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  • $4,055,000

    616 Cabana Ln, Lake Oswego, OR 97034

    5beds
    3,838sqft
    Residential, Single Family Residence
    Built in 2002
    8,276 Square Feet Lot
    $4,054,900 Zestimate®
    $1,057/sqft
    $5,457 Estimated rent

    Home value

    $4,054,900

    $3.85M - $4.26M

    $5,457/mo

    Zestimate® history
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    What's special

    Wine cellarMain-level guest suiteRare no-stair water accessCovered outdoor entertaining spacesWalk-in closetCharming upper-level laundry chuteBeautifully renovated residence
    From the moment you arrive, you’ll be captivated by the rare blend of storybook charm, effortless luxury, and waterfront living that defines this exceptional Cabana retreat on Oswego Lake’s coveted Lakewood Bay. Located in the heart of downtown Lake Oswego, this beautifully renovated residence offers the rare opportunity to enjoy serene lakefront living with unmatched walkability to restaurants, coffee shops, boutiques, and everyday amenities. Fully renovated in 2019, the home was thoughtfully designed for seamless indoor/outdoor living and effortless entertaining. Begin your mornings paddleboarding into town for coffee, spend sunny afternoons on your private Southern facing dock, and end the evening boating to dinner or hosting sunset gatherings along the bay.The gourmet kitchen opens beautifully to the great room overlooking the water, while covered outdoor entertaining spaces create an inviting extension of the home year-round. The main residence offers a main-level guest suite adjacent to a remodeled full bath. Upstairs, the primary suite features vaulted ceilings, skylights, a walk-in closet, and French doors opening to a private deck overlooking the bay. Two additional bedrooms plus a spacious den or optional fifth bedroom provide flexibility for a home office, gym, or media room. Elevator access to all floors and a charming upper-level laundry chute add convenience and character. Outdoor spaces feel equally magical, with a private courtyard featuring lush gardens, elegant fountain, gas fireplace, two patios, and a fully fenced low-maintenance turf yard. The detached guest cottage offers a luxurious retreat with a bright bedroom, lower-level living area, wine cellar, and private patio with gas fireplace. Four garage spaces, a private boathouse with lift, rare no-stair water access, true walkability, and turn-key condition make this a true unicorn! This is more than a home—It is one of Lake Oswego’s most coveted waterfront lifestyles.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren Hasson 503-348-0536,

    Cascade Hasson Sotheby's International Realty

    Bought with:

    Kevin Hall, 201207799

    Cascade Hasson Sotheby's International Realty

    Source: RMLS (OR),MLS#: 364086832MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 1
    Rooms
    • Room types: Den, Bedroom 4, Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Deck, French Doors, Skylight, Jetted Tub, Marble, Suite, Vaulted Ceiling, Walkin Closet, Walkin Shower
    • Level: Upper
    • Area: 408
    • Dimensions: 24 x 17
    Bedroom 2
    • Features: Builtin Features, Closet Organizer
    • Level: Upper
    • Area: 154
    • Dimensions: 11 x 14
    Bedroom 3
    • Features: Closet Organizer, Deck, Vaulted Ceiling
    • Level: Upper
    • Area: 198
    • Dimensions: 11 x 18
    Bedroom 4
    • Features: Builtin Features, Hardwood Floors, Double Closet
    • Level: Main
    • Area: 187
    • Dimensions: 11 x 17
    Dining room
    • Features: Deck, Formal, French Doors, Hardwood Floors, Living Room Dining Room Combo, Skylight
    • Level: Main
    • Area: 560
    • Dimensions: 28 x 20
    Family room
    • Features: Bookcases, Builtin Features, Hardwood Floors
    • Level: Main
    • Area: 192
    • Dimensions: 16 x 12
    Kitchen
    • Features: Gourmet Kitchen, Hardwood Floors, Island, Pantry, Butlers Pantry
    • Level: Main
    • Area: 480
    • Width: 16
    Living room
    • Features: Deck, Fireplace, French Doors, Great Room, Hardwood Floors
    • Level: Main
    • Area: 560
    • Dimensions: 28 x 20
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Appliance Garage, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Free-Standing Gas Range, Gas Appliances, Instant Hot Water, Microwave, Range Hood, Wine Cooler, Washer/Dryer, Free-Standing Refrigerator, Gas Water Heater
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Central Vacuum, Elevator, Granite, Marble, Quartz, Sound System, Vaulted Ceiling(s), Bookcases, Built-in Features, Closet, Double Closet, Sink, Closet Organizer, Formal, Living Room Dining Room Combo, Gourmet Kitchen, Kitchen Island, Pantry, Butlers Pantry, Great Room, Suite, Walk-In Closet(s), Walkin Shower, Pot Filler
    • Flooring: Hardwood, Heated Tile, Tile
    • Doors: French Doors
    • Windows: Skylight(s)
    • Basement: None
    • Number of fireplaces: 3
    • Fireplace features: Gas, Outside
    Interior area
    • Total structure area: 3,838
    • Total interior livable area: 3,838 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: On Street, RV Access/Parking, RV Boat Storage, Attached, Detached, Tandem
    • Attached garage spaces: 4
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed, Caregiver Quarters, Main Floor Bedroom Bath, Parking, Utility Room On Main, Accessibility
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered Deck, Patio, Deck
    • Exterior features: Dock, Fire Pit, Gas Hookup, Water Feature, Yard
    • Has spa: Yes
    • Spa features: Bath
    • Fencing: Fenced
    • Has view: Yes
    • View description: Lake, Trees/Woods
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake
    Lot
    • Size: 8,276 Square Feet
    • Features: Private, Sprinkler, SqFt 7000 to 9999
    Details
    • Additional structures: BoatHouse, Dock, GasHookup, RVBoatStorage, SecondGarage, SeparateLivingQuartersApartmentAuxLivingUnit
    • Parcel number: 00254959

