Lake Oswego Waterfront Homes Market Update

Lake Oswego waterfront real estateLake Oswego homes : waterfront market update for SOLDS in last 30 days

It has been an active Lake Oswego waterfront homes market so far this summer.

Just in the last 30 days for Oswego Lake waterfront properties (not Willamette River waterfront homes in Lake Oswego), there have been 6 lakefront homes sold in escrow through the MLS.

The price on these sold Lake Oswego waterfront homes range from $400,000 (a fluke) to $3,475,000 with a median sold price of $1,435,000 and an median days on market of 189 days.  The average dollar per square foot for these Lake Oswego lakefront homes and canal front homes that have sold is $442 with a median sales price to list price percentage of 96.73%.

Sold lakefront homes and canalfront homes: 3300 Southshore Blvd., 18000 Sarah Hill Lane, 17471 Cardinal Dr., 263 Northshore Rd, 2926 Lakeview Blvd., 3214 Lakeview Blvd.

Here are the details of the Lake Oswego waterfront homes which have sold:

LO Waterfront sold detail 07262014 client handout

You can see the full stats of the Lake Oswego waterfront homes real estate market here: 

Lake Oswego Waterfront Homes for sale Stats 072614

Lake Oswego’s Skylands Neighborhood

The Skylands neighborhood is located in Southeast Lake Oswego and is very beautiful.

Away from the active LO city center and restaurant scene around Millenium Plaza, this area tends to be more private. Not in the sense that you’re not invited in but the community is elevated and has views of Mt Hood out one direction and royal sunsets in the other.  Skylands homes for sale tend to be larger and on large lots and are coveted.

Skylands is relatively small with about 425 residents and common for lot sizes are about an acre plus. Many of the properties are anchored with large homes and driveways are gated. Not all, just more then other parts of Lake Oswego. It is important to note that there’s not an issue with crime here, but it’s more of a statement that these are estates and larger homes in Skylands tend to include this feature.

Schools in Lake Oswego are fabulous and of course they are good here as well.  Reputable sources rate the quality of education as high. Glenmorrie Park is close by and stretches out to Oregon’s Willamette River. Located at Brookhurst Drive off Highway 43 is 2.3 acres of park and open to the public…very fun to explore.

If you are interested in Skylands in Lake Oswego or other Lake Oswego homes for sale, please let us know.  We are happy to talk to you about buying or selling in LO. 

Courtney Olsen 503-899-2968/ Brian Olsen 503.853.5506 LO@CooperJacobs.com

Village On The Lake Most Recent Real Estate Sales

Lake Oswego’s Village On The Lake:  Yesterday speaking with a Lake Oswego neighbor, I got asked the question: “How’s the market?”.  The short answer is GOOD. Multiple offers and high demand for well priced Lake Oswego homes creates a great environment for sellers thinking about moving. village on the lake homes

Village on the Lake is a micro neighborhood on the North Shore with less than 100 homes, but pretty much the perfect set of amenities for many buyers. Good schools, great houses, beautiful streets, and one of the nicest easements on Oswego Lake – complete with bathrooms, BBQs, Boat slips, canoe /kayak /SUP racks, swimming areas, and in a great section of the main lake.  Village on the Lake homes have been selling in the $700,000 to $1.5 Million dollar and up range depending on size of home, water view, location of home in neighborhood, etc.  Most Village on the Lake homes are now selling in the $900,000 and up range, so look to this neighborhood to be a good investment.

The most recent sales in Village On The Lake are as follows:

1600 View Lake Court $860,000  This home is a 2 bedroom view home built in 1989.

15519 Village Dr. $690,500 This VOTL Lake home came on and off the market so fast you may have not seen it!  It is  a 3 bedroom 2274 square foot home built in 1989.

When a Village On The Lake home comes up for sale on the market it doesn’t last long! This Lake Oswego neighborhood is one of the most desirable places it seems – there are a couple coming on soon so let us know if you are interested so that we can try and get you in right away!  Court Olsen 503-899-2968

All About The Oswego Lake Country Club (OLCC)

All About The Oswego Lake Country Club (OLCC) in Lake Oswego, OregonLake Oswego Living

If you are interested in Lake Oswego real estate, then you are usually interested in golfing, schools, boating, or all three. The Country Club is a huge asset to the community and the desirability of living here. Tucked in around the towering evergreen trees and off Country Club Road in the North Shore – Country Club District is The Oswego Lake Country Club.

