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Rosewood

Rosewood

Suburban Neighborhood in Lake Oswego, Oregon

Clackamas County 97035

$827,949 Average Value
$457 Average Price per Sq Ft
9 Homes For Sale

Suburban community along the edge of Lake Oswego

Located right along the Tualatin River, Rosewood is a community split between Rivergrove and the affluent suburban city of Lake Oswego. Although it certainly features some charming neighborhood blocks of its own, Rosewood contrasts a bit with some of its neighboring communities. Lake Oswego has long stood out for its scenery and upscale housing, factors that have long allowed it to serve as a weekend home for many in the region and beyond. Rosewood has a more modest feel, but that trait has been a strong point as it has led to easier affordability for those who have otherwise longed to live in this part of the greater Portland region. “Rosewood is still very affordable in relative to Lake Oswego as a whole,” says Tracy Hasson, a broker with Sotheby’s International Realty, who’s made just under 10 sales in Rosewood. “There are still pockets in unincorporated Clackamas County that still have a lot of single-story ranch homes, but the location is still very ideal. It’s very close to the interstate, close to the mall, close to the shops, close to the Willamette River.” Rosewood lies just east of the Bridgeport Village, an open-air mall that has been ranked among the best in this part of the state. Another thing that has spurred interest in Rosewood in more recent times is that its neighborhood school, River Grove Elementary, is set to move into a brand new building. “It’s pretty state-of-the-art,” Hasson says. “The excellent schools are one of the biggest draws as a whole.”

Front yard decorations and fir trees frame a ranch home in the Rosewood Neighborhood.
Front yard decorations and fir trees frame a ranch home in the Rosewood Neighborhood.
Centerwood Street and Indian Creek in the heart of the Bryant Neighborhood.
Centerwood Street and Indian Creek in the heart of the Bryant Neighborhood.
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Shop and dine along Nyberg and at Bridgeport

Rosewood sits just east of several shopping districts, all of which are located along Interstate 5 in the nearby Tualatin. Residents can go to the group of sprawling shopping centers along Southwest Nyberg Street, where they’ll find many chain brands. They can shop for groceries at New Seasons Market or go to Fred Meyer if they’re looking for an even greater variety of goods. The local choices here include Mashita Teriyaki, where patrons can choose chicken or beef plates, fried noodles or grab a bento. They can also meet for brunch at BRIX Tavern. While in this area, they can travel over to the Tualatin Lake at the Commons, a roughly 5-acre plaza featuring a man-made lake that they take strolls around or admire from the benches. And if those looking for even more options can travel a little farther north to the Bridgeport Village, an open-air mall with green spaces between the building. The shopping mall features a water fixture with a fire burning atop an arranged pile of stone slabs. Among the many chain brands at Bridgeport are a Whole Foods and a Regal movie theater. There’s also a McCormick & Schmick’s Grill those looking to enjoy a juicy, rare steak and beverage in an upscale setting.

Rosewood isn't far from several major chopping centers.
Rosewood isn't far from several major chopping centers.
Brix Tavern is a popular destination for Rosewood diners.
Brix Tavern is a popular destination for Rosewood diners.
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Exploring Browns Ferry Park

Buried under a dense natural canopy that includes towering pines is Pilkington Park. The nearly 4-acre space near the heart of the neighborhood offers a path for jogs or casual strolls, tables for weekend picnics and play fields that include an area for owners who want to let their dogs roam off-leash. Using Interstate 5, residents can cross the Tualatin River along Rosewood’s southern bounds and visit Browns Ferry Park, a 28-acre riverside space where they can explore the dense woodland on the Tualatin River Greenway. Those looking to get on the water can also rent a kayak or canoe there. The area also hosts a seasonal art camp for children. The other gem in the area, located about 4 miles northeast of the neighborhood, is the 405-acre Oswego Lake. Although there have been legal debates over general public access to the lake over the years, students in the Lake Oswego School District — which covers Rosewood — may access the Lake Grove Swim Park on the west bay. The park features a pier that children and teens can be seen regularly diving off of during the warmer months.

Pilkington Park in Rosewood features a large meadow next to towering trees.
Pilkington Park in Rosewood features a large meadow next to towering trees.
Brown's Ferry Park features a landmark barn just across the river from Rosewood.
Brown's Ferry Park features a landmark barn just across the river from Rosewood.
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Access to one of Oregon’s best public high schools

Rosewood has access to some stellar schools. They include River Grove Elementary, which is located in the neighborhood and received an A grade from ratings site Niche. For secondary education, there’s Lakeridge Middle School and Lakeridge High School, which also both received an A or higher. The new River Grove Elementary is being built in the same spot as the existing school. The new school will be about 20,000 square feet larger, when not counting the existing portable classroom buildings. Lakeridge High, located in Lake Oswego, is ranked as both the second best public high school and sixth best high school for STEM in Oregon. Lakeridge High students who are science enthusiasts can join the Lake Monsters Robotics Team, which also has students from Lake Oswego High School. The team builds robots and competes against other districts, states and even countries in the international First Robotics Competition.

