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    • Price cut: $300K (6/30)
    $3,495,000

    1949 Cedar Ct, Lake Oswego, OR 97034

    5beds
    6,330sqft
    : 
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    Residential, Single Family Residence
    Built in 1988
    0.93 Acres Lot
    $3,302,200 Zestimate®
    $552/sqft
    $259/mo HOA

    What's special

    Wood-burning fireplaceAdditional fireplaceFully independent lower-level apartmentTwo additional en-suite bedroomsAmple storageAbundant storageBoathouse with lift
    Experience luxury lakefront living at its finest on Oswego Lake. This extensively remodeled estate offers over 6,300 square feet of living space, breathtaking elevated lake views, and a fully independent lower-level apartment ideal for multi-generational living, guests, or Airbnb potential. Positioned on the quiet south side of the lake, this rare just under one-acre property offers exceptional privacy, minimal traffic, and panoramic views high above the water.Step inside to soaring ceilings and expansive windows that flood the home with natural light while framing picturesque lake views throughout. Beautiful solid oak floors guide you through the formal living / dining rooms, enhanced with custom lighting, built-ins, a wood-burning fireplace, and past a private home office with French doors. The spacious family room is designed for entertaining with a full wet bar and an additional fireplace. The chef’s kitchen features custom cabinetry, a sprawling quartz island, abundant storage, double dishwashers, and Thermador appliances.An expansive Trex deck extends off the main level, creating the perfect space to relax or entertain while enjoying sweeping lake views. Upstairs, the luxurious primary suite offers heated floors, dual vanities, a soaking tub, glass walk-in shower for two, and a generous custom walk-in closet with built-ins. Two additional en-suite bedrooms, an over-sized bonus room, and ample storage complete the upper level.The fully self-contained lower level includes exterior access, two bedrooms, two full bathrooms, a full kitchen, living area with fireplace, and private Trex deck overlooking the lake. Outside, follow your private stairway down to a boathouse with lift, paddle board storage, and rooftop deck offering direct lake access. A rare opportunity to own an exceptionally expansive and fully remodeled lakefront estate with unmatched privacy, flexibility, and views.
    62 days
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    1,189
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    62
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    Zillow last checked:

    Listing updated:

    Listed by:

    Steve Nassar 503-805-5582,

    Premiere Property Group, LLC,

    Robert Fine 541-325-2183,

    Premiere Property Group, LLC

    Source: RMLS (OR),MLS#: 191552232MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • Partial bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Office, 2nd Kitchen, Guest Quarters, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Features: French Doors, Double Sinks, Ensuite, Soaking Tub, Walkin Closet, Walkin Shower, Wood Floors
      • Level: Upper
      • Area: 483
      • Dimensions: 23 x 21
      Bedroom 2
      • Features: Bathtub With Shower, Ensuite, Walkin Closet, Wallto Wall Carpet
      • Level: Upper
      • Area: 195
      • Dimensions: 15 x 13
      Bedroom 3
      • Features: Bathtub With Shower, Closet, Double Sinks, Ensuite
      • Level: Upper
      • Area: 195
      • Dimensions: 15 x 13
      Dining room
      • Features: High Ceilings, Wood Floors
      • Level: Main
      • Area: 252
      • Dimensions: 18 x 14
      Family room
      • Features: Family Room Kitchen Combo, Fireplace, Wet Bar, Wood Floors
      • Level: Main
      • Area: 567
      • Dimensions: 27 x 21
      Kitchen
      • Features: Builtin Refrigerator, Dishwasher, Family Room Kitchen Combo, Gas Appliances, Island, Microwave, Builtin Oven, Free Standing Range, Wood Floors
      • Level: Main
      • Area: 528
      • Width: 22
      Living room
      • Features: Builtin Features, Fireplace, High Ceilings, Wood Floors
      • Level: Main
      • Area: 340
      • Dimensions: 20 x 17
      Office
      • Features: Builtin Features, French Doors, Wood Floors
      • Level: Main
      • Area: 255
      • Dimensions: 17 x 15
      Heating
      • Forced Air, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Built In Oven, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Free-Standing Gas Range, Microwave, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Gas Appliances, Free-Standing Range, Free-Standing Refrigerator, Gas Water Heater
      • Laundry: Laundry Room
      Features
      • Central Vacuum, High Ceilings, Quartz, Built-in Features, Kitchen Island, Kitchen Dining Room Combo, Ceiling Fan(s), Bathtub With Shower, Walk-In Closet(s), Closet, Double Vanity, Family Room Kitchen Combo, Wet Bar, Soaking Tub, Walkin Shower
      • Flooring: Hardwood, Heated Tile, Wood, Wall to Wall Carpet
      • Doors: French Doors
      • Windows: Double Pane Windows
      • Basement: Finished,Full,Separate Living Quarters Apartment Aux Living Unit
      • Number of fireplaces: 3
      • Fireplace features: Gas, Wood Burning
      Interior area
      • Total structure area: 6,330
      • Total interior livable area: 6,330 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, Attached
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Garage On Main, Accessibility
      Features
      • Stories: 3
      • Patio & porch: Covered Deck, Deck, Porch
      • Exterior features: Dock, Garden, Yard
      • Has view: Yes
      • View description: Lake, Trees/Woods
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake
      Lot
      • Size: 0.93 Acres
      • Features: Private, Secluded, Trees, Wooded, SqFt 20000 to Acres1
      Details
      • Additional structures: BoatHouse, Dock, GuestQuarters, SeparateLivingQuartersApartmentAuxLivingUnit
      • Parcel number: 00249626

