This design-forward Northwest Contemporary residence occupies a private, level, nearly half-acre flag lot in Lake Grove. The moment you step into the backyard, the city fades completely, surrounding you with the scent of a deep forest, towering mature trees, an outdoor fireplace, a fire pit, and a pond announced by the sound of its running stream. It feels like time in the wilderness, yet you are just a 7-minute walk to lake access and three exclusive boat easements. Inside, light-filled spaces showcase soaring vaults and timeless character. Premium hardwoods flow through the main level, where you'll find a living room anchored by a fireplace, two comfortable bedrooms, and a study. The entire upper level is dedicated to a primary suite retreat, showcasing vaulted beamed ceilings, a massive walk-in closet, and an ensuite bathroom with a separate soaking tub and shower. A separate exterior entrance opens into a fully functional 1,010-square-foot secondary residence with its own kitchenette, laundry, and guest quarters, ideal for extended family or turn-key income. A flex entry allows this wing to easily join the main structure for single-family use. Enjoy indoor-outdoor living with a covered dining patio, Hot Tub of Oregon spa, and an integrated indoor/exterior Sonos sound system. The private driveway opens to a spacious parking motor court with dedicated spaces for the ADU wing and three total garage spaces. High-value mechanical assets include central air, a mini-split system, a new roof, and a new HVAC system. Top-tier Lake Oswego schools and premier local dining are just minutes away.
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Zestimate®
$1,389,000
3435 Lake Grove Ave, Lake Oswego, OR 97035
4beds
2,865sqft
Residential, Single Family Residence
Built in 1978
0.45 Acres Lot
$1,389,000 Zestimate®
$485/sqft
$4,460 Estimated rent
Home value
$1,389,000
$1.32M - $1.46M
$4,460/mo
Zestimate® history
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List your homeWhat's special
Outdoor fireplaceFire pitMini-split systemMassive walk-in closetTimeless characterCovered dining patioCentral air
Zillow last checked:
Listing updated:
Listed by:
Erik Leland 503-200-9606,
Realty First
Bought with:
Jessica Karman, 200511029
Windermere Realty Trust
Source: RMLS (OR),MLS#: 538675106
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Rooms
- Room types: Guest Quarters, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathroom, Beamed Ceilings, Ensuite, Soaking Tub, Vaulted Ceiling, Walkin Closet, Wood Floors
- Level: Upper
- Area: 368
- Dimensions: 23 x 16
Bedroom 2
- Features: Skylight, Wood Floors
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Bedroom 3
- Features: Wood Floors
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Dining room
- Features: Wood Floors
- Level: Main
- Area: 84
- Dimensions: 14 x 6
Kitchen
- Features: Dishwasher, Microwave, Free Standing Range, Free Standing Refrigerator, Granite
- Level: Main
- Area: 150
- Width: 10
Living room
- Features: Beamed Ceilings, Fireplace, Sliding Doors, Vaulted Ceiling, Wood Floors
- Level: Main
- Area: 320
- Dimensions: 20 x 16
Heating
- ENERGY STAR Qualified Equipment, Forced Air 95 Plus, Mini Split, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, Microwave, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Granite, High Ceilings, High Speed Internet, Soaking Tub, Sound System, Vaulted Ceiling(s), Wainscoting, Beamed Ceilings, Bathroom, Walk-In Closet(s), Tile
- Flooring: Hardwood, Tile, Wood
- Doors: Sliding Doors
- Windows: Double Pane Windows, Vinyl Frames, Skylight(s)
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas, Outside
Interior area
- Total structure area: 2,865
- Total interior livable area: 2,865 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Parking Pad, Garage Door Opener, Attached
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Deck, Deck, Porch
- Exterior features: Fire Pit, Water Feature, Yard, Exterior Entry
- Has spa: Yes
- Spa features: Free Standing Hot Tub, Bath
