$1,184,629Average Value$483Average Price per Sq Ft15Homes For Sale
Lakefront property and top-ranking Oregon schools
McVey-South Shore has evolved drastically since the neighborhood’s early days. What originally began as a subdivision intended for city iron furnace workers and their families, McVey-South Shore now boasts multi-million-dollar properties right on the waterfront of Lake Oswego. Luxury homes, in addition to an abundance of greenery and top-ranked schools, pull homebuyers who still want to be close to Portland or their tech corridor jobs in. When McVey-South Shore residents aren’t enjoying access to private Lake Oswego, they are soaking in the sun at a variety of other neighborhood nature destinations.
You can find a luxury lakefront home in McVey-South Shore.
Large contemporary homes display breath taking architecture in McVey-South Shore.
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Multi-million-dollar estates on Lake Front Road
Million-dollar, modern traditional estates with four bedrooms—mostly built around the turn of the 21st century—set the median price of a single-family home McVey-South Shore to $889,000. And while the six-digit prices in the western part of McVey-South Shore aren’t exactly modest, they pale compared to what the four- or five-bedroom mansions along Lake Front Road cost. These homes, most of which feature direct access to the water, run anywhere from $3 million to $5 million. Most homeowners who enjoy lakeside living have private easements, from which they launch paddleboards, canoes and kayaks.
Looking back to the history of the area, the electrification of the rail car that connected Lake Oswego and Portland opened the door to waves of people who wanted to escape the big city of Portland for a quieter way of life. A wave of two- and three-bedroom ranch-style homes and Craftsman bungalows were built in the 1950s and ‘60s in an area once referred to as South Shore. These homes, selling between $550,000 and $700,000, are popular among younger families.
McVey-Shore offers a variety of home prices, as well as a diversity of architecture. “You have a lot of different types of homes built in different eras and architectural styles,” says Erin Primrose, a broker with Real Broker. “No two are the same, which is really special.” The neighborhood scored a two on the CAP Crime Index, significantly lower than the national average of four.
A modern lakefront home in McVey-South Shore can reach over the million dollar mark.
A Mid-Century Ranch home in McVey-South Shore is a great home for a growing family.
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No lack of outdoor adventure in McVey-South Shore
“There are parks on every corner, even ones you can’t find on a map,” Primrose says. “Even on roads that don’t have a shoulder, you always see people walking, running and on their bikes on a sunny day.” One of these green spaces—Aspen Park—rests on a hill at the southern point of the neighborhood, aptly named for its views of the neighborhood and the lush Oregon evergreen forests beyond.
For a waterfront view, residents head to George Rogers Park, about five minutes away. The park features something for everyone—remnants of the first iron furnace on the West Coast for history buffs, sandy beaches where Canadian geese wander for beach-goers and a number of vantage points of the water for amateur photographers. The soon-to-be-finished Lake Oswego Recreation and Aquatics Center will give McVey-South Shore residents a place to work on their fitness indoors. Set to open in the summer of 2024, this new facility will house an Olympic-sized pool, a gym, a weight room and another large room for group exercise classes.
George Rogers Park George Rogers Park is a 26-acre park at intersection of Ladd and South State.
Dogs in McVey-South Shore enjoy playing fetch in the Willamette river at George Rogers park.
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Lake Oswego schools rank highly in Oregon
The schools in Lake Oswego are one of the main reasons people want to move to McVey-South Shore. Niche ranked Hallinan Elementary School as the fourth-best public elementary school in the state. After Hallinan, McVey-South Shore students attend Lakeridge Middle School, with both schools earning an A. Local teenagers graduate from Lakeridge High School, the second-best public high school in the state, earning an A-plus. Besides stellar academics, Lakeridge offers around 60 extracurricular clubs to its students, including the Finance and Investment Club, Bouldering Club, Robotics and Support & Service Lakeridge. Students can also compete in a variety of athletics after class, including varsity alpine skiing, snowboarding and horseback riding.
Welcome to Lakeridge High School, a four-year secondary school.
The Front of Hallinan Elementary School in Lake Oswego, OR.
Stafford Road connects the former South Shore community with the newer, northern parts of McVey-South Shore, bringing residents to New Seasons Market and surrounding restaurants and retail. Just outside of the neighborhood, Stafford Road connects to Route 43, which brings residents to Downtown Portland in around 20 minutes.
New Seasons in Stafford Road shopping center
The shopping center at the center of the neighborhood connects the older parts of the McVey-South Shore with the newer subdivisions and lakefront communities. Residents head to Adisaya Thai to savor signature Thai dishes like lemongrass chicken and duck curry after sharing an appetizer of golden fried tofu or potstickers filled with chicken and ginger. For a casual meal in a laid-back atmosphere, residents grab a slice at Bellagio’s Pizza, a Portland-area chain. Another Portland staple—New Seasons Market—is nearby, offering fresh groceries and other weekly essentials.
The produce selection at New Season's Market features many locally sourced options.
