Village On The Lake has long been one of the most sought after Lake Oswego neighborhoods with Village On The Lake homes ranging in the low $800k to $2M range generally. This well organized and desirable neighborhood provides deeded access to Oswego Lake so that you can live the lakefront lifestyle but not pay the price of Lake Oswego waterfront homes.
Please let us know if you are interested in seeing what is for sale in Village On The Lake: call/text 503-853-5506
Brian Olsen, Lake Oswego Realtor, Keller Williams Portland Premier
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:
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.
The beautifully handcrafted Stone Villa on Lakeview Blvd finally sells – a long time one of my personal favorite Lake Oswego waterfront homes for sale, 3232 Lakeview Blvd has closed in escrow! This waterfront gem has been my favorite for a variety of reasons, but mostly because I like the potential that it has always represented. The villa is a shell of a mansion as in it still needs the interior finish work.
Here is the verbiage from the listing in the RMLS:
This enchanting Italian stone villa is waiting for your vision of the interior finish. Over $4 million has been invested in the exterior improvements. The spectacular stone facade is reminiscent of old villas on Lake Como. Lower level has an indoor pool, sauna, wine cellar and exercise room. Elevator to all 3 levels. Hot tub and boat house are completed. Interior is ready to sheet rock.
And here are some the details of this seriously unique and special Lake Oswego waterfront property:
7000 square feet
indoor swimming pool
built in 2003
2 car garage
.23 acre lot
Details of the market time of this home:
3232 Lakeview Blvd closed in escrow on 5/29/2014 for $2,250,000 after 1113 days on market recently. It was originally listed on 6/23/2008 by a different brokerage for $6,300,000 for 361 days. The most recent market listing began in April of 2011 at a price of $4,450,000 before being reduced to $3,400,000 in February of 2012 and then $2,900,000 in March of 2012 and then to 2,590,000 in February of 2013. That was the last list price before it sold this last week. The purchase price that was settled on is a considerably good price even just form an investment point of view. There is a one time $5000 payment for the Oswego Lake waterfront share that the house is deeded with. The annual taxes on this home is currently at $56,687.37 according to the listing.
Lake Oswego Waterfront Homes For Sale:
Please let us know if you are interested in any of the beautiful Lake Oswego waterfront homes that are listed right now. We are happy to show you lakefront homes on Oswego Lake no matter who they are listed with and look forward to being your advocate.
Additionally, if you are a Lake Oswego seller, please let us know how we can help you. There are some amazing listings that you will be competing with at the moment so pricing and presentation are key starting points. Our unique marketing will help put you ahead of the competition and get the best return on your investment.
Court Olsen & Brian Olsen, Cooper Jacobs Real Estate
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 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
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.
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
All 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 feet, 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:
Lakewood is one of our favorite neighborhoods in Lake Oswego, Oregon.
It is a lovely waterfront neighborhood that basically surrounds Lakewood Bay. Lakewood Bay is the smaller Bay adjacent to Downtown Lake Oswego and the neighborhood of Lakewood hugs its shores. There is a canal to the main lake from Lakewood Bay which is quite charming to go through by boat. The majority of the neighborhood is a peninsula and the homes are character of the streets is just charming. South of Lakewood is the Eastern portion of Oswego Lake where the Lake Corp is situated.
While looking for Lakewood homes for sale, you will find many gorgeous view homes, Lake Oswego luxury homes, and Lake Oswego waterfront homes in addition to non-waterfront homes. This is because the neighborhood is comprised of much waterfront and within Lakewood is Half Moon Bay (part of “The Peninsula”) and parts of the North Shore. Each of these individual sections of Lakewood offer unique characteristics. You get South facing, North facing, West facing, and East facing waterfront homes in this neighborhood. Lakewood waterfront homes come are located in three separate sections of Oswego Lake, too! Where else can you find so much variety in one neighborhood?
