Tag Archive for lake oswego real estate

Lake Oswego Waterfront Real Estate Market Update November 2013

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

Oswego Lake Waterfront Homes Real Estate Market 2013

Lake Oswego, Oregon Waterfront Homes Market Update Oct 2013

Lake Oswego waterfront homesThis is for single family homes (not Oswego Lake condos)

There are 25 active Lake Oswego waterfront homes for sale currently in the RMLS.  As always, if you know of a FSBO Lake Oswego waterfront home that should be included in this mix, please let me know. The homes currently listed on the shores of Oswego Lake have been on the market anywhere from 1 day to 374 days with an average days on market of 96 days and a median days on market of 87 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 $537.  A quick note that in walking along Lakeview, I did see a sign go up so there should be another Lakeview waterfront home going up soon, too. Let me know if you are interested and I can get you the details before it goes live. 

There are 5 Lake Oswego waterfront homes that are pending currently in the RMLS. They range in list price from $1,400,000 to $2,595,000 with a median list price of $1,795,000 and an average dollar per square foot of $427.

Looking back over the last month, there have been no Lake Oswego waterfront homes that have sold and closed in escrow.

The overall dollar per square foot for all 30 of these Lake Oswego waterfront properties is $516 with an overall median days on market of 93 days.

 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  (You can also call me if you are interested in learning more:  C Olsen 503-899-2968  Cooper Jacobs Real Estate )

Lake Oswego Waterfront Homes Real Estate market Update Sept 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

Village On The Lake Real Estate Update June 2013 Lake Oswego OR

Village On The Lake Real Estate Update June 2013 Lake Oswego OR:  Village On The Lake

It’s the last day of June 2013 – hard to believe it!  There has been a swarm of Village on the Lake real estate activity recently!  Some has been off market and some on market by Realtors in the MLS.  This information is on both.

Active Village On The Lake Homes For Sale:  Currently there are two homes for sale in the Village On The Lake Neighborhood in Lake Oswego, Oregon. One of them located on Village Drive has a sign up, but is not listed in the MLS as of yet, however in speaking with the agent it is just under $900,000. Now that the tenants have moved out, I believe it may be going on the public MLS.   The other one of the Village On The Lake Homes for sale  is a two bedroom on View Lake Court that has been listed for about a month with an asking price of $1,295,000.  Both of these homes have great views of Oswego Lake and the neighborhood as a whole has one of the best Oswego Lake easements and marinas on the lake.

village on the lake living in lake oswego orPending Village On The Lake Homes For Sale:  There is one home in the Village on the Lake community that is pending in escrow at the moment.  After just 12 days on the market this Village Drive home went pending on 6/19/2013.  It is rather large at 5247 square feet with 4 bedrooms and a nice view of Oswego Lake.  The asking price on this one was $1,295,000.

Closed Homes In Village On The Lake – Last six months:  There are three official closed sales in the neighborhood ranging from $625,000 to $812,500 and an off market one that our own brokerage Cooper Jacobs Real Estate also closed on Friday for $775,000.

Here’s the candid scoop and details on those homes that sold in Village On The Lake in the last 6 months: 

1579 Bay View Lane:  4 bedrooms, 4685 square feet finally sold on 5/29/2013 after 133 days on market for $625,000 by a different listing broker after being originally listed by Mary Stewart of Home Trust Real Estate back in December of 2012 for $735,000.  This home has good views of Lily Bay and large square footage.  the floorplan is quite different for the majority of the neighborhood and is an upside down one with many of the bedrooms/living space downstairs.

Village Drive homes

15536 Village Drive:  5 bedrooms PLUS bonus space with a total square footage of 3874, this home’s final sales price was $775,000  sold by Cooper Jacobs Real Estate just this week on 6/28/2013.

1670 Village Park Ln:  closed on 5/15/2013 after being on the market for 44 days.  It had a list price of $749,500 and a final sales price of $715,000. This home is a 4 bedroom with 3466 square feet and on a great street in the neighborhood.

