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Listing Courtesy of LUXE Forbes Global Properties, Steve Odermann. 971-275-5657
$1,425,000

516 7TH ST

3 Beds 2 Baths 1,997 Sq.Ft. 5,662 Sq.Ft.

Open House

6/13/2026 11:00AM - 1:00PM PDT
6/16/2026 11:00AM - 1:00PM PDT

Description

Perfectly positioned in the heart of First Addition, this architecturally distinctive custom residence offers a rare opportunity to experience design-forward living in one of Lake Oswego's most coveted walkable neighborhoods. Just moments from downtown's acclaimed restaurants, boutiques, coffee shops, parks, and the beloved Saturday Farmers' Market, the home delivers a lifestyle that is both vibrant and effortlessly convenient.A rarity for the neighborhood and price point, the home's custom architecture creates a remarkable sense of volume and openness rarely found in similarly sized residences. At its center, a dramatic vaulted great room is illuminated by thoughtfully placed skylights that draw natural light throughout the living spaces, creating an atmosphere that feels both expansive and inviting. The great room flows seamlessly to a covered outdoor living area, beautifully landscaped backyard, and established gardens, encouraging year-round indoor-outdoor living. A striking floating staircase serves as both an architectural statement and sculptural focal point, ascending to a versatile loft space and private upper-level primary retreat. The result is a home that balances architectural interest with exceptional everyday livability. The flexible floor plan offers options for a variety of lifestyles. Two main-level bedrooms separated by a full bath provide ideal accommodations, while also presenting an intriguing opportunity for future conversion into an expansive main-level primary wing. Thoughtfully maintained and updated, the sellers have recently completed a full interior repaint, installed a new heat pump as part of a comprehensive HVAC upgrade, modernized the electrical system with a new service panel designed to support electric vehicle charging and today's technology demands. For buyers seeking architectural character, abundant natural light flexible living spaces, meaningful updates, and exceptional walkability, this is a truly unique opportunity!

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Location

516 7TH ST, Lake Oswego, OR 97034

Status

For Sale

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms2
  • full bathrooms2
  • APPLIANCES Builtin Range, Dishwasher, Disposal, Free Standing Refrigerator, Gas Appliances, Granite
  • other interior Features Ceiling Fan, Garage Door Opener, Granite, Hardwood Floors, High Ceilings, Laundry, Skylight, Vaulted Ceiling, Wallto Wall Carpet

Area & Lot

  • Status For Sale
  • OPEN HOUSE

    6/13/2026 11:00AM - 1:00PM PDT

    6/16/2026 11:00AM - 1:00PM PDT

  • Living Area1,997 Sq.Ft.
  • Total Area1,997 Sq.Ft.
  • Lot Area5,662 Sq.Ft.
  • MLS® ID248208838
  • TypeResidential
  • YEAR BUILT1962
  • NeighborhoodLake Oswego
  • Architecture StylesContemporary
  • View DescriptionTrees Woods
  • Elementary SchoolForest Hills
  • Middle SchoolLake Oswego
  • High SchoolLake Oswego

Exterior

  • STORIES2
  • Garage Space1.0
  • water SourcePublic Water
  • roofComposition
  • lot featuresLevel
  • parkingDriveway, On Street
  • HEAT TYPEHeat Pump
  • AIR CONDITIONINGHeat Pump
  • sewerPublic Sewer
  • SubstructureConcrete Perimeter
  • Disability FeaturesNatural Lighting
  • other exterior FeaturesCovered Patio, Fenced, Yard

Financial

  • Sales Price$1,425,000
  • Real Estate Tax $10,377/yr
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 516 7TH ST, Lake Oswego, OR 97034. We are reviewing your request and will be in touch shortly!

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