589 Ridgeway Rd Lake Oswego, OR 97034
Lakewood NeighborhoodEstimated payment $7,701/month
Highlights
- Custom Home
- Wood Flooring
- Private Yard
- Forest Hills Elementary School Rated A
- Main Floor Primary Bedroom
- No HOA
About This Home
Step into a haven of warmth and tranquility with this iconic mid-century residence, thoughtfully crafted by renowned architect John Yeon to celebrate the harmony between home and nature. From the moment you enter, Yeon’s signature touches—like the innovative louvered window ventilation system beneath towering vertical windows—invite natural light and fresh air to flow freely, dissolving the boundaries between indoors and the lush, private outdoor surroundings.Recent updates have been made to ensure modern comfort while preserving the home’s timeless appeal. A new roof and gutters, newer furnace, refreshed lighting and plumbing fixtures, and beautifully refinished hardwood floors provide peace of mind and effortless living. Beyond the main living spaces, you’ll find a detached 336-square-foot oversized single-car garage, ideal for storage, creative hobbies, or even a workshop, as well as a charming 53-square-foot garden shed—perfect for nurturing your green thumb or creating your next project.Enjoy exclusive access to one of three highly desirable lake easements—North Lake Club, Southview Club, or Lakewood Yacht Club—offering endless opportunities for water activities and community fun. Nestled in the sought-after Lakewood neighborhood, this residence strikes the perfect balance between peaceful retreat and vibrant convenience. With a 66/100 Walk Score, you’re just moments from Lake Oswego’s charming downtown, where boutique shops, local restaurants, and picturesque parks await.Designed with ease in mind, this mostly single-level layout is perfect for families or anyone seeking low-maintenance, stair-free living. Here, in this serene yet connected setting, you’ll find not just a house, but a place to truly call home.
Listing Agent
Premiere Property Group, LLC License #200905112 Listed on: 06/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,262
Year Built
- Built in 1955
Lot Details
- 8,712 Sq Ft Lot
- Level Lot
- Landscaped with Trees
- Private Yard
Parking
- 1 Car Attached Garage
- Oversized Parking
- Appliances in Garage
- Garage on Main Level
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Custom Home
- Midcentury Modern Architecture
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 1,685 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Paneling
- Gas Fireplace
- Wood Frame Window
- Aluminum Window Frames
- Entryway
- Family Room
- Living Room
- Dining Room
- First Floor Utility Room
Kitchen
- Free-Standing Range
- Range Hood
- Plumbed For Ice Maker
- Tile Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer
Accessible Home Design
- Accessibility Features
- Level Entry For Accessibility
Outdoor Features
- Patio
- Shed
- Porch
Schools
- Forest Hills 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
- Lakewood Subdivision
Listing and Financial Details
- Assessor Parcel Number 00255752
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,461 | $389,345 | -- | -- |
| 2024 | $7,262 | $378,005 | -- | -- |
| 2023 | $7,262 | $366,996 | $0 | $0 |
| 2022 | $6,839 | $356,307 | $0 | $0 |
| 2021 | $6,316 | $345,930 | $0 | $0 |
| 2020 | $6,158 | $335,855 | $0 | $0 |
| 2019 | $6,006 | $326,073 | $0 | $0 |
| 2018 | $5,711 | $316,576 | $0 | $0 |
| 2017 | $5,511 | $307,355 | $0 | $0 |
| 2016 | $5,016 | $298,403 | $0 | $0 |
| 2015 | $4,846 | $289,712 | $0 | $0 |
| 2014 | $4,784 | $281,274 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | Price Changed | $1,349,000 | -1.8% | $801 / Sq Ft |
| 10/15/2025 10/15/25 | Price Changed | $1,374,000 | -1.4% | $815 / Sq Ft |
| 09/11/2025 09/11/25 | Price Changed | $1,394,000 | -2.4% | $827 / Sq Ft |
| 07/11/2025 07/11/25 | Price Changed | $1,429,000 | -4.0% | $848 / Sq Ft |
| 06/02/2025 06/02/25 | For Sale | $1,489,000 | -- | $884 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $375,000 | Fidelity Natl Title Co Of Or | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $275,000 | New Conventional |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 397162553
APN: 00255752
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