Lakeridge High School is a four-year secondary school serving Rosewood.
Lakeridge High School is a four-year secondary school serving Rosewood.
River Grove Elementary in Rosewood has a newly renovated campus.
River Grove Elementary in Rosewood has a newly renovated campus.
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Comfortable ranch-styles and some larger Traditionals

Rosewood’s residential blocks feature charming pockets populated by ranch-style houses found below a dense canopy of conifers. Dirt alleys can be seen bypassing between homes, while some residents enjoy neighborhood bike rides under the shade of the towering trees. Price points for the ranch-style houses and bi-levels can go from the lower $700,000s to around $850,000, with overall size playing some role. There are also larger, two-story Traditional style houses that can go for right around $1 million.

Ranch-style homes are common in Rosewood.
Ranch-style homes are common in Rosewood.
Large modern homes can also be found in Rosewood.
Large modern homes can also be found in Rosewood.
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Lake Oswego Festival of the Arts

With part of the neighborhood located in Lake Oswego, Rosewood residents are close to the annual Lake Oswego Festival of the Arts. The event, which draws nearly 25,000 people, takes place the weekend after Father’s Day at the Lakewood Center for the Arts and George Rogers Park, which are both on State Street in the city’s downtown.

I-5 connection to Portland

The neighborhood lies just east of I-5, which provides a direct connection to Portland to the north. Portland and the Portland International Airport are, respectively, about 15 miles and 22 miles north of Rosewood, if traveling on I-5. The WES Commuter Rail, which serves several greater Portland suburbs, has a stop right next to the Tualatin Lake at the Commons. The Legacy Meridian Park Medical Center is located across the Tualatin River from Rosewood.

Yann Ranaivo
Written By
Yann Ranaivo
Anthony Lindsey
Photography Contributed By
Anthony Lindsey
Mallory Nolte
Video By
Mallory Nolte

Agents Specializing in this Area

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Schools

Source:
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 Summer Browner, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Portland International

37 min drive

Bus

Jean Rd & Pilkington

Bus

SW Lower Boones Ferry & Mcewan Rd

Bus

Jean Rd & Jean Way

Crime and Safety

1 - Low Crime, 10 - High Crime Rosewood US
Homicide 1 4
Sexual Assault 2 4
Assault with Weapon 1 4
Robbery 2 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 4 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$705,000
Median Single Family Price
$782,500
Average Price Per Sq Ft
$457
Number of Homes for Sale
9
Last 12 months Home Sales
39
Months of Supply
2.80
Median List Price
$799,950
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
-3%

Home Facts

Number of Homes in Neighborhood
971
Median Year Built
1967
Avg. Single Family Home Size Sq Ft
1,889
On par with the national average
1,937
Median Lot Size Sq Ft
10,454

Open Houses

  • Sunday, May 4
    1:30 - 3:30pm

    5455 Childs Rd, Lake Oswego, OR 97035

    $2,295,000

    • 4 Beds
    • 3.5 Baths
    • 4,020 Sq Ft
    • 5455 Childs Rd
    • New 21 days ago

    Open house 5/4 1:30pm-3:30pm. This beautifully designed Rivergrove home sits tucked back on its spacious, quiet, and private .34-acre lot. The impressive double doors and atrium lead into the home’s naturally light and bright, open floorplan that is ideal for both entertaining and everyday living. With primary suites on both the main and upper levels, it is ideal for multigenerational living or

    Steve Nassar Premiere Property Group, LLC

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  • Sunday, May 4
    12 - 4pm

    5527 SW Childs Rd, Lake Oswego, OR 97035

    $1,029,900

    • 4 Beds
    • 3 Baths
    • 2,982 Sq Ft
    • 5527 SW Childs Rd

    Only 1 remain! The quality & attention to detail you would expect from NINE time Best of Show winner of the Street of Dreams. A spectacular home in a desirable Lake Oswego location. This home offers the turnkey lifestyle one desires with the luxury you expect in Lake Oswego. This home has many desirable features, including Stainless Monogram Pro Appliances that include a double oven, Built-in

    Amanda Andruss Renaissance Development Corp.

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Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Summer Browner, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
2,733
Median Age
45
Population Density
6 ppl/acre
Population under 18
25.3%
On par with the national average
23.8%
Population over 65
23.1%
On par with the national average
19.1%

Finances

Median Household Income
$118,435
Significantly above the national average
$71,702
Average Household Income
$129,226

Education and Workforce

High School Graduates
98.5%
Above the national average
89.1%
College Graduates
56.9%
Above the national average
34.1%
Advanced Degrees
16.1%
% Population in Labor Force
64.1%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
34°F
Average Summer High Temperature
82°F
Annual Snowfall
5''

Area Factors

Bikeable

Bike Score®

60 / 100

Car-Dependent

Walk Score®

42 / 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.

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Reviews

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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.
NEIGHBORHOOD
Rosewood