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Active
    • Price cut: $35K (8/19)
    $895,000

    40 Condolea Ct, Lake Oswego, OR 97035

    3beds
    3,068sqft
    : 
    $6,995/mo
    Get pre-qualified
    Residential, Condominium, Townhouse
    Built in 1972
    -- sqft lot
    $882,600 Zestimate®
    $292/sqft
    $848/mo HOA

    What's special

    Curated finishes throughoutCedar-lined walk-in closetExpansive gathering spacesDedicated dining roomSeparate walk-in showerAttached two-car garageGenerous guest bedroom
    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.
    71 days
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    363
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    13
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    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#: 581679187MLS Logo

      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
      • Second HOA fee: $478 semi-annually
      Location
      • Region: Lake Oswego

      Financial & listing details

      • Price per square foot: $292/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

        $882,600

        $838,000 - $927,000

        $4,623/mo

        Price history

        DateEventPrice
        8/19/2026Price change$895,000-3.8%$292/sqft
        Source: RMLS (OR) #581679187 Report a problem
        7/20/2026Price change$930,000-6.5%$303/sqft
        Source: RMLS (OR) #581679187 Report a problem
        6/16/2026Listed for sale$995,000-15.3%$324/sqft
        Source: RMLS (OR) #581679187 Report a problem
        10/31/2024Sold$1,175,000+6.8%$383/sqft
        Source: Public Record Report a problem
        4/20/2022Sold$1,100,000+51.7%$359/sqft
        Source: Public Record Report a problem
        11/10/2020Sold$725,000-4%$236/sqft
        Source: RMLS (OR) #20352163 Report a problem
        10/14/2020Pending sale$755,000$246/sqft
        Source: Handris Realty Company #20352163 Report a problem
        9/25/2020Price change$755,000-2.6%$246/sqft
        Source: Handris Realty Company #20352163 Report a problem
        9/10/2020Listed for sale$775,000+55%$253/sqft
        Source: Handris Realty Company #20352163 Report a problem
        12/6/2011Sold$500,000+3.1%$163/sqft
        Source: Public Record Report a problem
        11/16/2011Pending sale$485,000$158/sqft
        Source: Windermere Cronin & Caplan Realty Group, Inc. #11632033 Report a problem
        9/23/2011Listed for sale$485,000$158/sqft
        Source: Windermere Cronin & Caplan Realty Group, Inc. #11632033 Report a problem
        6/29/2011Listing removed$485,000$158/sqft
        Source: Windermere Cronin & Caplan Realty Group, Inc. #11632033 Report a problem
        4/5/2011Listed for sale$485,000-14.8%$158/sqft
        Source: Windermere Cronin & Caplan Realty Group, Inc. #11632033 Report a problem
        9/10/2010Listing removed$569,000$185/sqft
        Source: Windermere Cronin & Caplan Realty Group, Inc. #10012837 Report a problem
        7/25/2009Price change$569,000-12.3%$185/sqft
        Source: Realty Trust Group, Inc. #9057821 Report a problem
        3/22/2009Price change$649,000-7.2%$212/sqft
        Source: Realty Trust Group, Inc. #9057821 Report a problem
        1/27/2009Listed for sale$699,000+79.2%$228/sqft
        Source: Realty Trust Group, Inc. #9057821 Report a problem
        1/24/2006Sold$390,000$127/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
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        Climate risks

        Neighborhood: Mountain Park

        Getting around

        59 / 100
        Somewhat Walkable
        27 / 100
        Some Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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