$1,735,000
NEW CONSTRUCTION $114K PRICE DROP

Estimated payment $10,181/month

Total Views 5,215
4 Beds
3 Baths
3,502 Sq Ft
$495 Price per Sq Ft

Highlights

  • New Construction
  • Custom Home
  • Built-In Refrigerator
  • River Grove Elementary School Rated A+
  • Heated Floors
  • Seasonal View

About This Home

Price Correction! Discover exceptional design and value in this Contemporary NW-style 4BD + Office / 3BA new construction on a generous 0.28-acre lot in Lake Oswego. This home blends high-end finishes with thoughtful function—engineered hardwoods throughout, 9’ ceilings with exposed beams, and a dramatic floor-to-ceiling fireplace in the great room. The gourmet kitchen stuns with quartz countertops, white oak accent island, 48” gas range, built-in fridge, and a walk-in pantry with adjacent mudroom. Step outside to a covered patio with a second fireplace and heater hookup, ideal for year-round entertaining. Main floor offers a versatile 5th bedroom/office with full bath. Upstairs, the luxurious primary suite features heated floors, soaking tub, walk-in shower, and custom-lit vanities. A vaulted bonus room and three additional bedrooms complete the upper level. Located on private gated drive with top-rated Lake Oswego schools and walkable amenities. Don’t miss this move-in ready opportunity with a refreshed price!

Listing Agent

Tracy Peterson

Better Homes & Gardens Realty License #930300047 Listed on: 03/14/2025

Better Homes & Gardens Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,185

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.28 Acre Lot
  • Property fronts a private road
  • Fenced
  • Level Lot
  • Sprinkler System
  • Private Yard

Parking

  • 3 Car Attached Garage
  • Appliances in Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Contemporary Architecture
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3,502 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Natural Light
  • Double Pane Windows
  • French Doors
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Seasonal Views
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace

Schools

  • Westridge Elementary School
  • Lakeridge Middle School
  • Lakeridge High School

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • 95% Forced Air Heating System
  • Heating System Uses Gas
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Air Cleaner

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 00338254

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,185

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Warranty: BuilderWarranty
  • Year Built: 2025
  • 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: Yes
  • New Construction Permit Number: City of LO
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: CustomStyle, NWContemporary
  • New Construction: Yes
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: BeamedCeilings,BuiltinFeatures,BuiltinRefrigerator,Dishwasher,Island,Pantry
  • Room 12 Features: Fireplace,GreatRoom,SlidingDoors
  • Room 13 Features: BuiltinFeatures
  • Room 7 Features: ClosetOrganizer
  • Room 8 Features: ClosetOrganizer
  • Special Features: 4098

Interior Features

  • Accessibility Features: GarageonMain, MainFloorBedroomBath, NaturalLighting
  • Total Bathrooms: 3.0
  • Fireplaces: 2
  • Interior Amenities: AirCleaner, CeilingFan, EngineeredHardwood, GarageDoorOpener, HeatedTileFloor, HighCeilings, HighSpeedInternet, Laundry, Quartz, SoakingTub, TileFloor, VaultedCeiling, WalltoWallCarpet
  • Room 4 Description: BonusRoom
  • Room 4 Level: Upper
  • Room 5 Description: Office
  • Room 5 Features: FrenchDoors
  • Room 5 Level: Main
  • Room 6 Description: Laundry
  • Room 6 Features: BuiltinFeatures
  • Room 6 Level: Upper
  • Basement: None
  • Window Features: DoublePaneWindows
  • Appliances: ApplianceGarage, BuiltinRefrigerator, Dishwasher, Disposal, DoubleOven, ENERGYSTARQualifiedAppliances, FreeStandingGasRange, GasAppliances, Island, Microwave, Pantry, Quartz, RangeHood, StainlessSteelAppliance, Tile
  • 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: SqFt10000to14999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 391
  • Fifth Bedroom Area: 176
  • Bedroom 6 Area: 72
  • Bedroom 7 Area: 144
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 144
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 154
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,CementSiding
  • Exterior Features: CoveredPatio, Fenced, GasHookup, OutdoorFireplace, Patio, PrivateRoad, Sprinkler, Yard
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, PrivateRoad, Seasonal
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition
  • View: Seasonal

Garage/Parking

  • Garage Type: Attached,Oversized
  • Parking Description: Driveway, EVReady
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas,Tankless
  • Internet Service Type: FiberOptics,Other
  • Security: None
  • Cooling: EnergyStarAirConditioning
  • Cooling Y N: Yes
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: River Grove
  • High School: Lakeridge
  • Middle Or Junior School: Lakeridge
  • Elementary School #2: Westridge

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12196.0
  • Parcel #: 00338254

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 8185.25

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 $8,185 $433,824 $0 $0
2022 $8,102 $421,189 $0 $0
2021 $7,484 $408,922 $0 $0
2020 $7,296 $397,012 $0 $0
2019 $7,116 $385,449 $0 $0
2018 $6,767 $374,222 $0 $0
2017 $6,530 $363,322 $0 $0
2016 $5,945 $352,740 $0 $0
2015 $5,743 $342,466 $0 $0
2014 $5,641 $332,491 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $1,735,000 -0.8% $495 / Sq Ft
06/26/2025 06/26/25 Price Changed $1,749,000 -1.7% $499 / Sq Ft
06/05/2025 06/05/25 Price Changed $1,779,000 -1.9% $508 / Sq Ft
05/16/2025 05/16/25 Price Changed $1,814,000 -1.4% $518 / Sq Ft
05/02/2025 05/02/25 Price Changed $1,839,000 -0.5% $525 / Sq Ft
03/14/2025 03/14/25 For Sale $1,849,000 +310.9% $528 / Sq Ft
10/26/2023 10/26/23 Sold $450,000 -18.0% $164 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $549,000 0.0% $200 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $549,000 -- $200 / 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 $210,351 Fidelity Natl Title Co Of Or
Special Warranty Deed $156,000 First American Title Ins Co
Trustee Deed $201,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,365,000 Construction
Previous Owner $210,000 Credit Line Revolving
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 488343432

Regional Multiple Listing Service (RMLS)

APN: 00338254