$749,900
NEW CONSTRUCTION $50K PRICE DROP

Estimated payment $4,867/month

Total Views 2,268
3 Beds
2.5 Baths
1,533 Sq Ft
$489 Price per Sq Ft

Highlights

  • New Construction
  • Wood Flooring
  • Combination Kitchen and Living
  • View of Trees or Woods
  • Modern Architecture
  • Quartz Countertops

About This Home

THIS MODEL HOME NOW AVAILABLE AT $749,900! Here's a massive opportunity in First Addition! HUGE PRICE IMPROVEMENTS MADE! Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple 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. 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 home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets!

Listing Agent

Aleksander Koval

The Koval Group License #200408052 Listed on: 06/29/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2026 | New Construction

Lot Details

  • Fenced
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Modern Architecture
  • Slab Foundation
  • Composition Roof
  • Board and Batten Siding
  • Cement Siding

Interior Spaces

  • 1,533 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Family Room
  • Combination Kitchen and Living
  • Dining Room
  • Views of Woods
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Porch

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
  • High Speed Internet

Community Details

  • No Home Owners Association
  • First Addition Subdivision

Listing and Financial Details

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

Home Details

Home Type

Single Family

Year Built

Built in 2026 | New Construction

Lot Details

0 Sq Ft Lot

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 2
  • Warranty: BuilderWarranty
  • Year Built: 2026
  • 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: No
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 499-24-001625-DWL
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Attached Yn: No
  • Current Price For Status: 749900.0
  • Open House: No
  • Room 12 Features: FamilyRoomKitchenCombo
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 2.1
  • Interior Amenities: HardwoodFloors, TileFloor
  • Basement: FullBasement
  • Window Features: DoublePaneWindows
  • Appliances: Dishwasher, Disposal, FreeStandingRange, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • BathroomsFullLowerLevel: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt0Kto2999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Lower
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Lower
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: BoardBattenSiding,CementSiding
  • Exterior Features: Fenced, Patio, Porch
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Forest Hills
  • High School: Lake Oswego
  • Middle Or Junior School: Lake Oswego

Lot Info

  • Land Lease: No
  • Parcel #: New Construction

Green Features

  • Green Certification: No

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/30/2026 07/30/26 Price Changed $749,900 -6.3% $489 / Sq Ft
06/29/2026 06/29/26 For Sale $799,900 -- $522 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 695064465

Regional Multiple Listing Service (RMLS)
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