Since 1924 the Oak trees, Douglas Fir and Maple trees have provided golfers with paradise for golfers on the par 71 course. Skill and golf pride is truly felt in the fairways at OLCC. The Audubon Society recognized this club with the award for responsible stewardship. There are real grass practice grounds at the driving range with target greens. The practice bunkers and the short-game practice area is all professional. U.S. Amateur Champion Chandler Egan designed the original golf course and there’s no doubt he put a tremendous amount of thought into creating OLCC. Mr. Egan also played a vital part in reworking the links at Pebble Beach back in 1922 and most of us know PB is on most golfers short list to play one day.

Oswego Lake Club membership is an important part of maintaining the quality of play at OLCC. Golf course maintenance is not inexpensive. A large staff is paramount in assisting that everything come together. Please contact the club office for more details on membership but here’s a brief outline. The social membership allows members to use club dining facilities, swimming pool, snack bars and participate in club functions. This level of membership allows use of the driving range and practice facilities and social status invites you to compete in in two-ball events. Proprietary membership opens up members to full club access! The course and range are available to use and there are voting privileges on initiatives that are raised by the club board and its committees. All facilities, events and amenities including junior programs are open to OLCC members at the proprietary level.

Oswego Lake Country ClubOLCC prints a member news magazine called TEE TALK. It highlights events on the club calendar and is a showcase for Men’s and Woman’s Club Champion and Senior Champions with pictures of winners. The magazine also features letters from the club president and reports from the greens department. Here, Golf Course Superintendent Bob Senseman can share his experience on water drainage issues, course sand and divot action and seeding the grass. Another important aspect of fairway playability is the schedule for verifying the course and closures while the grounds settle back down. To many folks this is to much talk about dirt and grass and to the golfers following closely it makes a lot of sense and we take pride in the conditions of the club. Monthly dues are important as well as the costs for capital improvement. Over the years alterations have been made to Oswego Lake Country Club. The course changed in dramatic ways in the 1950’s when the layout was updated. New tees are added in 1993 and fairways were improved to allow better drainage. Greens were enhanced and remain fast and near highest standards in the sport. What a great place to play where you live.

The CC motto is Live Where You Play and for 90 years members have called the OLCC an extension of their own homes. The clubhouse has museum quality golf memorabilia displayed within the landmarks walls. The property promotes comfort and class without being uptight and closed minded. In order to continue the success of these standards there are accommodating membership rates for applicants under age 39. This approach to membership promotes generations of contact with Lake Oswego’s pride in golf. Please contact Tiffany Smith the membership assistant to learn more about the comforts OLCC offers. She can be reached at 503.636.3631.

More info about the Oswego Lake Country Club on the North Shore of Lake Oswego:

20 Iron Mountain Boulevard Lake Oswego, Oregon 97034

Clubhouse: 503/636-3631

Written By:  Brian C. Olsen, Cooper Jacobs Real Estate BCO@CooperJacobs.com 503-899-2968

Lake Oswego Waterfront Real Estate Market Update

Lake Oswego Waterfront Homes MARCH 2014 REPORTlake oswego waterfront homes for sale

Oswego Lake Waterfront Property update: Lake Oswego Real Estate activity is increasing as the winter freeze wears off and buyers look around at 2014 market conditions. We certainly had more snow here at the lake then last year and the most snowfall over Christmas in a decade. Lake Oswego Lakefront property is almost always the most desirable, unless one is afraid of water or increased taxes, and the sale prices certainly reflect the appeal of living on or near Oswego Lake.

Here are details on Lake Oswego waterfront HOMES SOLD in the last  month (last 30 days).

4153 Westbay Road SOLD for $1,240,000 just $109,000 less then asking.

112 Northshore Circle SOLD for $1,475,000 only $75,000 below original list price!

1100 Northshore Road SOLD for $2,550,000 just $100,000 less then asking.

All of these Lake Oswego waterfront properties are wonderful and certainly a sound investment. The median Sold price is $1,475,000…not too shabby. This works out to be an average price per square foot to be $430. The homes are predicted to appreciate at around 4.8% annually and that’s relatively conservative. The numbers look good! There are 21 active Lake Oswego waterfront listings currently on the multiple listing service and 9 Lake Oswego waterfront properties for sale are pending.

