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    • Price cut: $50K (8/21)
    $729,900

    801 3rd St, Lake Oswego, OR 97034

    3beds
    1,589sqft
    : 
    $5,067/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 2026
    -- sqft lot
    $-- Zestimate®
    $459/sqft
    $-- HOA

    What's special

    Modern contemporary designExceptional finish work
    *** This is the model home *** If you've been waiting for these to hit rock bottom. Well, here it is. Now $200K below original list. THERE WILL NOT BE ANOTHER PRICE REDUCTION! 2 out of 8 are now pending (see price list for pricing and availability). Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! For investment purposes.... ACTUAL RENT ON ANOTHER HOME IN THE PROJECT IS $5,000/MO.
    38 days
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    564
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    23
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    Zillow last checked:

    Listing updated:

    Listed by:

    Aleksander Koval 503-548-8008,

    The Koval Group

    Source: RMLS (OR),MLS#: 117977271MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • Partial bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Features: Suite
      • Level: Upper
      • Area: 255
      • Dimensions: 17 x 15
      Bedroom 2
      • Level: Lower
      • Area: 182
      • Dimensions: 13 x 14
      Bedroom 3
      • Level: Lower
      • Area: 120
      • Dimensions: 12 x 10
      Dining room
      • Level: Main
      Kitchen
      • Features: Quartz
      • Level: Main
      Living room
      • Features: Family Room Kitchen Combo
      • Level: Main
      Heating
      • Mini Split
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Dishwasher, Disposal, Free-Standing Range, Stainless Steel Appliance(s), Electric Water Heater
      Features
      • Quartz, Family Room Kitchen Combo, Suite
      • Flooring: Hardwood, Tile
      • Windows: Double Pane Windows
      • Basement: Full
      Interior area
      • Total structure area: 1,589
      • Total interior livable area: 1,589 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Patio & porch: Patio, Porch
      • Fencing: Fenced
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Features: Level, SqFt 0K to 2999
      Details
      • Parcel number: New Construction

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Residential, Single Family Residence
      Materials
      • Board & Batten Siding, Cement Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026
      Details
      • Warranty included: Yes

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Subdivision: First Addition
      HOA
      • Has HOA: No
      Location
      • Region: Lake Oswego

      Financial & listing details

      • Price per square foot: $459/sqft
      • Date on market: 7/14/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/21/2026Price change$729,900-6.4%$459/sqft
        Source: RMLS (OR) #117977271 Report a problem
        8/11/2026Price change$779,900-2.5%$491/sqft
        Source: RMLS (OR) #117977271 Report a problem
        7/14/2026Listed for sale$799,900$503/sqft
        Source: RMLS (OR) #117977271 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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: First Addition-Forest Hills

        Getting around

        81 / 100
        Very Walkable
        35 / 100
        Some Transit
        69 / 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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