RESORT LIVING ON LAKE OSWEGO’S WATERFRONTBest value on the main lake!Elevator. Level lawn. Low-bank waterfront. Rare, wide frontage. Exceptional multi-generational living.Welcome to an extraordinary waterfront retreat on Oswego Lake—where European-inspired elegance, modern luxury, and effortless lakefront living come together in perfect harmony. Tucked behind a remarkably private entrance, this exceptional estate evokes the feeling of a hidden French villa, offering serenity, sophistication, and timeless charm from the moment you arrive.Warm, beautifully scaled interiors flow seamlessly to a cinematic courtyard with unmistakable European flair—perfect for alfresco dinners, festive gatherings, or quiet moments of escape. Many of the home’s lighting elements and fixtures were sourced from France, lending authenticity and a distinctive ambiance that enhances the home’s relaxed resort atmosphere.Outdoors, one of the most coveted settings on the main lake unfolds. Life is centered around a rare, level double lot stretching gracefully along the shoreline. Enjoy a boathouse, generous lawn and play areas, lakeside outdoor kitchen, fire pit, pool, travertine sport court, and expansive entertaining terraces—all designed for unforgettable days and evenings on the water.Every element of this estate reflects exceptional craftsmanship, thoughtful design, and an uncompromising attention to detail. More than a home, this is a lifestyle—a private retreat and a legacy property on one of the most treasured stretches of Oswego Lake.
Active
Price cut: $299K (2/17)
$4,999,000
1527 Lake Front Rd, Lake Oswego, OR 97034
5beds
7,220sqft
Est.:
Residential, Single Family Residence
Built in 1939
-- sqft lot
$-- Zestimate®
$692/sqft
$262/mo HOA
What's special
Level lawnLakeside outdoor kitchenEuropean-inspired eleganceFire pitWarm beautifully scaled interiorsLow-bank waterfrontExpansive entertaining terraces
- 53 days |
- 3,082 |
- 99 |
Zillow last checked: 7 hours ago
Listing updated: March 11, 2026 at 02:56am
Listed by:
Mimi McCaslin 503-784-4444,
LUXE Forbes Global Properties,
Anne-Marie Knapp 503-318-0712,
LUXE Forbes Global Properties
Source: RMLS (OR),MLS#: 424410152
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 6
- Partial bathrooms: 1
- 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: Balcony, Double Sinks, Suite, Tile Floor, Vaulted Ceiling
- Level: Upper
Bedroom 2
- Features: Closet, Suite, Tile Floor, Walkin Shower
- Level: Upper
Bedroom 3
- Features: Balcony, Builtin Features, Shared Bath
- Level: Upper
Bedroom 4
- Features: Builtin Features, Shared Bath
- Level: Upper
Dining room
- Features: Balcony, Formal, French Doors, Hardwood Floors, Patio, Butlers Pantry
- Level: Main
Family room
- Features: Fireplace, Hardwood Floors, Wet Bar
- Level: Lower
Kitchen
- Features: Eat Bar, Gourmet Kitchen, Hardwood Floors, Patio
- Level: Main
Living room
- Features: Balcony, Fireplace, Hardwood Floors
- Level: Main
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built-In Range, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Gas Appliances, Microwave, Range Hood, Gas Water Heater
- Laundry: Laundry Room
Features
- Central Vacuum, Elevator, Sound System, Wainscoting, Closet, Vaulted Ceiling(s), Built-in Features, Shared Bath, Balcony, Suite, Walkin Shower, Formal, Butlers Pantry, Wet Bar, Eat Bar, Gourmet Kitchen, Double Vanity, Kitchen Island, Marble
- Flooring: Hardwood, Tile
- Doors: French Doors
- Windows: Double Pane Windows
- Basement: Crawl Space,Daylight,Finished
- Number of fireplaces: 5
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 7,220
- Total interior livable area: 7,220 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, On Street, Detached, Oversized
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed, Caregiver Quarters, Accessibility
Features
- Stories: 3
- Patio & porch: Covered Patio, Patio
- Exterior features: Athletic Court, Built-in Barbecue, Dock, Fire Pit, Yard, Balcony
- Has private pool: Yes
- Has spa: Yes
- Spa features: Builtin Hot Tub, Bath
- Fencing: Fenced
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
- Body of water: Oswego Lake
Lot
- Features: Level, Private, Sprinkler, SqFt 10000 to 14999
Details
- Additional structures: BoatHouse, Dock, GuestQuarters, SeparateLivingQuartersApartmentAuxLivingUnit, BoatHousenull
- Parcel number: 00260041
