$1,231,051Average Value$470Average Price per Sq Ft11Homes 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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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.
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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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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.
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.
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
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to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
McVey-South Shore
US
Homicide
3
4
Sexual Assault
1
4
Assault with Weapon
2
4
Robbery
1
4
Burglary
3
4
Motor Vehicle Theft
3
4
Larceny
3
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
McVey-South Shore Demographics and Home Trends
On average, homes in McVey-South Shore, Lake Oswego sell after 65 days on the market compared to the national average of 53 days. The median sale price for homes in McVey-South Shore, Lake Oswego over the last 12 months is $930,000, down 17% from the median home sale price over the previous 12 months.
Back on the market after a meticulous refresh, this gem shines brighter than ever with stunning upgrades throughout—particularly in the chef-inspired kitchen, boasting sleek quartz countertops, stainless steel appliances, and a spacious island perfect for gatherings, alongside luxurious bathroom renovations featuring spa-like vanities, modern tilework, and rainfall showerheads that elevate
OPEN HOUSE SUNDAY DECEMBER 14TH 2-4 PM! Tucked away on a private, tree-filled .32-acre lot, this beautifully updated Lake Oswego home offers exceptional flexibility, timeless finishes, and a serene natural setting. The oversized kitchen is designed to impress with a large center island, quartz countertops, stainless steel appliances, built-in microwave drawer, and a bay window over the sink that
Welcome to this delightful 1977 split-level home, offering a perfect blend of classic charm and modern potential, located blocks away from shopping, parks and restaurants. This inviting home features a spacious and functional layout, with multiple living areas that are perfect for both everyday life and entertaining guests. Expansive deck is prefect for outdoor dining, relaxing or hosting
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.
