4965 MULHOLLAND DR
Lake Oswego, OR, 97035 $ 775,000
Bedrooms2 Baths2.1 Sq 2,403 Monthly Estimate*
$ 5,353
for $775,000 with 2 bedrooms and 2 full baths, 1 half bath. This 2,403 square foot townhouse was built in 1999 on a lot size of 0.1.
Looking for two-level living, low HOA dues, and private outdoor space? This Westlake townhome offers all three, with HOA dues of just $447/month, a new roof, new HardiePlank® siding, and new Milgard® windows (excluding the front of the home) and a beautifully landscaped rear patio and lawn offer a private outdoor retreat away from the street, with mature landscaping and a gas hookup for your BBQ.Thoughtfully remodeled with timeless finishes, this exceptional home features a gourmet kitchen with Sub-Zero refrigerator, Wolf range, Miele ovens, and spacious island. Wood floors, plantation shutters, central vacuum, and vaulted ceilings complement inviting living and family rooms connected by a double-sided gas fireplace. Upstairs, a versatile loft with built-ins is ideal for a home office, reading nook, or media space.The tranquil primary suite features a walk-in closet, dual vanity, soaking tub, and spacious shower. A generous flex room provides additional space for a gym, game room, office, playroom, or creative pursuits, along with plentiful storage throughout.Additional exterior updates include a Milgard® sliding glass door, new gutters, and a weather-resistant siding membrane. (The front of the home features EIFS.)Located directly across from Westlake Park, enjoy easy access to walking paths, tennis and basketball courts, a playground, and the popular Summer Concert Series. Restaurants, shopping, and freeway access are just minutes away.Closing cost assistance or a rate buydown may be available with a preferred lender.
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FeaturesInteriorInterior Amenities CeilingFan CentralVacuum GarageDoorOpener HighCeilings TileFloor WoodFloors
Basement CrawlSpace
Total Fireplaces 2
Fireplace Features Gas
Hot Water Gas
Total Bathrooms 2.1
Total Bedrooms 2
Total Baths 3
1/2 Baths 1
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances BuiltinOven BuiltinRefrigerator CookIsland Disposal DoubleOven GasAppliances InstantHotWater Quartz StainlessSteelAppliance
HOA Fee 447.0
Garage Spaces 2.0
Architectural Style Stories2
Year Built 1999
Stories Count 2
Property Subtype Attached
Tax Year 2025
Parcel Number 01850349
Assoc Fee Paid Per Monthly
County Clackamas
Property Type Residential
Association Amenities AllLandscaping ExteriorMaintenance Management
HOA Y
Subdivision Name WESTLAKE
Full Baths 2
Status Active
Directions Westlake Drive right onto Melrose left onto Peters and left onto Mulholland
High School Lake Oswego
City LakeOswego
Disclosures Disclosure
MLS Area _147
Lot Size Square Feet 4356.0
Listing Terms Cash Conventional
Elementary School Oak Creek
Tax Annual Amount 10917.17
Middle/Junior High School Lake Oswego
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 3489 MELROSE CT LT 9
ADU False
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ExteriorExterior Amenities Patio Porch Yard
Parking Features Driveway
Lot Features Cul_de_sac Level
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description CementSiding SprayFoamInsulation
Foundation Details ConcretePerimeter
Building Area Total 2403.0
Lot Size Acres 0.1
Road Surface Type Paved
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* Excluded FeaturesList ByWindermere Realty TrustBroker
jeanne@windermere.comContact
Affordability Calculator
- Monthly Principal & Interest
- $5,353
- Monthly Property Taxes
- $910
- 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 NearbyTownhouse listings in Lake Oswego, OR
Average List Price $723,858
Percent of Sale Price 7%
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.
1949064 Elementary School
1948939 Middle School
Lake Oswego High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/18/2026 | $775,000 | -3.11% | Price Down |
| 8/27/2026 | $799,900 | -2.44% | Price Down |
| 8/5/2026 | $819,900 | -3.53% | Price Down |
| 7/12/2026 | $849,900 | | Listed Price |