$974,900

Estimated payment $6,314/month

2 Beds
2 Baths
1,025 Sq Ft
$951 Price per Sq Ft

Highlights

  • Gated Community
  • Contemporary Architecture
  • High Ceiling
  • Forest Hills Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Rossman Park

About This Home

Perfectly situated just a few blocks from the shores of Oswego Lake in the highly sought-after First Addition neighborhood, this pristine downtown Lake Oswego condominium offers the rare combination of luxury, simplicity, and true walkable lifestyle. Known for its vibrant sense of community, charming streets and rich culture including local theatre, arts, and year-round events, First Addition is one of Lake Oswego’s most beloved places to live. Lovingly maintained by its original owner and used only a few months out of the year to escape Southern summers, the home remains in remarkably like-new condition and has been virtually untouched since 2020. Inside, the thoughtfully designed 2 bedroom, 2 bath layout offers approximately 1,025 square feet of light-filled living space with an open flow ideal for both everyday comfort and effortless entertaining. The home is perfectly sized for an executive lifestyle, a lock-and-leave retreat, or anyone seeking the ease of low-maintenance living in one of Lake Oswego’s most desirable locations. Step outside and enjoy one of the most vibrant downtown districts in the region. From morning coffee to evening wine, some of downtown’s favorite destinations are just a short stroll away, including Baird’s on B, Salt & Straw, Bamboo Sushi, Holy Taco, Five Spice, and Domaine Serene’s tasting room. Residents enjoy the security and convenience of gated access, assigned parking space and additional storage. With Oswego Lake, parks, boutique shopping, restaurants, farmers markets, and cultural amenities just blocks away, this home offers the perfect blend of peaceful living and vibrant downtown energy. A rare opportunity to enjoy Lake Oswego living in a beautifully preserved home that truly feels like new.

Listing Agent

Veronica Park

Keller Williams Realty Portland Premiere Brokerage Phone: 503-250-0667 License #940600208 Listed on: 03/12/2026

Keller Williams Realty Portland Premiere

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,291

Year Built

  • Built in 2007

Lot Details

  • Fenced
  • Sprinkler System

HOA Fees

  • $634 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • 1,025 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Electric Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Combination Dining and Living Room
  • First Floor Utility Room

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

  • Intercom Access
  • Home Security System

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Handicap Accessible
  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Entrance
  • Minimal Steps
  • Accessible Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Available
  • Gas Water Heater
  • Municipal Trash

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 05021805

Community Details

Overview

  • 30 Units
  • First Addition, 1St Addition Subdivision
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area
  • Community Storage Space

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,291

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

HOA Fees

$634 per month

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2007
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: NWContemporary
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 30
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Current Price For Status: 974900.0
  • Open House: No
  • Room 11 Features: Dishwasher,GasAppliances,Microwave,RollinShower
  • Room 12 Features: Fireplace,SlidingDoors
  • Room 9 Features: LivingRoomDiningRoomCombo
  • CondominiumTotalLevels: 4
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleElevatorInstalled, AccessibleEntrance, AccessibleHallway, GroundLevel, MainFloorBedroomBath, MinimalSteps, Parking, UtilityRoomOnMain, WalkinShower
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: Granite, HardwoodFloors, HighCeilings, SoakingTub, TileFloor, WasherDryer
  • Window Features: VinylFrames
  • Appliances: BuiltinOven, Dishwasher, FreeStandingRefrigerator, GasAppliances, Granite, Microwave, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,Stone
  • Exterior Features: Fenced, GasHookup, Patio, Sprinkler
  • View: No
  • Lot Features: Commons, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Available
  • Parking Description: Deeded, Secured
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Attached
  • CondominiumParkingSpaceNo: 29
  • CondominiumParkingTandemYN: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: HandicapAccess, IntercomEntry, SecuritySystem
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir, HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: Commons, ExteriorMaintenance, Gas, Gated, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 634.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Land Lease: No
  • Parcel #: 05021805

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 7290.97

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
2025 $7,291 $380,489 -- --
2024 $7,097 $369,407 -- --
2023 $7,097 $358,648 $0 $0
2022 $6,684 $348,202 $0 $0
2021 $6,173 $338,061 $0 $0
2020 $6,018 $328,215 $0 $0
2019 $5,870 $318,656 $0 $0
2018 $5,582 $309,375 $0 $0
2017 $5,386 $300,364 $0 $0
2016 $4,902 $291,616 $0 $0
2015 $4,736 $283,122 $0 $0
2014 $4,477 $274,876 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2026 03/12/26 For Sale $974,900 -- $951 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed -- None Listed On Document
Warranty Deed $425,600 Fidelity Natl Title Co Of Or
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 515294060

Regional Multiple Listing Service (RMLS)

APN: 05021805

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