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ActiveErrorPrice cut: $50K (7/8)
$1,450,000
5beds
3,780sqft

725 Carrera Ln, Lake Oswego, OR 97034

5beds
3,780sqft
Residential, single family residence
Built in 1981
0.67 Acres
2 Garage spaces
$384 price/sqft

What's special

Cozy fireplaceBonus room and loftFire pit areaPlay structureVaulted wet barFloating staircaseLayout built for entertaining

WIth just short of 3800 sqft feet and over 1/2 set among the trees, this is an exceptional opportunity to purchase within the coveted Forest Highlands neighborhood! This 5 bedrooms, plus bonus room and loft is so private, sitting on a culdesac capped street and yard lined with trees. This home ...

152 days
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1,170
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45
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Source: RMLS (OR),MLS#: 705935910MLS Logo
Travel times

Living Room

Family Room

Kitchen

Dining Room

Primary Bedroom

Primary Bathroom

Flex Space

Loft

Zillow last checked:

Listing updated:

Listed by:

Sean Shepard 503-679-6618,

Opt

Source: RMLS (OR),MLS#: 705935910MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2
Rooms
  • Room types: Bonus Room, Bedroom 4, Den, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
  • Features: Ceiling Fan, Double Sinks, Jetted Tub, Suite, Vaulted Ceiling, Walkin Closet, Walkin Shower
  • Level: Main
  • Area: 240
  • Dimensions: 16 x 15
Bedroom 2
  • Features: Builtin Features
  • Level: Lower
  • Area: 165
  • Dimensions: 15 x 11
Bedroom 3
  • Features: Builtin Features
  • Level: Lower
  • Area: 121
  • Dimensions: 11 x 11
Bedroom 4
  • Features: Builtin Features
  • Level: Lower
  • Area: 180
  • Dimensions: 15 x 12
Dining room
  • Features: Deck, Formal, Sliding Doors, Vaulted Ceiling, Wood Floors
  • Level: Main
  • Area: 156
  • Dimensions: 13 x 12
Family room
  • Features: Fireplace, Wallto Wall Carpet, Wet Bar
  • Level: Lower
  • Area: 306
  • Dimensions: 18 x 17
Kitchen
  • Features: Builtin Range, Dishwasher, Island, Nook, Builtin Oven, Double Oven, Free Standing Refrigerator, Granite
  • Level: Main
  • Area: 165
  • Width: 11
Living room
  • Features: Fireplace, Vaulted Ceiling, Wood Floors
  • Level: Main
  • Area: 380
  • Dimensions: 20 x 19
Heating
  • Forced Air, Fireplace(s)
Cooling
  • Central Air
Appliances
  • Included: Built In Oven, Built-In Range, Cooktop, Dishwasher, Disposal, Down Draft, Instant Hot Water, Microwave, Plumbed For Ice Maker, Double Oven, Free-Standing Refrigerator, Gas Water Heater
  • Laundry: Laundry Room
Features
  • Floor 3rd, High Ceilings, Vaulted Ceiling(s), Built-in Features, Formal, Wet Bar, Kitchen Island, Nook, Granite, Ceiling Fan(s), Double Vanity, Suite, Walk-In Closet(s), Walkin Shower, Cook Island, Tile
  • Flooring: Engineered Hardwood, Tile, Wall to Wall Carpet, Wood
  • Doors: Sliding Doors
  • Windows: Vinyl Frames
  • Basement: Full
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning
Interior area
  • Total structure area: 3,780
  • Total interior livable area: 3,780 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 2
  • Parking features: Driveway, On Street, Garage Door Opener, Oversized
  • Garage spaces: 2
  • Has uncovered spaces: Yes
Accessibility
  • Accessibility features: Garage On Main, Main Floor Bedroom Bath, Walkin Shower, Accessibility
Features
  • Stories: 3
  • Patio & porch: Deck, Patio, Porch
  • Exterior features: Fire Pit, Garden, Yard
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Cross Fenced,Fenced
Lot
  • Size: 0.67 Acres
  • Features: Greenbelt, Private, Trees, Sprinkler, SqFt 20000 to Acres1
Details
  • Additional structures: Outbuilding, ToolShed
  • Parcel number: 00200473
  • Other equipment: Air Cleaner

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: NW Contemporary
  • Property subtype: Residential, Single Family Residence
Materials
  • Cedar
  • Foundation: Slab
  • Roof: Composition
Condition
  • Updated/Remodeled
  • New construction: No
  • Year built: 1981

Utilities & green energy

  • Gas: Gas
  • Sewer: Public Sewer
  • Water: Public

Community & HOA

HOA
  • Has HOA: No
Location
  • Region: Lake Oswego

Financial & listing details

  • Price per square foot: $384/sqft
  • Tax assessed value: $2,071,586
  • Annual tax amount: $17,090
  • Date on market: 2/26/2026
  • Listing terms: Cash,Conventional

Price history

DateEventPrice
7/8/2026Price change$1,450,000-3.3%$384/sqft
Source: RMLS (OR) #705935910 Report a problem
6/6/2026Price change$1,500,000-6.2%$397/sqft
Source: RMLS (OR) #705935910 Report a problem
3/26/2026Price change$1,599,900-3%$423/sqft
Source: RMLS (OR) #705935910 Report a problem
2/27/2026Listed for sale$1,650,000+179.7%$437/sqft
Source: RMLS (OR) #705935910 Report a problem
6/18/2004Sold$590,000+22.9%$156/sqft
Source: Public Record Report a problem
8/2/2001Sold$480,000+10112.8%$127/sqft
Source: Public Record Report a problem
9/10/1998Sold$4,700$1/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$17,091 +2.7%$891,898 +3%
2024$16,635 +3%$865,921 +3%
2023$16,146 +3.1%$840,700 +3%
2022$15,667 +8.3%$816,214 +3%
2021$14,469 +2.6%$792,441 +3%
2020$14,106 +2.5%$769,361 +3%
2019$13,759 +5.2%$746,953 +3%
2018$13,083 $725,197 +3%
2017$13,083 +13.9%$704,075 +3%
2016$11,491 $683,568 +3%
2015$11,491 +3.5%$663,658 +3%
2014$11,102 +3.2%$644,328 +3%
2013$10,760 +2.9%$625,561 +3%
2012$10,456 +3.5%$607,341 +3%
2011$10,098 +1.7%$589,651 +3%
2010$9,927 +1%$572,477 +3%
2009$9,825 +6.7%$555,803 +3%
2008$9,208 +4.6%$539,615 +3%
2007$8,801 +4.3%$523,898 +3%
2006$8,436 +0.3%$508,639 +3%
2005$8,411 +4.1%$493,824 +3%
2004$8,083 +4.9%$479,441 +3%
2003$7,708 +4.4%$465,477 +3%
2002$7,383 +1.9%$451,919 +3%
2001$7,246 +10%$438,756 +3%
2000$6,587 $425,977

Find assessor info on the county website

Monthly payment

Est. payment
$8,481/mo
Principal & interest
$7478
Property taxes
$1003
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Forest Highlands

Nearby schools

Forest Hills Elementary School
Grades K-5 • 0.4 miles
9/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
9/10
Lake Oswego Junior High School
Grades 6-8 • 1 miles
8/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
5/10
Lake Oswego Senior High School
Grades 9-12 • 0.9 miles
10/10
GreatSchools® Rating
Test Score Rating
10/10
College Readiness Rating
10/10

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