Courtesy of Cascade Hasson Sotheby's International Realty

Photograph 1 of 42
199 Pine Valley Rd, Lake Oswego
$1,795,000
- Price per sqft
- $551.46
- Built in
- 1948
- Property size
- 3,255 sqft
- Lot size
- 33,977 sqft
- Property type
- Residential
Overview
Sitting above Oswego Lake with beautiful water views from the rooms that matter most, this mid-century home is all about the setting, the lifestyle and the opportunity. Walls of windows bring the lake into the kitchen, dining room and expansive living room, while vaulted ceilings, warm wood details and classic mid-century character give the home a personality that feels nostalgic, cool and full of possibility.The unique setting includes a rare double tax lot totaling approximately 0.78 acres, offering an incredible opportunity to make it your own. Embrace the mid-century character already here, update it to fit your style, and create something truly special in a location that would be nearly impossible to recreate.The three-bedroom, three-and-a-half-bath layout offers comfortable spaces to gather, while the expansive back patio extends the living space outdoors—perfect for dinner with friends, morning coffee or simply sitting back and taking in the lake views.And then there’s the lifestyle. The home belongs to the coveted Forest Hills Lake Easement, putting lake access just a short walk away. Stroll into downtown Lake Oswego for coffee, dinner, boutiques, the farmers market and community events, with the Lake Oswego Country Club right nearby.Lake views, lake access, approximately 0.78 acres across two tax lots, mid-century character and downtown Lake Oswego at your fingertips. Bring your vision and make this one your own.
Details
Interior
- Interior features
- Garage Door Opener, Hardwood Floors, Laundry, Skylight, Soaking Tub, Wall to Wall Carpet
- Appliances
- Dishwasher, Free Standing Range, Free Standing Refrigerator, Island, Pantry, Stainless Steel Appliance
- Fireplace
- Yes
- Fireplaces
- 2
- Fireplace description
- Gas, Wood Burning
- Cooling
- No
- Heating
- Yes
- Heating description
- Baseboard
Exterior and lot
- Lot size
- 33,977 sqft
- Exterior features
- Patio, Yard
- Lot features
- Private, Trees
- Architectural style
- Mid Century Modern, NW Contemporary
- Roof
- Shake
- View
- Yes
- View description
- Lake
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 3
- Parking
- Driveway
- Total parking
- 3
Schools
- High school
- Lake Oswego
- Middle school
- Lake Oswego
- Elementary school
- Forest Hills
Location
- City
- Lake Oswego
- County
- Clackamas
Taxes and dues
- Annual taxes
- $14,632 (2025)
Location
199 Pine Valley Rd, Lake Oswego, OR 97034

Monthly payment estimate
$10,773 /mo
- Principal and interest
- $9,554
- Property tax (2025)
- $1,219
- Total
- $10,773
Estimate only, and not an offer of credit. Assumes 20% down ($359,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
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