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom Style,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Hard Concrete Stucco
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1939
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security System Owned, Fire Sprinkler System
- Subdivision: Main Lake Oswego
HOA
- Has HOA: Yes
- Amenities included: Boat Slip, Lake Easement
- HOA fee: $3,143 annually
- Second HOA fee: $7,500 one time
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $692/sqft
- Tax assessed value: $7,012,189
- Annual tax amount: $65,408
- Date on market: 1/27/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Price change | $4,999,000-5.6%$692/sqft |
Source:  RMLS (OR) #424410152 Report a problem | ||
| 1/27/2026 | Listed for sale | $5,298,000+37.6%$734/sqft |
Source: RMLS (OR) #424410152 Report a problem | ||
| 3/15/2021 | Sold | $3,850,000-3.7%$533/sqft |
Source: RMLS (OR) #20299695 Report a problem | ||
| 1/20/2021 | Pending sale | $3,999,000$554/sqft |
Source: Hasson Company Realtors #20299695 Report a problem | ||
| 1/6/2021 | Contingent | $3,999,000$554/sqft |
Source:  RMLS (OR) #20299695 Report a problem | ||
| 12/22/2020 | Pending sale | $3,999,000$554/sqft |
Source: RMLS (OR) #20299695 Report a problem | ||
| 8/19/2020 | Price change | $3,999,000-13%$554/sqft |
Source: Harnish Properties #20262515 Report a problem | ||
| 6/16/2020 | Price change | $4,595,000-4.2%$636/sqft |
Source: Harnish Properties #20262515 Report a problem | ||
| 10/28/2019 | Price change | $4,795,000-2%$664/sqft |
Source: Harnish Properties #19002537 Report a problem | ||
| 7/31/2019 | Price change | $4,895,000-1.8%$678/sqft |
Source: Harnish Properties #19002537 Report a problem | ||
| 7/1/2019 | Price change | $4,985,000-4%$690/sqft |
Source: Harnish Properties #19002537 Report a problem | ||
| 4/11/2019 | Price change | $5,195,000-1.9%$720/sqft |
Source: Harnish Properties #19495203 Report a problem | ||
| 9/7/2018 | Price change | $5,295,000-5.4%$733/sqft |
Source: Harnish Properties #19495203 Report a problem | ||
| 6/3/2018 | Price change | $5,595,000-6.5%$775/sqft |
Source: Harnish Properties #19495203 Report a problem | ||
| 7/11/2017 | Price change | $5,985,000-4.8%$829/sqft |
Source: Harnish Properties #19495203 Report a problem | ||
| 4/10/2017 | Price change | $6,285,000-10%$870/sqft |
Source: Harnish Properties #17493404 Report a problem | ||
| 12/2/2016 | Listed for sale | $6,985,000+198%$967/sqft |
Source: Harnish Properties #16047118 Report a problem | ||
| 2/17/2005 | Sold | $2,344,000$325/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $65,409 +2.7% | $3,413,447 +3% |
| 2024 | $63,665 +3% | $3,314,027 +3% |
| 2023 | $61,795 +3.1% | $3,217,502 +3% |
| 2022 | $59,961 +8.3% | $3,123,789 +3% |
| 2021 | $55,375 +2.6% | $3,032,805 +3% |
| 2020 | $53,984 +2.5% | $2,944,471 +3% |
| 2019 | $52,656 +5.2% | $2,858,710 +3% |
| 2018 | $50,072 | $2,775,447 +3% |
| 2017 | $50,072 +13.9% | $2,694,609 +3% |
| 2016 | $43,979 | $2,616,125 +3% |
| 2015 | $43,979 +3.5% | $2,539,927 +3% |
| 2014 | $42,489 +3.2% | $2,465,949 +3% |
| 2013 | $41,178 +2.9% | $2,394,125 +3% |
| 2012 | $40,017 +3.5% | $2,324,393 +3% |
| 2011 | $38,647 +1.7% | $2,256,692 +3% |
| 2010 | $37,994 +1% | $2,190,963 +3% |
| 2009 | $37,600 +30.1% | $2,127,149 +25.5% |
| 2008 | $28,911 +4.6% | $1,694,352 +3% |
| 2007 | $27,635 +4.3% | $1,645,002 +3% |
| 2006 | $26,487 +0.3% | $1,597,089 +3% |
| 2005 | $26,410 +4.1% | $1,550,572 +3% |
| 2004 | $25,380 +4.9% | $1,505,410 +3% |
| 2003 | $24,203 +4.4% | $1,461,563 +3% |
| 2002 | $23,183 +1.9% | $1,418,993 +3% |
| 2001 | $22,752 +9.5% | $1,377,663 +3% |
| 2000 | $20,778 | $1,337,537 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$29,499/mo
Principal & interest
$25779
Property taxes
$3458
HOA Fees
$262
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Climate risks
Neighborhood: McVey-South Shore
Nearby schools
GreatSchools rating
- 9/10Hallinan Elementary SchoolGrades: K-5Distance: 0.7 mi
- 6/10Lakeridge Middle SchoolGrades: 6-8Distance: 2.6 mi
- 9/10Lakeridge High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Hallinan
- Middle: Lakeridge
- High: Lakeridge
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 97034
- Oregon
- Clackamas County
- Lake Oswego
- 97034
- McVey-South Shore
- 1527 Lake Front Rd
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