$925,000
$125K PRICE DROP

Estimated payment $6,097/month

Total Views 7,584
3 Beds
1.5 Baths
1,804 Sq Ft
$513 Price per Sq Ft

Highlights

  • Boathouse
  • Lake Front
  • RV or Boat Parking
  • Westridge Elementary School Rated A+
  • Docks
  • Wood Flooring

About This Home

Light Fixer-Upper with Canal Access to Oswego Lake – A Prime Investment Opportunity This charming mid-century ranch home offers a unique chance to own waterfront property with direct canal access to Oswego Lake, providing the perfect summer retreat or investment opportunity. Located in the highly desirable Blue Heron neighborhood, this home gives you access to all the benefits of lakefront living, making it ideal for enjoying water sports, fishing, or simply relaxing by the water. Whether you’re an investor, flipper, or someone looking to create a summer home, this light fixer-upper has strong long-term investment potential. Recent updates include a new roof, new appliances, and fresh paint, giving you a solid foundation for further renovations or enhancements. The spacious single-level layout includes three bedrooms and offers plenty of possibilities to modernize and customize the home to your style. Enjoy peaceful living on the canal with easy access to all that Oswego Lake has to offer, from boating and water sports to summer concerts and fireworks. Take advantage of this rare opportunity to own private lake access at an affordable price point—whether for individual use or as a partnership with family or friends. The location is unbeatable, just 10 minutes from downtown Lake Oswego, known for its vibrant community, farmer’s market, restaurants, and boutique shopping. Close to top-rated Lake Oswego schools and nearby parks, this property provides both a peaceful retreat and convenient access to the best of the area. This property is perfect for those looking for an entry-level opportunity to experience the Lake Oswego lifestyle while building equity. Don’t miss out on this investment opportunity to own a waterfront property with incredible potential for the future.

Last Listed By

Christopher O'Neill

LUXE Forbes Global Properties License #200305238 Listed on: 04/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,708

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Lake Front
  • Fenced
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees
  • Private Yard

HOA Fees

  • $203 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage on Main Level
  • Driveway
  • RV or Boat Parking

Property Views

  • Lake
  • Woods

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,804 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Built-In Double Oven
  • Built-In Range
  • Dishwasher
  • Stainless Steel Appliances
  • Cooking Island
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Parking

Outdoor Features

  • Boathouse
  • Docks
  • Covered patio or porch

Schools

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

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00326784

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,708

Year Built

Built in 1955

Lot Details

0

HOA Fees

$203 per month

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1955
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: Yes
  • Room 12 Features: Fireplace
  • Special Features: None

Interior Features

  • Accessibility Features: GarageonMain, MainFloorBedroomBath, OneLevel, Parking, UtilityRoomOnMain
  • Total Bathrooms: 1.1
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, Laundry, WasherDryer
  • Appliances: BuiltinOven, BuiltinRange, CookIsland, Dishwasher, DoubleOven, FreeStandingRefrigerator, Island, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Association Contact: Jeff Ward
  • Main Level Full Bathrooms: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 144
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 120
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 99
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: VinylSiding
  • Exterior Features: BoatHouse, CoveredPatio, Dock, Fenced, Patio, Porch, RVBoatStorage, Sprinkler, Yard
  • Lot Size: 7,000 to 9,999 SqFt
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Level, Terraced, Trees
  • Water Body Name: Oswego Lake
  • Waterfront Features: Lake
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Lake,TreesWoods

Garage/Parking

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

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: Baseboard, 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: 2430.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Oswego Corporation
  • Phone: 503-636-1422
  • Association: Yes
  • Association Email: jeff.ward@lakecorp.com

Association/Amenities

  • AssociationAddress: 700 McVey Avenue, 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: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 00326784

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 8708.37

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
2023 $8,708 $439,143 $0 $0
2022 $8,202 $426,353 $0 $0
2021 $7,575 $413,935 $0 $0
2020 $7,385 $401,879 $0 $0
2019 $7,203 $390,174 $0 $0
2018 $6,850 $378,810 $0 $0
2017 $6,610 $367,777 $0 $0
2016 $6,018 $357,065 $0 $0
2015 $5,814 $346,665 $0 $0
2014 $5,738 $336,568 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 For Sale $1,050,000 +18.0% $582 / Sq Ft
10/07/2022 10/07/22 Sold $890,000 -10.1% $625 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/10/2022 07/10/22 For Sale $990,000 -- $695 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $890,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $667,500 New Conventional
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 779933200

Regional Multiple Listing Service (RMLS)

APN: 00326784