New Season's Market offers resident's of McVey-South Shore healthy grocery choices.
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
Casey Riley,
an experienced agent in this neighborhood.
Parks in this Area
Lake Oswego Parks & Recreation
Aspen Park
Cornell Natural Area
Sundeleaf Plaza
Lake
Trails
George Rogers Park
Baseball/Softball
Grills
Picnic Area
Freepons Park
Lake Grove Swim Park
Transit
Airport
Portland International
37 min drive
Bus
South Shore & Greentree
Bus
1800 Block South Shore (Park & Ride)
Bus
Mcvey & Lakefront
Bus
Mcvey & Cornell
Bus
Mcvey & Parrish
Bus
South Shore & Patton
Bus
Mcvey & Oak St
Crime and Safety
1 - Low Crime, 10 - High Crime
McVey-South Shore
US
Homicide
1
4
Sexual Assault
1
4
Assault with Weapon
1
4
Robbery
1
4
Burglary
2
4
Motor Vehicle Theft
1
4
Larceny
2
4
Crime Score
1
4
Source: WhatIsMyCrimeRisk.com
McVey-South Shore Demographics and Home Trends
On average, homes in McVey-South Shore, Lake Oswego sell after 68 days on the market compared to the national average of 49 days. The median sale price for homes in McVey-South Shore, Lake Oswego over the last 12 months is $940,500, up 6% from the median home sale price over the previous 12 months.
Welcome to this beautifully remodeled home offering a perfect blend of timeless elegance and modern upgrades. With five spacious bedrooms plus a den and 3.5 bathrooms, this home is designed for both comfortable living and stylish entertaining. Step inside to discover rich Brazilian walnut hardwood floors that lend warmth and sophistication. The kitchen, completely remodeled in 2024, features
Corey RudolphCascade Hasson Sotheby's International Realty
Welcome to 1015 Southshore Blvd, a beautifully updated daylight ranch in the coveted Southshore neighborhood. Thoughtfully renovated with modern upgrades, this home seamlessly blends elegance, functionality and flexibility in the floor plan. Recent updates include a new roof, furnaces, front door + garage doors for enhanced efficiency and curb appeal. Epicurean kitchen improved with quartz,
Fully renovated and offering coveted South Shore Glen lake easement access, this exceptional Lake Oswego Traditional is a rare opportunity to enjoy the best of lake living—just a short stroll to the water, top-rated schools, and all the charm this prestigious community has to offer. Meticulously reimagined by one of Greater Portland’s premier restoration specialists, this home blends timeless
Tucked away on a quiet cul-de-sac off one of Lake Oswego’s most coveted streets, 1739 Palisades Terrace offers the perfect blend of privacy, tranquility, and convenience. Just a short walk to vibrant downtown Lake Oswego, this stunning home feels a world away, backing to a forested nature space with a serene stream that provides a peaceful, natural soundtrack year-round! This coveted Palisades
Darren HumbertCascade Hasson Sotheby's International Realty
Timeless classic contemporary stylings meet a sleek high design remodel, including full gourmet kitchen transformation, honed Carrera marble finishes and refinished hardwood floors throughout, to create a stunning legacy estate that enjoys boating/swim rights to pristine Oswego Lake. Breathtaking 10-20 ft ceilings, open great room floor plan, and a dazzling primary suite remodel with gas
Kevin HallCascade Hasson Sotheby's International Realty
Property Id: 1413048Welcome to your new home in the heart of Lake Oswego! The house is located on a quiet cul de sac in the Palisades neighborhood and is minutes away from amenities such as New Seasons grocery, coffee shops, gyms, and restaurants. Easy access to Hwy 43 offers swift access to Downtown Portland. Embrace the charm of George Rogers Park, or stroll to local gems like
Spacious, clean and sunny one bedroom apartment with private entry in the Palisades area of Lake Oswego. The Palisades neighborhood a nice, safe and quiet neighborhood.All utilities are included.The apartment has a gas fireplace insert with thermostat in the living room , built-in bookcases and shelves, pantry and plenty of storage. The kitchen has a gas stove with oven, full size
Interested in learning more about homes in this area?
Reach out to
Casey Riley,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,837
Median Age
48
Population Density
6 ppl/acre
Population under 18
23%
On par with the national average
23.8%
Population over 65
24%
On par with the national average
19.1%
Finances
Median Household Income
$177,391
Significantly above the national average
$71,702
Average Household Income
$197,765
Education and Workforce
High School Graduates
99%
College Graduates
69%
Significantly above the national average
34.1%
Advanced Degrees
31.3%
Above the national average
13.3%
% Population in Labor Force
65.1%
Weather
Annual Precipitation
41''
Average Winter Low Temperature
34°F
Average Summer High Temperature
82°F
Annual Snowfall
2''
Area Factors
Somewhat Bikeable
Bike Score®
48/ 100
Car-Dependent
Walk Score®
49/ 100
Minimal Transit
Transit Score®
21/ 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.
