2972 TOLKIEN LN

LakeOswego, 97034

  • 4 Bed

  • 3.5 Bath

  • 3673 SqFt

  • 39 DOM

  • Built: 1981

  • Status: Pending

$1,015,000

Price cut: $35K (06-22-2025)

X

2972 TOLKIEN LN

LakeOswego 97034

Pending

$1015000

Price cut: $35K (06-22-2025)

  • 4 Bed

  • 3.5 Bath

  • 3673 SqFt

  • 39 DOM

  • Built: 1981

  • Status: Pending

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Krishna Regupathy

Principal Broker

(503) 893-8874

A Mountain Retreat in the City! Nestled in the sought-after Westridge neighborhood this four-bedroom three-and-a-half-bath on Tolkien Lane is one of the last homes on the street that offers the opportunity to update and build your equity. Full of vintage charm, this home is a blank canvas for buyers eager to bring their vision to life. Sitting on a prime corner lot with gorgeous ceilings w/ exposed beams this home provides an inviting open atmosphere. The primary suite boasts a walk-in closet, vaulted ceilings, updated bathroom with dual sinks, and multi-head large shower. The primary suite upstairs is complemented by two additional bedrooms and a full bathroom. The loft is currently set up as an office, offers a fantastic workspace with an open and connected feel to the rest of the home. On the main level there's additional space at the front of the home perfect for a additional bedroom, guest room, or a quiet home office. Kitchen has true oak hardwoods. Just off the kitchen, there's a warm and inviting family room providing the perfect space for gathering. Downstairs, a spacious bonus area offers endless possibilities for a theater room, hobby space, or recreation area. Don’t miss the cedar sauna downstairs, a relaxing retreat—ideal for unwinding! Step outside to enjoy the secluded fenced backyard featuring a durable composite deck with retractable awning and hot tub perfect for entertaining. Lastly this home is in close proximity to Lakeridge High School, Lakeridge Middle School, and Westridge Elementary, making it a convenient choice for those who value accessibility to top-rated schools. It’s also just minutes from Cook’s Butte Park, a scenic escape where you can explore trails and enjoy nature. Don't miss this rare chance to make this home your own, schedule your showing today.

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Residence Information

  • 1136

  • 1829

  • 708

  • 3673

  • QualityMea

  • 2965

  • 2/Gas

  • 4

  • 3

  • 1

  • 3.5

  • Tile

  • 2, Attached

  • Traditional

  • Driveway,OnStreet

  • 3

  • 1981

  • No

  • WoodSiding

  • FullBasement

  • FullBasement

  • ConcretePerimeter,Sl

  • VinylFrames

Features and Utilities

  • Fireplace, LivingRoomDiningRoomCombo

  • BuiltinOven, Cooktop, Dishwasher, Disposal, FreeStandingRefrigerator, Island

  • CentralVacuum, GarageDoorOpener, Granite, HardwoodFloors, HighCeilings, Skylight, VaultedCeiling, WasherDry

  • Deck, Fenced, FreeStandingHotTub, ToolShed

  • CentralAir

  • ForcedAir

  • PublicSewer

  • Electricity, Gas

Financial

  • 11663.8

  • 0

  • Cash,Conventional,FHA,VALoan

  • 05-14-2025

  • No

  • No

Comparable Information

  • 06-22-2025

  • 39

  • 39

  • Cash,Conventional,FHA,VALoan

  • $1,050,000

  • $1,015,000

  • Jun 22, 2025 17:31

Schools

public Elementary : Westridge 10/10 Ratings
public Middle : Lakeridge 9/10 Ratings
public High : Lakeridge 9/10 Ratings

Map

History

Date Event & Source Price
06-22-2025

Active (Price Changed)

Price cut: $35K

MLS # 494685330

$1,015,000
06-22-2025

Pending (Price Changed)

Price cut: $35K

MLS # 494685330

$1,015,000
05-14-2025

Active(Listed)

MLS # 494685330

$1,050,000

Listing courtesy of Heins 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: Aug 13, 2025 07:57 | Listing last modified Jun 22, 2025 17:31. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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