Perfectly positioned in the heart of downtown Lake Oswego, this beautiful 2 bed, 2 bath ground level condominium offers style, comfort, and effortless convenience. The space feels bright and open with high ceilings, expansive windows, and a refined corner location on the ground floor. This coveted garden level corner unit provides a peaceful connection to the outdoors and offers practical everyday advantages, including convenient access for those with small pets and an easy route in and out of the building. The kitchen is both functional and inviting, featuring stainless appliances and generous cabinetry that flows easily into the living and dining areas. The primary bedroom enjoys its own adjoining bath, creating a layout that offers both privacy and connection. Residents of this secure mid rise community appreciate gated parking, professional management, and the peaceful setting of just 30 homes. Built in 2007, the building offers the best of downtown living with the lake, parks, cafes, and the weekend farmers market, while still maintaining a quiet residential feel. This unit delivers the sophistication and simplicity that make Lake Oswego living so desirable.
Active
$1,139,900
527 2nd St, Lake Oswego, OR 97034
2beds
1,196sqft
Residential, Condominium
Built in 2007
-- sqft lot
$-- Zestimate®
$953/sqft
$661/mo HOA
What's special
Expansive windowsGated parkingStainless appliancesGenerous cabinetry
- 232 days |
- 247 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Tonya Bunick maryjo@averybunickproperties.com,
Avery Bunick Properties
Source: RMLS (OR),MLS#: 729159413
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Entry, Laundry, Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Ensuite, Walkin Closet, Walkin Shower, Wallto Wall Carpet
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Bedroom 2
- Features: Wallto Wall Carpet
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Dining room
- Features: Bay Window, Kitchen Dining Room Combo
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Kitchen
- Features: Gourmet Kitchen, Hardwood Floors, Island
- Level: Main
- Area: 153
- Width: 9
Living room
- Features: Balcony, Builtin Features, Fireplace, Patio, Sliding Doors
- Level: Main
- Area: 288
- Dimensions: 18 x 16
Heating
- Forced Air, Heat Pump, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built In Oven, Built-In Range, Built-In Refrigerator, Disposal, Microwave, Range Hood, Washer/Dryer, Gas Water Heater, Recirculating Water Heater
- Laundry: Laundry Room
Features
- Granite, Kitchen Dining Room Combo, Gourmet Kitchen, Kitchen Island, Balcony, Built-in Features, Walk-In Closet(s), Walkin Shower, Tile
- Flooring: Hardwood, Tile, Wall to Wall Carpet
- Doors: Sliding Doors
- Windows: Bay Window(s)
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 1,196
- Total interior livable area: 1,196 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Secured, Condo Garage (Other), Shared Garage
- Garage spaces: 1
Accessibility
- Accessibility features: One Level, Walkin Shower, Accessibility
Features
- Stories: 1
- Entry location: Ground Floor
- Patio & porch: Patio
- Exterior features: Balcony
- Fencing: Fenced
Lot
- Features: Level, Sprinkler
Details
- Parcel number: 05021799
- Other equipment: Intercom
Construction
Type & style
- Home type: Condo
- Architectural style: Custom Style
- Property subtype: Residential, Condominium
Materials
- Cedar, Stone
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2007
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Condo Elevator
- Security: Entry
- Subdivision: First Addition
HOA
- Has HOA: Yes
- Amenities included: Commons, Exterior Maintenance, Gas, Management, Sewer, Trash, Water
- HOA fee: $661 monthly
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $953/sqft
- Tax assessed value: $793,090
- Annual tax amount: $8,838
- Date on market: 11/16/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Price change | $1,139,900-5%$953/sqft |
Source: | ||
| 11/17/2025 | Listed for sale | $1,199,900+131.2%$1,003/sqft |
Source: | ||
| 11/4/2008 | Sold | $519,079$434/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,839 +2.7% | $461,259 +3% |
| 2024 | $8,603 +3% | $447,825 +3% |
| 2023 | $8,350 +3.1% | $434,782 +3% |
| 2022 | $8,103 +8.3% | $422,119 +3% |
| 2021 | $7,483 +2.6% | $409,825 +3% |
| 2020 | $7,295 +2.5% | $397,889 +3% |
| 2019 | $7,115 +5.2% | $386,300 +3% |
| 2018 | $6,766 +6.8% | $375,049 +3% |
| 2017 | $6,333 +6.6% | $364,125 +3% |
| 2016 | $5,943 | $353,519 +3% |
| 2015 | $5,943 +3.5% | $343,222 +3% |
| 2014 | $5,742 +18.4% | $333,225 +9.5% |
| 2013 | $4,849 +0.9% | $304,210 +0.9% |
| 2012 | $4,806 -6.6% | $301,440 -6.8% |
| 2011 | $5,144 -5.2% | $323,519 +3% |
| 2010 | $5,429 +0.7% | $314,096 +3% |
| 2009 | $5,390 | $304,948 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: First Addition-Forest Hills
Nearby schools
GreatSchools rating
- 9/10Forest Hills Elementary SchoolGrades: K-5Distance: 0.6 mi
- 8/10Lake Oswego Junior High SchoolGrades: 6-8Distance: 1.8 mi
- 10/10Lake Oswego Senior High SchoolGrades: 9-12Distance: 1.9 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.
A local agent can set up tours, give advice and negotiate with sellers.