1925 advertisement declared “Of all Lake Oswego’s districts Lakewood is the most accessible –the nearest—possessed of modern advantages. There is no more beautiful spot anywhere.”
Lakewood Real Estate Market Update:
Homes in this Lake Oswego neighborhood are coveted and as a result there have not been a lot of Lakewood homes for sale for the past 12 months. In looking through the RMLS, for residential detached homes marked in the Lakewood neighborhood, there have been even less, but drawing a precise shape around the official neighborhood boundaries, there are additional properties to include in our market numbers. Lakewood waterfront homes and homes in the peninsula portion of the neighborhood are highly sought after, but all homes in this neighborhood tend to be desirable.
There are only three single family Lakewood homes for sale currently. These are located on Middlecrest Rd, Ridgeway Rd, and Lakeshore Rd, and range in list price from $629,900 to $2,295,000. The average dollar per square foot on these is $482. The median days on market is 144 days and the median price is $895,000.
In the last 12 months, 11 Lakewood homes have sold – again single family homes. No condos in these numbers. These Lakewood homes have a median list price of $625,000 and a median sold price of $580,000. The average dollar per square foot based on their final sales prices was $313 and there was a median days on market of 85 days.
If you are interested in exploring Lake Oswego’s Lakewood neighborhood, please let me know. I am happy to show you my favorite Lakewood homes for sale and also happy to tell you about the neighborhood or other Lake Oswego neighborhoods.
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.
Seems like everyone is out running around holiday shopping, but that isn’t completely true in the Lake Oswego waterfront real estate market anyway. There are SIX Lake Oswego waterfront homes that are pending in escrow currently. These are single family homes on Oswego Lake and listed in the RMLS.
Lake Oswego Waterfront Homes For Sale & Market Update
If you are still interested in purchasing on the lake this holiday season, you have some great choices. There are 21 Active Lake Oswego waterfront homes for sale at the moment in the RMLS. These range in price from $479,000 for an Oswego waterfront house for sale on Southshore Blvd. to $7,900,000 for a substantial estate on Palisades Terrace Drive with a median list price of $1,590,000.
The pending homes in escrow which have already gotten into contract range in price from $499,000 for a “scrape job” on Kelok Rd with the boat dock already in to $1,839,000 for a home on Lake Front Rd. with a median list price of $1,539,950 and an average days on market of 66 days for their current listing periods and 360 days for the cumulative days on market listing period.
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 about Lake Oswego waterfront real estate or neighborhoods in LO. I live in LO and enjoy our Oswego Lake lifestyle and look forward to showing you my favorite parts of this amazing community. Happy Holidays!
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
Village On The Lake Real Estate: GREAT activity in this GREAT Lake Oswego neighborhood!
The 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
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.
If you have had your head up at all, you may have noticed a lot more activity this year. Sales volume for total homes sold in Lake Oswego (listed in the RMLS) has returned to pre 2008 levels.There have been 648 Lake Oswego homes sold this year alone so far from 1/1 to 11/11. This hasn’t been higher since 2005 when during the same period 688 homes sold. Total sales volume this year has been $383,628,000 which hasn’t been topped since 2007 when it was $383,834,000 for the same period.
Charts below illustrate year to date for the same periods for 2004 through 2013 so you can see the dip and recovery. If you questioned whether or not you should put your Lake Oswego home on the market, then this should clear it up. The median price of these sold homes is $500,000 for 2013 so far. Last year for this period, it was $448,700. If you are interested in buying or selling Lake Oswego real estate, please get in touch with us so that we may help you evaluate your options. Thank you in advance! LO@CooperJacobs.com 503-899-2968
All data compiled by Principal Broker Court Olsen using data from the RMLS. CooperJacobsPDX
Lake Oswego Homes For Sale: Listings here include Lake Oswego waterfront homes, Lake Oswego easement homes, riverfront, lakefront, etc. They are all detached units and residential only using area 147 and the city of Lake Oswego Oregon which is zip codes 97034 and 97035.