1515 CHERRY LN Lake Oswego, OR $ 2,385,000
1515 CHERRY LN
$ 2,385,000
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1515 CHERRY LN

Lake Oswego, OR, 97034
$ 2,385,000
Bedrooms5 Baths5.1 Sq 5,719

Monthly Estimate*

$ 16,660

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Single Family Home for sale in Lake Oswego, OR

for $2,385,000 with 5 bedrooms and 5 full baths, 1 half bath. This 5,719 square foot home was built in 1918 on a lot size of 0.57.

Historical estate with historical interest rate opportunity. 4.5% seller financing available for qualified buyer. This exquisitely revitalized English Cottage-style residence in Lake Oswego's Glenmorrie neighborhood seamlessly blends historic charm with modern luxury. Originally designed in 1918 by Sutton & Whitney and meticulously refreshed by designer Phil Chek, this 106-year-old home sits on half an acre of land. The interior features a layout perfectly suited for entertaining with new, imported French oak hardwood floors and freshly painted white walls. The home seamlessly integrates indoor/outdoor living, with the living room leading to a covered patio, the dining room providing a connection to the backyard, and a well-appointed kitchen featuring quartz countertops and a charming wood-burning stove. The basement, with a unique history as part of the original ranch reservoir, serves as additional storage. A guest or nanny quarters, a newly-built three-car garage, and a century-old legacy make this timeless architectural icon an exceptional property.

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Single Family Active

Price

$ 2,385,000

Bedrooms

5

Full Bath

5

Half Bath

1

Property Type

Single Family

Taxes

$ 12,534

Style

Cottage,English

Lot Size

0.57

Year Built

1918

Town/City

Lake Oswego

County/Region

Clackamas

MLS | Web ID

24261115

Features
General
Interior Features Floor3rd HardwoodFloors Laundry Quartz SoakingTub TileFloor
Sewer PublicSewer
Heating ForcedAir MiniSplit
Cooling CentralAir
Roof Tile
Appliances BuiltinOven BuiltinRefrigerator Cooktop Dishwasher Disposal Island Microwave Pantry Quartz
Exterior Features AccessoryDwellingUnit CoveredPatio GuestQuarters Outbuilding Patio Yard
Garage Spaces 3.0
Architectural Style Cottage English
Year Built 1918
Stories 3
Property SubType SingleFamilyResidence
Tax Year 2023
County Clackamas
Property Type Residential
Status Active
Directions Hwy 43 to Cherry Ln
High School Lakeridge
City LakeOswego
Disclosures Disclosure
MLS Area _147
Lot Size Square Feet 24829.0
Street Name CHERRY
Listing Terms Cash Conventional
Elementary School Hallinan
Tax Annual Amount 12534.38
Middle/Junior High School Lakeridge
Property Condition Resale
Virtual Tour https://vimeo.com/896567371/319d452316
Days on Market 120
Standard Status Active
Legal Description PARTITION PLAT 2021-011 PARCEL 1
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Interior
Basement Unfinished
Total Fireplaces 3
Fireplace Features Gas WoodBurning
Hot Water Gas
Full Baths 5
Street Suffix LN
Total Bathrooms 5.1
Total Bedrooms 5
Total Baths 6
1/2 Baths 1
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Exterior
Parking Features Driveway
Lot Features Trees
Water Source PublicWater
Total Parking 3.0
Garage Type Detached
Exterior Description HardConcreteStucco
Building Area Total 5719.0
Lot Size Acres 0.57
Road Surface Type Paved
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Internal Only
Street Number 1 1515
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* Excluded Features
List By
Luxe Forbes Global Properties

Broker

terry@luxeoregon.com

Email

Affordability Calculator

$17,704
Per Month
94%
6%
0%
Monthly Principal & Interest
$16,660
Monthly Property Taxes
$1,045
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949234 Elementary School
1950162 Middle School
Lakeridge High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2024$2,385,000 -10.84% Price Down
1/5/2024$2,675,000 Listed Price

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1515 CHERRY LN, Lake Oswego, OR, 97034 is a Single Family Home for sale at $2,385,000 with 5,719 sqft and a lot size of 0.57. 1515 CHERRY LN has 5 bedrooms, 5.1 baths, and was built in 1918. The property's zip code is 97034 which is in Lake Oswego, OR