This data is compiled from the RMLS and includes only Lake Oswego waterfront homes that are lakefront. 

Size of the waterfront homes currently listed FOR SALE is luxurious and large. Most have relaxing outdoor living spaces that make great use of patio space. Some Lake Oswego homes have outdoor fire pits. Why end the evening with smoars when you can start with pizza. Many landscapes have fireplaces with BBQ’s built into them. I would certainly work in an outdoor pizza oven. Homeowners can get plenty of exercise at the house with the average square footage of these fancy homes a spacious 4,856 feet.

Let’s move out of hibernation and into the great outdoors! Let us know if we can help. 503-899-2968 LO@CooperJacobs.com

First Addition Real Estate Market Update in Lake Oswego

Lake Oswego Snow 2014All bundled up in this weather, I hope!  The city of Lake Oswego has actually done a great job keeping our roads passable and safe. I wanted to take a break and dive back into the First Addition Real Estate market now that 2014 is off to a good start. First Addition is one of the oldest neighborhoods in Lake Oswego, and it is filled with character!

If you are thinking about moving to Lake Oswego, then this is a great site to check out different Lake Oswego neighborhoods and learn about Lake Oswego living. If you want to talk to me about different Lake Oswego neighborhoods, schools, etc., I am free anytime and would look forward to making your relocation to Lake Oswego easier all around.  Now, Back to First Addition Homes for sale and real estate market info for the last month…..

First Addition Homes SOLD in last 30 days – just one in the RMLS. In the last 30 days, we have had one large First Addition home for sale close in escrow.   425 G Ave was listed for $1,400,000 and sold for full price on 2/5/2014 after being on the market for 91 days.  It is a Lake Oswego new construction home and has 3890 square Lake Oswego Snow 2014feet, four bedrooms, and 2 baths.  Obviously, the location of this First Addition home is a huge selling point. Proximity to all Downtown LO city amenities is always in demand.

There are 3 First Addition homes for sale that are currently pending in escrow as well as the one which has closed.  These range in list price from $889,000 to $1,250,000 with a median list price of $969,000.  They range in days on market from 0 to 189 days.

So, what is for sale in Lake Oswego’s First Addition neighborhood? There are 6 active First Addition listings in the RMLS currently – single family and labeled First Addition.  These First Addition homes for sale range in list price from $665,000 to $1,050,000 with a median list price of $996,750.  The average dollar per square foot is $253.  These have been on the market for a median days on market of 59 days with a range of 7 days to 208 days.  These homes are located in First Addition on streets such as D Ave, 4th St, 6th St, E Ave, 2nd St, Atwater Rd,  and 9th St.  Among these, you will find presales, new construction, and Lake Oswego properties for sale that don’t have signs out front.  Full details: First Addition Real Estate market 02092014 

No matter what Lake Oswego neighborhood you are interested in, Let us help you get started.  We just need some quick info to get you started:

Blue Heron Neighborhood In Lake Oswego

Blue Heron Homes For Sale in Lake Oswego, ORBlue Heron Easements to Oswego Lake

This Lake oswego neighborhood is a haven of Lake Oswego luxury homes and spectacular Lake Oswego waterfront homes and is basically a peninsula surrounded by canals and the lake on three sides. As a result, you can find beautiful lakefront estates as well as some more affordable waterfront property on the canals.  Blue Heron is located on the South side of the lake and in the Lakeridge High School Boundaries.

If you are interested in Blue Heron Homes for sale and you are interested in taking advantage of living in a lakefront neighborhood, then it is important to talk about easements.  The map to the right is from the Lake Corp which is great place to investigate if you are interested in living on or near the lake or if you are interested in using Oswego Lake at all.  Oswego Lake is a private lake.  Only shareholders who live either on the lake in waterfront homes or live in homes within the easement boundaries are entitled to enjoy the lake.  This particular map shows the four different easements to Oswego Lake in the area and shows which homes in the neighborhood are eligible to join which easement(s).

