17367 CANAL CIR
Lake Oswego, OR, 97035 $ 2,185,000
Bedrooms3 Baths3.1 Sq 2,551 Monthly Estimate*
$ 13,453
for $2,185,000 with 3 bedrooms and 3 full baths, 1 half bath. This 2,551 square foot home was built in 1935 on a lot size of 0.17.
Tucked gracefully above the canal, this one-of-a-kind waterfront residence blends timeless 1930s cottage charm with modern, high-end enhancements. Originally built in 1935, the home underwent an architect-led transformation in 2010 by Susan Collard, known for her sensitive approach to historic remodels, in collaboration with respected local builder Mike Mertes of Britewood Construction.The reimagined design added a second story featuring a serene primary suite with an en-suite bath and a reading nook. The main level was reconfigured to include a second full bathroom.Character was preserved throughout with custom fir trim, built-ins, and carefully matched windows, creating a seamless blend between old and new. The heart of the home—a beautifully designed kitchen with walk-in pantry—was built with both hospitality and heritage in mind. The previously unfinished basement was fully excavated and finished with poured concrete walls and floors—bringing functionality to the lower level.The original garage, previously converted to an office, has been thoughtfully remodeled into an inviting guest suite with its own bathroom. Highlights include a locally crafted metal sink, heated marble tile floors, and a cozy gas fireplace, creating a private retreat with architectural flair.In 2018, an additional detached studio was designed and built at the water’s edge—perfect for art, carpentry, or quiet reflection. A private dock with an electric boat lift was added for effortless access to the lake lifestyle.Lush, layered landscaping and bespoke stonework, created by Rick Hansen of Pacific Garden and Waterworks, frame the property with natural elegance and privacy, completing this truly special lakeside escape. Enjoy boating, canoeing or paddle boarding to the Farmer’s Market, dining lakeside, or catching a movie across the bay. Access to parks, along with nearby coffee shops and markets, makes everyday living feel like a retreat.** EV charger located along parking pad **
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FeaturesInteriorInterior Amenities HardwoodFloors HighCeilings Laundry ReclaimedMaterial SolarTube TileFloor WasherDryer
Basement PartialBasement
Total Fireplaces 2
Fireplace Features Electric Gas
Hot Water Tankless
Window Features VinylFrames
Total Bathrooms 3.1
Total Bedrooms 3
Total Baths 4
1/2 Baths 1
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances BuiltinOven CookIsland Cooktop Dishwasher Disposal FreeStandingRefrigerator GasAppliances Pantry StainlessSteelAppliance
HOA Fee 2700.0
Garage Spaces 0
Architectural Style Cottage Traditional
Security Features Entry
Year Built 1935
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number 00322396
Waterfront Features Lake
HOA Fee 2 7500.0
Assoc Fee Paid Per Annually
County Clackamas
Property Type Residential
HOA Y
Full Baths 3
Status Pending
Directions LAKEVIEW OR McVEY TO SOUTH SHORE TO CANAL CIRCLE
High School Lakeridge
City LakeOswego
Body of Water Oswego Lake Canal
Disclosures Disclosure
MLS Area _147
Lot Size Square Feet 7405.0
Listing Terms Cash Conventional
HOA Fee 2 Frequency OneTime
Elementary School Westridge
Tax Annual Amount 16111.86
Middle/Junior High School Lakeridge
Property Condition UpdatedRemodeled
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description 447 LAKE VIEW VILLAS #5 LT 424
ADU False
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ExteriorExterior Amenities CoveredPatio Dock GuestQuarters OutdoorFireplace Patio Sprinkler ToolShed Workshop
Parking Features Driveway ParkingPad
Lot Features GentleSloping Terraced
Water Source PublicWater
Total Parking 0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2551.0
Lot Size Acres 0.17
Road Surface Type Paved
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* Excluded FeaturesList ByCascade Hasson Sotheby's International RealtyBroker
sara@jonesknowshomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $13,453
- Monthly Property Taxes
- $1,343
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Lake Oswego, OR
Average List Price $1,844,019
Percent of Sale Price 16%
About Lake Oswego, OR 38,782 Population
7% Since 2002
$ 95,347 Median Income
48 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1950193 Elementary School
1950162 Middle School
Lakeridge High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/15/2025 | $2,185,000 | -5.00% | Price Down |
| 6/6/2025 | $2,300,000 | | Listed Price |