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Residential, Single Family Residence
      Materials
      • Brick, Wood Siding
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Gas: Gas
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Security System
      HOA
      • Has HOA: Yes
      • Amenities included: Lake Easement, Management
      • HOA fee: $3,110 annually
      • Second HOA fee: $7,500 one time
      Location
      • Region: Lake Oswego

      Financial & listing details

      • Price per square foot: $552/sqft
      • Tax assessed value: $4,429,500
      • Annual tax amount: $39,546
      • Date on market: 5/19/2026
      • Listing terms: Cash,Conventional,Owner Will Carry
      • Road surface type: Paved

        Estimated market value

        $3,302,200

        $3.14M - $3.47M

        $7,340/mo

        Price history

        DateEventPrice
        6/30/2026Price change$3,495,000-7.9%$552/sqft
        Source: RMLS (OR) #191552232 Report a problem
        5/20/2026Listed for sale$3,795,000+153%$600/sqft
        Source: RMLS (OR) #191552232 Report a problem
        6/28/2019Sold$1,500,000-10.4%$237/sqft
        Source: RMLS (OR) #19476044 Report a problem
        5/17/2019Pending sale$1,674,000$264/sqft
        Source: Harnish Properties #19476044 Report a problem
        4/29/2019Price change$1,674,000-1.5%$264/sqft
        Source: Harnish Properties #19476044 Report a problem
        4/9/2019Price change$1,699,000-2.6%$268/sqft
        Source: Harnish Properties #19476044 Report a problem
        3/14/2019Listed for sale$1,745,000-12.7%$276/sqft
        Source: Harnish Properties #19476044 Report a problem
        11/30/2018Listing removed$1,999,000$316/sqft
        Source: KW Portland Premiere #18405482 Report a problem
        9/6/2018Price change$1,999,000-4.6%$316/sqft
        Source: KW Portland Premiere #18405482 Report a problem
        8/15/2018Price change$2,095,000-7.9%$331/sqft
        Source: Kaer Property Group #18405482 Report a problem
        7/31/2018Price change$2,275,000-8.8%$359/sqft
        Source: Kaer Property Group #18405482 Report a problem
        6/19/2018Price change$2,495,000-6.7%$394/sqft
        Source: KW Portland Premiere #18405482 Report a problem
        4/30/2018Listed for sale$2,675,000+181.3%$423/sqft
        Source: Keller Williams Realty Portland Premiere #18431756 Report a problem
        3/1/2004Sold$951,000$150/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$39,547 +2.7%$2,059,291 +3%
        2024$38,492 +3%$1,999,312 +3%
        2023$37,362 +3.1%$1,941,080 +3%
        2022$36,253 +9.4%$1,884,544 +4%
        2021$33,146 +9.9%$1,811,201 +10.4%
        2020$30,156 +2.5%$1,641,021 +3%
        2019$29,413 +5.2%$1,593,225 +3%
        2018$27,971 $1,546,820 +3%
        2017$27,971 +13.8%$1,501,767 +3%
        2016$24,572 $1,458,026 +3%
        2015$24,572 +3.5%$1,415,559 +3%
        2014$23,739 +3.2%$1,374,329 +3%
        2013$23,006 +2.9%$1,334,300 +3%
        2012$22,357 +3.5%$1,295,437 +3%
        2011$21,592 +1.7%$1,257,706 +3%
        2010$21,226 +1.1%$1,221,074 +3%
        2009$21,005 +6.7%$1,185,509 +3%
        2008$19,688 +4.6%$1,150,980 +3%
        2007$18,819 +4.3%$1,117,456 +3%
        2006$18,038 +0.3%$1,084,909 +3%
        2005$17,985 +4.1%$1,053,310 +3%
        2004$17,284 +4.9%$1,022,631 +3%
        2003$16,483 +4.4%$992,846 +3%
        2002$15,789 +1.9%$963,928 +3%
        2001$15,495 +10.5%$935,852 +3%
        2000$14,027 $908,594
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Palisades

        Getting around

        9 / 100
        Car-Dependent
        13 / 100
        Minimal Transit
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hallinan
        • 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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