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: Pond
Lot
- Size: 0.45 Acres
- Features: Flag Lot, Level, Private, Secluded, Trees, Sprinkler, SqFt 15000 to 19999
Details
- Additional structures: GuestQuarters, SecondGarage, SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: 00245470
Construction
Type & style
- Home type: SingleFamily
- Architectural style: NW Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Wood Siding
- Foundation: Concrete Perimeter, Pillar/Post/Pier, Slab
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1978
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Green energy
- Water conservation: Dual Flush Toilet
Community & HOA
Community
- Security: Fire Sprinkler System, Security Lights
- Subdivision: Lake Grove
HOA
- Has HOA: No
- Amenities included: Lake Easement
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $485/sqft
- Tax assessed value: $1,129,894
- Annual tax amount: $10,352
- Date on market: 5/15/2026
- Cumulative days on market: 28 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Sold | $1,389,000-0.7%$485/sqft |
Source:  RMLS (OR) #538675106 Report a problem | ||
| 6/13/2026 | Pending sale | $1,399,000$488/sqft |
Source: RMLS (OR) #538675106 Report a problem | ||
| 5/15/2026 | Listed for sale | $1,399,000+144.4%$488/sqft |
Source: RMLS (OR) #538675106 Report a problem | ||
| 1/31/2014 | Sold | $572,500-3.8%$200/sqft |
Source: RMLS (OR) #13165103 Report a problem | ||
| 11/7/2013 | Price change | $595,000-1.6%$208/sqft |
Source: Meadows Group Inc., Realtors #13165103 Report a problem | ||
| 10/18/2013 | Price change | $604,900-2.4%$211/sqft |
Source: Meadows Group Inc., Realtors #13221459 Report a problem | ||
| 10/7/2013 | Listed for sale | $619,900+15.5%$216/sqft |
Source: Meadows Group Inc., Realtors #13221459 Report a problem | ||
| 6/1/2011 | Sold | $536,700-2.2%$187/sqft |
Source: Public Record Report a problem | ||
| 4/3/2011 | Listed for sale | $549,000+37.3%$192/sqft |
Source: Windermere Realty Group #11653863 Report a problem | ||
| 1/5/2004 | Sold | $400,000+17.7%$140/sqft |
Source: Public Record Report a problem | ||
| 7/23/2003 | Sold | $339,900+58.2%$119/sqft |
Source: Public Record Report a problem | ||
| 8/31/2001 | Sold | $214,900$75/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,353 +2.7% | $539,081 +3% |
| 2024 | $10,077 +3% | $523,380 +3% |
| 2023 | $9,781 +3.1% | $508,136 +3% |
| 2022 | $9,490 +8.3% | $493,336 +3% |
| 2021 | $8,765 +2.6% | $478,967 +3% |
| 2020 | $8,545 +2.5% | $465,017 +3% |
| 2019 | $8,335 +5.2% | $451,473 +3% |
| 2018 | $7,926 | $438,323 +3% |
| 2017 | $7,926 +13.8% | $425,556 +3% |
| 2016 | $6,963 | $413,161 +3% |
| 2015 | $6,963 +3.5% | $401,127 +3% |
| 2014 | $6,727 +5.4% | $389,444 +3% |
| 2013 | $6,380 +2.6% | $378,101 +3% |
| 2012 | $6,217 +1.6% | $367,088 +3% |
| 2011 | $6,118 +1.7% | $356,396 +3% |
| 2010 | $6,015 +1.1% | $346,016 +3% |
| 2009 | $5,952 +6.7% | $335,938 +3% |
| 2008 | $5,579 +4.6% | $326,153 +3% |
| 2007 | $5,333 +4.3% | $316,653 +3% |
| 2006 | $5,112 +0.3% | $307,430 +3% |
| 2005 | $5,096 +33.7% | $298,476 +32.4% |
| 2004 | $3,811 +4.9% | $225,486 +3% |
| 2003 | $3,634 +13% | $218,918 +11.5% |
| 2002 | $3,216 +1.9% | $196,363 +3% |
| 2001 | $3,156 +10.5% | $190,644 +3% |
| 2000 | $2,857 | $185,091 |
Find assessor info on the county website
Neighborhood: Lake Grove
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Nearby schools
GreatSchools rating
- 8/10Lake Grove Elementary SchoolGrades: K-5Distance: 1.2 mi
- 8/10Lake Oswego Junior High SchoolGrades: 6-8Distance: 1 mi
- 10/10Lake Oswego Senior High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Lake Grove
- 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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Estimated market value
$1,389,000
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Estimated market value
$1,389,000
- Oregon
- Clackamas County
- Lake Oswego
- 97035
- Lake Grove
- 3435 Lake Grove Ave
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