$1,595,000
$1M PRICE DROP

Estimated payment $10,343/month

Total Views 29,987
4 Beds
4 Baths
3,791 Sq Ft
$421 Price per Sq Ft

Highlights

  • Boathouse
  • Lake Front
  • Deck
  • Westridge Elementary School Rated A+
  • Docks
  • Traditional Architecture

About This Home

Lake Oswego Waterfront - Rare 16,260 sq. ft. lot with more than 85 feet of private lake frontage on tranquil Blue Heron Bay. This property offers an exceptional opportunity to create your signature Lake Oswego waterfront home. Ideally positioned in a peaceful no-wake setting, the calm waters are perfect for paddleboarding, kayaking, or a leisurely boat ride to downtown Lake Oswego for the Farmers Market, shops, restaurants, and community events. This price point allows for endless possibilities. Remodel or reimagine the existing 1938 residence maintaining the enduring character while addressing the issues expected in a 90-year-old home, or design and build a custom residence that fully reflects your vision for waterfront living. With its scale and depth, the property can easily accommodate a full wish list — varied home designs, expansive indoor-outdoor living, entertainment patios, and spaces designed to perfectly frame the wide waterfront views. With easy access to award-winning Lake Oswego schools, restaurants, neighborhood markets including Zupans and New Seasons, the new Lake Oswego Recreation Center, public golf course, parks and green spaces, this Blue Heron Bay property is a rare opportunity to create a signature Lake Oswego waterfront estate in a one of a kind setting.

Listing Agent

Steve Kaer

Kaer Property Group License #791100095 Listed on: 09/24/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,010

Year Built

  • Built in 1938

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 214x82x218x19x66
  • Lake Front
  • Gentle Sloping Lot
  • Private Yard

HOA Fees

  • $252 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Tudor Architecture
  • Brick Exterior Construction
  • Shake Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 3,791 Sq Ft Home
  • 3-Story Property
  • 4 Fireplaces
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Lake Views
  • Laundry Room

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Stainless Steel Appliances
  • Tile Countertops

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub

Partially Finished Basement

  • Exterior Basement Entry
  • Basement Storage

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Boathouse
  • Docks
  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • $7,500 One-Time Secondary Association Fee

Listing and Financial Details

  • Assessor Parcel Number Not Found

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,010

Year Built

Built in 1938

Lot Details

0

HOA Fees

$252 per month

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 1938
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Traditional, Tudor
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: BuiltinFeatures,Fireplace
  • Room 11 Features: BuiltinFeatures,Dishwasher,EatingArea,ExteriorEntry,GasAppliances
  • Room 12 Features: BuiltinFeatures,Deck,Fireplace,HardwoodFloors
  • Room 13 Features: BuiltinFeatures,Fireplace
  • Room 9 Features: BuiltinFeatures,Fireplace,HardwoodFloors
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: MainFloorBedroomBath
  • Total Bathrooms: 4.0
  • Fireplaces: 4
  • Interior Amenities: GarageDoorOpener, HardwoodFloors, JettedTub, Laundry, WalltoWallCarpet, WoodFloors
  • Room 4 Description: _4thBedroom
  • Room 4 Features: HardwoodFloors
  • Room 4 Level: Main
  • Room 5 Description: Laundry
  • Room 5 Level: Lower
  • Basement: ExteriorEntry, PartiallyFinished, StorageSpace
  • Appliances: Dishwasher, FreeStandingGasRange, FreeStandingRefrigerator, GasAppliances, StainlessSteelAppliance, Tile
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt15000to19999
  • Other Room10 Area: 216
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 165
  • Fifth Bedroom Area: 56
  • Bedroom 7 Area: 156
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 117
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 216
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Brick,ShakeSiding,WoodSiding
  • Exterior Features: BoatHouse, Deck, Dock, Yard
  • Lot Size: 15,000 to 19,999 SqFt
  • Waterfront: Yes
  • View: Yes
  • Lot Features: GentleSloping
  • Road Surface Type: Paved
  • Water Body Name: Lake Oswego
  • Waterfront Features: Lake
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Shake
  • View: Lake

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • 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: 3023.0
  • Association Fee Frequency: Annually
  • Association: No

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.37
  • Lot Size: 214x82x218x19x66
  • Lot Size Sq Ft: 16117.0
  • Parcel #: Not Found

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 20010.38

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 $20,010 $1,039,349 -- --
2023 $20,010 $1,009,077 $0 $0
2022 $18,846 $979,687 $0 $0
2021 $17,407 $951,153 $0 $0
2020 $16,969 $923,450 $0 $0
2019 $16,552 $896,554 $0 $0
2018 $15,740 $870,441 $0 $0
2017 $15,188 $845,088 $0 $0
2016 $13,827 $820,474 $0 $0
2015 $13,359 $796,577 $0 $0
2014 $13,186 $773,376 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Price Changed $1,595,000 -5.9% $421 / Sq Ft
07/25/2025 07/25/25 Price Changed $1,695,000 -9.6% $447 / Sq Ft
05/28/2025 05/28/25 Price Changed $1,875,000 -3.8% $495 / Sq Ft
03/24/2025 03/24/25 Price Changed $1,950,000 -6.9% $514 / Sq Ft
02/04/2025 02/04/25 Price Changed $2,095,000 -4.6% $553 / Sq Ft
01/02/2025 01/02/25 Price Changed $2,195,000 0.0% $579 / Sq Ft
01/02/2025 01/02/25 For Sale $2,195,000 -7.6% $579 / Sq Ft
12/24/2024 12/24/24 Off Market $2,375,000 -- --
12/05/2024 12/05/24 Price Changed $2,375,000 -4.0% $626 / Sq Ft
10/04/2024 10/04/24 Price Changed $2,475,000 -8.2% $653 / Sq Ft
09/24/2024 09/24/24 For Sale $2,695,000 -- $711 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $768,557 Fidelity Natl Title Co Of Or
Individual Deed $658,600 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $774,029 New Conventional
Closed $712,500 Unknown
Closed $120,500 Stand Alone Second
Closed $614,800 Purchase Money Mortgage
Previous Owner $400,000 No Value Available
Closed $115,250 No Value Available
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24181309

Regional Multiple Listing Service (RMLS)

APN: 00320708