Recently Listed Open House 9/6 1pm - 3pm
199 PINE VALLEY RD
Lake Oswego, OR, 97034 $ 1,995,000
Bedrooms3 Baths3.1 Sq 3,255 Monthly Estimate*
$ 12,597
for $1,995,000 with 3 bedrooms and 3 full baths, 1 half bath. This 3,255 square foot home was built in 1948 on a lot size of 0.78.
Sitting above Oswego Lake with beautiful water views from the rooms that matter most, this mid-century home is all about the setting, the lifestyle and the opportunity. Walls of windows bring the lake into the kitchen, dining room and expansive living room, while vaulted ceilings, warm wood details and classic mid-century character give the home a personality that feels nostalgic, cool and full of possibility.The unique setting includes a rare double tax lot totaling approximately 0.78 acres, offering an incredible opportunity to make it your own. Embrace the mid-century character already here, update it to fit your style, and create something truly special in a location that would be nearly impossible to recreate.The three-bedroom, three-and-a-half-bath layout offers comfortable spaces to gather, while the expansive back patio extends the living space outdoors—perfect for dinner with friends, morning coffee or simply sitting back and taking in the lake views.And then there’s the lifestyle. The home belongs to the coveted Forest Hills Lake Easement, putting lake access just a short walk away. Stroll into downtown Lake Oswego for coffee, dinner, boutiques, the farmers market and community events, with the Lake Oswego Country Club right nearby.Lake views, lake access, approximately 0.78 acres across two tax lots, mid-century character and downtown Lake Oswego at your fingertips. Bring your vision and make this one your own.
See more
Open House
9/6/2026 1:00 PM - 3:00 PM
199 PINE VALLEY RD 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
Single Family ActiveMidCenturyModern,NWContemporary
FeaturesInteriorInterior Amenities GarageDoorOpener HardwoodFloors Laundry Skylight SoakingTub WalltoWallCarpet
Basement None
Total Fireplaces 2
Fireplace Features Gas WoodBurning
Hot Water Gas
Total Bathrooms 3.1
Total Bedrooms 3
Total Baths 4
1/2 Baths 1
See more
GeneralSewer PublicSewer
Heating Baseboard
Roof Shake
Appliances Dishwasher FreeStandingRange FreeStandingRefrigerator Island Pantry StainlessSteelAppliance
Garage Spaces 3.0
Architectural Style MidCenturyModern NWContemporary
Year Built 1948
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 01562605
Waterfront Features Lake
Accessibility GarageonMain MainFloorBedroomBath MinimalSteps
County Clackamas
Property Type Residential
Association Amenities LakeEasement
HOA N
Full Baths 3
Status Active
Directions Iron Mountain To Pine Valley
High School Lake Oswego
City LakeOswego
Body of Water Lake Oswego
Disclosures Disclosure
MLS Area _147
Lot Size Square Feet 33976.0
Listing Terms Cash Conventional
Elementary School Forest Hills
Tax Annual Amount 14632.06
Middle/Junior High School Lake Oswego
Property Condition Resale
Virtual Tour https://mls.ricoh360.com/dcd2bfd3-74c4-4fc9-b189-0cf346cff376
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 1992-38 PARTITION PLAT PARCEL 1 515 FOREST HILLS PT LT 8
ADU False
See more
ExteriorExterior Amenities Patio Yard
Parking Features Driveway
Lot Features Private Trees
Water Source PublicWater
Total Parking 3.0
Garage Type Attached
Exterior Description WoodSiding
Building Area Total 3255.0
Lot Size Acres 0.78
Road Surface Type Paved
See more
* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $12,597
- Monthly Property Taxes
- $1,219
- 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 $1,837,644
Percent of Sale Price 8%
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 |
|---|
| 9/5/2026 | $1,995,000 | | Listed Price |