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Listed by Real Broker • matthew@tercekre.com

$2,395,000

Est. payment - /mo

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5 Beds

5 Baths

4,752 SqFt

Open Sat 12PM-2PM

784 3RD ST Lake Oswego, OR 97034

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Nancy Kelly

nancy@nancykellyhomes.com +1(503) 805-5887

Open House

Sat Apr 11, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,752 sqft

Price per Sqft $503

MLS Listing ID 397293582

Style Craftsman

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 2008

Annual Tax Amount $19,590

Tax Year 2025

Property Sub-Type Single Family Residence

Property Description

Tucked into the heart of First Addition, this custom-built home stands out with a rare combination of walkability, flexible living, and a dedicated studio space above the garage that opens the door for work, creativity, or guest use. Just blocks from Lake Oswego's most sought-after restaurants, shops, and parks, this is the lifestyle buyers want. Park the car and enjoy everything LO has to offer. Inside, you'll find over 4,700 square feet of well-designed living space with 5 bedrooms, multiple gathering areas, and a layout built for both entertaining and real life. Excellent sun exposure fills the home with natural light, while generous room sizes and clean flow create a warm, livable feel throughout. The kitchen anchors the home with high-end finishes, strong storage, and seamless connection to the main living spaces. It's built for hosting and daily use. The detached garage with studio space above adds a level of flexibility that is hard to find in First Addition. Ideal for a home office, creative workspace, guest quarters, or private retreat. Upstairs, spacious bedrooms offer versatility for families, guests, or work-from-home setups. The full basement expands the lifestyle even further with a theater-style living room, bar area, and dedicated home gym space. It functions as a true extension of the home, built for entertaining, relaxing, and everyday use. Outside, the private yard is dialed in with turf for low maintenance living, backs to a rare paved alley, and benefits from strong sun exposure that enhances both the outdoor space and overall natural light inside the home. Location, functionality, and flexible bonus spaces make this a rare opportunity to own a substantial home in one of Lake Oswego's most walkable neighborhoods. A strong value in First Addition. Experience it in person.

Location

State OR

County Clackamas

Area _147

Rooms

Basement Finished

Interior

Interior Features Ceiling Fan, High Ceilings, Separate Living Quarters Apartment Aux Living Unit, Soaking Tub, Tile Floor, Wainscoting, Wallto Wall Carpet, Washer Dryer, Wood Floors

Heating Forced Air

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Gas

Appliance Builtin Oven, Builtin Refrigerator, Butlers Pantry, Dishwasher, Disposal, Free Standing Gas Range, Granite, Microwave, Pantry

Exterior

Exterior Feature Fenced, Guest Quarters, Patio, Porch, Yard

Parking Features Detached, PartiallyConvertedtoLivingSpace

Garage Spaces 2.0

View Trees Woods

Roof Type Composition

Garage Yes

Building

Lot Description Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Forest Hills

Middle Schools Lake Oswego

High Schools Lake Oswego

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.youtube.com/watch?v=sNZumqksgfo

Regional Multiple Listing Service (RMLS)

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Nancy Kelly

Broker | License ID: 880300070

+1(503) 805-5887

784 3RD ST Lake Oswego, OR 97034

Nancy Kelly

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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784 3RD ST