Lake Oswego

Located in Clackamas County, Lake Oswego is one of the most affluent suburbs of Portland with some of the highest-priced real estate in the area. Located just south of Portland, Lake Oswego surrounds the 405-acre Oswego Lake, and from the bluffs surrounding the lake you will find beautifully situated million dollar homes and lush, carefully preserved scenery.

Lake Oswego hosts a perfect sized downtown area full of boutiques, restaurants and meeting places. Outdoor art graces each downtown block, and the town is enhanced by beautiful hanging baskets, plaza plantings and green trees everywhere.Held early each summer, the Lake Oswego Festival of the Arts has been in operation since 1961. The three-day event showcases the visual arts, performance and artist demonstrations. The City of Lake Oswego Parks and Recreation department provides a variety of recreational and community services for all ages and abilities year round.

It's a proud community of approximately 35,000 residents with limited commercial development and light manufacturing. Lake Oswego offers full-service police and fire protection, a top ranked library, and an award-winning senior center, as well as some of the best schools in Oregon. In fact, the schools in Lake Oswego rate among the best in the county, with more than 80% of high school students going on to attend college. The city benefits from easy commuter and recreational access to nearby cities, including the great city of Portland - only minutes away.

LAKE OSWEGO HISTORY

Until the mid-1800s, Lake Oswego was a sleepy assembly of homesteads and farms between the Willamette and Tualatin Rivers in Oregon. The town of "Oswego" was founded in 1847 by Albert Alonzo Durham. He secured the first Donation Land Claim, and named the town after his birthplace in New York. Due to the discovery of iron ore in the Tualatin valley in the min 1800's, Oswego became a booming city. It boasted a growing population, four general stores, a bank, two barber shops, two hotels, three churches, nine saloons, and Davidson's drugstore. An opera house proved to be a profitable investment. Until 1886, when a narrow gauge railroad between Portland and Oswego was built, Oswego was a remote place. It could be reached only by river boats and narrow dirt roads. The Southern Pacific Railroad acquired the line before the end of the century and widened it to standard gauge. In 1914, it was electrified. The rapid, clean, and quiet trains stimulated residential development in Oswego in the 1920s and 1930s. Residential development around the perimeter of Oswego Lake accelerated in the 1940s and '50s. With the annexation of part of Lake Grove to the west in 1960, the name of the city was changed to Lake Oswego.

LAKE OSWEGO REAL ESTATE

Lake Oswego offers luxurious hilltop abodes, modern estates, and custom new construction homes, as well as a wide assortment of beautiful historical properties. Lake Oswego is one of the most expensive real estate neighborhoods in Portland, particularly the homes on directly on Oswego Lake.

A historic walking tour guide is available from the Lake Oswego Chamber of Commerce. It showcases the First Addition, the second oldest neighborhood in Lake Oswego. The tour includes houses built in many architectural styles, including Gothic, Craftsman, Colonial Revival, Vernacular and English Cottage.

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New Listings

Featured picture for the property 18431230
$279,900
Lake Oswego, OR
2
beds
2
baths
Listing courtesy of Equity Oregon Real Estate RMLS
Featured picture for the property 18279587
$219,000
Lake Oswego, OR
2
beds
2
baths
Listing courtesy of MORE Realty RMLS
Featured picture for the property 18093258
$995,000
Lake Oswego, OR
2
beds
1.1
baths
Listing courtesy of Harnish Properties RMLS
Featured picture for the property 18630373
$755,000
Lake Oswego, OR
4
beds
2
baths
Listing courtesy of Hasson Company RMLS
Featured picture for the property 18136252
$1,295,000
Lake Oswego, OR
4
beds
3
baths
Listing courtesy of Taylor Group Realty RMLS
This content was last updated on May 23, 2018 9:27:am. 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. 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 Keller Williams are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2018 RMLS™, Portland, Oregon.

Today's Market Trends for Lake Oswego *

$1,185,450

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$335

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316

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* All data pertains to single-family homes