Tucked into the heart of First Addition, this custom-built home stands out with a rare combination of walkability, flexible living, and a dedicated studio space above the garage that opens the door for work, creativity, or guest use. Just blocks from Lake Oswego’s most sought-after restaurants, shops, and parks, this is the lifestyle buyers want. Park the car and enjoy everything LO has to offer. Inside, you’ll find over 4,700 square feet of well-designed living space with 5 bedrooms, multiple gathering areas, and a layout built for both entertaining and real life. Excellent sun exposure fills the home with natural light, while generous room sizes and clean flow create a warm, livable feel throughout. The kitchen anchors the home with high-end finishes, strong storage, and seamless connection to the main living spaces. It’s built for hosting and daily use. The detached garage with studio space above adds a level of flexibility that is hard to find in First Addition. Ideal for a home office, creative workspace, guest quarters, or private retreat. Upstairs, spacious bedrooms offer versatility for families, guests, or work-from-home setups. The full basement expands the lifestyle even further with a theater-style living room, bar area, and dedicated home gym space. It functions as a true extension of the home, built for entertaining, relaxing, and everyday use. Outside, the private yard is dialed in with turf for low maintenance living, backs to a rare paved alley, and benefits from strong sun exposure that enhances both the outdoor space and overall natural light inside the home. Location, functionality, and flexible bonus spaces make this a rare opportunity to own a substantial home in one of Lake Oswego’s most walkable neighborhoods. A strong value in First Addition. Experience it in person.
Active
$2,395,000
784 3rd St, Lake Oswego, OR 97034
5beds
4,752sqft
Est.:
Residential, Single Family Residence
Built in 2008
6,000 Square Feet Lot
$-- Zestimate®
$504/sqft
$-- HOA
What's special
Multiple gathering areasGenerous room sizesSpacious bedrooms offer versatility
- 16 days |
- 1,402 |
- 47 |
Zillow last checked: 7 hours ago
Listing updated: 18 hours ago
Listed by:
Matthew Tercek matthew@tercekre.com,
Real Broker
Source: RMLS (OR),MLS#: 397293582
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 4, Office, Media Room, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Ensuite, Soaking Tub, Walkin Closet, Walkin Shower, Wallto Wall Carpet
- Level: Upper
- Area: 196
- Dimensions: 14 x 14
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 150
- Dimensions: 15 x 10
Bedroom 3
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 140
- Dimensions: 14 x 10
Bedroom 4
- Features: Closet, Wallto Wall Carpet
- Level: Lower
- Area: 143
- Dimensions: 13 x 11
Dining room
- Features: Bay Window, Builtin Features, Wood Floors
- Level: Main
- Area: 182
- Dimensions: 14 x 13
Family room
- Features: Wallto Wall Carpet, Wet Bar
- Level: Lower
- Area: 399
- Dimensions: 21 x 19
Kitchen
- Features: Builtin Refrigerator, Dishwasher, Eat Bar, Pantry, Butlers Pantry, Wood Floors
- Level: Main
- Area: 255
- Width: 15
Living room
- Features: Bay Window, Builtin Features, Fireplace, Wood Floors
- Level: Main
- Area: 286
- Dimensions: 22 x 13
Office
- Features: Wood Floors
- Level: Main
- Area: 154
- Dimensions: 14 x 11
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built In Oven, Built-In Refrigerator, Dishwasher, Disposal, Free-Standing Gas Range, Microwave, Washer/Dryer, Gas Water Heater
Features
- Ceiling Fan(s), High Ceilings, Soaking Tub, Wainscoting, Closet, Built-in Features, Wet Bar, Eat Bar, Pantry, Butlers Pantry, Walk-In Closet(s), Walkin Shower, Granite
- Flooring: Tile, Wall to Wall Carpet, Wood
- Windows: Double Pane Windows, Vinyl Frames, Bay Window(s)
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 4,752
- Total interior livable area: 4,752 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street, Detached, Garage Partially Converted to Living Space
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Patio, Porch
- Exterior features: Yard
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 6,000 Square Feet
- Dimensions: 6,000
- Features: Level, SqFt 5000 to 6999
Details
- Additional structures: GuestQuarters, SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: 00194042
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
Materials
- Cedar
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2008
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $504/sqft
- Tax assessed value: $2,087,682
- Annual tax amount: $19,590
- Date on market: 3/19/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Listed for sale | $2,395,000+99.6%$504/sqft |
Source:  RMLS (OR) #397293582 Report a problem | ||
| 8/5/2016 | Sold | $1,200,000+34.1%$253/sqft |
Source: RMLS (OR) #16355700 Report a problem | ||
| 7/28/2010 | Sold | $895,000+98.9%$188/sqft |
Source: Public Record Report a problem | ||
| 10/1/2009 | Sold | $450,000-14.3%$95/sqft |
Source: Public Record Report a problem | ||
| 7/31/2006 | Sold | $525,000+32.9%$110/sqft |
Source: Public Record Report a problem | ||
| 4/28/2006 | Sold | $395,000+43.6%$83/sqft |
Source: Public Record Report a problem | ||
| 1/6/2006 | Sold | $275,000+2201.3%$58/sqft |
Source: Public Record Report a problem | ||
| 11/10/2005 | Sold | $11,950$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,590 +2.7% | $1,022,348 +3% |
| 2024 | $19,068 +3% | $992,571 +3% |
| 2023 | $18,508 +3.1% | $963,662 +3% |
| 2022 | $17,959 +8.3% | $935,595 +3% |
| 2021 | $16,585 +2.6% | $908,345 +3% |
| 2020 | $16,169 +2.5% | $881,889 +3% |
| 2019 | $15,771 +5.2% | $856,203 +3% |
| 2018 | $14,997 | $831,265 +3% |
| 2017 | $14,997 +13.9% | $807,053 +3% |
| 2016 | $13,172 | $783,547 +3% |
| 2015 | $13,172 +3.5% | $760,725 +3% |
| 2014 | $12,726 +4.2% | $738,568 +3% |
| 2013 | $12,216 +2.5% | $717,056 +3% |
| 2012 | $11,919 +3% | $696,171 +3% |
| 2011 | $11,575 +105.5% | $675,894 +108.1% |
| 2010 | $5,631 +95.5% | $324,739 +99.2% |
| 2009 | $2,881 +124% | $162,986 +116.2% |
| 2008 | $1,286 -26.2% | $75,392 -27.3% |
| 2007 | $1,743 +4.3% | $103,734 +3% |
| 2006 | $1,670 +0.3% | $100,713 +3% |
| 2005 | $1,665 +4.1% | $97,780 +3% |
| 2004 | $1,600 +4.9% | $94,932 +3% |
| 2003 | $1,526 +4.4% | $92,167 +3% |
| 2002 | $1,462 +1.9% | $89,483 +3% |
| 2001 | $1,435 +10.5% | $86,877 +3% |
| 2000 | $1,299 | $84,347 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$13,532/mo
Principal & interest
$11875
Property taxes
$1657
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Climate risks
Neighborhood: First Addition-Forest Hills
Nearby schools
GreatSchools rating
- 8/10Forest Hills Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Lake Oswego Junior High SchoolGrades: 6-8Distance: 1.8 mi
- 10/10Lake Oswego Senior High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Forest Hills
- Middle: Lake Oswego
- High: Lake Oswego
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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