Tucked away down a long driveway in Lake Oswego’s sought-after Palisades neighborhood, this beautiful 5-bedroom, 3.5-bath home blends timeless style with modern comfort. Offering 2,852 square feet of living space on nearly half an acre, the home features a desirable main-level layout with the primary suite and two additional bedrooms, along with a spacious kitchen and formal living and dining areas that open to a serene outdoor setting—perfect for relaxing or entertaining. The finished lower level adds exceptional flexibility with two more bedrooms, a bonus room, and a versatile flex/storage space with separate exterior access—ideal for a guest suite, multigenerational living, or potential ADU. Built in 1962, the home also includes an oversized garage and generous storage throughout. Located in a top-rated school district. PALISADES PARK COMMUNITY CLUB easement eligibility.
Sold
Street View
$980,000
17243 Fernwood Dr, Lake Oswego, OR 97034
5beds
2,852sqft
Residential, Single Family Residence
Built in 1962
0.42 Acres Lot
$974,600 Zestimate®
$344/sqft
$5,288 Estimated rent
Home value
$974,600
$916,000 - $1.04M
$5,288/mo
Zestimate® history
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List your homeWhat's special
Timeless styleModern comfortMultigenerational livingGuest suiteLong drivewayFinished lower levelGenerous storage
Zillow last checked:
Listing updated:
Listed by:
Susan Roesler 503-720-9564,
Premiere Property Group, LLC
Bought with:
Michelle Rawson, 201222042
Oregon First
Source: RMLS (OR),MLS#: 435401784
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 3
Rooms
- Room types: Bedroom 4, Bedroom 5, Storage, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathroom, Hardwood Floors, Wallto Wall Carpet
- Level: Main
Bedroom 2
- Features: Hardwood Floors
- Level: Main
Bedroom 3
- Features: Hardwood Floors
- Level: Main
Bedroom 4
- Features: Wallto Wall Carpet
- Level: Lower
Bedroom 5
- Features: Wallto Wall Carpet
- Level: Lower
Dining room
- Features: Hardwood Floors
- Level: Main
Family room
- Features: Fireplace, Wallto Wall Carpet
- Level: Lower
Kitchen
- Features: Bay Window, Cook Island, Eat Bar, Fireplace, Hardwood Floors
- Level: Main
Living room
- Features: Fireplace, Hardwood Floors
- Level: Main
Heating
- Forced Air, Fireplace(s)
Appliances
- Included: Dishwasher, Disposal, Free-Standing Refrigerator, Gas Appliances, Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- Granite, High Ceilings, Solar Tube(s), Wainscoting, Closet, Cook Island, Eat Bar, Bathroom
- Flooring: Hardwood, Tile, Vinyl, Wall to Wall Carpet
- Windows: Double Pane Windows, Wood Frames, Bay Window(s)
- Basement: Finished,Partial
- Number of fireplaces: 3
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 2,852
- Total interior livable area: 2,852 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, RV Access/Parking, Garage Door Opener, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Walkin Shower, Accessibility
Features
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Garden, Gas Hookup, Raised Beds, Yard, Exterior Entry
- Fencing: Fenced
Lot
- Size: 0.42 Acres
- Features: Private, SqFt 15000 to 19999
Details
- Additional structures: GasHookup, RVParking, ToolShed
- Parcel number: 00315377
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Cedar, Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1962
Utilities & green energy
- Gas: Gas Hookup, Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security Lights
HOA
- Has HOA: No
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $344/sqft
- Tax assessed value: $1,011,300
- Annual tax amount: $9,134
- Date on market: 5/30/2025
- Cumulative days on market: 13 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $980,000-6.7%$344/sqft |
Source:  RMLS (OR) #435401784 Report a problem | ||
| 6/12/2025 | Pending sale | $1,050,000$368/sqft |
Source: RMLS (OR) #435401784 Report a problem | ||
| 5/31/2025 | Listed for sale | $1,050,000$368/sqft |
Source: RMLS (OR) #435401784 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,385 +2.7% | $488,686 +3% |
| 2024 | $9,135 +3% | $474,453 +3% |
| 2023 | $8,866 +3.1% | $460,634 +3% |
| 2022 | $8,603 +8.3% | $447,218 +3% |
| 2021 | $7,946 +2.6% | $434,193 +3% |
| 2020 | $7,746 +2.5% | $421,547 +3% |
| 2019 | $7,556 +5.2% | $409,269 +3% |
| 2018 | $7,185 | $397,349 +3% |
| 2017 | $7,185 +13.8% | $385,776 +3% |
| 2016 | $6,312 | $374,540 +3% |
| 2015 | $6,312 +3.5% | $363,631 +3% |
| 2014 | $6,098 +3.3% | $353,040 +3% |
| 2013 | $5,902 +2.8% | $342,757 +3% |
| 2012 | $5,743 +3.5% | $332,774 +3% |
| 2011 | $5,547 +1.7% | $323,082 +3% |
| 2010 | $5,453 +1.1% | $313,672 +3% |
| 2009 | $5,396 +6.7% | $304,536 +3% |
| 2008 | $5,057 +4.6% | $295,666 +3% |
| 2007 | $4,834 +4.3% | $287,054 +3% |
| 2006 | $4,634 +0.3% | $278,693 +3% |
| 2005 | $4,620 +4.1% | $270,576 +3% |
| 2004 | $4,440 +4.9% | $262,695 +3% |
| 2003 | $4,234 +4.4% | $255,044 +3% |
| 2002 | $4,056 +17.7% | $247,616 +18.9% |
| 2001 | $3,447 +10.5% | $208,212 +3% |
| 2000 | $3,121 | $202,148 |
Find assessor info on the county website
Neighborhood: Palisades
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Nearby schools
GreatSchools rating
- 10/10Westridge Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Lakeridge Middle SchoolGrades: 6-8Distance: 1.3 mi
- 9/10Lakeridge High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Westridge
- Middle: Lakeridge
- High: Lakeridge
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
$974,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$974,600
- Oregon
- Clackamas County
- Lake Oswego
- 97034
- Palisades
- 17243 Fernwood Dr
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