If you are interested in moving to Lake Oswego and if you want to be able to use Oswego lake, then it is extremely important to know which easement you are able to use with your property.  We can help you figure this out as well as some of the other boudaries for various other amenities and schools.

Village On The Lake in Lake Oswego Oregon Recent Activity

Village On The Lake Real Estate:  GREAT activity in this GREAT Lake Oswego neighborhood! 

Village On The Lake Lake OswegoThe house on View Lake Ct listed for $950,000 is pending and the house on Village Drive at the first entrance to the neighborhood has sold!

15411 Village Drive closed on 11/22/2013.  It was on the market for a whopping 7 days and sold for close to full price.   This gorgeous Village On The Lake home is the first home at the first entrance to the neighborhood on the corner of Summit Dr. and Village Drive just off Iron Mountain Road on the North side of the lake. List price: $899,000 Sales Price: $865,000

Here are the marketing remarks from the RMLS:

Stunning remodel in highly sought after Village on the Lake! Cascading 17ft backyard waterfall over the spacious built-in hot tub. Gorgeous slab granite in gourmet kitchen w/ stainless built-in appliances. 4 bdrms plus den & bonus. All bathrooms remodeled w/ granite and tile throughout. Generous Master Suite w/ walk-in closet and completely remodeled master bath. Guest room w/ attached full bath. Unbelievable home in fantastic location!

Some of the stats on this one:

  • 3809 Square feet
  • 4 bedrooms
  • 3 baths
  • Built in 1989
  • 3 car garage

Easement to Oswego Lake if you join the private neighborhood marina.  There is a beautiful dock, heated bathrooms, shower, canoe/kayak/paddleboard racks, boats slips, swimming area, etc., and it is truly one of the best neighborhood Oswego Lake easements I have seen.

So between these two recent sales as well as sales in previous months, Village On The Lake is proving to be a desirable neighborhood in Lake Oswego. If you are interested in seeing what your VOTL home is worth, please let me know.  If you decide to list with me anytime before 1/31/2014, I will schedule  a FREE Staging consultation for your home and also contribute up to $1500 towards your Staging.  I am happy to sit down and show you some of my marketing tools and why we are different. I can show you comparables on the Lake Oswego real estate market and look forward to hearing about your needs.

Lake Oswego Waterfront Real Estate Market: It’s A Buyer’s Market, But Sellers Still Have A Say

In the last month, there has been enough action in Lake Oswego’s waterfront real estate market to note that sellers of Oswego Lake waterfront properties do indeed have a say, but not enough to rule out a buyer’s market.  In either case, whether you are a buyer or a seller, there are different aspects of the market that should be taken into account.Lake Oswego waterfront homes

What’s for sale on Oswego Lake right now?

Currently, there are 27 Active Lake Oswego waterfront homes for sale on the market in the MLS. These homes range in price from $479,000 to $7,900,000 with a relatively affordable median list price of $1,495,000.  The average dollar per square foot on these is $515 and the median days on market is 102 days with a range of 8 days to 398 days.

What has sold on Oswego lake in the last 30 days – pending Oswego lake waterfront homes sales that have not closed in escrow yet:

There are five Lake Oswego lakefront homes that are pending in escrow right now.  These range in price from $1,349,000 to $1,839,000 with a median list price of $1,579,900.  The median days on market for these 47 days and the average dollar per square foot for these is $401/foot.

Sold Lake Oswego Real estate numbers on the lake:  

One Lake Oswego waterfront home that was listed in the MLS and is on the lake has closed in escrow. You can see full details here: lo waterfront sold detail 11032013, but basically it was an Oswego Lake waterfront home located at 2240 Summit Court.  It was listed for $2,595,000 and on the market for 93 days.  It has a final sales price of $2,375,000 which at 5036 square feet  is $472/square foot.

Here are the RMLS remarks for 2240 Summit Court:

Stunningly well built traditional w/commanding 180 degree views of Oswego Lake. Located on a rare cul-de-sac this timeless design was built w/tomorrow in mind; 3 stop elevator, floor to ceiling windows, great room concept, large recreation room w/ wet bar, 850 bottle self cooling wine cellar, safe room, large interior shop, oversized 3 vehicle garage, boat house, dock and lift!

