$2,031,406
NEW CONSTRUCTION

Estimated payment $12,582/month

2 Beds
2.5 Baths
1,742 Sq Ft
$1,166 Price per Sq Ft

Highlights

  • Under Construction
  • Custom Home
  • Deck
  • Forest Hills Elementary School Rated A
  • City View
  • 2-minute walk to Rossman Park

About This Home

This top floor penthouse may be the brand new lifestyle experience you've been waiting for. With two en-suite bedrooms, a wrap-around deck, and vaulted ceilings that make these light spaces live large, this one is worth a closer look. Comfort and luxurious elegance await you at The LO, a brand new luxury community in Lake Oswego with elevator access to 15 one-level condos and a sumptuous community rooftop deck. When you live at The LO, you’ll have access to delightful features and amenities and live in a walkable village neighborhood with cafes and shopping. Enjoy gorgeous high ceilings, fireplace, kitchen, elegant design and appliances, and 1 parking space included. 1 additional can be purchased for $150,000 if still available. Move in August/September. Offer now to customize some finishes. Last Updated: 5/7/2025 10:04:09 AM

Listing Agent

Terry Sprague

LUXE Forbes Global Properties License #200509281

Co-Listing Agent

Marty Wells

LUXE Forbes Global Properties License #200408283

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,201

Year Built

  • Built in 2025 | Under Construction

HOA Fees

  • $720 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Deeded Parking
  • Controlled Entrance

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Board and Batten Siding
  • Cement Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,742 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Accessibility Features
  • Accessible Doors
  • Accessible Approach with Ramp
  • Level Entry For Accessibility
  • Accessible Parking

Outdoor Features

  • Deck
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Forest Hills Elementary School
  • Lake Oswego Middle School
  • Lake Oswego High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Mini Split Heat Pump
  • High Speed Internet

Listing and Financial Details

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

Community Details

Overview

  • 15 Units
  • Fourth Street Condominium Association, Phone Number (503) 951-3849
  • First Addition Subdivision
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area
  • Party Room
  • Elevator

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,201

Year Built

Built in 2025 | Under Construction

Lot Details

0

HOA Fees

$720 per month

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Warranty: BuilderWarranty
  • Year Built: 2025
  • Property Condition: UnderConstruction
  • New Construction Builders Required Addendums: Yes
  • 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: 499-21-002718-STR
  • Property Sub Type: Condominium
  • Architectural Style: Stories1, CustomStyle
  • New Construction: Yes
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: No
  • CondominiumUnitLevel: 4
  • CondominiumUnitsInComplex: 15
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Open House: No
  • PublicRemarksNewConstruction: Request HOA and sales docs via email from Juli@luxeoregon.com
  • Room 13 Features: Bathroom,Deck
  • Room 7 Features: Bathroom
  • CondominiumTotalLevels: 4
  • Room 14 Level: Main
  • Unit Floor Number: 4
  • Special Features: NewHome

Interior Features

  • Accessibility Features: AccessibleApproachwithRamp, AccessibleDoors, AccessibleElevatorInstalled, OneLevel, Parking
  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: Elevator, HighCeilings, Quartz, TileFloor, VaultedCeiling, WasherDryer, WoodFloors
  • Basement: Other
  • Window Features: DoublePaneWindows
  • Appliances: BuiltinRange, Dishwasher, FreeStandingRefrigerator, Island, Microwave, Quartz, StainlessSteelAppliance, WineCooler
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Stories: 4
  • Main Level Full Bathrooms: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.1
  • BathroomsTotalUpperLevel: 0.0
  • Room 13 Level: Main
  • Bedroom 7 Area: 132
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: BoardBattenSiding,Brick,CementSiding,ShakeSiding
  • Exterior Features: BuiltinBarbecue, Deck, GasHookup, OutdoorFireplace
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Other
  • View: City,Mountain,Territorial

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Covered, Secured
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingSpaceNo: 1
  • CondominiumParkingTandemYN: No
  • CondominiumParkingTax: 0.00

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas,Recirculating
  • Internet Service Type: Cable
  • Security: Entry, FireSprinklerSystem, HandicapAccess
  • Cooling: HeatPump, MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: AllLandscaping, Commons, ExteriorMaintenance, MaintenanceGrounds, PartyRoom
  • Senior Community: No
  • Association Fee: 720.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: TBD
  • CondominiumAssociationEmail: Juli@luxeoregon.com
  • CondominiumAssociationName: FOURTH STREET CONDOMINIUM
  • CondominiumAssociationPhone: 503-951-3849
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Farm: No
  • Land Lease: No
  • Parcel #: New Construction

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 7201.27

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $2,031,406 -- $1,166 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24082305

Regional Multiple Listing Service (RMLS)