$2,185,000
OPEN SAT 2PM - 4PM $115K PRICE DROP

Estimated payment $13,153/month

Total Views 10,215
3 Beds
3.5 Baths
2,551 Sq Ft
$857 Price per Sq Ft

Highlights

  • Lake Front
  • Docks
  • Reclaimed Wood Flooring
  • Westridge Elementary School Rated A+
  • Traditional Architecture
  • Outdoor Fireplace

About This Home

Tucked gracefully above the canal, this one-of-a-kind waterfront residence blends timeless 1930s cottage charm with modern, high-end enhancements. Originally built in 1935, the home underwent an architect-led transformation in 2010 by Susan Collard, known for her sensitive approach to historic remodels, in collaboration with respected local builder Mike Mertes of Britewood Construction.The reimagined design added a second story featuring a serene primary suite with an en-suite bath and a reading nook. The main level was reconfigured to include a second full bathroom.Character was preserved throughout with custom fir trim, built-ins, and carefully matched windows, creating a seamless blend between old and new. The heart of the home—a beautifully designed kitchen with walk-in pantry—was built with both hospitality and heritage in mind. The previously unfinished basement was fully excavated and finished with poured concrete walls and floors—bringing functionality to the lower level.The original garage, previously converted to an office, has been thoughtfully remodeled into an inviting guest suite with its own bathroom. Highlights include a locally crafted metal sink, heated marble tile floors, and a cozy gas fireplace, creating a private retreat with architectural flair.In 2018, an additional detached studio was designed and built at the water’s edge—perfect for art, carpentry, or quiet reflection. A private dock with an electric boat lift was added for effortless access to the lake lifestyle.Lush, layered landscaping and bespoke stonework, created by Rick Hansen of Pacific Garden and Waterworks, frame the property with natural elegance and privacy, completing this truly special lakeside escape. Enjoy boating, canoeing or paddle boarding to the Farmer’s Market, dining lakeside, or catching a movie across the bay. Access to parks, along with nearby coffee shops and markets, makes everyday living feel like a retreat.** EV charger located along parking pad **

Listing Agent

Sara Jones Graham

Cascade Hasson Sotheby's International Realty License #201225629 Listed on: 06/06/2025

Cascade Hasson Sotheby's International Realty

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,112

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Lake Front
  • Terraced Lot
  • Sprinkler System

HOA Fees

  • $225 Monthly HOA Fees

Property Views

  • Lake
  • Woods

Home Design

  • Traditional Architecture
  • Cottage
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,551 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • High Ceiling
  • 2 Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Workshop
  • Partial Basement

Kitchen

  • Walk-In Pantry
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Cooking Island
  • Disposal

Flooring

  • Reclaimed Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • Solar Tube

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Parking Pad
  • Workshop in Garage
  • Driveway
  • Controlled Entrance

Outdoor Features

  • Docks
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Shed

Schools

  • Westridge Elementary School
  • Lakeridge Middle School
  • Lakeridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Tankless Water Heater
  • High Speed Internet

Community Details

  • $7,500 One-Time Secondary Association Fee
  • Lake Oswego Corporation Association, Phone Number (503) 636-1422
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Assessor Parcel Number 00322396

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,112

Year Built

Built in 1935 | Remodeled

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 3
  • Year Built: 1935
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Cottage, Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Open House: Yes
  • Room 10 Features: Fireplace,HardwoodFloors
  • Room 11 Features: CookIsland,Dishwasher,EatBar,KitchenDiningRoomCombo,Pantry
  • Room 12 Features: ExteriorEntry,HardwoodFloors,LivingRoomDiningRoomCombo
  • Room 13 Features: Balcony,BuiltinFeatures,HardwoodFloors,Nook
  • Room 7 Features: BuiltinFeatures,HardwoodFloors
  • Room 9 Features: BuiltinFeatures,HardwoodFloors,LivingRoomDiningRoomCombo
  • Special Features: OpenHouse

Interior Features

  • Total Bathrooms: 3.1
  • Fireplaces: 2
  • Interior Amenities: HardwoodFloors, HighCeilings, Laundry, ReclaimedMaterial, SolarTube, TileFloor, WasherDryer
  • Room 4 Description: GuestQuarters
  • Room 4 Features: ExteriorEntry,Fireplace
  • Room 4 Level: Main
  • Room 5 Description: Workshop
  • Room 5 Features: BuiltinFeatures,ExteriorEntry
  • Room 5 Level: Main
  • Room 6 Description: Laundry
  • Room 6 Features: BuiltinFeatures
  • Room 6 Level: Lower
  • Basement: PartialBasement
  • Window Features: VinylFrames
  • Appliances: BuiltinOven, CookIsland, Cooktop, Dishwasher, Disposal, FreeStandingRefrigerator, GasAppliances, Pantry, StainlessSteelAppliance
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Gas
  • Fireplace: Yes
  • Association Contact: Lake Oswego Corporation
  • Main Level Full Bathrooms: 2
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt7000to9999
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: CoveredPatio, Dock, GuestQuarters, OutdoorFireplace, Patio, Sprinkler, ToolShed, Workshop
  • Lot Size: 7,000 to 9,999 SqFt
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: GentleSloping, Terraced
  • Road Surface Type: Paved
  • Water Body Name: Oswego Lake Canal
  • Waterfront Features: Lake
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Lake,TreesWoods

Garage/Parking

  • Parking Description: Driveway, ParkingPad
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Tankless
  • Internet Service Type: Cable
  • Security: Entry
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 7500.0
  • Association #2 Fee Frequency: OneTime
  • Association Fee: 2700.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Oswego Corporation
  • Phone: 503-636-1422
  • Association: Yes
  • Association Email: info@lakecorp.com

Association/Amenities

  • AssociationAddress: 698 McVey Ave Lake Oswego, OR 97034
  • AssociationPendingLitigationYN: Unknown
  • AssociationStatus: Active

Schools

  • Elementary School: Westridge
  • High School: Lakeridge
  • Middle Or Junior School: Lakeridge

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 00322396

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 16111.86

Map

Range of Values:

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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 $16,112 $836,858 -- --
2023 $16,112 $812,484 $0 $0
2022 $15,175 $788,820 $0 $0
2021 $14,016 $765,845 $0 $0
2020 $13,663 $743,539 $0 $0
2019 $13,327 $721,883 $0 $0
2018 $12,524 $692,561 $0 $0
2017 $12,220 $679,937 $0 $0
2016 $11,125 $660,133 $0 $0
2015 $10,748 $640,906 $0 $0
2014 $10,609 $622,239 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $2,185,000 -5.0% $857 / Sq Ft
06/06/2025 06/06/25 For Sale $2,300,000 -- $902 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Or
Warranty Deed $565,000 Fidelity Natl Title Co Of Or
Warranty Deed $500,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 New Conventional
Closed $333,700 Purchase Money Mortgage
Previous Owner $300,700 No Value Available
Closed $99,300 No Value Available
Closed $118,300 No Value Available
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 606849344

Regional Multiple Listing Service (RMLS)

APN: 00322396