Lake Oswego is located in the northwestern corner of Clackamas County and is ideally situated close to Oregon's major metropolitan areas—just eight miles south of downtown Portland and 45 minutes north of the state capital in Salem. The city was awarded first place in the American Bloom Contest as one of the most beautiful cities of its size. Lake Oswego is primarily a residential community of over 37,000 residents, but there is some commercial development and light manufacturing industries. The city's largest employers include the Lake Oswego School District, the City of Lake Oswego, Gage Industries, Inc. and Micro Systems Engineering, Inc. Most of the businesses are located downtown near the Willamette River, which is the city's eastern boundary, or on the west end in Lake Grove near Interstate 5.
Lake Oswego’s original neighborhoods reflect a glimpse of England, with English Cottage and Tudor Revival homes designed by architect Richard Sundeleaf between 1920 and 1940, but most residents live in new developments designed to accommodate busy urban lifestyles. Real estate options in Lake Oswego consist of single-family homes, townhomes, condos, and land for custom home building.
Price Range of Lake Oswego Homes for Sale in Portland, Oregon
The real estate market in Lake Oswego is diverse. As one of the older, more established communities in the Portland area, many properties feature larger treed lots, commonly offering privacy not often found in the suburbs of a metropolitan area. There are many neighborhoods throughout Lake Oswego, with residences beginning from the low to mid- $100,000s and ranging to well over $2 million. The lake itself is semi-private with swimming and mooring rights running with home properties. These rights are defined by approximately 20 different types of easements assigned to the properties available surrounding the lake. Looking for your new home? View currently listed homes in Lake Oswego Oregon. See market trends of Lake Oswego real estate market including average home prices, property values, townhomes, condominiums and other property types. Interested in bank owned or foreclosure properties? Access foreclosures, bank owned properties, short sales and more real estate in Lake Oswego Oregon.
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