875 Lee St Lake Oswego, OR 97034
McVey-South Shore NeighborhoodEstimated payment $8,543/month
Highlights
- Lake View
- Built-In Refrigerator
- Outdoor Fireplace
- Hallinan Elementary School Rated A
- Contemporary Architecture
- Wood Flooring
About This Home
SELLER IS MOTIVATED! Best priced new construction in Lake Oswego. Exquisite new build located on an oversized level sprawling corner lot along with peek-a-boo views of the Lake. This new build is a modern masterpiece offering unparalleled luxury, design and finishes. Boasting four bedrooms, 3.1 meticulously appointed bathrooms, and a seamless open-concept floorplan. Expansive windows flood the home with natural light, providing serene and privacy throughout. No details left out- premier custom cabinetry, sprawling hardwood flooring, and high-end finishes throughout elevate the living experience. Designed for versatility, the home includes three expansive flex spaces that can adapt to your needs—whether as a home office, media room, or fitness studio. The gourmet kitchen is equipped with 75K+ worth of top-tier appliances and a large center island, serving as the perfect space for both intimate gatherings and grand entertaining. Outside, enjoy your covered patio and expansive outdoor living space and kitchen overlooking the meticulously landscaped grounds below creating a private oasis. Situated in a prime location just moments from Lake Oswego’s vibrant downtown and the new Lake Oswego aquatic center & 9-hole executive golf course, this residence offers the perfect blend of modern luxury and lifestyle. Around the corner to shops, restaurants, gourmet grocery stores and the Lake Oswego swim park. Top rated schools!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,626
Year Built
- Built in 2025 | Remodeled
Lot Details
- Fenced
- Corner Lot
- Level Lot
- Sprinkler System
- Private Yard
Parking
- 2 Car Attached Garage
- Oversized Parking
- Extra Deep Garage
- Garage Door Opener
- Driveway
- On-Street Parking
Property Views
- Lake
- Woods
Home Design
- Contemporary Architecture
- Modern Architecture
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 3,593 Sq Ft Home
- 3-Story Property
- Built-In Features
- High Ceiling
- 2 Fireplaces
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
- Den
- Basement Fills Entire Space Under The House
- Laundry Room
Kitchen
- Free-Standing Range
- Range Hood
- Built-In Refrigerator
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Covered Deck
- Patio
- Outdoor Fireplace
Schools
- Hallinan Elementary School
- Lakeridge Middle School
- Lakeridge High School
Utilities
- 95% Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 00260988
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 |
|---|---|---|---|---|
| 2024 | $6,626 | $344,927 | -- | -- |
| 2023 | $6,626 | $334,881 | $0 | $0 |
| 2022 | $6,241 | $325,128 | $0 | $0 |
| 2021 | $5,764 | $315,659 | $0 | $0 |
| 2020 | $5,619 | $306,466 | $0 | $0 |
| 2019 | $5,481 | $297,540 | $0 | $0 |
| 2018 | $5,212 | $288,874 | $0 | $0 |
| 2017 | $5,029 | $280,460 | $0 | $0 |
| 2016 | $4,577 | $272,291 | $0 | $0 |
| 2015 | $4,422 | $264,360 | $0 | $0 |
| 2014 | $4,365 | $256,660 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Price Changed | $1,499,900 | -9.1% | $417 / Sq Ft |
| 08/14/2025 08/14/25 | Price Changed | $1,649,900 | -5.7% | $459 / Sq Ft |
| 06/24/2025 06/24/25 | Price Changed | $1,750,000 | -6.7% | $487 / Sq Ft |
| 05/27/2025 05/27/25 | Price Changed | $1,874,900 | -2.6% | $522 / Sq Ft |
| 05/02/2025 05/02/25 | Price Changed | $1,925,000 | -3.7% | $536 / Sq Ft |
| 04/25/2025 04/25/25 | For Sale | $1,998,900 | 0.0% | $556 / Sq Ft |
| 03/24/2025 03/24/25 | Pending | -- | -- | -- |
| 03/11/2025 03/11/25 | For Sale | $1,998,900 | +149.9% | $556 / Sq Ft |
| 08/18/2023 08/18/23 | Sold | $800,000 | -5.9% | $364 / Sq Ft |
| 07/24/2023 07/24/23 | Pending | -- | -- | -- |
| 07/11/2023 07/11/23 | Price Changed | $850,000 | -5.5% | $386 / Sq Ft |
| 06/15/2023 06/15/23 | For Sale | $899,000 | -- | $409 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $800,000 | Fidelity National Title | |
| Warranty Deed | $345,500 | Fidelity Natl Title Co Of Or | |
| Warranty Deed | $304,900 | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,315,000 | New Conventional | |
| Previous Owner | $290,250 | New Conventional | |
| Previous Owner | $308,250 | New Conventional | |
| Previous Owner | $105,000 | No Value Available |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 101504813
APN: 00260988
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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