Why Live in Lake Cavanaugh
Nestled in the woodsy southeast region of Skagit County, the Lake Cavanaugh neighborhood in Oso is known for its serene lake views and tight-knit community. With 504 homes and approximately 115 full-time residents, this area fosters a sense of familiarity among neighbors. The 844-acre lake serves as the focal point, offering breathtaking mountain views and recreational activities such as fishing, boating, waterskiing, and power boating. The community is actively involved in preserving the natural landscape, with many residents participating in The Lake Cavanaugh Trust to protect nearby Frailey Mountain from logging. Homes in Lake Cavanaugh are primarily lakeside cabins with private docks, providing picturesque views and direct access to the water. The neighborhood is characterized by its quiet streetscape, with no major roads nearby, ensuring a peaceful environment.
Residents often engage in community events organized by the Lake Cavanaugh Improvement Association, including the Once Around the Lake Fun Run and the Lake Cavanaugh Fun Fest. For dining and shopping, locals travel to nearby towns such as Arlington, 19 miles south, which features the highly praised Bistro San Martín, and Burlington, 25 miles northwest, home to Train Wreck Bar & Grill. Essential services like grocery stores and hospitals are also located in these neighboring towns, with a Safeway in Arlington and Cascade Valley Hospital 20 miles south. Despite the lack of an HOA, the community remains well-maintained, with volunteer efforts supporting the local fire department and other initiatives. While schools are located outside the neighborhood, students have access to educational institutions and opportunities for college courses through Skagit Valley College and Central Washington University.
Frequently Asked Questions
Is Lake Cavanaugh a good place to live?
Lake Cavanaugh is a good place to live. Lake Cavanaugh is considered very car-dependent and somewhat bikeable. It is sparse in population with 0.6 people per acre and a median age of 51. The average household income is $94,084 which is below the national average. College graduates make up 36.5% of residents. A majority of residents in Lake Cavanaugh are home owners, with 12.9% of residents renting and 87.1% of residents owning their home. A
local real estate agent serving Lake Cavanaugh can help you decide if this neighborhood is the right one for you. Learn more on our
Lake Cavanaugh neighborhood guide.
How much do you need to make to afford a house in Lake Cavanaugh?
The median home price in Lake Cavanaugh is $506,000. If you put a 20% down payment of $101,200 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,620 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $112K a year to afford the median home price in Lake Cavanaugh. The average household income in Lake Cavanaugh is $94K.
What are the best public schools in Lake Cavanaugh?
The best public schools that serve Lake Cavanaugh are:
What are the most popular zip codes in Lake Cavanaugh, Oso, WA?
What are the most popular neighborhoods near Lake Cavanaugh, Oso, WA?
Home Trends in Lake Cavanaugh, WA
On average, homes in Lake Cavanaugh, Oso sell after 22 days on the market compared to the national average of 70 days. The median sale price for homes in Lake Cavanaugh, Oso over the last 12 months is $506,000.
Median Sale Price
$506,000
Median Single Family Sale Price
$506,000
Average Price Per Sq Ft
$225
Number of Homes for Sale
2
Last 12 months Home Sales
11
Median List Price
$506,000
Median Change From 1st List Price
0%
