LAKEFRONT GEM! Tigard’s Best-Kept Secret. Discover the joy of lakeside living w/this remarkable property, perfectly crafted for those who appreciate serene natural beauty and modern comfort. This thoughtfully designed daylight-style home features modern-inspired architecture w/3 bedrooms & 2 baths on the main lvl. The primary suite offers an updated bath w/side-by-side spa shower & heated bathroom flrs. The open-concept kitchen, dining, & family rm extend seamlessly to a spacious deck offering breathtaking lake views. No detail has been overlooked, from custom flooring and intricate tile patterns to cleverly hidden closets w/bookshelf doors & custom doors w/concealed hinges. The kitchen is a chef’s dream, boasting custom cabinetry, high-end appliances, a full-sized refrigerator & freezer, a beer tap, and an under-island brewing storage area that can easily convert to wine storage. The lower level offers a versatile living space, including a laundry/mudroom & a generous family room that opens onto a covered patio, yard, and private dock. A 1-bedroom, 1-bath suite is also located here, ideal for multi-gen living or ADU. Features a full living-Bonus or add. 5th bdrm, dining area, a kitchenette (convertible to a full kitchen), and private access while maintaining an internal connection to the main home. Meticulously updated w/modern systems, including HVAC, electrical, plumbing, energy-efficient windows, & a durable metal roof. It also features smart lights & blinds, and a Level II EV charger. Picture yourself sipping coffee in the morning as ducklings paddle by, Great Blue Herons wading in the shallows, or watching Ospreys gracefully dive. Enjoy paddleboarding, floating on warm summer days, or tending to raised garden beds. The custom, drought-tolerant landscaping is designed to enhancing the eco-friendly charm of this home. A unique community with shared ownership of a two-acre recreational area, offering a rare combination of water and access to nature!
Sold
Street View
$1,050,000
12522 SW 123rd Ave, Tigard, OR 97223
4beds
2,820sqft
Residential, Single Family Residence
Built in 1977
9,583.2 Square Feet Lot
$1,011,200 Zestimate®
$372/sqft
$3,670 Estimated rent
Home value
$1,011,200
$951,000 - $1.07M
$3,670/mo
Zestimate® history
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List your homeWhat's special
Private dockVersatile living spaceUnder-island brewing storageModern-inspired architectureUpdated bathCovered patioSpacious deck
Zillow last checked:
Listing updated:
Listed by:
Michelle Spanu 503-330-5573,
Cascade Hasson Sotheby's International Realty
Bought with:
Tina Wyszynski, 970700063
Cascade Hasson Sotheby's International Realty
Source: RMLS (OR),MLS#: 738041818
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
Primary bedroom
- Features: Balcony, Bathroom, Closet, Walkin Shower, Wood Floors
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Bedroom 2
- Features: Hardwood Floors, Closet
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Bedroom 3
- Features: Closet
- Level: Main
- Area: 99
- Dimensions: 11 x 9
Bedroom 4
- Features: Hardwood Floors, Patio, Sliding Doors, Closet
- Level: Lower
- Area: 154
- Dimensions: 11 x 14
Dining room
- Features: Builtin Features, Deck, Eat Bar, Hardwood Floors, Sliding Doors
- Level: Main
- Area: 112
- Dimensions: 14 x 8
Family room
- Features: Builtin Features, Hardwood Floors
- Level: Lower
- Area: 176
- Dimensions: 16 x 11
Kitchen
- Features: Appliance Garage, Builtin Features, Family Room Kitchen Combo, Gourmet Kitchen, Butlers Pantry
- Level: Main
- Area: 180
- Width: 9
Living room
- Features: Builtin Features, Fireplace, Hardwood Floors
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Heating
- Mini Split, Zoned, Fireplace(s)
Cooling
- Heat Pump
Appliances
- Included: Appliance Garage, Built In Oven, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Appliances, Stainless Steel Appliance(s), Gas Water Heater, Tankless Water Heater
- Laundry: Laundry Room
Features
- High Speed Internet, Sound System, Closet, Built-in Features, Eat Bar, Family Room Kitchen Combo, Gourmet Kitchen, Butlers Pantry, Balcony, Bathroom, Walkin Shower, Kitchen Island, Pantry
- Flooring: Hardwood, Heated Tile, Tile, Wood
- Doors: Sliding Doors
- Windows: Double Pane Windows
- Basement: Daylight,Exterior Entry,Separate Living Quarters Apartment Aux Living Unit
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,820
- Total interior livable area: 2,820 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Door Opener, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Accessibility
Features
- Stories: 2
- Patio & porch: Covered Deck, Covered Patio, Deck, Patio
