233 E Ave Unit E Lake Oswego, OR 97034
Evergreen NeighborhoodEstimated payment $5,554/month
Highlights
- New Construction
- Custom Home
- Wood Flooring
- Forest Hills Elementary School Rated A
- Built-In Refrigerator
- No HOA
About This Home
Welcome to Koval Cottages — a first-of-its-kind offering in the heart of Lake Oswego’s coveted First Addition. Set within one of the nation’s most beloved cottage communities, this new collection of standalone homes delivers the ultimate walkable lifestyle. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets. Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low-maintenance luxury in the city’s most charming neighborhood. Crafted by the renowned Koval Construction, each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone cottage in the heart of First Addition.
Home Details
Home Type
- Single Family
Year Built
- Built in 2025 | New Construction
Lot Details
- Level Lot
Parking
- On-Street Parking
Home Design
- Custom Home
- Cottage
- Composition Roof
- Cement Siding
Interior Spaces
- 1,589 Sq Ft Home
- 3-Story Property
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Laundry Room
- Finished Basement
Kitchen
- Built-In Oven
- Built-In Range
- Built-In Refrigerator
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Forest Hills Elementary School
- Lake Oswego Middle School
- Lake Oswego High School
Utilities
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number New Construction
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/15/2026 01/15/26 | Price Changed | $899,000 | -7.8% | $566 / Sq Ft |
| 12/03/2025 12/03/25 | For Sale | $975,000 | -- | $614 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Accommodation/Courtesy Recordi | |
| Warranty Deed | $1,220,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $976,000 | Construction |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 595009797
APN: 00193935
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