There are some good choices for waterfront homes on Oswego Lake right now, and of these there is a good range of price and style.  You can find homes on both Lakers and Pacers side of the lake and also in a wide variety of waterfront types such as main lake, bay, and canals.  Just last week a beautiful home I have been photographing for months came on the market. I would be so excited to show anyone this particular home and the brokers open last week was obviously a hit.  Call me if you want to learn more about what is on the market, how much your home might be worth, or just Lake Oswego in general.  It is a great place to live and a wonderful place to move to.  I look forward to sharing it with you!

You can see Lake Oswego waterfront homes for sale on our corporate site. We are also happy to show you out favorites and help you figure out what part of the lake is best for you.

 You can also get in touch with me easily if you want direct help or  if you are interested in learning more:  

Court Olsen   Call or text me:  503-899-2968 email:  CO@CooperJacobs.com

Cooper Jacobs Real Estate – Lake Oswego, West Linn,  and Portland Neighborhood Realtors

Looking For Lakeside Listings in Lake Oswego on the Lakers or The Pacers Side Of The Lake?

Looking For Lakeside Listings in Lake Oswego on the Lakers Side Of The Lake?LOHSMIssion

Lake Oswego waterfront homes

After last week’s football game between Lake Oswego High School and their rival on the other side of the lake Lakeridge High School, you may be changing your mind as the Lakers lost, but many people do in fact still want to make sure that they live on one side of the lake or the other because of their preference in schools, specifically the two rival high schools.  Although, both schools are stellar and LOHS has been consistently ranked as GOLD in US News, Lakeridge was not ranked academically as high as usual recently, unfortunately (and unfairly as we see it).

Whether you are a Pacer or a Laker, you can still live in one of the great Lake Oswego waterfront homes or one of the amazing Lake Oswego neighbohoods.  Lake Oswego is home to great opportunities in housing  including spectacular Oswego lakefront homes which compare to no others.  You can buy waterfront homes on either side of the lake.

LRHS Mission

In addition, if you don’t want the expense or maintenance of being a waterfront property owner, there are 20 Oswego Lake easements which provide access and amenities to the lake.  Oswego Lake is private, so if you want to take advantage of the beauty and water sports on the lake, then you definitely need to talk to us about which type of home and all neighborhood works best for your particular needs.  Not all easements on the lake are created equal and not all  homes in LO belong to easements.  Some Lake Oswego homes belong to more than one easement and some Lake Oswego homes for sale belong to no easements on the lake.  Finding someone who can guide you through the process is pretty important so that there are no surprises.

You can see Lake Oswego waterfront homes for sale on our corporate site. We are also happy to show you out favorites and help you figure out what park of the lake is best for you. LO@cooperjacobs.com

 You can also get in touch with me easily if you want direct help or  if you are interested in learning more:  

Court Olsen   

Cooper Jacobs Real Estate

Call or text me:  503-899-2968 

CO@CooperJacobs.com

*Mission statements courtesy of school websites sited in article. 

Lake Oswego 4th Of July Celebrations Everywhere!

Celebrate our country’s independence LO style!

Lake Oswego July 4th Celebrations!

Everywhere you look in Lake Oswego Oregon today is a celebration!  From the back yard and front porch home parties to all the events in Downtown LO and the look at Oswego Lake itself.

Starting at 10 AM this morning we were treated to a lovely July 4th parade right through town.  Then Millenium Plaza Park with many activities and the boat parade at 1:00.  This is not to mention all the boating going on elsewhere in the lake.  Oswego Lake is full of bobbing boats covered in teenagers, wake boarders, inner tubes jumping in the wake as they are pulled around the lake, and just about everyone you could imagine.  It is a perfect day weather wise with just the perfect breeze in the air and gorgeous blue skies.

Tonight half an hour past sunset at around 9:45 at the Lake Grove Swim Park will be the big fireworks show. The Lake Corporation Fireworks Show will be a site to see and a perfect end to the long day.  Most of the boats on Oswego Lake will be hanging out on that end of the lake.

Lake Oswego is a great place to live and a wonderful spot to celebrate the Fourth of July!