$2,900,000
NEW CONSTRUCTION

Estimated payment $16,253/month

Total Views 2,833
5 Beds
4.5 Baths
4,114 Sq Ft
$705 Price per Sq Ft

Highlights

  • Under Construction
  • Custom Home
  • Built-In Refrigerator
  • Forest Hills Elementary School Rated A
  • Heated Floors
  • Seasonal View

About This Home

Exceptional Design Meets Prime Location – New BP Properties Home in Forest Highlands. This stunning NW Contemporary home blends a moody, modern palette with elevated craftsmanship in one of Lake Oswego’s most coveted neighborhoods. Featuring 5 bedrooms, 4.1 baths—including two ensuite bedrooms—and expansive vaulted spaces throughout, this home offers luxury at every turn. The great room impresses with 10.5–11’ ceilings, exposed beams, slat wall accents, custom cabinetry, and a striking slab porcelain fireplace. The chef’s kitchen includes a pot filler, farmhouse sink, chilled water purifier, Monogram appliance package with 48” dual-fuel range and refrigerator, and a spacious scullery plus walk-in pantry with barn door access. The main-level primary suite boasts engineered hardwood, a spa-style bath with heated floors, walk-in shower with 3-piece spray, heated towel bar, taupe soaking tub, lighted mirrors, and full-height tile finishes. Additional highlights include an upstairs laundry with tile bench, multi-panel slider to covered back deck, metal/composition roof with rich hickory-stained cedar accents, and oversized 3-car garage. Minutes to downtown LO, the Country Club, and top-rated Lake Oswego schools. Targeting August 2025 for completion.

Listing Agent

Tracy Peterson

Better Homes & Gardens Realty License #930300047 Listed on: 06/13/2025

Better Homes & Gardens Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,886

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees
  • Private Yard

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Seasonal
  • Territorial

Home Design

  • Custom Home
  • Contemporary Architecture
  • Composition Roof
  • Metal Roof
  • Lap Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 4,114 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Butlers Pantry
  • Double Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops
  • Tile Countertops
  • Disposal
  • Pot Filler

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

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
  • Water Purifier
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Forest Highlands Subdivision

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 00204923

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,886

Year Built

Built in 2025 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 2
  • Warranty: BuilderWarranty
  • Year Built: 2025
  • Property Condition: UnderConstruction
  • New Construction Builders Required Addendums: No
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: No
  • New Construction Oregon C C B Notices Attached: Yes
  • New Construction Permit Number: City of Lake Oswego
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: CustomStyle, NWContemporary
  • New Construction: Yes
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: BuiltinRange,BuiltinRefrigerator,Dishwasher,GourmetKitchen,Island,Pantry
  • Room14Features: BeamedCeilings,BuiltinFeatures,FireplaceInsert,SlidingDoors
  • Room 14 Level: Main
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 4.1
  • Fireplaces: 2
  • Interior Amenities: CeilingFan, EngineeredHardwood, GarageDoorOpener, HeatedTileFloor, HighCeilings, HighSpeedInternet, HookupAvailable, JettedTub, Laundry, Quartz, SoakingTub, Sprinkler, TileFloor, VaultedCeiling, Wainscoting, WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Room 5 Description: _5thBedroom
  • Room 5 Level: Upper
  • Room 6 Description: BonusRoom
  • Room 6 Level: Upper
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows
  • Appliances: BuiltinRange, BuiltinRefrigerator, ButlersPantry, Dishwasher, Disposal, DoubleOven, ENERGYSTARQualifiedAppliances, GasAppliances, Island, Microwave, Pantry, PotFiller, Quartz, RangeHood, StainlessSteelAppliance, Tile, WaterPurifier, WineCooler
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 3
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 3.0
  • Lot Size Range: SqFt10000to14999
  • Room 11 Level: Main
  • Room 13 Level: Main
  • Additional Room 1 Description: Den
  • Additional Room 1 Level: Main
  • SecondBedroom Area: 78
  • Additional Room 2 Description: Laundry
  • Additional Room 2 Features: BuiltinFeatures
  • Bedroom 2 Level: Main
  • Fourth Bedroom Area: 154
  • Fifth Bedroom Area: 99
  • Bedroom 6 Area: 270
  • Bedroom 7 Area: 132
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 144
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 154
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,LapSiding
  • Exterior Features: CoveredPatio, Fenced, GasHookup, OutdoorFireplace, Patio, PublicRoad, Sprinkler, Yard
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, Private, PublicRoad, Seasonal, Trees
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition, Metal
  • View: Seasonal,Territorial

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
  • Internet Service Type: FiberOptics
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ENERGYSTARQualifiedEquipment, 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

  • Land Lease: No
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761.0
  • Parcel #: 00204923

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6886.23

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,886 $357,674 -- --
2023 $6,886 $347,257 $0 $0
2022 $6,486 $337,143 $0 $0
2021 $5,990 $327,324 $0 $0
2020 $5,840 $317,791 $0 $0
2019 $5,696 $308,535 $0 $0
2018 $5,417 $299,549 $0 $0
2017 $5,227 $290,824 $0 $0
2016 $4,758 $282,353 $0 $0
2015 $4,597 $274,129 $0 $0
2014 $4,538 $266,145 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 For Sale $2,900,000 +264.8% $705 / Sq Ft
06/05/2024 06/05/24 Sold $795,000 -6.4% $279 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/03/2024 04/03/24 Price Changed $849,000 -5.6% $298 / Sq Ft
03/12/2024 03/12/24 For Sale $899,000 -- $316 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $795,000 None Listed On Document
Bargain Sale Deed -- None Listed On Document
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,900,000 Credit Line Revolving
Closed $596,200 Construction
Previous Owner $130,000 Future Advance Clause Open End Mortgage
Previous Owner $80,000 Credit Line Revolving
Previous Owner $98,000 Credit Line Revolving
Previous Owner $95,000 Credit Line Revolving
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24205629

Regional Multiple Listing Service (RMLS)

APN: 00204923