199 Pine Valley Rd, Lake Oswego, OR 97034
What's special
Sitting above Oswego Lake with beautiful water views from the rooms that matter most, this mid-century home is all about the setting, the lifestyle and the opportunity. Walls of windows bring the lake into the kitchen, dining room and expansive living room, while vaulted ceilings, warm wood details and classic mid-century character give the home a personality that feels nostalgic, cool and full of possibility.The unique setting includes a rare double tax lot totaling approximately 0.78 acres, offering an incredible opportunity to make it your own. Embrace the mid-century character already here, update it to fit your style, and create something truly special in a location that would be nearly impossible to recreate.The three-bedroom, three-and-a-half-bath layout offers comfortable spaces to gather, while the expansive back patio extends the living space outdoors—perfect for dinner with friends, morning coffee or simply sitting back and taking in the lake views.And then there’s the lifestyle. The home belongs to the coveted Forest Hills Lake Easement, putting lake access just a short walk away. Stroll into downtown Lake Oswego for coffee, dinner, boutiques, the farmers market and community events, with the Lake Oswego Country Club right nearby.Lake views, lake access, approximately 0.78 acres across two tax lots, mid-century character and downtown Lake Oswego at your fingertips. Bring your vision and make this one your own.
- 16 days |
- 2,805 |
- 202 |
Likely to sell faster than
Travel times
Living Room
Dining Room
Kitchen
Primary Bedroom
Back Patio
Covered Front Porch
Bedroom
Bedroom
Primary Bathroom
Zillow last checked:
Listing updated:
Allison Greiner 503-341-1225,
Opt,
Ed Buchman 503-341-5858,
Opt
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 3
Rooms
- Room types: Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathroom, Soaking Tub, Walkin Closet, Walkin Shower, Wallto Wall Carpet
- Level: Main
- Area: 224
- Dimensions: 14 x 16
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Main
- Area: 192
- Dimensions: 12 x 16
Bedroom 3
- Features: Bathroom, Soaking Tub, Walkin Closet
- Level: Upper
- Area: 336
- Dimensions: 16 x 21
Dining room
- Level: Main
- Area: 252
- Dimensions: 14 x 18
Kitchen
- Features: Dishwasher, Free Standing Range, Free Standing Refrigerator
- Level: Main
- Area: 240
- Width: 16
Living room
- Features: Fireplace
- Level: Main
- Area: 476
- Dimensions: 17 x 28
Heating
- Baseboard, Fireplace(s)
Appliances
- Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- Soaking Tub, Sink, Closet, Bathroom, Walk-In Closet(s), Walkin Shower, Kitchen Island, Pantry
- Flooring: Hardwood, Wall to Wall Carpet
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 3,255
- Total interior livable area: 3,255 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Garage Door Opener, Attached
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Minimal Steps, Accessibility
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Yard
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
- Body of water: Lake Oswego
Lot
- Size: 0.78 Acres
- Features: Private, Trees, SqFt 20000 to Acres1
Details
- Parcel number: 01562605
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid Century Modern,NW Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Roof: Shake
Condition
- Resale
- New construction: No
- Year built: 1948
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
- Amenities included: Lake Easement
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $613/sqft
- Tax assessed value: $1,758,975
- Annual tax amount: $14,632
- Date on market: 9/5/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2026 | Listed for sale | $1,995,000+205.7%$613/sqft |
Source:  RMLS (OR) #213241735 Report a problem | ||
| 3/31/2000 | Sold | $652,500$200/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,632 +2.7% | $763,594 +3% |
| 2024 | $14,242 +3% | $741,354 +3% |
| 2023 | $13,824 +3.1% | $719,762 +3% |
| 2022 | $13,413 +8.3% | $698,799 +3% |
| 2021 | $12,388 +2.6% | $678,446 +3% |
| 2020 | $12,076 +2.5% | $658,686 +3% |
| 2019 | $11,779 +5.2% | $639,501 +3% |
| 2018 | $11,201 | $620,875 +3% |
| 2017 | $11,201 +13.9% | $602,791 +3% |
| 2016 | $9,838 | $585,234 +3% |
| 2015 | $9,838 +3.5% | $568,188 +3% |
| 2014 | $9,505 +3.2% | $551,639 +3% |
| 2013 | $9,212 +2.9% | $535,572 +3% |
| 2012 | $8,952 +3.5% | $519,973 +3% |
| 2011 | $8,645 +1.7% | $504,828 +3% |
| 2010 | $8,499 +1% | $490,124 +3% |
| 2009 | $8,411 +6.7% | $475,849 +3% |
| 2008 | $7,883 +4.6% | $461,989 +3% |
| 2007 | $7,535 +4.3% | $448,533 +3% |
| 2006 | $7,222 +0.3% | $435,469 +3% |
| 2005 | $7,201 +7.8% | $422,785 +6.7% |
| 2004 | $6,679 +4.9% | $396,147 +3% |
| 2003 | $6,369 -47.8% | $384,609 +3% |
| 2002 | $12,201 +103.8% | $373,407 +3% |
| 2001 | $5,987 +10.5% | $362,531 +3% |
| 2000 | $5,419 | $351,972 |
Find assessor info on the county website
Monthly payment
Estimated market value
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Estimated sales range
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Climate risks
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