- Exterior features: Dock, Garden, Raised Beds, Yard, Exterior Entry, Balcony
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
- Body of water: Lake Terrace
Lot
- Size: 9,583 sqft
- Features: Cul-De-Sac, Gentle Sloping, Greenbelt, SqFt 7000 to 9999
Details
- Additional structures: Dock, HomeTheater
- Parcel number: R472820
- Other equipment: Home Theater
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom Style,Daylight Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Cedar, Cement Siding
- Foundation: Slab
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1977
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Location
- Region: Tigard
- Subdivision: Lake Terrace
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $750 annually
- Amenities included: Lake Easement, Maintenance Grounds, Management
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2025 | Sold | $1,050,000-6.7%$372/sqft |
Source:  RMLS (OR) #738041818 Report a problem | ||
| 1/30/2025 | Pending sale | $1,125,000$399/sqft |
Source: RMLS (OR) #738041818 Report a problem | ||
| 1/9/2025 | Listed for sale | $1,125,000+134.9%$399/sqft |
Source: RMLS (OR) #738041818 Report a problem | ||
| 5/3/2019 | Sold | $479,000-1.2%$170/sqft |
Source: RMLS (OR) #18430866 Report a problem | ||
| 3/29/2019 | Pending sale | $485,000$172/sqft |
Source: Keller Williams Realty Sunset Corridor #18430866 Report a problem | ||
| 3/18/2019 | Listed for sale | $485,000$172/sqft |
Source: Keller Williams Realty Sunset Corridor #18430866 Report a problem | ||
| 3/4/2019 | Pending sale | $485,000$172/sqft |
Source: Keller Williams Realty Sunset Corridor #18430866 Report a problem | ||
| 1/26/2019 | Price change | $485,000-3%$172/sqft |
Source: Keller Williams Realty Sunset Corridor #18430866 Report a problem | ||
| 10/30/2018 | Price change | $499,900-2%$177/sqft |
Source: Keller Williams Realty Sunset Corridor #18430866 Report a problem | ||
| 10/19/2018 | Price change | $510,000-2.9%$181/sqft |
Source: Keller Williams Realty Sunset Corridor #18430866 Report a problem | ||
| 10/12/2018 | Price change | $525,000-0.6%$186/sqft |
Source: Keller Williams Sunset Corridor #18430866 Report a problem | ||
| 8/4/2018 | Price change | $528,000-0.1%$187/sqft |
Source: Owner Report a problem | ||
| 8/1/2018 | Listed for sale | $528,500+25.9%$187/sqft |
Source: Owner Report a problem | ||
| 12/2/2013 | Listing removed | $419,900$149/sqft |
Source: John L Scott Real Estate #13226424 Report a problem | ||
| 11/1/2013 | Price change | $419,900-1.2%$149/sqft |
Source: John L Scott Real Estate #13226424 Report a problem | ||
| 8/23/2013 | Price change | $425,000-5.5%$151/sqft |
Source: John L Scott Real Estate #13226424 Report a problem | ||
| 7/20/2013 | Price change | $449,900-4.3%$160/sqft |
Source: John L Scott Real Estate #13226424 Report a problem | ||
| 7/2/2013 | Price change | $470,000-4.1%$167/sqft |
Source: John L Scott Real Estate #13226424 Report a problem | ||
| 6/8/2013 | Listed for sale | $490,000$174/sqft |
Source: John L Scott Inc #13226424 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,232 +9.6% | $547,380 +3% |
| 2024 | $9,332 +2.8% | $531,440 +3% |
| 2023 | $9,082 +18.1% | $515,970 +18.1% |
| 2022 | $7,693 +2.6% | $436,860 |
| 2021 | $7,500 +10.7% | -- |
| 2020 | $6,777 +4.5% | $383,620 +3% |
| 2019 | $6,483 +4.2% | $372,450 |
| 2018 | $6,220 | $372,450 +6.1% |
| 2017 | $6,220 +8.6% | $351,080 +3% |
| 2016 | $5,725 | $340,860 +3% |
| 2015 | $5,725 +4% | $330,940 +3% |
| 2014 | $5,503 +5.9% | $321,310 +3% |
| 2013 | $5,197 +4.8% | $311,960 +3% |
| 2012 | $4,959 +1.6% | $302,880 -21.4% |
| 2011 | $4,880 +4.2% | $385,280 -3% |
| 2010 | $4,683 +1.4% | $397,060 -4.8% |
| 2009 | $4,619 +4.5% | $416,900 -11.8% |
| 2008 | $4,421 +2.7% | $472,800 -3.2% |
| 2007 | $4,304 +7.7% | $488,250 +8.4% |
| 2006 | $3,996 -0.7% | $450,220 +25% |
| 2005 | $4,026 +3.2% | $360,080 +8.6% |
| 2004 | $3,900 +2.3% | $331,650 +8.2% |
| 2003 | $3,812 +1.5% | $306,550 +2.8% |
| 2002 | $3,755 +9.7% | $298,250 +4.9% |
| 2001 | $3,423 +8.3% | $284,380 +6.5% |
| 2000 | $3,162 | $266,970 |
Find assessor info on the county website
Neighborhood: 97223
Nearby schools
GreatSchools rating
- 7/10Mary Woodward Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Thomas R Fowler Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Tigard High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Mary Woodward
- Middle: Fowler
- High: Tigard
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,011,200
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Estimated market value
$1,011,200
- Oregon
- Washington County
- Tigard
- 97223
- 12522 SW 123rd Ave
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