Tucked away down a long driveway in Lake Oswego’s sought-after Palisades neighborhood, this beautiful 5-bedroom, 3.5-bath home blends timeless style with modern comfort. Offering 2,852 square feet of living space on nearly half an acre, the home features a desirable main-level layout with the primary suite and two additional bedrooms, along with a spacious kitchen and formal living and dining areas that open to a serene outdoor setting—perfect for relaxing or entertaining. The finished lower level adds exceptional flexibility with two more bedrooms, a bonus room, and a versatile flex/storage space with separate exterior access—ideal for a guest suite, multigenerational living, or potential ADU. Built in 1962, the home also includes an oversized garage and generous storage throughout. Located in a top-rated school district. PALISADES PARK COMMUNITY CLUB easement eligibility.
Sold
$980,000
17243 Fernwood Dr, Lake Oswego, OR 97034
5beds
2,852sqft
Residential, Single Family Residence
Built in 1962
0.42 Acres Lot
$980,000 Zestimate®
$344/sqft
$3,863 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 07:24am
Listed by:
Susan Roesler 503-720-9564,
Premiere Property Group, LLC
Bought with:
Michelle Rawson, 201222042
Oregon First
Source: RMLS (OR),MLS#: 435401784
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 3
Primary bedroom
- Features: Bathroom, Hardwood Floors, Wallto Wall Carpet
- Level: Main
Bedroom 2
- Features: Hardwood Floors
- Level: Main
Bedroom 3
- Features: Hardwood Floors
- Level: Main
Bedroom 4
- Features: Wallto Wall Carpet
- Level: Lower
Bedroom 5
- Features: Wallto Wall Carpet
- Level: Lower
Dining room
- Features: Hardwood Floors
- Level: Main
Family room
- Features: Fireplace, Wallto Wall Carpet
- Level: Lower
Kitchen
- Features: Bay Window, Cook Island, Eat Bar, Fireplace, Hardwood Floors
- Level: Main
Living room
- Features: Fireplace, Hardwood Floors
- Level: Main
Heating
- Forced Air, Fireplace(s)
Appliances
- Included: Dishwasher, Disposal, Free-Standing Refrigerator, Gas Appliances, Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- Granite, High Ceilings, Solar Tube(s), Wainscoting, Closet, Cook Island, Eat Bar, Bathroom
- Flooring: Hardwood, Tile, Vinyl, Wall to Wall Carpet
- Windows: Double Pane Windows, Wood Frames, Bay Window(s)
- Basement: Finished,Partial
- Number of fireplaces: 3
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 2,852
- Total interior livable area: 2,852 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, RV Access/Parking, Garage Door Opener, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Walkin Shower, Accessibility
Features
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Garden, Gas Hookup, Raised Beds, Yard, Exterior Entry
- Fencing: Fenced
Lot
- Size: 0.42 Acres
- Features: Private, SqFt 15000 to 19999
Details
- Additional structures: GasHookup, RVParking, ToolShed
- Parcel number: 00315377
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Cedar, Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1962
Utilities & green energy
- Gas: Gas Hookup, Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security Lights
Location
- Region: Lake Oswego
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Services availability
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Estimated market value
$980,000