725 CARRERA LN Lake Oswego, OR $ 1,399,900
725 CARRERA LN
$ 1,399,900
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725 CARRERA LN

Lake Oswego, OR, 97034
$ 1,399,900
Bedrooms5 Baths3.0 Sq 3,780

Monthly Estimate*

$ 8,839

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Single Family Home for sale in Lake Oswego, OR

for $1,399,900 with 5 bedrooms and 3 full baths. This 3,780 square foot home was built in 1981 on a lot size of 0.67.

Price Improvement! With just short of 3800 sqft feet and over 1/2 set among the trees, this is an exceptional opportunity to purchase within the coveted Forest Highlands neighborhood! This 5 bedrooms, plus bonus room and loft is so private, sitting on a culdesac capped street and yard lined with trees. This home is such an amazing opportunity! The tear down price in the neighborhood is $1.1m, highest end home range around $4m...don't miss the chance to purchase a large home within this well established neighborhood! Exterior was painted in June. The main floor welcomes you with soaring vaulted ceilings & abundant natural light, floating staircase and a layout built for entertaining...Master on the Main! Spacious kitchen is designed for both everyday living and effortless entertaining, featuring island, extensive counter space, and plentiful cabinetry, with a dedicated dining room just off the kitchen. The luxurious primary suite on the main level, serves as a private retreat, complete with a spa-inspired en suite bath designed for relaxation & rejuvenation. Additional three bedrooms provide flexibility for guests, home office needs, or multi-generational living, while a versatile flex/bonus room adapts beautifully as a media room, gym, or creative space. The lower level features a huge second living area anchored by a vaulted wet bar and a cozy fireplace, perfect for movie nights or quiet evenings in. Outdoors, the expansive grounds offer room to roam, a play structure, fire pit area, and ample space to enjoy the privacy and possibilities that come a 1/2 acre + in Lake Oswego. This home is tax valued at over $2mm!

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Single Family Active

Price

$ 1,399,900

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 17,090

Style

NWContemporary

Lot Size

0.67

Year Built

1981

Town/City

Lake Oswego

County/Region

Clackamas

MLS | Web ID

705935910

Features
Interior
Interior Amenities Floor3rd AirCleaner EngineeredHardwood GarageDoorOpener HighCeilings JettedTub Laundry TileFloor VaultedCeiling WalltoWallCarpet
Basement FullBasement
Total Fireplaces 2
Fireplace Features WoodBurning
Hot Water Gas
Window Features VinylFrames
Total Bathrooms 3.0
Total Bedrooms 5
Total Baths 3
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances BuiltinOven BuiltinRange CookIsland Cooktop Dishwasher Disposal DownDraft Granite InstantHotWater Island Microwave PlumbedForIceMaker Tile
Garage Spaces 2.0
Architectural Style NWContemporary
Year Built 1981
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 00200473
Accessibility GarageonMain MainFloorBedroomBath WalkinShower
County Clackamas
Property Type Residential
HOA N
Full Baths 3
Status Active
Directions From Kruse Way S on Carman Dr L on Carrera Ln to property.
High School Lake Oswego
City LakeOswego
Disclosures Disclosure
MLS Area _147
Lot Size Square Feet 29185.0
Listing Terms Cash Conventional
Elementary School Forest Hills
Tax Annual Amount 17090.64
Middle/Junior High School Lake Oswego
Property Condition UpdatedRemodeled
Virtual Tour https://mls.ricoh360.com/9957edb5-f4af-4221-9629-98cd8ccc476d
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 2341 COUNTRY COMMONS LT 14 BLK 4
ADU False
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Exterior
Exterior Amenities CrossFenced Deck Fenced FirePit Garden Outbuilding Patio Porch Sprinkler ToolShed Yard
Parking Features Driveway OnStreet
Lot Features GreenBelt Private Trees
Water Source PublicWater
Total Parking 2.0
Garage Type Oversized
Exterior Description Cedar
Foundation Details Slab
Building Area Total 3780.0
Lot Size Acres 0.67
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Internal Only
Street Number 1 725
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* Excluded Features
List By
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Broker

503-679-6618

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Affordability Calculator

$10,263
Per Month
86%
14%
0%
Monthly Principal & Interest
$8,839
Monthly Property Taxes
$1,424
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.
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Nearby
1949129 Elementary School
1948939 Middle School
Lake Oswego High School High School
Pricing History
DatePricePrice ChangeDescription
8/2/2026$1,399,900 -3.46% Price Down
7/8/2026$1,450,000 -3.33% Price Down
6/6/2026$1,500,000 -6.24% Price Down
3/26/2026$1,599,900 -3.04% Price Down
2/27/2026$1,650,000 Listed Price

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725 CARRERA LN, Lake Oswego, OR, 97034 is a Single Family Home for sale at $1,399,900 with 3,780 sqft and a lot size of 0.67. 725 CARRERA LN has 5 bedrooms, 3.0 baths, and was built in 1981. The property's zip code is 97034 which is in Lake Oswego, OR