560 MILBURN CT
Lake Oswego, OR, 97034 $ 1,185,000
Bedrooms5 Baths3.0 Sq 4,146 Monthly Estimate*
$ 7,296
for $1,185,000 with 5 bedrooms and 3 full baths. This 4,146 square foot home was built in 1962 on a lot size of 0.43.
Mid-century retreat in prestigious Forest Highlands neighborhood. Tucked into a serene, tree-lined enclave just moments from Tryon Creek State Park, this 1962-built home offers the rare combination of architectural character, natural beauty, and meaningful system upgrades—creating an ideal canvas for your personal vision. Inside, classic mid-century design elements take center stage: soaring vaulted ceilings, exposed beams, and warm tongue-and-groove detailing that bring volume, texture, and timeless style. With 5 bedrooms, 3 full baths, and 4,146 square feet, the floor plan offers flexibility for a variety of living arrangements, creative spaces, or multi-generational needs. The heavy lifting has already been done. A meticulously maintained concrete tile roof, updated HVAC and water heater, electrical improvements, whole-house generator, updated water main, repaired sewer line, and refreshed front deck framing provide peace of mind—freeing you to focus on the design and style of the home. Separate exterior entrance to the lower level opens the door to a distinct living area—well-suited for multi-generational living, guest quarters, or flexible use depending on your needs. Wooded exteriors surrounding a calming back yard with apple, fig, pear and plum trees as well as producing blueberry bushes. Backing to protected greenspace within the Tryon Creek watershed, the property offers a tranquil, almost meditative connection to nature—yet remains just minutes from trailheads, bustling First Addition Lake Oswego, and top-rated Forest Hills Elementary School. Surrounded by luxury homes in one of the area’s most sought after neighborhoods, this is a rare opportunity to bring your vision to life in a setting that supports it. A compelling blend of location, architecture, and investment opportunity — ready for its next chapter.
See more
FeaturesInteriorInterior Amenities EngineeredHardwood Laundry SeparateLivingQuartersApartmentAuxLivingUnit VaultedCeiling WalltoWallCarpet WasherDryer
Basement ExteriorEntry Finished SeparateLivingQuartersApartmentAuxLivingUnit
Total Fireplaces 2
Fireplace Features WoodBurning
Hot Water Gas
Total Bathrooms 3.0
Total Bedrooms 5
Total Baths 3
1/2 Baths 0
See more
GeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Tile
Appliances BuiltinOven BuiltinRange Dishwasher FreeStandingRefrigerator
Garage Spaces 2.0
Architectural Style MidCenturyModern
Year Built 1962
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 00189272
County Clackamas
Property Type Residential
HOA N
Subdivision Name FOREST HIGHLANDS
Full Baths 3
Status Active
Directions Atwater Rd to Boca Ratan Dr to Milburn Ct
High School Lake Oswego
City LakeOswego
Disclosures Disclosure
MLS Area _147
Lot Size Square Feet 18730.0
Listing Terms Cash Conventional VALoan
Elementary School Forest Hills
Tax Annual Amount 10115.02
Middle/Junior High School Lake Oswego
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 915 REPLAT OSW COUNTRY CLUB HGTS LT 7 BLK 1
ADU False
See more
ExteriorExterior Amenities CoveredPatio Fenced Patio Porch Yard
Parking Features Driveway
Lot Features GentleSloping Level Terraced
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description WoodSiding
Foundation Details ConcretePerimeter Slab
Building Area Total 4146.0
Lot Size Acres 0.43
Road Surface Type Paved
See more
* Excluded FeaturesList ByLuxe Forbes Global PropertiesBroker
josh@joshhackenjos.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,296
- Monthly Property Taxes
- $843
- 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 $1,992,873
Percent of Sale Price 68%
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.
1949129 Elementary School
1948939 Middle School
Lake Oswego High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/18/2026 | $1,185,000 | | Listed Price |