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    • Price cut: $50K (6/5)
    $924,900

    535 2nd St #207, Lake Oswego, OR 97034

    2beds
    1,025sqft
    : 
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    Residential, Condominium
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $902/sqft
    $634/mo HOA

    What's special

    Perfectly situated just a few blocks from the shores of Oswego Lake in the highly sought-after First Addition neighborhood, this pristine downtown Lake Oswego condominium offers the rare combination of luxury, simplicity, and true walkable lifestyle. Known for its vibrant sense of community, charming streets and rich culture including local theatre, arts, and year-round events, First Addition is one of Lake Oswego’s most beloved places to live. Lovingly maintained by its original owner and used only a few months out of the year to escape Southern summers, the home remains in remarkably like-new condition and has been virtually untouched since 2020. Inside, the thoughtfully designed 2 bedroom, 2 bath layout offers approximately 1,025 square feet of light-filled living space with an open flow ideal for both everyday comfort and effortless entertaining. The home is perfectly sized for an executive lifestyle, a lock-and-leave retreat, or anyone seeking the ease of low-maintenance living in one of Lake Oswego’s most desirable locations. Step outside and enjoy one of the most vibrant downtown districts in the region. From morning coffee to evening wine, some of downtown’s favorite destinations are just a short stroll away, including Baird’s on B, Salt & Straw, Bamboo Sushi, Holy Taco, Five Spice, and Domaine Serene’s tasting room. Residents enjoy the security and convenience of gated access, assigned parking space and additional storage. With Oswego Lake, parks, boutique shopping, restaurants, farmers markets, and cultural amenities just blocks away, this home offers the perfect blend of peaceful living and vibrant downtown energy. A rare opportunity to enjoy Lake Oswego living in a beautifully preserved home that truly feels like new.
    130 days
    |
    332
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Veronica Park 503-250-0667,

    Keller Williams Realty Portland Premiere

    Source: RMLS (OR),MLS#: 515294060MLS Logo

      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

        DateEventPrice
        6/5/2026Price change$924,900-5.1%$902/sqft
        Source: RMLS (OR) #515294060 Report a problem
        3/12/2026Listed 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.
        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

        Getting around

        90 / 100
        Walker's Paradise
        35 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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