$2,195,000
OPEN SUN 12PM - 2PM NEW CONSTRUCTION $255K PRICE DROP

Estimated payment $14,043/month

Total Views 19,191
5 Beds
3.5 Baths
4,504 Sq Ft
$487 Price per Sq Ft

Highlights

  • New Construction
  • Custom Home
  • Built-In Refrigerator
  • Lake Grove Elementary School Rated A+
  • Heated Floors
  • Main Floor Primary Bedroom

About This Home

Inquire about builder-paid 2-1 buy down! Discover the perfect blend of comfort and elegance in this beautiful new construction located in the heart of Lake Oswego’s Lake Grove neighborhood. This modern farmhouse offers over 4,500 square feet of thoughtfully designed living space with five bedrooms, including a rare and highly sought after main floor primary suite. The home office and spacious loft area are perfect for relaxing or gathering. The open concept flows easily from room to room. A second bedroom and office on the main floor provide flexibility for guests, work, or multigenerational living. The gourmet kitchen is ideal for entertaining with a large quartzite island, high end stainless steel appliances, dual dishwashers and ovens, and a walk in pantry that makes hosting effortless. The living area extends outdoors where a landscaped yard and an articulating pergola create the perfect setting for year round enjoyment. Whether you're looking for a cozy evening by the fireplace, a summer barbecue, or a quiet morning coffee, this home adapts to every occasion. With access to four lake easements, nearby shops, restaurants and cafes, plus quick freeway connections, you are never far from what you need. Located in the highly rated Lake Oswego School District, this home offers the perfect lifestyle of convenience, community, and luxury living.

Listing Agent

Matthew Tercek

Real Broker Brokerage Email: matthew@tercekre.com License #201210228 Listed on: 05/21/2025

Real Broker

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,051

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Corner Lot
  • Level Lot
  • Flag Lot
  • Sprinkler System
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Farmhouse Style Home
  • Composition Roof
  • Metal Roof
  • Board and Batten Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,504 Sq Ft Home
  • 2-Story Property
  • Plumbed for Central Vacuum
  • Gas Fireplace
  • Natural Light
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space
  • Security Lights

Kitchen

  • Gas Oven or Range
  • Free-Standing Gas Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Heated Floors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Covered patio or porch

Community Details

  • No Home Owners Association
  • Lake Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00241802

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,051

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2024
  • 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: 499-22-000-924-DWL
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: CustomStyle, Farmhouse
  • New Construction: Yes
  • Property Attached Yn: No
  • Open House: Yes
  • Special Features: 4099

Interior Features

  • Accessibility Features: GarageonMain, MainFloorBedroomBath, NaturalLighting, UtilityRoomOnMain
  • Total Bathrooms: 3.1
  • Fireplaces: 1
  • Interior Amenities: EngineeredHardwood, GarageDoorOpener, HeatedTileFloor, PlumbedForCentralVacuum, Quartz, SoakingTub, WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Room 5 Description: _5thBedroom
  • Room 5 Level: Upper
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: BuiltinRefrigerator, Dishwasher, Disposal, FreeStandingGasRange, GasAppliances, Island, Microwave, Pantry, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt10000to14999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 210
  • Fifth Bedroom Area: 266
  • Bedroom 7 Area: 204
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 210
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: BoardBattenSiding,Stone
  • Exterior Features: CoveredPatio, SecurityLights, Sprinkler, Yard
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, FlagLot, Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition, Metal

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Security: SecurityLights
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • 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
  • Parcel #: 00241802

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 23050.67

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
2023 $23,051 $203,245 $0 $0
2022 $3,796 $197,326 $0 $0
2021 $3,506 $191,579 $0 $0
2020 $1,398 $76,066 $0 $0
2019 $3,522 $190,762 $0 $0
2018 $4,459 $246,579 $0 $0
2017 $4,302 $239,397 $0 $0
2016 $3,917 $232,424 $0 $0
2015 $3,784 $225,654 $0 $0
2014 $3,735 $219,082 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $2,195,000 -2.2% $487 / Sq Ft
06/28/2025 06/28/25 Price Changed $2,245,000 -8.4% $498 / Sq Ft
05/21/2025 05/21/25 For Sale $2,450,000 +122.7% $544 / Sq Ft
03/06/2020 03/06/20 Sold $1,100,000 -8.3% $711 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
09/28/2018 09/28/18 For Sale $1,200,000 -- $775 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Bargain Sale Deed $418,000 None Available
Interfamily Deed Transfer -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,325,000 Credit Line Revolving
Previous Owner $317,000 Unknown
Previous Owner $290,000 Unknown
Previous Owner $213,000 Unknown
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 125645757

Regional Multiple Listing Service (RMLS)

APN: 00241802