The one and only capsule collection of its kind for years to come, Frances luxury residences set a new standard for downtown Lake Oswego cosmopolitan living with unrivaled club amenities and ready access to Oregon’s exceptional quality of life. Residents enjoy concierge services, a grand piano arrival hall, garden courtyard, tasting lounge with wine vaults, fitness studio & sauna, library, club room, dog wash facilities, and a guest studio all with the ease of a true lock-&-leave lifestyle. Located a mere 3 blocks from Lake Oswego’s celebrated dining, boutiques, farmer’s market, and lakefront paths, this location features a very high walk score. Inspired by the art of fine living, #5 is a light-filled pied-a-terre offering wonderful southern exposure, 10’ ceilings, book-matched marble slab finishes, European oak plank/herringbone floors, soaring wood-framed windows and doors, Restoration hardware and high design lighting, and smart features. Designed for a day on the town and as a glamorous private retreat, the home features a showcase ‘Michelin Star’ entertainer’s kitchen plus full caterer’s prep kitchen. The handsome great room is highlighted by a gas fireplace library wall and vast 9’ glass doors gazing out over the garden courtyard views. Guests and owners rejuvenate in style with two en-suite bedrooms, including a spectacular primary suite featuring European wet room marble bath graced with a pedestal tub and walk-in closet. Step outdoors onto the home’s private terrace and delight in miles of top-rated Tryon Creek Park wooded trails 2 minutes away with championship golf, Mt Hood high-alpine skiing, the breathtaking Oregon Coast and picturesque wine country all close at hand. Immaculately planned and expertly crafted, Frances marries an intimate community lifestyle within Lake Oswego's sought after First Addition neighborhood and all the wonder of the Pacific Northwest’s elemental beauty. Additional residences available on request.
Active
$1,490,000
21 D Ave #5, Lake Oswego, OR 97034
2beds
1,986sqft
Residential, Condominium
Built in 2025
-- sqft lot
$-- Zestimate®
$750/sqft
$1,324/mo HOA
What's special
Gas fireplace library wallClub roomLight-filled pied-a-terreFitness studio and saunaWalk-in closetGuest studioBook-matched marble slab finishes
- 25 days
- 277
- 19
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kevin Hall 503-799-7255,
Cascade Hasson Sotheby's International Realty,
Kathy Hall 503-720-3900,
Cascade Hasson Sotheby's International Realty
Source: RMLS (OR),MLS#: 307578080
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 3
Rooms
- Room types: Laundry, Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Double Closet, Double Sinks, High Ceilings, Marble, Soaking Tub, Suite, Walkin Closet, Walkin Shower, Wood Floors
- Level: Main
- Area: 252
- Dimensions: 18 x 14
Bedroom 2
- Features: Closet, High Ceilings, Marble, Slate Flooring, Suite, Walkin Shower, Wood Floors
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Dining room
- Features: Balcony, Living Room Dining Room Combo, Sliding Doors, High Ceilings, Wood Floors
- Level: Main
- Area: 182
- Dimensions: 13 x 14
Kitchen
- Features: Builtin Range, Builtin Refrigerator, Dishwasher, Gas Appliances, Island, Microwave, Butlers Pantry, Double Sinks, High Ceilings, Quartz, Wood Floors
- Level: Main
- Area: 180
- Width: 15
Living room
- Features: Builtin Features, Fireplace, Living Room Dining Room Combo, High Ceilings, Wet Bar, Wood Floors
- Level: Main
- Area: 238
- Dimensions: 14 x 17
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built-In Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Appliances, Microwave, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater, Tankless Water Heater
- Laundry: Laundry Room
Features
- Elevator, High Ceilings, Marble, Quartz, Soaking Tub, Sink, Closet, Suite, Walkin Shower, Balcony, Living Room Dining Room Combo, Kitchen Island, Butlers Pantry, Double Vanity, Built-in Features, Wet Bar, Double Closet, Walk-In Closet(s), Pot Filler
- Flooring: Slate, Wood
- Doors: Sliding Doors
- Windows: Double Pane Windows, Vinyl Frames
- Basement: None,Storage Space
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 1,986
- Total interior livable area: 1,986 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Secured, Condo Garage (Deeded), Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: Accessible Elevator Installed, Accessible Hallway, Main Floor Bedroom Bath, One Level, Parking, Utility Room On Main, Walkin Shower, Accessibility
Features
- Stories: 1
- Entry location: Upper Floor
- Patio & porch: Covered Patio
- Exterior features: Balcony
- Has view: Yes
- View description: Territorial
Lot
- Features: Gentle Sloping, Level
Details
- Additional structures: GuestQuarters
- Additional parcels included: 05040503,05040519
- Parcel number: 05040487
Construction
Type & style
- Home type: Condo
- Architectural style: Custom Style
- Property subtype: Residential, Condominium
Materials
- Cement Siding, Lap Siding, Stone
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Condo Elevator, Condo Concierge
- Security: Entry, Security Gate
- Subdivision: First Addition
HOA
- Has HOA: Yes
- Amenities included: Commons, Concierge, Exterior Maintenance, Gated, Gym, Insurance, Library, Management, Meeting Room, Sauna, Sewer, Trash, Water, Weight Room
- HOA fee: $1,324 monthly
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $750/sqft
- Tax assessed value: $1,960,440
- Annual tax amount: $20,884
- Date on market: 10/13/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | $1,490,000$750/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,173 +43.1% | $1,052,756 +43.5% |
| 2024 | $14,097 | $733,780 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: First Addition-Forest Hills
Nearby schools
Schools provided by the listing agent
- Elementary: Forest Hills
- Middle: Lake Oswego
- High: Lake Oswego
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







