This stunning lakefront home offers breathtaking views and direct lake access, ideally located in a quiet "no wake" zone for peaceful waterfront living. The back of the home is elevated above the lake, creating an impressive panoramic view. Step outside to your private, newer upper deck and follow the steps down to your private newer dock, perfect for enjoying the lake up close. The beautifully landscaped backyard, complete with lush grass, provides a serene, natural retreat on a spacious 0.32-acre lot.Situated in the highly desirable Lakewood neighborhood, this home offers convenient access to parks, cultural events, restaurants, and boutique shopping, all just minutes away.Inside, a dramatic wall of windows fills the spacious living room with natural light, perfectly framing the lake and surrounding views. The main house is all on one level and features an updated kitchen, three ensuite bedrooms, a dedicated office, and a separate bonus/media room.The lower level includes an updated, self-contained guest suite with its own private entrance, kitchen, bathroom, and laundry, ideal for extended family, guests, or a home office setup.An oversized three-car garage provides generous space, including multiple storage rooms for tools, equipment, or hobby needs. The expansive driveway offers ample parking for guests. Total square footage of the home includes guest quarters and storage areas at street level.Enjoy access to three lake easements for boating and water recreation. This is an ideal home to live in, remodel or rebuild. The possibilities for this desirable property and prime location are endless.
Active
Price cut: $50K (2/1)
$2,250,000
408 Ridgeway Rd, Lake Oswego, OR 97034
4beds
4,074sqft
Est.:
Residential, Single Family Residence
Built in 1935
0.32 Acres Lot
$-- Zestimate®
$552/sqft
$-- HOA
What's special
Oversized three-car garageBeautifully landscaped backyardBreathtaking viewsSelf-contained guest suiteUpdated kitchenImpressive panoramic viewLakefront home
- 172 days |
- 2,819 |
- 79 |
Zillow last checked: 7 hours ago
Listing updated: March 23, 2026 at 05:12pm
Listed by:
Stephanie Muro 503-358-1106,
MORE Realty
Source: RMLS (OR),MLS#: 616065851
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 3
Rooms
- Room types: Office, Bedroom 4, Bonus Room, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Ensuite
- Level: Main
- Area: 280
- Dimensions: 20 x 14
Bedroom 2
- Features: Ensuite
- Level: Main
- Area: 272
- Dimensions: 17 x 16
Bedroom 3
- Features: Ensuite
- Level: Main
Bedroom 4
- Features: Exterior Entry, Closet, Ensuite, Laminate Flooring
- Level: Lower
Dining room
- Features: Hardwood Floors
- Level: Main
- Area: 112
- Dimensions: 16 x 7
Kitchen
- Features: Dishwasher, Disposal, Eat Bar, Hardwood Floors, Island, Microwave, Pantry, Double Oven
- Level: Main
- Area: 285
- Width: 19
Living room
- Features: Fireplace, Hardwood Floors
- Level: Main
- Area: 540
- Dimensions: 18 x 30
Office
- Features: Bookcases, Closet
- Level: Main
- Area: 220
- Dimensions: 20 x 11
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Double Oven, Microwave, Stainless Steel Appliance(s), Gas Water Heater
Features
- Bookcases, Closet, Eat Bar, Kitchen Island, Pantry, Bathroom, Kitchen
- Flooring: Hardwood, Wall to Wall Carpet, Laminate
- Windows: Vinyl Frames, Wood Frames
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 4,074
- Total interior livable area: 4,074 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Driveway, On Street, Garage Door Opener, Attached, Oversized
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Dock, Yard, Exterior Entry
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
- Body of water: Oswego Lake
Lot
- Size: 0.32 Acres
- Features: Sloped, SqFt 10000 to 14999
Details
- Additional structures: Other Structures Bathrooms Total (1), Dock, SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: 00256083
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Stone, Vinyl Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1935
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: $552/sqft
- Tax assessed value: $2,327,226
- Annual tax amount: $20,682
- Date on market: 10/3/2025
- 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 |
|---|---|---|
| 2/1/2026 | Price change | $2,250,000-2.2%$552/sqft |
Source:  RMLS (OR) #616065851 Report a problem | ||
| 11/3/2025 | Price change | $2,300,000-6.1%$565/sqft |
Source: RMLS (OR) #616065851 Report a problem | ||
| 10/7/2025 | Listed for sale | $2,450,000+469.8%$601/sqft |
Source: RMLS (OR) #616065851 Report a problem | ||
| 5/2/1997 | Sold | $430,000$106/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,682 +2.7% | $1,079,342 +3% |
| 2024 | $20,131 +3% | $1,047,905 +3% |
| 2023 | $19,540 +3.1% | $1,017,384 +3% |
| 2022 | $18,960 +8.3% | $987,752 +3% |
| 2021 | $17,510 +2.6% | $958,983 +3% |
| 2020 | $17,070 +2.5% | $931,052 +3% |
| 2019 | $16,650 +5.2% | $903,934 +3% |
| 2018 | $15,833 | $877,606 +3% |
| 2017 | $15,833 +13.9% | $852,045 +3% |
| 2016 | $13,906 | $827,228 +3% |
| 2015 | $13,906 +3.5% | $803,134 +3% |
| 2014 | $13,435 +3.2% | $779,742 +3% |
| 2013 | $13,021 +2.9% | $757,031 +3% |
| 2012 | $12,653 +3.5% | $734,982 +3% |
| 2011 | $12,220 +1.7% | $713,575 +3% |
| 2010 | $12,014 +1% | $692,791 +3% |
| 2009 | $11,889 +6.7% | $672,613 +3% |
| 2008 | $11,143 +4.6% | $653,022 +3% |
| 2007 | $10,651 +4.3% | $634,002 +3% |
| 2006 | $10,208 +0.3% | $615,536 +3% |
| 2005 | $10,179 +4.1% | $597,608 +3% |
| 2004 | $9,782 +4.9% | $580,202 +3% |
| 2003 | $9,328 +4.4% | $563,303 +3% |
| 2002 | $8,935 +15.1% | $546,896 +16.4% |
| 2001 | $7,761 +10.5% | $469,926 +3% |
| 2000 | $7,024 | $456,239 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$13,159/mo
Principal & interest
$11603
Property taxes
$1556
More affordability tools
Climate risks
Neighborhood: Lakewood
Nearby schools
GreatSchools rating
- 8/10Forest Hills Elementary SchoolGrades: K-5Distance: 1.1 mi
- 6/10Lake Oswego Junior High SchoolGrades: 6-8Distance: 1.9 mi
- 10/10Lake Oswego Senior High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Forest Hills
- 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
- Lakewood
- 408 Ridgeway Rd
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