54 CERVANTES CIR
Lake Oswego, OR, 97035 $ 299,900
Bedrooms2 Baths1.1 Sq 912 Monthly Estimate*
$ 1,871
Condo for sale in Lake Oswego, OR
for $299,900 with 2 bedrooms and 1 full bath, 1 half bath. This 912 square foot condo was built in 1979.
Move right into this beautifully updated, end unit townhome in the desirable Mountain Park neighborhood of Lake Oswego, offering peace, privacy, and resort-style amenities. As a resident, you’ll enjoy access to the Mt. Park Rec Center with pool, clubhouse, fitness facilities, tennis, and more, along with miles of walking trails perfect for you and your furry friend. Inside, the home has been completely renovated with granite counters, cherry cabinetry, travertine tile, real hardwood floors, plush carpet, and wide moldings. The stacked-rock wood-burning fireplace adds warmth and charm, while stainless steel appliances, Kohler fixtures, and a relaxing jacuzzi tub bring modern comfort. Efficient Daikin mini-split heating and cooling units and a convenient combination washer/dryer make daily living even easier. Very well insulated - lower energy bills. Additional features include a detached garage, a deck with storage, and a well-managed HOA. HOA dues cover water, sewer, garbage, and grounds maintenance, giving you more time to enjoy your home and surroundings. All of this is set in a prime location close to I-5 and HWY 217, with Trader Joe’s, New Seasons, and PCC less than a mile away.
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FeaturesInteriorInterior Amenities HardwoodFloors WalltoWallCarpet
Basement CrawlSpace
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Electricity
Total Stories 2
Total Bathrooms 1.1
Unit Location Townhouse
Total Bedrooms 2
Total Baths 2
1/2 Baths 1
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GeneralSewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Tile
Appliances Dishwasher FreeStandingRange FreeStandingRefrigerator Granite Microwave StainlessSteelAppliance
HOA Fee 578.0
Garage Spaces 1.0
Architectural Style Stories2 Townhouse
Year Built 1979
Stories Count 2
Property Subtype Condominium
Tax Year 2025
Parcel Number R192644
HOA Fee 2 80.0
Assoc Fee Paid Per Monthly
County Multnomah
Property Type Residential
Association Amenities AllLandscaping AthleticCourt BasketballCourt Commons ExteriorMaintenance Gym Management MeetingRoom PartyRoom RecreationFacilities Sauna Sewer TennisCourt Trash Water WeightRoom
HOA Y
Full Baths 1
Status Active
Directions Jefferson Parkway to Cervantes
High School Ida B Wells
City LakeOswego
Disclosures Disclosure
MLS Area _147
Listing Terms Cash Conventional
HOA Fee 2 Frequency Monthly
Elementary School Markham
Tax Annual Amount 3234.59
Middle/Junior High School Jackson
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description JEFFERSON PARK CONDOMINIUM LOT 8-F
ADU False
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ExteriorExterior Amenities Deck
Water Source PublicWater
Total Parking 1.0
Garage Type Detached
Exterior Description LapSiding WoodSiding
Building Area Total 912.0
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $1,871
- Monthly Property Taxes
- $270
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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 NearbyCondo listings in Lake Oswego, OR
Average List Price $575,590
Percent of Sale Price 92%
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.
3254080 Elementary School
3254087 Middle School
Ida B Wells High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/22/2025 | $299,900 | -2.94% | Price Down |
| 9/25/2025 | $309,000 | | Listed Price |