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  • $220,000

    40 Crestfield Ct, Lake Oswego, OR 97035

    1beds
    690sqft
    Residential, Condominium
    Built in 1980
    -- sqft lot
    $220,000 Zestimate®
    $319/sqft
    $1,542 Estimated rent

    Home value

    $220,000

    $209,000 - $231,000

    $1,542/mo

    Zestimate® history
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    What's special

    Cozy wood-burning fireplacePeaceful woodsy settingUpdated appliancesDedicated laundry roomCharming turnkey top-floor condoBeautifully maintained outdoor poolAbundant natural light
    Welcome to this charming, turnkey top-floor condo in Lake Oswego, located in Clackamas County (lower property taxes). Set in the desirable Kingsgate Park community, this home offers a peaceful, woodsy setting that feels quiet and private—yet remains close to everything Lake Oswego has to offer.Inside, enjoy an open layout with vaulted ceilings, abundant natural light, and a cozy wood-burning fireplace. Efficient ductless mini-splits provide year-round comfort installed in summer 2025. The kitchen has been thoughtfully remodeled with granite slab countertops and updated appliances, and the bathroom features an updated glass shower door. A dedicated laundry room provides additional storage and everyday convenience. Step outside to your private corner balcony—perfect for morning coffee or evening sunsets—and enjoy the included secure storage area. Parking is easy with a deeded, covered space located right next to the unit, plus ample guest parking. Kingsgate Park stands apart from larger Mountain Park complexes with its small, quiet, and wooded feel, while still offering a beautifully maintained outdoor pool and clubhouse. HOA dues are reasonable, and include water, sewer, trash, and more—plus membership to the Mountain Park Rec Center.Conveniently located near I-5, Mountain Park trails, shopping, dining, and Lake Oswego’s sought-after amenities, this home offers a rare combination of tranquility, comfort, and location. A wonderful opportunity to own in one of Lake Oswego’s most desirable areas.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Rice 503-333-5519,

    Windermere Realty Trust,

    Jill Pereira 503-753-6493,

    Windermere Realty Trust

    Bought with:

    Jennifer Lillie, 201207160

    Premiere Property Group, LLC

    Source: RMLS (OR),MLS#: 742367057MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Laundry, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Ceiling Fan, Ensuite, Wallto Wall Carpet
    • Level: Main
    • Area: 143
    • Dimensions: 13 x 11
    Dining room
    • Features: Eat Bar, Wood Floors
    • Level: Main
    • Area: 72
    • Dimensions: 9 x 8
    Kitchen
    • Features: Dishwasher, Disposal, Free Standing Range, Free Standing Refrigerator, Granite, Wood Floors
    • Level: Main
    Living room
    • Features: Ceiling Fan, Deck, Fireplace, Sliding Doors, Vaulted Ceiling
    • Level: Main
    • Area: 266
    • Dimensions: 19 x 14
    Heating
    • Heat Pump, Fireplace(s)
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Range Hood, Washer/Dryer, Electric Water Heater, Tank Water Heater
    Features
    • Ceiling Fan(s), Granite, Vaulted Ceiling(s), Pantry, Eat Bar
    • Flooring: Wall to Wall Carpet, Wood
    • Doors: Sliding Doors
    • Windows: Aluminum Frames
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 690
    • Total interior livable area: 690 sqft

    Property

    Parking
    • Parking features: Carport, Condo Garage (Deeded), Detached
    • Has carport: Yes
    Features
    • Stories: 1
    • Entry location: Upper Floor
    • Patio & porch: Deck
    • Spa features: Association
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Features: Commons, Trees
    Details
    • Parcel number: 00219622

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Residential, Condominium
    Materials
    • Cedar
    • Foundation: Concrete Perimeter
    • Roof: Tile
    Condition
    • Resale
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Oak Creek
    HOA
    • Has HOA: Yes
    • Amenities included: All Landscaping, Basketball Court, Exterior Maintenance, Gym, Maintenance Grounds, Management, Pool, Recreation Facilities, Sewer, Spa Hot Tub, Tennis Court, Trash, Water
    • HOA fee: $484 monthly
    • Second HOA fee: $298 semi-annually
    Location
    • Region: Lake Oswego

