Lake Oswego Real Estate

Lake Oswego Real Estate & Homes for Sale in Oregon

Lake Oswego Real Estate & Homes for Sale in Oregon

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 capitol 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 (population 35,750), but there is some commercial development and light manufacturing. The city's largest employers include the Lake Oswego School District, Safeco Insurance, 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. In the 2000 U.S. Census, the median household income was about $71,000, about 1/3 more than other Portland suburbs. The average home values were also significantly higher, $296,200 compared to $172,800 in the Portland Metro Area. The city'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 consist of single family homes for sale, townhomes, condos, and land for custom home building.