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ActivePrice cut: $50.1K (3/26)
$1,599,900
5beds
3,780sqft

725 Carrera Ln, Lake Oswego, OR 97034

5beds
3,780sqft
Residential, single family residence
Built in 1981
0.67 Acres
2 Garage spaces
$423 price/sqft

What's special

Cozy fireplaceTimeless designAdditional bedrooms provide flexibilityFire pit areaRefined comfortVaulted wet barDedicated dining room

Amazing opportunity nestled within one of the most desirable neighborhoods in Lake Oswego! This exceptional 5-bedroom, 3-bathroom, three-level residence offers refined comfort on .67 of an acre, timeless design, and generous indoor-outdoor living. The main floor welcomes you with soaring vaulted ceilings & abundant natural light, floating staircase and a layout ...

37 days
|
1,768
|
59
|

Likely to sell faster than

Source: RMLS (OR),MLS#: 705935910MLS Logo
Travel times

Living Room

Family Room

Kitchen

Dining Room

Primary Bedroom

Primary Bathroom

Flex Space

Loft

Zillow last checked: 7 hours ago

Listing updated: 21 hours ago

Listed by:

Sean Shepard 503-679-6618,

Opt

Source: RMLS (OR),MLS#: 705935910MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2
Rooms
  • Room types: Bonus Room, Bedroom 4, Den, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
  • Features: Ceiling Fan, Double Sinks, Jetted Tub, Suite, Vaulted Ceiling, Walkin Closet, Walkin Shower
  • Level: Main
  • Area: 240
  • Dimensions: 16 x 15
Bedroom 2
  • Features: Builtin Features
  • Level: Lower
  • Area: 165
  • Dimensions: 15 x 11
Bedroom 3
  • Features: Builtin Features
  • Level: Lower
  • Area: 121
  • Dimensions: 11 x 11
Bedroom 4
  • Features: Builtin Features
  • Level: Lower
  • Area: 180
  • Dimensions: 15 x 12
Dining room
  • Features: Deck, Formal, Sliding Doors, Vaulted Ceiling, Wood Floors
  • Level: Main
  • Area: 156
  • Dimensions: 13 x 12
Family room
  • Features: Fireplace, Wallto Wall Carpet, Wet Bar
  • Level: Lower
  • Area: 306
  • Dimensions: 18 x 17
Kitchen
  • Features: Builtin Range, Dishwasher, Island, Nook, Builtin Oven, Double Oven, Free Standing Refrigerator, Granite
  • Level: Main
  • Area: 165
  • Width: 11
Living room
  • Features: Fireplace, Vaulted Ceiling, Wood Floors
  • Level: Main
  • Area: 380
  • Dimensions: 20 x 19
Heating
  • Forced Air, Fireplace(s)
Cooling
  • Central Air
Appliances
  • Included: Built In Oven, Built-In Range, Cooktop, Dishwasher, Disposal, Down Draft, Instant Hot Water, Microwave, Plumbed For Ice Maker, Double Oven, Free-Standing Refrigerator, Gas Water Heater
  • Laundry: Laundry Room
Features
  • Floor 3rd, High Ceilings, Vaulted Ceiling(s), Built-in Features, Formal, Wet Bar, Kitchen Island, Nook, Granite, Ceiling Fan(s), Double Vanity, Suite, Walk-In Closet(s), Walkin Shower, Cook Island, Tile
  • Flooring: Engineered Hardwood, Tile, Wall to Wall Carpet, Wood
  • Doors: Sliding Doors
  • Windows: Vinyl Frames
  • Basement: Full
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning
Interior area
  • Total structure area: 3,780
  • Total interior livable area: 3,780 sqft

Property

Parking
  • Total spaces: 2
  • Parking features: Driveway, On Street, Garage Door Opener, Oversized
  • Garage spaces: 2
  • Has uncovered spaces: Yes
Accessibility
  • Accessibility features: Garage On Main, Main Floor Bedroom Bath, Walkin Shower, Accessibility
Features
  • Stories: 3
  • Patio & porch: Deck, Patio, Porch
  • Exterior features: Fire Pit, Garden, Yard
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Cross Fenced,Fenced
Lot
  • Size: 0.67 Acres
  • Features: Greenbelt, Private, Trees, Sprinkler, SqFt 20000 to Acres1
Details
  • Additional structures: Outbuilding, ToolShed
  • Parcel number: 00200473
  • Other equipment: Air Cleaner

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: NW Contemporary
  • Property subtype: Residential, Single Family Residence
Materials
  • Cedar
  • Foundation: Slab
  • Roof: Composition
Condition
  • Updated/Remodeled
  • New construction: No
  • Year built: 1981

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: $423/sqft
  • Tax assessed value: $2,071,586
  • Annual tax amount: $17,090
  • Date on market: 2/26/2026
  • Listing terms: Cash,Conventional

Price history

DateEventPrice
3/26/2026Price change$1,599,900-3%$423/sqft
Source: RMLS (OR) #705935910 Report a problem
2/27/2026Listed for sale$1,650,000+179.7%$437/sqft
Source: RMLS (OR) #705935910 Report a problem
6/18/2004Sold$590,000+22.9%$156/sqft
Source: Public Record Report a problem
8/2/2001Sold$480,000+10112.8%$127/sqft
Source: Public Record Report a problem
9/10/1998Sold$4,700$1/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$17,091 +2.7%$891,898 +3%
2024$16,635 +3%$865,921 +3%
2023$16,146 +3.1%$840,700 +3%
2022$15,667 +8.3%$816,214 +3%
2021$14,469 +2.6%$792,441 +3%
2020$14,106 +2.5%$769,361 +3%
2019$13,759 +5.2%$746,953 +3%
2018$13,083 $725,197 +3%
2017$13,083 +13.9%$704,075 +3%
2016$11,491 $683,568 +3%
2015$11,491 +3.5%$663,658 +3%
2014$11,102 +3.2%$644,328 +3%
2013$10,760 +2.9%$625,561 +3%
2012$10,456 +3.5%$607,341 +3%
2011$10,098 +1.7%$589,651 +3%
2010$9,927 +1%$572,477 +3%
2009$9,825 +6.7%$555,803 +3%
2008$9,208 +4.6%$539,615 +3%
2007$8,801 +4.3%$523,898 +3%
2006$8,436 +0.3%$508,639 +3%
2005$8,411 +4.1%$493,824 +3%
2004$8,083 +4.9%$479,441 +3%
2003$7,708 +4.4%$465,477 +3%
2002$7,383 +1.9%$451,919 +3%
2001$7,246 +10%$438,756 +3%
2000$6,587 $425,977

Find assessor info on the county website

Monthly payment

Est. payment
$9,039/mo
Principal & interest
$7932
Property taxes
$1107
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    Estimated market value

    Not available

    Estimated sales range

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    Climate risks

    Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

    Neighborhood: Forest Highlands

    Nearby schools

    GreatSchools rating
    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.