$2,595,000
NEW CONSTRUCTION $400K PRICE DROP

Estimated payment $14,230/month

Total Views 7,324
5 Beds
4.5 Baths
5,640 Sq Ft
$460 Price per Sq Ft

Highlights

  • Fitness Center
  • Home Theater
  • Lap Pool
  • Stephenson Elementary School Rated A-
  • New Construction
  • 1-minute walk to Nansen Summit Park

About This Home

Sitting atop the highest point in Lake Oswego lies “Summit 18,” a signature home in the 2025 Street of Dreams. Built by award-winning Elite Development PNW, this 5,640-square-foot residence captures commanding views from the top of Mount Sylvania—offering a rare blend of elevation, elegance, and design excellence. From the moment you arrive, it’s clear no detail was spared. Thoughtfully designed across three levels and connected by a custom elevator, Summit 18 features five bedrooms and four and a half baths, with a layout that balances grand scale with comfortable livability. The main level hosts a gourmet kitchen equipped with a built-in refrigerator, double ovens, gas range, and a statement island—all open to light-filled living spaces with high ceilings, wide-plank hardwood floors, and a sleek gas fireplace. Every surface and finish was chosen with intention. Upstairs, the primary suite provides a retreat-like experience with large picture windows, a spa-inspired bathroom with a soaking tub, heated tile floors, and a generous walk-in closet. Additional bedrooms offer flexibility for guests, home office, or multi-generational living. The lower level adds more room to entertain or unwind—ideal for a home theater, gym, or bonus space—with full bath access and seamless flow to the outdoors. Located in the desirable Mountain Park community, residents enjoy access to a private gym, lap pool, sport courts, and scenic trails. With a gently sloping lot, three-car garage, and panoramic views stretching over the city and surrounding hills, Summit 18 is more than just a home—it’s a statement of modern luxury at elevation.

Listing Agent

Zach Foushee

Harnish Company Realtors Brokerage Email: harnish@harnishproperties.com License #201223862 Listed on: 07/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,232

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.33 Acre Lot
  • Fenced
  • Landscaped
  • Gentle Sloping Lot
  • Sprinkler System
  • Private Yard

HOA Fees

  • Property has a Home Owners Association

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Lap Siding
  • Cultured Stone Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,640 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Natural Light
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Accessibility Features

Eco-Friendly Details

  • On Site Stormwater Management

Outdoor Features

  • Lap Pool
  • Deck
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Stephenson Elementary School
  • Jackson Middle School
  • Ida B Wells High School

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Municipal Trash
  • High Speed Internet

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number R222920

Community Details

Overview

  • Mountain Park Home Owners Association, Phone Number (503) 635-3561

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,232

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$102 per month

Parking

3

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 3
  • Warranty: BuilderWarranty
  • Year Built: 2025
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: No
  • 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: 499-23-003180-DWL
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: NWContemporary
  • New Construction: Yes
  • Property Attached Yn: No
  • Current Price For Status: 2595000.0
  • Open House: No
  • Room 11 Features: BuiltinRange,BuiltinRefrigerator,CentralVacuum,Dishwasher,HardwoodFloors,Island,Microwave,Patio
  • Room 13 Features: Deck,HardwoodFloors
  • Room 7 Features: HardwoodFloors,Patio
  • Room 8 Features: HardwoodFloors
  • Room 9 Features: HardwoodFloors,KitchenDiningRoomCombo,Patio
  • Room14Features: CentralVacuum,Fireplace,HardwoodFloors
  • Room 14 Level: Main
  • Special Features: 4098

Interior Features

  • Accessibility Features: AccessibleElevatorInstalled, AccessibleHallway, NaturalLighting, WalkinShower
  • Total Bathrooms: 4.1
  • Fireplaces: 1
  • Interior Amenities: Floor3rd, CentralVacuum, Elevator, GarageDoorOpener, HardwoodFloors, HeatedTileFloor, HighCeilings, Laundry, Quartz, SoakingTub, SoundSystem, TileFloor, VaultedCeiling, WasherDryer
  • Room 4 Description: Office
  • Room 4 Features: BuiltinFeatures,HardwoodFloors
  • Room 4 Level: Main
  • Room 5 Description: MediaRoom
  • Room 5 Features: BuiltinFeatures,FrenchDoors,HardwoodFloors
  • Room 5 Level: Lower
  • Room 6 Description: _4thBedroom
  • Room 6 Features: HardwoodFloors
  • Room 6 Level: Upper
  • Basement: Daylight, FullBasement
  • Window Features: DoublePaneWindows
  • Appliances: BuiltinOven, BuiltinRange, BuiltinRefrigerator, ButlersPantry, Cooktop, Dishwasher, Disposal, DoubleOven, GasAppliances, Island, Microwave, Quartz, RangeHood, StainlessSteelAppliance, Tile, WineCooler
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Association Contact: Brady Parkvold
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt10000to14999
  • Room 11 Level: Main
  • Room 13 Level: Upper
  • 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: CulturedStone,LapSiding
  • Exterior Features: BuiltinBarbecue, CoveredPatio, Deck, Fenced, GasHookup, OnSiteStormwaterManagement, Patio, PublicRoad, Sprinkler, Yard
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: GentleSloping
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition
  • View: City,Mountain,Territorial

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tank
  • Internet Service Type: Cable
  • Security: SecuritySystemOwned
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: AllLandscaping, Gym, LapPool, Pool, Trash
  • Senior Community: No
  • Association Fee: 612.0
  • Association Fee Frequency: SemiAnnually
  • Association Name: Mountain Park Home Owners Association
  • Phone: 503-635-3561
  • Association: Yes
  • Association Email: service@mtparkhoa.com

Association/Amenities

  • AssociationAddress: 2 Mt. Jefferson Terrace Lake Oswego, Oregon 97035
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Stephenson
  • High School: Ida B Wells
  • Middle Or Junior School: Jackson

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14374.0
  • Parcel #: R222920

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 6231.5

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
2025 $6,232 $276,090 $276,090 --
2024 $5,829 $268,050 $268,050 --
2023 $5,845 $260,250 $260,250 $0
2022 $5,657 $252,670 $0 $0
2021 $5,451 $245,320 $0 $0
2020 $5,051 $238,180 $0 $0
2019 $4,971 $231,250 $0 $0
2018 $4,856 $224,520 $0 $0
2017 $4,633 $217,990 $0 $0
2016 $4,255 $211,650 $0 $0
2015 $4,191 $205,490 $0 $0
2014 $4,021 $199,510 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 Price Changed $2,595,000 -7.2% $460 / Sq Ft
09/09/2025 09/09/25 Price Changed $2,795,000 -5.9% $496 / Sq Ft
08/20/2025 08/20/25 Price Changed $2,970,000 -0.8% $527 / Sq Ft
07/01/2025 07/01/25 For Sale $2,995,000 -- $531 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 Lawyers Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $318,750 Construction
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 614618566

Regional Multiple Listing Service (RMLS)

APN: R222920