$2899000

Price cut: $100K (03-15-2026)

5 Bed
5 Bath
3354 SqFt
206 DOM
Built: 1994
Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

Discover a rare opportunity to own a waterfront residence on Oswego Lake, perfectly positioned along the calm waters of Blue Heron Bay. Just steps to the lake, this home blends timeless design with thoughtful modern updates, creating a retreat that balances comfort, elegance, and functionality. Expansive windows frame stunning water views, while open interiors provide a seamless flow for entertaining, working from home, or quiet reflection. The main floor welcomes you with a soaring two-story entry, flowing into the sitting and dining areas and a family room anchored by a brand-new fireplace. Towering windows showcase constant views of the lake, while deck access encourages easy indoor-outdoor living. A flexible office with a newly installed Murphy bed adds convenience for guests, while the adjacent ADU offers exterior access, a kitchenette, full bath, built-ins, and a lofted queen bed—ideal for guests, extended family, or a caretaker’s suite. The gourmet kitchen is a true centerpiece, featuring granite counters, built-in appliances including double ovens, microwave, and ice-maker, plus a remodeled pantry with new cabinetry and a wet bar perfect for entertaining. Upstairs, dual master suites each enjoy private balconies, spa-inspired baths with soaking tubs, walk-in showers, heated floors, and generous closets. An additional en suite bedroom adds even more flexibility and privacy. Outdoor living is equally impressive, with a low-maintenance composite deck, waterfront patio, and private boathouse with a lift for a 21-foot boat. A swim-up dock, firepit with dedicated gas line, and phantom screens on exterior doors ensure the lake can be enjoyed in every season. Set within the prestigious Lake Oswego community, this home offers not just a residence but a lifestyle defined by elegance, recreation, and the unmatched beauty of lakeside living.

Listing Provided Courtesy of Mark Ross, Ross NW Real Estate LLC

General Information

MLS #169972960
TypeSingleFamilyResidence
Days on Market 206 DOM
Beds5
Lot Size
Baths5
SqFt3354
Year built1994
Zoning
CountyClackamas
Tax ID00319159
ElemWestridge 10/10
MiddleLakeridge 9/10
HighLakeridge 9/10
PropCategoryResidential
PropTypeSingleFamilyResidence
Neighborhood (Legal)1992-8 PARTITION PLAT PARCEL 2

Listing Provided Courtesy of Mark Ross, Ross NW Real Estate LLC

Krishna Realty data last checked: Apr 27, 2026 00:37 | Listing last modified Apr 20, 2026 10:43, Source:

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Residence Information

Upper SqFt1350
Main SqFt2004
Lower SqFt0
Total SqFt3354
SFSrcAppraisal
TotUp/Mn3354
Fireplaces2/Gas
Bdrms5
Full Bath5
Partial Bath0
Total Bath5
RoofComposition
Garage2, Attached, Oversized
StyleContemporary,CustomStyle
ParkingDriveway
Levels2
Year Built1994
Green CertNo
Energy Eff
ExteriorCementSiding
Bsmt/FndCrawlSpace
RV
URM
BasementCrawlSpace
Foundation
WindowsDoublePaneWindows,Vi
Amenities

Features and Utilities

LivingHardwoodFloors
KitchenApplianceGarage, BuiltinRefrigerator, ConvectionOven, CookIsland, Cooktop, Dishwasher, Disposal, DoubleOven
InteriorGarageDoorOpener, HardwoodFloors, HeatedTileFloor, HighCeilings, MurphyBed, SeparateLivingQuartersApartme
ExteriorDeck, Dock, Fenced, GasHookup, Sprinkler, WaterFeature, Yard
Accessibility
CoolCentralAir, MiniSplit
WaterGas, Tankless
HeatForcedAir, MiniSplit
SewerPublicSewer
Hot WaterGas, Tankless
FuelGas

Financial

PTax/Yr24312.81
HOA1
HOA Incl
HOA Fee2490 / Annually
Other Dues7500 / OneTime
Terms ConsideredCash,Conventional,FHA,VALoan
List Date09-26-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 206
CDOM 213
Sold Date
TermsCash,Conventional,FHA,VALoan
Original Price$2,999,000
List Price$2,899,000
Sold Price
Last ModifiedApr 20, 2026 10:43

Schools

public Elementary : Westridge 10/10 Ratings

public Middle : Lakeridge 9/10 Ratings

public High : Lakeridge 9/10 Ratings

Map

Listing courtesy of Ross NW Real Estate LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Apr 27, 2026 00:37 | Listing last modified Apr 20, 2026 10:43. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

17210 CEDAR RD