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 Waterfront Wrap Up September 2013

A peek at Lake Oswego waterfront real estate at summer’s end…

lake oswego waterfront homes for sale

Summer is winding down in Lake Oswego as much as we hate to look around and admit.  The leaves have been starting to blow a bit more and I have even seen them in the street… There are 39 active Lake Oswego waterfront homes for sale currently in the RMLS.  If you know of a FSBO Lake Oswego waterfront home that should be included in this mix, please let me know. The homes and condos currently listed on the shores of both Oswego Lake and the Willamette River have been on the market anywhere from 1 day to 351 days with an average days on market of 97 days and a median days on market of 76 days.  They range in price from $479,000 to $7,900,000 with a median list price of $1,495,000 and an average dollar per square foot of $464.

There are 6 Lake Oswego waterfront homes that are pending currently in the RMLS. They range in list price form $379,000 to $2,595,000 with a median list price of $1,597,500 and an average dollar per square foot of $376.

Looking back over the last month only for Lake Oswego waterfront homes that have sold and closed in escrow, there have been 4 of them ranging in sale price from $915,000 to $1,268,000 with a median sales price of $1,062,500 and a median list price of $1,400,000.  The average dollar per square foot on the list price for these sold homes is $296.

Here are the details of the sold properties:

5320 Childs Road in Lake Oswego is technically in Rivergrove and is a 5 bedroom 3 bath which was listed for $949,950 and sold for $915,000 on 8/27/2013.

12700 Fielding Road in Dunthorpe is a 3 bedroom 3 bath 3025 square feet home on the Willammette River.  It was listed for $997,500 and sold on 8/23/2013 for $950,000.

17485 Cardinal Drive in LO sold on 9/4/2013 for $1,175,000.  It was listed for $1,195,000 and located in Blue Heron Villas.  It has 4 bedrooms, 3 baths and is 3307 square feet.

17809 Kelok Road in LO sold recently as well.  5 bedroom and 3 bath with 3700 square feet.  It is located in the Lake Haven neighborhood and is on one of the canals on Oswego Lake. It was listed for $1,249,000 and sold for $1,268,000 on 8/21/2013.

The overall dollar per square foot for all 49 of these Lake Oswego waterfront properties is $296 with an overall median days on market of 77 days.

Some basics about Lake Oswego Waterfront Real Estate:

There are canals to the main lake and there is also Willamette River waterfront property.  Oswego Lake is a private lake and in order to be able to boat in it you must either live in a Lake Oswego waterfront home or live in a home with a lake/boat easement.

There are many different options for both choices. For Oswego Lake waterfront homes you can look at both the South and the North shore. There are also many canals and bays off of the main lake. There are two high schools in Lake Oswego so if a particular one is important to you than it is important to know where the Lake Oswego high school boundaries are.

Having an easement to Oswego Lake is a more affordable way to have good access to the lake. There are many different Lake Oswego neighborhood easements to choose to be a member of so again look at boundaries and also look at the individual easements themselves. They all differ from each other so choose a home in a neighborhood with an easement that suits you. Keep in mind they have limited boat slips and have different ways if allocating those to easement members so you may not get a slip right away or even soon.

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

Look What Has Sold For Lake Oswego Waterfront Homes In The Last Six Months

Lake Oswego Waterfront Homes For Sale:  Market Activity May 2013

Lake Oswego waterfront homes
Lake Oswego waterfront homes come in many shapes and sizes…

Sold Lake Oswego waterfront properties closed averaging 92.18% of their Final List Price. This reflects a 7.82% difference between Sale Price and List Price. They ranged in price from $415,000 to $3,200,000.  The average price of these was $1,329,758 and the median price was $1,115,000.  The median square footage was 3691 square feet and the median days on market for these Lake Oswego waterfront homes that are SOLD is 214 days.

It is interesting to note that while most of the sales were conventional financing, FIVE of the following homes were all cash buyers.  This is a good tool to have in your back pocket when competing against other Lake Oswego waterfront buyers or as a seller when reviewing offers.

18140 Pioneer Court, built in 1980, 4 bedrooms, 2.1 baths, 2537 square feet $415,000

16621 Graef Circle – built in 1937 , 3 bedrooms, 1.1 baths, 2170 square feet $437,500

17680 Blue Heron Dr, built in 1968, 4 bedrooms, 3 baths, 3070 square feet, $725,000

340 Ridgeway Rd, built in 1935, 3 bedrooms, 3 baths, 3796 square feet, $730,000

17301 CANAL CIR Built in 1937, 3 bedrooms, 2.1 baths, 1812 square feet, $749,000 (CASH)

831 NORTHSHORE RD  built in 1975, 3 bedrooms, 2.1 baths, 2113 square feet, $785,000 (CASH)

17775 KELOK RD  built in 1977, 4 bedrooms, 2.1 baths, 2882 square feet, $846,000

4033 WESTBAY RD  built in 1998, 4 bedrooms, 3.1 baths, 3691 square feet, $1,115,000  (listed for $1,195,000 and sold for 93% of that after 30 days on market.

1655 EDGECLIFF TER built in 1964, 4 bedrooms, 3.1 baths, 3416 square feet, $1,125,000 (listed for $1,175,000 and sold for 96% of that after a cumulative total of 182 days on market.)

2092 SUMMIT DR built in 1982, 4 bedrooms, 4.1 baths, 4441 square feet, $1,295,000 (CASH sale and sold at 100% of list price after a cumulative market time of 289 days)

lake oswego waterfront homes
More beautiful Lake Oswego homes around the lake

3917 SOUTHSHORE BLVD built in 2007, 3 bedrooms, 4.1 baths, 4657 square feet, $1,750,000

2700 SUMMIT DR built in 1945, 5 bedrooms, 3 baths, 4472 square feet, $1,753,875 (CASH buyer – listed for $1,800,000 and sold for 97% of that with no market time)

15825 OSWEGO SHORE CT built in 2006, 3 bedrooms, 3.1 baths, 4317 square feet, $1,875,000

1800 NORTHSHORE RD  built in 1994, 4 bedrooms, 6.1 baths, 7660 square feet, $3,145,000 (CASH)

3142 LAKEVIEW BLVD built in 2006 4 bedrooms, 5 baths, 5554 square feet, $3,200,000
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Lake Oswego RealtorsIf you are interested in buying or selling in Lake Oswego, please let us know.  We are happy to provide you with the current market environment and help you make the best plan depending on your situation. Lake Oswego is a great place to live and a better place to buy or sell with the right help. LO@CooperJacobs.com