40 CERVANTES CIR
Lake Oswego, OR, 97035 $ 250,000
Bedrooms2 Baths1.1 Sq 912 Monthly Estimate*
$ 1,727
Condo for sale in Lake Oswego, OR
for $250,000 with 2 bedrooms and 1 full bath, 1 half bath. This 912 square foot condo was built in 1980.
Tucked into the serene, tree-filled community of Mountain Park, this updated two-story townhome style condo offers a rare combination of privacy, style, and everyday convenience.Inside, you’ll find a bright, open layout with new interior paint (2026) new LVP Floors (2026) and brand-new carpet (2026), creating a clean, modern feel from the moment you walk in. The living space is designed for both relaxing and entertaining, with easy flow and access to a private deck surrounded by lush greenery, perfect for unwinding at the end of the day.This move-in-ready condo includes in-unit laundry, a secured detached garage, and additional on-site parking, giving you both comfort and practicality.HOA dues cover water, sewer, trash, and landscaping, along with full access to the Mountain Park Recreation Center, featuring a pool, gym, tennis courts, and a variety of fitness and recreation options.Ideally located just minutes from Trader Joe's, Whole Foods Market, and Zupan's Markets, as well as local Coffee Shops, this home offers true convenience without sacrificing its peaceful setting. Outdoor lovers will appreciate nearby escapes like George Rogers Park and Nansen Park, while additional shopping, dining, and recreation are all just a short drive away. This location strikes the perfect balance between nature, accessibility, and lifestyle, ideal for commuters, downsizers, or anyone seeking a turnkey, lock-and-leave home in one of Lake Oswego’s most desirable communities.
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FeaturesInteriorInterior Amenities LaminateFlooring Laundry TileFloor WalltoWallCarpet WasherDryer
Basement CrawlSpace
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Electricity
Total Stories 2
Window Features VinylFrames
Total Bathrooms 1.1
Unit Location Townhouse
Total Bedrooms 2
Total Baths 2
1/2 Baths 1
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GeneralSewer PublicSewer
Heating Baseboard
Roof Tile
Appliances Dishwasher FreeStandingRange FreeStandingRefrigerator Microwave Tile
HOA Fee 578.0
Garage Spaces 1.0
Architectural Style Townhouse
Security Features Unknown
Year Built 1980
Stories Count 2
Property Subtype Condominium
Tax Year 2025
Parcel Number R192619
Assoc Fee Paid Per Monthly
County Multnomah
Property Type Residential
Association Amenities AllLandscaping Commons ExteriorMaintenance MaintenanceGrounds Management Sewer Trash Water
HOA Y
Full Baths 1
Status Active
Directions Kerr Pkwy to Jeerson Pkwy R on Cervantes Cir 1st left. Stay left see numbers above garages
High School Ida B Wells
City LakeOswego
Disclosures Disclosure
MLS Area _147
Listing Terms Cash Conventional VALoan
Elementary School Markham
Tax Annual Amount 3333.91
Middle/Junior High School Jackson
Property Condition Resale
Virtual Tour https://view.spiro.media/order/217332af-5a80-42c7-8b74-08de97c12930?branding=false
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description JEFFERSON PARK CONDOMINIUM LOT 4-C
ADU False
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ExteriorExterior Amenities Deck
Parking Features Other
Lot Features Commons Seasonal Trees
Water Source PublicWater
Total Parking 1.0
Garage Type Detached
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 912.0
Road Surface Type Paved
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* Excluded FeaturesList ByLuxe Forbes Global PropertiesBroker
joaquin@luxeoregon.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,727
- Monthly Property Taxes
- $278
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 $744,697
Percent of Sale Price 198%
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 |
|---|
| 4/30/2026 | $250,000 | | Listed Price |