1667 Village Park Lane:  another great house on Village Park Lane, this 5 bedroom 5027 square foot home had previously been an auction home and sold back in September of 2012 for $525,000.  It was purchased and remodeled and put back on the market and originally listed at $975,000 on March 4th of 2012.  The sellers dropped the price down to $849,000 before it sold and a final sales price on 6/20/2013 was $812,500.  Village On The Lake Marina Easement

If you are interested in Village On The Lake or Village On The Lake homes for sale, please get in touch with me.  It is a great neighborhood and I am happy to show you why.  If you are looking for Lake Oswego Realtor, we can help you find your next home or sell the one you are in for top dollar. LO@CooperJacobs.com

Lake Oswego Easement Neighborhoods Welcome Warm Weather And Lake Fun

Oswego Lake June 2013

Enjoying Oswego Lake:

School is out and the rain has gone away.   It is absolutely gorgeous out there and the boats are coming out. The high today should be around 79 or 80 degrees and we are inflating our inner tube.  If you are relocating to Lake Oswego Oregon and wondering where you should live so that you may enjoy Oswego Lake, then there are some basics you should know. Oswego Lake is a private lake.  It is not open to the public.  This is probably the single biggest surprise for newcomers to the area. Buying one of the Lake Oswego waterfront homes for sale is not the only way to enjoy the lake.  There are many parts of Lake Oswego that have neighborhoods with easements to the lake.  This means you may enjoy waterfront living in the form of boating rights, lake rights, swimming, etc.) without the price of a waterfront home.

Current Easements on Oswego Lake According To Lake Corp.:  

Alder Point Club, Blue Heron Easement, Bryant Park, Forest Hills Easement, Goodin Easement, Lakeview Recreation, Lakewood Bay Community Club, Lakewood Yacht Club, Maple Circle Easement, North Lake Club Easement, Oswego Lake Villas, Oswego Shore Estates, Palisades Park, South Shore Glen, Southview Club, Springbrook Easement, Summit Court Easement, Uplands Easement, Village On The Lake, Woodside Circle.

Below is the current Oswego Easements Map from The Lake Corp which owns the lake bed of Oswego Lake.   You can see the full sized map on their site.

Lake Oswego Easement Map

Finding A Home On Oswego Lake with an Easement:

If you are looking at Lake Oswego Realtors and interested in finding a home that has an easement to Oswego lake, please let us know – we can help you find Lake Oswego waterfront homes, Lake Oswego Easement homes, and any other types of Lake Oswego real estate.        LO@CooperJacobs.com

Lake Oswego Weather Cool Down, But Some Great Homes For Sale

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Lake Oswego really has cooled down this week, but real estate is still popping up. The sunny days are gone for just a bit, but its good for keeping things green and cleaning the pollen out of the air!

There are some amazing homes for sale in Lake Oswego. Let us know what you are looking for.  The “sale pending” strips keep going up and with school winding down, there is sure to be a surge of new home buyers competing for what is on the market.

If you are new to Lake Oswego, then there are some basics you will need to know about.  It is helpful, for example, if you are here for the schools to know which schools serve which parts of Lake Oswego.  Another super big tip if you intend on using Oswego Lake at all is to know that it is a private lake.  The lake is not open to the public, but access is given to the shareholders who either own Lake Oswego waterfront property or shareholders who are part of an easement in a surrounding neighborhood.  If taking advantage of all that Oswego Lake has to offer is an important criteria for you then you need to be well aware of what your rights are to the lake and how they differ with each specific property.

There are a couple exceptions which open up the private lake to more than waterfront and easement holder property owners. These include the Lake Grove Swim Park for anyone who lives within its specified boundaries and there is also the Lake Oswego Swim Park on the other side of the lake.  Here is what the city says about the Lake Oswego Swim Park on their site:

LAKE OSWEGO SWIM PARK is a public facility featuring a wading pool, intermediate section and lap pool under the supervision of certified lifeguards. The park is open to residents only at no charge. Children under the age of 10 must be accompanied by an individual 16 years or older. The “buddy system” will be enforced. No one will be allowed to swim alone. Groups of more than 12 should phone ahead by calling 503-636-6780. Park closure is considered whenever the air temperature drops below 65 degrees. A sign will be posted at the park. Information also available by calling Parks & Recreation at 503-675-2549. ***Residents Only. July 2 – August 31, 12-6 pm (7 days a week)

There are other little nuances about buying property in Lake Oswego. Please email if you are interested in learning more or if you would like to see what is for sale right now. If you are interested in Lake Oswego Realtors or would like to tour some Lake Oswego Homes For Sale, we are happy to help!   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