A rare opportunity in Lake Oswego's First Addition: this 2 bedroom, 2 bath condominium has had a single owner since new and has been occupied only a few months each year. The result is a home in genuinely like-new condition, free of the wear and deferred updates most resales require. At approximately 1,025 square feet, the open, light-filled layout is designed to simplify rather than reduce, offering the ease of gated access, assigned parking, and additional storage, with no yard or exterior upkeep to manage. For an owner ready to trade square footage for location and freedom, whether stepping down from a larger home, maintaining a seasonal Pacific Northwest residence, or wanting a low-maintenance base near downtown Portland, this home asks for nothing but daily living. Just blocks from Oswego Lake and the restaurants, shops, and galleries of downtown Lake Oswego, including Baird's on B, Salt & Straw, and Bamboo Sushi, it offers true walkable convenience in one of the area's most established neighborhoods. A well-preserved home, ready for its next chapter.
Active
$924,900
535 2nd St #207, Lake Oswego, OR 97034
2beds
1,025sqft
Residential, Condominium
Built in 2007
-- sqft lot
$-- Zestimate®
$902/sqft
$634/mo HOA
What's special
Additional storageGenuinely like-new conditionWell-preserved homeOpen light-filled layout
- 222 days
- 357
- 17
Zillow last checked:
Listing updated:
Listed by:
Veronica Park 503-250-0667,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 515294060
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Suite, Walkin Closet, Walkin Shower, Wood Floors
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Bedroom 2
- Features: Bathtub With Shower, Shared Bath, Wood Floors
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Dining room
- Features: Living Room Dining Room Combo
- Level: Main
Kitchen
- Features: Dishwasher, Gas Appliances, Microwave, Rollin Shower, Builtin Oven, Free Standing Refrigerator, Granite
- Level: Main
- Area: 104
- Width: 8
Living room
- Features: Fireplace, Sliding Doors
- Level: Main
- Area: 260
- Dimensions: 20 x 13
Heating
- Forced Air, Heat Pump, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built In Oven, Dishwasher, Free-Standing Refrigerator, Gas Appliances, Microwave, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
Features
- Granite, High Ceilings, Soaking Tub, Bathtub With Shower, Shared Bath, Living Room Dining Room Combo, Rollin Shower, Suite, Walk-In Closet(s), Walkin Shower
- Flooring: Hardwood, Tile, Wood
- Doors: Sliding Doors
- Windows: Vinyl Frames
- Number of fireplaces: 1
- Fireplace features: Electric
Interior area
- Total structure area: 1,025
- Total interior livable area: 1,025 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Deeded, Secured, Condo Garage (Attached), Garage Available
- Garage spaces: 1
Accessibility
- Accessibility features: Accessible Elevator Installed, Accessible Entrance, Accessible Hallway, Ground Level, Main Floor Bedroom Bath, Minimal Steps, Parking, Utility Room On Main, Walkin Shower, Accessibility, Handicap Access
Features
- Stories: 1
- Entry location: Ground Floor
- Patio & porch: Patio
- Exterior features: Gas Hookup
- Fencing: Fenced
Lot
- Features: Commons, Level, Sprinkler
Details
- Additional structures: GasHookup
- Parcel number: 05021805
Construction
Type & style
- Home type: Condo
- Architectural style: NW Contemporary
- Property subtype: Residential, Condominium
Materials
- Cedar, Stone
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2007
Utilities & green energy
- Gas: Gas Hookup, Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Condo Elevator
- Security: Intercom Entry, Security System
- Subdivision: First Addition, 1st Addition
HOA
- Has HOA: Yes
- Amenities included: Commons, Exterior Maintenance, Gas, Gated, Management, Sewer, Trash, Water
- HOA fee: $634 monthly
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $902/sqft
- Annual tax amount: $7,290
- Date on market: 3/12/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Price change | $924,900-5.1%$902/sqft |
Source:  RMLS (OR) #515294060 Report a problem | ||
| 3/12/2026 | Listed for sale | $974,900$951/sqft |
Source: RMLS (OR) #515294060 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: First Addition-Forest Hills
Nearby schools
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.
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