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick, Cement Siding
    • Foundation: Other
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Gas: Gas Hookup, Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Entry, Intercom Entry, Security Gate, Security Lights, Fire Sprinkler System
    • Subdivision: Lakewood Bay
    HOA
    • Has HOA: Yes
    • Amenities included: Boat Slip, Lake Easement
    • HOA fee: $1,500 annually
    • Second HOA fee: $2,600 annually
    Location
    • Region: Lake Oswego

    Financial & listing details

    • Price per square foot: $1,057/sqft
    • Tax assessed value: $3,566,187
    • Annual tax amount: $31,535
    • Date on market: 5/21/2026
    • Cumulative days on market: 16 days
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/26/2026Sold$4,055,000-5.7%$1,057/sqft
    Source: RMLS (OR) #364086832 Report a problem
    6/6/2026Pending sale$4,300,000$1,120/sqft
    Source: RMLS (OR) #364086832 Report a problem
    5/21/2026Listed for sale$4,300,000+65.4%$1,120/sqft
    Source: RMLS (OR) #364086832 Report a problem
    11/15/2024Listing removed$9,600$3/sqft
    Source: Zillow Rentals Report a problem
    11/9/2024Listed for rent$9,600$3/sqft
    Source: Zillow Rentals Report a problem
    7/11/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/20/2023Listed for rent$9,600$3/sqft
    Source: Zillow Rentals Report a problem
    10/4/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    9/27/2021Listed for rent$9,600$3/sqft
    Source: Zillow Rental Manager Report a problem
    1/14/2019Sold$2,600,000-7.1%$677/sqft
    Source: RMLS (OR) #18208860 Report a problem
    12/10/2018Pending sale$2,798,000$729/sqft
    Source: Harnish Properties #18208860 Report a problem
    10/31/2018Listed for sale$2,798,000$729/sqft
    Source: Harnish Properties #18208860 Report a problem
    10/31/2018Pending sale$2,798,000$729/sqft
    Source: Harnish Properties #18208860 Report a problem
    10/24/2018Price change$2,798,000-6.7%$729/sqft
    Source: Harnish Properties #18208860 Report a problem
    8/16/2018Price change$2,998,000-6.3%$781/sqft
    Source: Harnish Properties #18675427 Report a problem
    4/24/2018Listed for sale$3,198,000+25.4%$833/sqft
    Source: Harnish Properties #18675427 Report a problem
    10/3/2014Sold$2,550,000-11.9%$664/sqft
    Source: RMLS (OR) #14609605 Report a problem
    4/14/2014Listed for sale$2,895,000+3.6%$754/sqft
    Source: Harnish Properties Report a problem
    8/9/2013Listing removed$2,795,000$728/sqft
    Source: Harnish Properties #13432989 Report a problem
    7/19/2013Listed for sale$2,795,000+30%$728/sqft
    Source: Harnish Properties #13432989 Report a problem
    4/30/2010Sold$2,150,000-4.4%$560/sqft
    Source: Agent Provided Report a problem
    8/23/2009Price change$2,250,000-13.3%$586/sqft
    Source: Realty Trust Group, Inc. #9026665 Report a problem
    7/17/2009Price change$2,595,000-7.2%$676/sqft
    Source: Realty Trust Group, Inc. #9026665 Report a problem
    4/9/2009Listed for sale$2,795,000+687.3%$728/sqft
    Source: Realty Trust Group, Inc. #9026665 Report a problem
    5/17/2002Sold$355,000$92/sqft
    Source: Public Record Report a problem
    7/10/2001Sold$355,000$92/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,536 +2.7%$1,645,745 +3%
    2024$30,695 +3%$1,597,811 +3%
    2023$29,794 +3.1%$1,551,273 +3%
    2022$28,909 +8.3%$1,506,091 +3%
    2021$26,698 +2.6%$1,462,225 +3%
    2020$26,028 +8.5%$1,419,636 +9%
    2019$23,981 +5.2%$1,301,927 +3%
    2018$22,804 $1,264,007 +3%
    2017$22,804 +13.9%$1,227,191 +3%
    2016$20,029 $1,191,448 +3%
    2015$20,029 +3.5%$1,156,746 +3%
    2014$19,351 +3.2%$1,123,054 +3%
    2013$18,754 +2.9%$1,090,344 +3%
    2012$18,225 +3.5%$1,058,586 +3%
    2011$17,601 +4.8%$1,027,753 +6.1%
    2010$16,794 +1%$968,430 +3%
    2009$16,620 +6.7%$940,223 +3%
    2008$15,576 +4.6%$912,838 +3%
    2007$14,888 +21.8%$886,250 +20.2%
    2006$12,226 +0.3%$737,192 +3%
    2005$12,190 +4.1%$715,720 +3%
    2004$11,715 +26.6%$694,874 +24.4%
    2003$9,252 +90.2%$558,697 +87.7%
    2002$4,863 +1.9%$297,669 +3%
    2001$4,773 +10.5%$288,999 +3%
    2000$4,320 $280,582
    Find assessor info on the county website

    Neighborhood: Evergreen

    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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    Estimated market value
    $4,054,900
    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
    $4,054,900