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Lake Road

Lake Road

Suburban Neighborhood in Milwaukie, Oregon

Clackamas County 97222
$598,555 Average Value
$235 Average Price per Sq Ft
6 Homes For Sale

Commuter-friendly neighborhood with an active association

Lake Road, a neighborhood less than 10 miles from downtown Portland, exemplifies suburban convenience and tranquility. Though home to over 3,500 people, the community stays connected through the neighborhood association, giving it a small-town feel that appeals to potential homebuyers looking for a commuter-friendly place to live. “It’s the location and the tight-knit community. The location is good, which is an old cliché, but it’s a super quick hop onto a freeway,” explains Jennifer Parral of Oregon First, an agent living in the Portland area for over 10 years and actively selling homes in the Lake Road community.

Well-maintained properties a step outside downtown Milwaukie

Condo buildings in wooded settings, traditional architecture and ranch-style homes line the residential streets of Lake Road. Similarly sized grassy lots border the sidewalk’s edge throughout the community, and concrete driveways accompany each home. Yards are well-maintained, and many feature ornate shrubbery. With Mount Scott and Kellogg Creek acting as the neighborhood’s southern border, some backyards offer a relaxing space that feels distanced from the city limits or the heart of Milwaukie. Two-bedroom condo units typically cost between $180,000 and $250,000, while larger units cost closer to $300,000. On the other hand, single-family homes start around $485,000 and extend up to $600,000, with price dependent on square footage.
Ranch-style homes line many Lake Road streets.
Ranch-style homes line many Lake Road streets.
Traditional architecture adds a modern flare to the community.
Traditional architecture adds a modern flare to the community.
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Walkable schools in North Clackamas School District

Part of North Clackamas School District, the neighborhood benefits from one of the 20 most diverse schools in the state, according to Niche. “The number one thing I usually hear when I have an open house is that they’re moving here for the school,” Parral says. “Older people raised their kids there, and now there’s a new generation of families moving in.” Students begin at Milwaukie Elementary, which earns a C-plus, and transition to Rowe Middle, a C-graded school. From here, students attend Milwaukie High, which earns a B-minus and includes Milwaukie Academy of the Arts. No matter where students are enrolled, all three schools are within a 2-mile radius of Lake Road.

Wetlands in the north and a new park along Kellogg Creek

Though located near downtown Milwaukie, Lake Road keeps green spaces close. Minthorn North Natural Area provides a space for birdwatching and gazing at wetlands, while Century Park offers a space to play sports or climb on the playground. By the close of 2024, Bowman-Brae Park will include picnic tables and a playground near Kellogg Creek. For those looking for longer walking trails, the 3-Creeks Natural Area sits less than 2 miles northeast and has almost 90 miles of wetland habitats to explore.

Picnics close to home, festivals in Portland

Residents get the opportunity to participate in activities right in the neighborhood or in the surrounding cities. The neighborhood association holds events from picnics to parties throughout the year, in addition to its clean-up efforts for local parks. For fun outside Lake Road, residents can reach annual events like the Umbrella Parade and regularly scheduled activities like Teen Game Night at Ledding Library within a mile. For access to music and food festivals, downtown Portland is less than 10 miles away.

From organic eats at Bob’s Red Mill to classic American cuisine

Lake Road includes both organic food stores and national chains. Bob’s Red Mill, a nationally recognized brand, has a local market with bulk foods and an attached restaurant in the neighborhood. For a more extensive selection of stores, Milwaukie Marketplace features retailers like Rite Aid just south of Providence Milwaukie Hospital, and Safeway includes fresh produce and grocery needs a mile from the shopping center. For dining out, Jo’s Saloon & Eatery serves American favorites along Southeast International Way, and Shari’s Café and Pies features classic diner food with a view of the duck pond.
MAX Orange Line serves the Milwaukie area.
MAX Orange Line serves the Milwaukie area.

Taking the MAX across Tilikum Crossing Bridge

Whether commuting to work or traveling for leisure, Lake Road ensures residents are always close to their next destination. The Metropolitan Area Express, known locally as the MAX, serves the Milwaukie area, linking Lake Road to Portland via light rail. Residents can walk or bus to the Milwaukie Station within a mile, and the MAX Orange Line offers trips into Portland every 15 minutes. To drive into the city, the Milwaukie Expressway connects to southeast McLoughlin Boulevard, or Highway 99E, allowing residents to reach the Hawthorne Bridge in about 8 miles. For travels outside Oregon, Portland International Airport, located along the Columbia River, sits about 15 miles north.
Andrew Moreno
Written By
Andrew Moreno
John Othic
Photography Contributed By
John Othic
Kellan Beaver
Video By
Kellan Beaver

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 Daniel Silvey, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Portland International

25 min drive

Bus

SE 34th & Sellwood

Bus

SE Lake & 51st

Bus

SE Lake & Boss

Bus

SE Lake & 36th

Bus

SE Lake & 31st Pl

Bus

SE Lake & Lena & 51st

Bus

SE Lake & Kuehn Rd

Crime and Safety

1 - Low Crime, 10 - High Crime Lake Road US
Homicide 2 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 5 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Lake Road Demographics and Home Trends

Housing Trends

Median List Price
$369,950
Median Sale Price
$385,000
Median Single Family Sale Price
$385,000
Median 2 Bedroom Sale Price
$325,000
Median Change From 1st List Price
13%
Last 12 months Home Sales
10
Median Home Sale Price YoY Change
31%
Average Price Per Sq Ft
$235

Neighborhood Facts

Number of Homes in Neighborhood
1,232
Number of Homes for Sale
6
Median Year Built
1972
Months of Supply
7.20
Average Single Family Home Size Sq Ft
2,107
Above the national average
1,924
Average 2 Bedroom Size Sq Ft
896
Average 1 Bedroom Size Sq Ft
792
Median Lot Size Sq Ft
8,712

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

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

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
3,672
Median Age
44
Population Density
5 ppl/acre
Population under 18
19.2%
On par with the national average
23.8%
Population over 65
23.7%
On par with the national average
19.1%

Finances

Median Household Income
$81,622
Above the national average
$71,702
Average Household Income
$107,224

Education and Workforce

High School Graduates
95.6%
Above the national average
89.1%
College Graduates
47.4%
Above the national average
34.1%
Advanced Degrees
16.8%
% Population in Labor Force
66.5%

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®

40 / 100

Car-Dependent

Walk Score®

36 / 100

Some Transit

Transit Score®

35 / 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
Lake Road