Nestled in the coveted Palisades neighborhood, this spacious home is impeccably situated on a generous lot with a flat backyard and pool. The main floor features an updated kitchen with a large island, pantry, and an eating nook surrounded by windows, providing access to the deck. The living room is complemented by a fireplace, and the separate dining room offers an elegant space for gatherings. The family room boasts large windows, a lofty ceiling, fireplace, wet bar, and double glass doors leading to the large deck overlooking the yard and pool.The upper level includes the primary suite with a soaking tub and walk-in closet with built-ins, two additional bedrooms, and convenient attic storage.The lower level provides ample and flexible space to accommodate every lifestyle, featuring a large entertainment area, media room, fitness area, workshop/craft area, office, two bedrooms, and a full bath. This level also has convenient and direct access to the private outdoor retreat with beautiful pool and gazebo. Located just 0.7 miles from Cooks Butte Nature Park and 0.7 miles from Westridge Elementary School, this home offers easy access to green space, award-winning schools, and Lake Oswego amenities including the new Lake Oswego Recreation & Aquatics Center, public golf course, and Luscher Farm City Park. The perfect home in the perfect Lake Oswego location
Active
$1,795,000
2896 Tolkien Ln, Lake Oswego, OR 97034
5beds
5,425sqft
Est.:
Residential, Single Family Residence
Built in 1986
0.34 Acres Lot
$-- Zestimate®
$331/sqft
$-- HOA
What's special
Flat backyardAttic storageBeautiful poolMedia roomUpdated kitchenFitness areaSeparate dining room
- 9 days
- on Zillow |
- 1,120 |
- 61 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 05:40am
Listed by:
Steve Kaer 503-699-3980,
Kaer Property Group
Source: RMLS (OR),MLS#: 524665300

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 4, Bedroom 5, Bonus Room, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Double Sinks, Soaking Tub, Suite, Walkin Closet, Walkin Shower, Wallto Wall Carpet
- Level: Upper
- Area: 225
- Dimensions: 15 x 15
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 120
- Dimensions: 12 x 10
Bedroom 3
- Features: Walkin Closet, Wallto Wall Carpet
- Level: Upper
- Area: 143
- Dimensions: 13 x 11
Bedroom 4
- Features: Suite, Walkin Closet, Wallto Wall Carpet
- Level: Lower
- Area: 210
- Dimensions: 15 x 14
Bedroom 5
- Features: Walkin Closet, Wallto Wall Carpet
- Level: Lower
- Area: 117
- Dimensions: 13 x 9
Dining room
- Features: Hardwood Floors
- Level: Main
- Area: 192
- Dimensions: 16 x 12
Family room
- Features: Builtin Features, Deck, Exterior Entry, Fireplace, High Ceilings, Wallto Wall Carpet, Wet Bar
- Level: Main
Kitchen
- Features: Cook Island, Eat Bar, Eating Area, Gas Appliances, Hardwood Floors, Island, Pantry, Double Oven
- Level: Main
- Area: 156
- Width: 12
Living room
- Features: Fireplace, Hardwood Floors
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built In Oven, Cooktop, Dishwasher, Disposal, Double Oven, Down Draft, Free-Standing Refrigerator, Gas Appliances, Stainless Steel Appliance(s), Gas Water Heater
- Laundry: Laundry Room
Features
- Floor 3rd, High Ceilings, Quartz, Soaking Tub, Suite, Walk-In Closet(s), Built-in Features, Closet, Wet Bar, Cook Island, Eat Bar, Eat-in Kitchen, Kitchen Island, Pantry, Double Vanity, Walkin Shower
- Flooring: Hardwood, Tile, Wall to Wall Carpet
- Basement: Daylight,Full
- Number of fireplaces: 2
Interior area
- Total structure area: 5,425
- Total interior livable area: 5,425 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Off Street, Garage Door Opener, Attached, Oversized
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Covered Patio, Deck, Patio
- Exterior features: Gas Hookup, Yard, Exterior Entry
- Has private pool: Yes
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.34 Acres
- Dimensions: 120 x 125 x 120 x 125
- Features: Gentle Sloping, Level, Private, Sprinkler, SqFt 10000 to 14999
Details
- Additional structures: GasHookup
- Parcel number: 00332759
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Cedar
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1986
Utilities & green energy
- Gas: Gas Hookup, Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $331/sqft
- Tax assessed value: $1,664,381
- Annual tax amount: $16,512
- Date on market: 4/17/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
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