938 OAK ST Lake Oswego, OR $ 995,000
938 OAK ST
$ 995,000
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938 OAK ST

Lake Oswego, OR, 97034
$ 995,000
Bedrooms3 Baths2.0 Sq 2,688

Monthly Estimate*

$ 6,872

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Single Family Home for sale in Lake Oswego, OR

for $995,000 with 3 bedrooms and 2 full baths. This 2,688 square foot home was built in 1920 on a lot size of 0.23.

Set on an exceptionally rare double corner lot, this truly one-of-a-kind property offers a versatile setting with space to live, work, entertain, and welcome guests.The main farmhouse is joined by a charming detached 1-bedroom, 1-bath, 586-square-foot ADU cottage, a carriage-style outbuilding, and workshop shed. Together, these spaces offer an uncommon level of flexibility.Vintage character and timeless details are beautifully woven throughout, from original fir floors and beadboard walls to a classic tin ceiling and inviting country kitchen. The warm, welcoming family room, with fireplace, creates a natural gathering place. Upstairs, the entry staircase leads to three bedrooms plus a cozy den or 4th bedroom complete with a built-in daybed.Outside, lush gardens, mature landscaping, and a charming wraparound porch create a private, peaceful setting, while generous off-street parking adds everyday convenience. Just blocks from Palisades Marketplace, this is a rare opportunity to own a property with genuine character, exceptional versatility, and a sense of place that is increasingly hard to find.

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Single Family Active

Price

$ 995,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 7,909

Style

Farmhouse

Lot Size

0.23

Year Built

1920

Town/City

Lake Oswego

County/Region

Clackamas

MLS | Web ID

166609206

Features
Interior
Interior Amenities HardwoodFloors TileFloor
Basement PartialBasement
Total Fireplaces 1
Hot Water Gas
Total Bathrooms 2.0
Total Bedrooms 3
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir
Cooling WindowUnit
Roof Composition
Appliances Dishwasher FreeStandingRange Pantry
Zoning R 7.5
Garage Spaces 0
Architectural Style Farmhouse
Year Built 1920
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 00266474
County Clackamas
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions HWY 43 TO MCVEY SOUTH ON ERICKSON RIGHT ON OAK STREET
High School Lakeridge
City LakeOswego
Disclosures Disclosure
MLS Area _147
Lot Size Square Feet 10018.0
Listing Terms Cash Conventional
Elementary School Hallinan
Tax Annual Amount 7909.54
Middle/Junior High School Lakeridge
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 79 SOUTH OSWEGO LTS 1&2 BLK 12
ADU True
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Exterior
Exterior Amenities AccessoryDwellingUnit CoveredDeck Garden Outbuilding Patio ToolShed Yard
Parking Features OffStreet
Lot Features CornerLot Level
Water Source PublicWater
Total Parking 0
Garage Type Available
Exterior Description Cedar ShakeSiding
Building Area Total 2688.0
Lot Dimensions 9 998 SqFt
Lot Size Acres 0.23
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Internal Only
Street Number 1 938
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* Excluded Features
List By
Corcoran Prime

Broker

503-321-2000

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Affordability Calculator

$7,531
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,872
Monthly Property Taxes
$659
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.
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Nearby
1949234 Elementary School
1950162 Middle School
Lakeridge High School High School
Pricing History
DatePricePrice ChangeDescription
9/20/2026$995,000 -5.24% Price Down
7/10/2026$1,050,000 -11.54% Price Down
6/17/2026$1,187,000 -5.04% Price Down
5/22/2026$1,250,000 Listed Price

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938 OAK ST, Lake Oswego, OR, 97034 is a Single Family Home for sale at $995,000 with 2,688 sqft and a lot size of 0.23. 938 OAK ST has 3 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 97034 which is in Lake Oswego, OR