Extensively remodeled and thoughtfully reimagined by VanillaWood in 2020, this exceptional residence offers over 3,000 square feet of refined living within Lake Oswego's sought-after Condolea community. With no neighbors above or below, the home lives like a private townhome while providing the convenience of a low-maintenance condominium lifestyle. The renovation introduced a timeless blend of sophisticated design and quality craftsmanship, highlighted by engineered hardwood flooring, quartz countertops throughout the kitchen and bathrooms, custom cabinetry, a Wolf 6-burner cooktop, Sub-Zero refrigerator, and curated finishes throughout. Designed for both entertaining and everyday living, the main level features expansive gathering spaces, a dedicated dining room, a great room with gas fireplace, a custom bar area, and seamless access to a spacious deck overlooking territorial views. A private courtyard, accessible from the dining room, provides an additional outdoor retreat for gardening, morning coffee, or quiet relaxation. The main-level primary suite offers true single-level living and features radiant heated floors, a freestanding soaking tub, separate walk-in shower, and cedar-lined walk-in closet. The lower level includes a generous guest bedroom, full bathroom, expansive family room with marble-encased gas fireplace, and a large utility room with abundant cabinetry and storage. An attached two-car garage adds convenience rarely found in condominium living. Residents enjoy a lock-and-leave lifestyle with HOA amenities including exterior maintenance, front landscape maintenance, a clubhouse, swimming pool, and hot tub. Located less than half a mile from New Seasons Market and just minutes from Lake Oswego's shopping, dining, parks, and everyday conveniences, this is a rare opportunity to enjoy spacious, turnkey living in one of the area's most desirable 55+ communities.
Active
$995,000
40 Condolea Ct, Lake Oswego, OR 97035
3beds
3,068sqft
Residential, Condominium, Townhouse
Built in 1972
-- sqft lot
$984,900 Zestimate®
$324/sqft
$768/mo HOA
What's special
Curated finishes throughoutCedar-lined walk-in closetExpansive gathering spacesDedicated dining roomSeparate walk-in showerAttached two-car garageGenerous guest bedroom
- 18 days |
- 375 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Jim McCartan 503-314-2100,
Cascade Hasson Sotheby's International Realty,
Joe McCartan 971-400-0017,
Cascade Hasson Sotheby's International Realty
Source: RMLS (OR),MLS#: 581679187
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 2
Rooms
- Room types: Utility Room, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathtub, Engineered Hardwood, Shower, Suite, Tile Floor, Walkin Closet
- Level: Main
Bedroom 2
- Features: Closet, Engineered Hardwood
- Level: Main
Bedroom 3
- Features: Closet, Wallto Wall Carpet
- Level: Lower
Dining room
- Features: Sliding Doors, Engineered Hardwood
- Level: Main
Family room
- Features: Fireplace, Vinyl Floor
- Level: Lower
Kitchen
- Features: Builtin Refrigerator, Dishwasher, Gas Appliances, Island, Microwave, Engineered Hardwood, Quartz
- Level: Main
Living room
- Features: Deck, Fireplace, Sliding Doors, Engineered Hardwood
- Level: Main
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built In Oven, Built-In Refrigerator, Dishwasher, Disposal, Gas Appliances, Microwave, Range Hood, Wine Cooler, Washer/Dryer, Gas Water Heater, Tankless Water Heater
- Laundry: Laundry Room
Features
- Quartz, Built-in Features, Sink, Closet, Kitchen Island, Bathtub, Shower, Suite, Walk-In Closet(s), Pantry
- Flooring: Engineered Hardwood, Heated Tile, Tile, Vinyl, Wall to Wall Carpet
- Doors: Sliding Doors
- Windows: Double Pane Windows
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 3,068
- Total interior livable area: 3,068 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Garage Door Opener, Condo Garage (Attached), Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: Garage On Main, Natural Lighting, Accessibility