    Financial & listing details

    • Price per square foot: $319/sqft
    • Tax assessed value: $243,920
    • Annual tax amount: $2,400
    • Date on market: 1/26/2026
    • Cumulative days on market: 68 days
    • Listing terms: Cash,Conventional,FHA
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/7/2026Sold$220,000$319/sqft
    Source: RMLS (OR) #742367057 Report a problem
    4/6/2026Pending sale$220,000$319/sqft
    Source: RMLS (OR) #742367057 Report a problem
    1/26/2026Listed for sale$220,000$319/sqft
    Source: RMLS (OR) #742367057 Report a problem
    8/15/2025Sold$220,000-2.2%$319/sqft
    Source: RMLS (OR) #185632444 Report a problem
    7/22/2025Pending sale$224,900$326/sqft
    Source: RMLS (OR) #185632444 Report a problem
    7/11/2025Listed for sale$224,900-9.7%$326/sqft
    Source: RMLS (OR) #185632444 Report a problem
    10/13/2023Listing removed--
    Source: Owner Report a problem
    10/1/2023Listed for sale$249,000+10.7%$361/sqft
    Source: Owner Report a problem
    8/31/2022Sold$225,000+12.5%$326/sqft
    Source: RMLS (OR) #22449853 Report a problem
    8/24/2022Pending sale$200,000$290/sqft
    Source: RE/MAX International #22449853 Report a problem
    8/19/2022Listed for sale$200,000$290/sqft
    Source: RE/MAX International #22449853 Report a problem
    8/14/2022Pending sale$200,000$290/sqft
    Source: RMLS (OR) #22449853 Report a problem
    8/11/2022Listed for sale$200,000+13.1%$290/sqft
    Source: RMLS (OR) #22449853 Report a problem
    4/24/2019Sold$176,893-4.3%$256/sqft
    Source: Public Record Report a problem
    4/8/2019Pending sale$184,900$268/sqft
    Source: Windermere Realty Trust #19329807 Report a problem
    4/5/2019Listed for sale$184,900+168%$268/sqft
    Source: Windermere Realty Trust #19329807 Report a problem
    3/19/1996Sold$69,000$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,400 +2.7%$124,992 +3%
    2024$2,336 +3%$121,352 +3%
    2023$2,268 +3.1%$117,818 +3%
    2022$2,200 +8.3%$114,387 +3%
    2021$2,032 +8.9%$111,056 +9.3%
    2020$1,867 +2.5%$101,587 +3%
    2019$1,821 +5.2%$98,629 +3%
    2018$1,732 $95,756 +3%
    2017$1,732 +13.8%$92,967 +3%
    2016$1,521 $90,259 +3%
    2015$1,521 +4.8%$87,630 +3%
    2014$1,451 +11.2%$85,078 +4.2%
    2013$1,305 -1.1%$81,680 -1.1%
    2012$1,320 +0.1%$82,600 +2.5%
    2011$1,319 -3%$80,584 +3%
    2010$1,360 +1.1%$78,237 +3%
    2009$1,346 +6.7%$75,958 +3%
    2008$1,261 +4.6%$73,746 +3%
    2007$1,206 +4.3%$71,598 +3%
    2006$1,156 +0.3%$69,513 +3%
    2005$1,152 +4.1%$67,488 +3%
    2004$1,107 +4.9%$65,522 +3%
    2003$1,056 +4.4%$63,614 +3%
    2002$1,012 +1.9%$61,761 +3%
    2001$993 +10.5%$59,962 +3%
    2000$899 $58,216
    Find assessor info on the county website

    Neighborhood: Oak Creek

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Oak Creek
    • 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
    $220,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $220,000