Here's a massive opportunity in First Addition. Major price adjustment made and things are rolling! Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets!
Active
$799,900
247 E Ave, Lake Oswego, OR 97034
3beds
1,533sqft
Residential, Single Family Residence
Built in 2026
-- sqft lot
$-- Zestimate®
$522/sqft
$-- HOA
What's special
Modern contemporary designExceptional finish work
- 15 days |
- 395 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Aleksander Koval 503-548-8008,
The Koval Group
Source: RMLS (OR),MLS#: 695064465
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Suite
- Level: Upper
- Area: 255
- Dimensions: 17 x 15
Bedroom 2
- Level: Lower
- Area: 182
- Dimensions: 13 x 14
Bedroom 3
- Level: Lower
- Area: 120
- Dimensions: 12 x 10
Dining room
- Level: Main
Kitchen
- Features: Quartz
- Level: Main
Living room
- Features: Family Room Kitchen Combo
- Level: Main
Heating
- Mini Split
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Disposal, Free-Standing Range, Stainless Steel Appliance(s), Electric Water Heater
Features
- Quartz, Family Room Kitchen Combo, Suite
- Flooring: Hardwood, Tile
- Windows: Double Pane Windows
- Basement: Full
Interior area
- Total structure area: 1,533
- Total interior livable area: 1,533 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Patio, Porch
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Features: Level, SqFt 0K to 2999
Details
- Parcel number: New Construction
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Board & Batten Siding, Cement Siding
- Foundation: Slab
- Roof: Composition
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: First Addition
HOA
- Has HOA: No
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $522/sqft
- Date on market: 6/29/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Listed for sale | $799,900$522/sqft |
Source:  RMLS (OR) #695064465 Report a problem | ||
Public tax history
Tax history is unavailable.
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
GreatSchools rating
- 9/10Forest Hills Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Lake Oswego Junior High SchoolGrades: 6-8Distance: 1.8 mi
- 10/10Lake Oswego Senior High SchoolGrades: 9-12Distance: 1.8 mi
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.
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