stylish work-from-home setup. Upstairs, you’ll find a spacious primary suite that feels like a true retreat, plus a generous second bedroom
NEW PRICE! Step into this charming and well cared for home that has been updated and upgraded! Experience the 3 bedrooms and 2 bathrooms in nearly 1,700 sq ft on .28 acres of property in person. The beautiful kitchen has new silestone countertops, new tiled backsplash, custom cabinetry, newer s/s appliances, walk-in pantry, built-in banquette, and exterior door leading to the covered patio for
Lake Oswego 2br 2.1ba end unit townhouse in Lake Forest neighborhood. Two primary suites, 2-car tandem garage, 1250sf, remodeled kitchen. Minutes from Trader Joe's, Kruse Oaks, Mercantile Village, Bridgeport Village, easy access to I-5 and OR-217.
Beautifully remodeled, one-story home in Lake Oswego, just minutes away from the Kruse Way Center. With updated features throughout, this beautiful home features a spacious & open floor plan with quartz counters, undermount sink, & stainless appliances in the kitchen. Newer flooring, roof and furnace. 3- bedroom and 2.5-bathroom home with a 2-car garage. Oversized backyard with a patio area, lush
Own a piece of history! 1930 cottage on .73A of award-winning gardens and creek. Cottage is updated retaining original hardwoods and charm. Country privacy just minutes from I-5, shopping, restaurants and Bridgeport. Seller licensed broker. No sign on property. Unincorporated Clackamas County--easy remodeling. By appointment only. Per lender, current low interest loan is assumable.
Hunt Club Apartments Homes features one bedroom and two bedroom apartment homes for rent in Lake Oswego, Oregon. Our community is close to I-5 and Hwy 217, just minutes away from upscale shopping at Washington Square and Bridgeport Village. In addition, Downtown Portland is only a short car ride away! Select homes have been remodeled with custom maple cabinetry, slab granite countertops, ceramic
From the tree speckled Lake Forest neighborhood of Lake Oswego, Willow beckons — inviting you home with warm natural lighting, white oak finishes, and lovingly curated decor inspired by nature. Select between a freshly built one, two, or three bedroom apartment or townhome, with modern amenities and the quiet comforts of suburban living with Waluga Park and urban conveniences just down the road.
Interested in learning more about homes in this area?
Reach out to
Tom Portlock,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
3,293
Median Age
44
Population Density
5 ppl/acre
Population under 18
22.6%
On par with the national average
23.8%
Population over 65
20.8%
On par with the national average
19.1%
Finances
Median Household Income
$140,297
Significantly above the national average
$71,702
Average Household Income
$171,374
Education and Workforce
High School Graduates
97.9%
College Graduates
72.6%
Significantly above the national average
34.1%
Advanced Degrees
27.8%
Above the national average
13.3%
% Population in Labor Force
72.3%
Weather
Annual Precipitation
41''
Average Winter Low Temperature
34°F
Average Summer High Temperature
82°F
Annual Snowfall
5''
Area Factors
Bikeable
Bike Score®
68/ 100
Car-Dependent
Walk Score®
34/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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.