Features
- Levels: Two
- Stories: 2
- Entry location: Main Level
- Patio & porch: Deck, Patio
- Spa features: Association
- Has view: Yes
- View description: Territorial
Lot
- Features: Gentle Sloping, Level
Details
- Parcel number: R139288
Construction
Type & style
- Home type: Townhouse
- Property subtype: Residential, Condominium, Townhouse
Materials
- Cedar
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1972
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Commons, Exterior Maintenance, Front Yard Landscaping, Meeting Room, Party Room, Pool, Spa Hot Tub
- HOA fee: $768 monthly
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $324/sqft
- Tax assessed value: $799,810
- Annual tax amount: $11,061
- Date on market: 6/16/2026
- Listing terms: Call Listing Agent,Cash,Conventional
- Road surface type: Paved
Estimated market value
$984,900
$936,000 - $1.03M
$4,033/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $995,000-15.3%$324/sqft |
Source:  RMLS (OR) #581679187 Report a problem | ||
| 10/31/2024 | Sold | $1,175,000+6.8%$383/sqft |
Source: Public Record Report a problem | ||
| 4/20/2022 | Sold | $1,100,000+51.7%$359/sqft |
Source: Public Record Report a problem | ||
| 11/10/2020 | Sold | $725,000-4%$236/sqft |
Source: RMLS (OR) #20352163 Report a problem | ||
| 10/14/2020 | Pending sale | $755,000$246/sqft |
Source: Handris Realty Company #20352163 Report a problem | ||
| 9/25/2020 | Price change | $755,000-2.6%$246/sqft |
Source: Handris Realty Company #20352163 Report a problem | ||
| 9/10/2020 | Listed for sale | $775,000+55%$253/sqft |
Source: Handris Realty Company #20352163 Report a problem | ||
| 12/6/2011 | Sold | $500,000+3.1%$163/sqft |
Source: Public Record Report a problem | ||
| 11/16/2011 | Pending sale | $485,000$158/sqft |
Source: Windermere Cronin & Caplan Realty Group, Inc. #11632033 Report a problem | ||
| 9/23/2011 | Listed for sale | $485,000$158/sqft |
Source: Windermere Cronin & Caplan Realty Group, Inc. #11632033 Report a problem | ||
| 6/29/2011 | Listing removed | $485,000$158/sqft |
Source: Windermere Cronin & Caplan Realty Group, Inc. #11632033 Report a problem | ||
| 4/5/2011 | Listed for sale | $485,000-14.8%$158/sqft |
Source: Windermere Cronin & Caplan Realty Group, Inc. #11632033 Report a problem | ||
| 9/10/2010 | Listing removed | $569,000$185/sqft |
Source: Windermere Cronin & Caplan Realty Group, Inc. #10012837 Report a problem | ||
| 7/25/2009 | Price change | $569,000-12.3%$185/sqft |
Source: Realty Trust Group, Inc. #9057821 Report a problem | ||
| 3/22/2009 | Price change | $649,000-7.2%$212/sqft |
Source: Realty Trust Group, Inc. #9057821 Report a problem | ||
| 1/27/2009 | Listed for sale | $699,000+79.2%$228/sqft |
Source: Realty Trust Group, Inc. #9057821 Report a problem | ||
| 1/24/2006 | Sold | $390,000$127/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,062 +3.7% | $490,090 +3% |
| 2024 | $10,663 +2.8% | $475,820 +3% |
| 2023 | $10,375 +3.3% | $461,970 +3% |
| 2022 | $10,041 +2.7% | $448,520 +3% |
| 2021 | $9,781 +5.2% | $435,460 +3% |
| 2020 | $9,294 +2.6% | $422,780 +3% |
| 2019 | $9,054 | $410,470 +3% |
| 2018 | $9,054 +3.4% | $398,520 +3% |
| 2017 | $8,755 +19.9% | $386,920 +3% |
| 2016 | $7,305 | $375,660 +3% |
| 2015 | $7,305 +7.8% | $364,720 +3% |
| 2014 | $6,777 +5% | $354,100 +3% |
| 2013 | $6,452 +11.1% | $343,790 +3% |
| 2012 | $5,805 +1.2% | $333,780 +3% |
| 2011 | $5,734 -3.2% | $324,060 +3% |
| 2010 | $5,921 +2.6% | $314,630 +3% |
| 2009 | $5,770 | $305,470 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: Mountain Park
Nearby schools
GreatSchools rating
- 10/10Stephenson Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Jackson Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Stephenson
- Middle: Jackson
- High: Ida B Wells
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Lake Oswego
- 97035
- Mountain Park
- 40 Condolea Ct
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