$4,995,000
NEW CONSTRUCTION $500K PRICE DROP

Estimated payment $26,940/month

Total Views 18,558
4 Beds
5.5 Baths
5,964 Sq Ft
$838 Price per Sq Ft

Highlights

  • New Construction
  • In Ground Pool
  • View of Trees or Woods
  • Forest Hills Elementary School Rated A
  • Custom Home
  • Heated Floors

About This Home

Welcome to Rustique Raffine, your dream estate within the highly sought after luxury development, Oswego Reserve, the anchor site of the 2025 Street of Dreams and Oregon's most anticipated custom luxury community of just 9 homesites sprawling over 7.26 acres. This luxury residence seamlessly blends modern elegance with the relaxed charm of Old World France, creating a timeless aesthetic that combines organic elements with refined sophistication. Presented by multi-year best of show NW Natural Street of Dreams Builder, This expansive 5,964 square-foot home features an open-concept design, grand vaulted ceilings, and natural wood details . French oak flooring, over-grouted stone accents and expansive windows throughout, create a seamless blend of natural elements and modern luxury. The kitchen is a culinary haven, featuring natural leathered quartzite countertops, rift oak cabinetry, stone accents, gorgeous arched windows, luxury appliances and a thoughtfully designed butlers pantry for added convenience. The grand living room presents a striking stone fireplace with concrete plaster accents, built-in rift oak cabinets, and an expansive sliding door, excellent for indoor-outdoor living use. The spacious primary suite is a retreat of its own, with large windows, a floor-to-ceiling stone fireplace, custom lighting and a luxurious spa-like bathroom. With main level living, three additional on-suite bedrooms, a dedicated office and a mud room, this home is designed for both functionality and comfort. The lower level of this home is designed to captivate and indulge, evoking timeless and surprising elements at every turn. Ideally situated on an expansive 0.87 acre lot, backing to a lush green space, this property presents the perfect opportunity to design your private & personal outdoor sanctuary. Ideally located in Lake Oswego's esteemed Forest Highlands neighborhood, just minutes to vibrant amenities, championship golf, shopping, dining, trails & more!

Listing Agent

Kevin Hall

Cascade Hasson Sotheby's International Realty License #201207799 Listed on: 01/08/2025

Cascade Hasson Sotheby's International Realty

Co-Listing Agent

Jennifer Nash

Cascade Hasson Sotheby's International Realty License #201223506

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,367

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.87 Acre Lot
  • Level Lot
  • Wooded Lot
  • Private Yard

Parking

  • 3 Car Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway

Home Design

  • Proposed Property
  • Custom Home
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,964 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • 3 Fireplaces
  • Gas Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Views of Woods
  • Natural lighting in basement
  • Laundry Room

Kitchen

  • Double Oven
  • Built-In Range
  • Built-In Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • Soaking Tub
  • Walk-in Shower
  • Built-In Bathroom Cabinets

Accessible Home Design

  • Low Kitchen Cabinetry
  • Accessibility Features
  • Accessible Entrance

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Porch

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Forest Hills Elementary School
  • Lake Oswego Middle School
  • Lake Oswego High School

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Forest Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number New Construction

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,367

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2025
  • Property Condition: Proposed
  • New Construction Builders Required Addendums: Yes
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: Yes
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: n/a
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: CustomStyle
  • New Construction: Yes
  • Property Attached Yn: No
  • Current Price For Status: 4995000.0
  • Open House: No
  • Room 10 Features: Fireplace,Patio,SlidingDoors
  • Room 11 Features: BuiltinFeatures,GourmetKitchen,Island,Pantry
  • Room 13 Features: Fireplace
  • Room 9 Features: Patio,SlidingDoors
  • Room14Features: BuiltinFeatures,Fireplace,Patio,SlidingDoors
  • Room 14 Level: Main
  • Special Features: NewHome

Interior Features

  • Accessibility Features: AccessibleEntrance, BathroomCabinets, CaregiverQuarters, GarageonMain, KitchenCabinets, MainFloorBedroomBath, WalkinShower
  • Total Bathrooms: 5.1
  • Fireplaces: 3
  • Interior Amenities: EngineeredHardwood, Furnished, GarageDoorOpener, HeatedTileFloor, HighCeilings, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit, SoakingTub, VaultedCeiling, WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Main
  • Room 5 Description: Den
  • Room 5 Features: BuiltinFeatures
  • Room 5 Level: Main
  • Room 6 Level: Lower
  • Basement: Daylight
  • Appliances: BuiltinRange, BuiltinRefrigerator, Dishwasher, Disposal, DoubleOven, GasAppliances, Pantry, Quartz
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 4
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 4.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt20000toAcres1
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: HardConcreteStucco,Stone,WoodSiding
  • Exterior Features: Deck, InGroundPool, Patio, Porch, Yard
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: GentleSloping, Level, Private, Wooded
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition, Metal
  • View: TreesWoods

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tankless
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Forest Hills
  • High School: Lake Oswego
  • Middle Or Junior School: Lake Oswego

Lot Info

  • Farm: No
  • Land Lease: No
  • Lot Size Acres: 0.87
  • Lot Size Sq Ft: 37897.0
  • Parcel #: New Construction

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7367.43
  • Tax Opportunity Zone: No

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2025 08/20/25 Pending -- -- --
03/17/2025 03/17/25 Price Changed $4,995,000 +234.1% $838 / Sq Ft
03/17/2025 03/17/25 Price Changed $1,495,000 +7.2% --
01/08/2025 01/08/25 For Sale $1,395,000 -74.6% --
01/08/2025 01/08/25 For Sale $5,495,000 +293.9% $921 / Sq Ft
01/08/2025 01/08/25 Off Market $1,395,000 -- --
01/06/2025 01/06/25 For Sale $1,500,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 497852543

Regional Multiple Listing Service (RMLS)