$1,480,000
$100K PRICE DROP

Estimated payment $8,904/month

Total Views 5,667
4 Beds
3 Baths
3,022 Sq Ft
$490 Price per Sq Ft

Highlights

  • Spa
  • RV or Boat Parking
  • Contemporary Architecture
  • Lake Grove Elementary School Rated A+
  • Covered Deck
  • Private Lot

About This Home

OPEN HOUSE Saturday 8/9 12-2pm. Must-see Lake Grove retreat on nearly a half acre. Tucked away in a fully fenced, park-like setting in the heart of Lake Oswego, this rare gem offers unmatched flexibility and charm. Featuring $250K+ in recent upgrades (see list), soaring ceilings, and a unique floor plan with a structurally attached guest suite/ADU—this property checks every box. The main home features 3 bedrooms, 2 full bathrooms, beautiful hardwoods, and a spacious primary suite with vaulted, beamed ceilings and large walk-in closet. The attached 1-bedroom ADU includes a private entrance, full bath, kitchenette, laundry, and large living area—perfect for guests, extended family, or income. Proven Income GeneratorBoth the main home and ADU have been operated as separate, highly rated Airbnb listings with strong rental history. The ADU alone has generated $25K–$40K annually. The main house has the potential to earn 2.5–3x that amount, based on prior usage. Listings and existing property management can transfer to the new owner for a truly turn-key, dual-income opportunity. Enjoy seamless indoor-outdoor living with a Hot Tub of Oregon spa, covered dining patio, serene pond with water feature, exterior sound system, firepit, and mature trees illuminated at night. Additional highlights include: 3-car garage, new roof with warranty, recent exterior paint, and access to three exclusive lake/boat easements—including the newly renovated Goodin easement. Whether you’re looking for a private sanctuary, an entertainer’s dream, or flexible income-generating potential, this one-of-a-kind home delivers. Seller open to creative financing.

Listing Agent

Annie Smith

Eleete Real Estate License #200506301 Listed on: 06/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,077

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 0.45 Acre Lot
  • Dog Run
  • Private Lot
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • RV or Boat Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Cement Siding

Interior Spaces

  • 3,022 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Crawl Space
  • Security Lights

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Spa
  • Pond
  • Covered Deck
  • Fire Pit
  • Porch

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Lake Grove Elementary School
  • Lake Oswego Middle School
  • Lake Oswego High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00245470

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,077

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1978
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, NWContemporary
  • New Construction: No
  • Property Attached Yn: No
  • Open House: Yes
  • Room 12 Features: Fireplace,GreatRoom,SlidingDoors
  • Room 13 Features: Bathroom,BuiltinFeatures,Skylight
  • Room 7 Features: Skylight
  • Room 9 Features: GreatRoom
  • Special Features: None

Interior Features

  • Total Bathrooms: 3.0
  • Fireplaces: 1
  • Interior Amenities: AccessoryDwellingUnit, GarageDoorOpener, Granite, HardwoodFloors, JettedTub, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit, Skylight, SoundSystem, TileFloor, VaultedCeiling, WasherDryer
  • Room 4 Description: GuestQuarters
  • Room 4 Features: ExteriorEntry
  • Room 4 Level: Upper
  • Room 5 Description: UtilityRoom
  • Room 5 Level: Main
  • Basement: CrawlSpace
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt15000to19999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 289
  • Bedroom 7 Area: 132
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Lower
  • Other Room8 Area: 120
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Lower
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,WoodSiding
  • Exterior Features: AccessoryDwellingUnit, CoveredDeck, Deck, DogRun, FirePit, FreeStandingHotTub, GuestQuarters, Porch, RVParking, SecurityLights, Spa, Sprinkler
  • Lot Size: 15,000 to 19,999 SqFt
  • R V Description: RVBoatStorage
  • View: No
  • Lot Features: Level, Pond, Private
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: CentralAir, MiniSplit
  • Cooling Y N: Yes
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Lake Grove
  • High School: Lake Oswego
  • Middle Or Junior School: Lake Oswego

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.45
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 00245470

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 10076.53

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 $10,077 $508,136 $0 $0
2022 $9,490 $493,336 $0 $0
2021 $8,765 $478,967 $0 $0
2020 $8,545 $465,017 $0 $0
2019 $8,335 $451,473 $0 $0
2018 $7,926 $438,323 $0 $0
2017 $7,648 $425,556 $0 $0
2016 $6,963 $413,161 $0 $0
2015 $6,727 $401,127 $0 $0
2014 $6,640 $389,444 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $1,480,000 -6.3% $490 / Sq Ft
06/11/2025 06/11/25 For Sale $1,580,000 -- $523 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $572,500 Ticor Title
Warranty Deed $536,700 Lawyers Title Ins Corp
Warranty Deed $400,000 --
Warranty Deed $339,900 First American
Warranty Deed $214,900 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $97,400 Credit Line Revolving
Open $510,400 New Conventional
Closed $150,000 Credit Line Revolving
Closed $458,000 Adjustable Rate Mortgage/ARM
Previous Owner $154,500 New Conventional
Previous Owner $361,000 New Conventional
Previous Owner $113,400 Credit Line Revolving
Previous Owner $61,600 Credit Line Revolving
Previous Owner $62,000 Credit Line Revolving
Previous Owner $271,920 Purchase Money Mortgage
Previous Owner $204,150 No Value Available
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 687582050

Regional Multiple Listing Service (RMLS)

APN: 00245470