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Stephanie Peters

stephanie@thepeterscollective.com +1(503) 799-0220

Listed by LUXE Forbes Global Properties

$ 1,425,000

Est. payment | -/mo

3 Beds

2 Baths

1,997 SqFt

Save

$ 1,425,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,997 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,997 sqft

Price per Sqft $713

Subdivision First Addition

MLS Listing ID 248208838

Style Contemporary

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1962

Annual Tax Amount $10,376

Tax Year 2025

Lot Size 5,662 Sqft

Property Sub-Type Single Family Residence

Property Description

Perfectly positioned in the heart of First Addition, this architecturally distinctive custom residence offers a rare opportunity to experience design-forward living in one of Lake Oswego's most coveted walkable neighborhoods. Just moments from downtown's acclaimed restaurants, boutiques, coffee shops, parks, and the beloved Saturday Farmers' Market, the home delivers a lifestyle that is both vibrant and effortlessly convenient.A rarity for the neighborhood and price point, the home's custom architecture creates a remarkable sense of volume and openness rarely found in similarly sized residences. At its center, a dramatic vaulted great room is illuminated by thoughtfully placed skylights that draw natural light throughout the living spaces, creating an atmosphere that feels both expansive and inviting. The great room flows seamlessly to a covered outdoor living area, beautifully landscaped backyard, and established gardens, encouraging year-round indoor-outdoor living. A striking floating staircase serves as both an architectural statement and sculptural focal point, ascending to a versatile loft space and private upper-level primary retreat. The result is a home that balances architectural interest with exceptional everyday livability. The flexible floor plan offers options for a variety of lifestyles. Two main-level bedrooms separated by a full bath provide ideal accommodations, while also presenting an intriguing opportunity for future conversion into an expansive main-level primary wing. Thoughtfully maintained and updated, the sellers have recently completed a full interior repaint, installed a new heat pump as part of a comprehensive HVAC upgrade, modernized the electrical system with a new service panel designed to support electric vehicle charging and today's technology demands. For buyers seeking architectural character, abundant natural light flexible living spaces, meaningful updates, and exceptional walkability, this is a truly unique opportunity!

Location

State OR

County Clackamas

Area _147

Rooms

Basement Crawl Space

Interior

Interior Features Ceiling Fan, Garage Door Opener, Granite, Hardwood Floors, High Ceilings, Laundry, Skylight, Vaulted Ceiling, Wallto Wall Carpet

Heating Heat Pump

Cooling Heat Pump

Appliance Builtin Range, Dishwasher, Disposal, Free Standing Refrigerator, Gas Appliances, Granite

Exterior

Exterior Feature Covered Patio, Fenced, Yard

Parking Features Attached

Garage Spaces 1.0

View Trees Woods

Roof Type Composition

Accessibility NaturalLighting

Garage Yes

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Forest Hills

Middle Schools Lake Oswego

High Schools Lake Oswego

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 799-0220

stephanie@thepeterscollective.com

2175 NW Raleigh St, Portland, OR, 97210, USA

516 7TH ST Lake Oswego, OR 97034