Recently Listed Open House 8/2 1pm - 3pm
18500 RAY RIDGE DR
Lake Oswego, OR, 97034 $ 1,875,000
Bedrooms4 Baths3.1 Sq 4,941 Monthly Estimate*
$ 11,839
for $1,875,000 with 4 bedrooms and 3 full baths, 1 half bath. This 4,941 square foot home was built in 1990.
Open Sunday 1- 3 PM. Situated in Atherton Heights, this exceptional traditional home offers breathtaking 180-degree panoramic views of surrounding valleys, Mount Hood, and beyond. Widely regarded as one of Lake Oswego's premier view properties. Designed for both everyday living and entertaining, the expansive decks span multiple levels, creating the perfect setting for entertaining family & friends. Step through the front door and prepare to be amazed. A dramatic wall of windows immediately draws your eye to the incredible landscape, filling the living and dining rooms with natural light and unforgettable vistas. To the left, a private office with French doors, custom built-ins, and bookshelves. The main level features soaring ceilings, a welcoming living room with a gas fireplace, an elegant dining room, and a gourmet kitchen that flows into the family room. Every room is designed to capture the stunning views. The dining room and kitchen both open onto the expansive main-level deck, extending the living space outdoors. Upstairs, the spacious primary suite features a generous walk-in closet, a spa-inspired bathroom with a jetted soaking tub, dual shower plus a private deck. The lower level offers incredible flexibility with a spacious bonus living area complete with a kitchenette, refrigerator, dishwasher, microwave, island seating, and a gas fireplace. Sliding doors lead directly to the lower deck, pool, and beautifully landscaped backyard. This level also includes a guest suite and two additional bedrooms. Outside, the backyard is your own private oasis. The resurfaced pool (completed just three years ago) invites endless summer fun, while the surrounding outdoor spaces provide plenty of room to relax, entertain, and enjoy the incredible setting. Minutes from Lakeridge High School, Rassekh Skate Park, Luscher Farm, trails leading to Cook's Butte, and the new Lake Oswego Recreation & Aquatic Center & Municipal Golf Course. Downtown Lake Oswego is minutes away.
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Open House
8/2/2026 1:00 PM - 3:00 PM
18500 RAY RIDGE DR Lake Oswego, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities Floor3rd CentralVacuum GarageDoorOpener Granite HardwoodFloors HighCeilings JettedTub Laundry Marble SoakingTub Sprinkler TileFloor WalltoWallCarpet
Basement CrawlSpace Daylight
Total Fireplaces 3
Fireplace Features Gas
Hot Water Gas
Window Features DoublePaneWindows
Total Bathrooms 3.1
Total Bedrooms 4
Total Baths 4
1/2 Baths 1
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Shake
Appliances BuiltinOven BuiltinRange BuiltinRefrigerator CookIsland Cooktop Dishwasher Disposal DoubleOven DownDraft GasAppliances Granite Island Microwave StainlessSteelAppliance TrashCompactor
Garage Spaces 3.0
Architectural Style Traditional
Security Features SecuritySystem
Year Built 1990
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 00317507
County Clackamas
Property Type Residential
HOA N
Full Baths 3
Status Active
Directions Stafford Rd to Atherton Rd R on Meadowlark L on Ridge Point l & Lon Ray Ridge
High School Lakeridge
City LakeOswego
Disclosures Disclosure
MLS Area _147
Listing Terms Cash Conventional
Elementary School Westridge
Tax Annual Amount 17157.11
Middle/Junior High School Lakeridge
Property Condition Resale
Virtual Tour https://listing.retomedia.com/ut/18500_Ray_Ridge_Drive.html
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARTITION PLAT 2003-055 PARCEL 1
ADU False
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ExteriorExterior Amenities CoveredPatio Deck DogRun Fenced GasHookup InGroundPool Sprinkler StormDoor Yard
Parking Features Driveway OnStreet
Lot Features Cul_de_sac GentleSloping Private Terraced
Water Source PublicWater
Total Parking 3.0
Garage Type Attached
Exterior Description Brick Cedar
Foundation Details ConcretePerimeter
Building Area Total 4941.0
Road Surface Type Paved
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices Nw Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $11,839
- Monthly Property Taxes
- $1,430
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $1,878,785
Percent of Sale Price 0%
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 |
|---|
| 7/31/2026 | $1,875,000 | | Listed Price |