$1580000

4 Bed
3 Bath
3022 SqFt
35 DOM
Built: 1978
Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

Must-see Lake Grove retreat on nearly a half acre. Tucked away in a fully fenced, park-like setting in the heart of Lake Oswego, this rare gem offers unmatched flexibility and charm. Featuring $250K+ in recent upgrades (see list), soaring ceilings, and a unique floor plan with a structurally attached guest suite/ADU—this property checks every box. The main home features 3 bedrooms, 2 full bathrooms, beautiful hardwoods, and a spacious primary suite with vaulted, beamed ceilings and large walk-in closet. The attached 1-bedroom ADU includes a private entrance, full bath, kitchenette, laundry, and large living area—perfect for guests, extended family, or income. Proven Income GeneratorBoth the main home and ADU have been operated as separate, highly rated Airbnb listings with strong rental history. The ADU alone has generated $25K–$40K annually. The main house has the potential to earn 2.5–3x that amount, based on prior usage. Listings and existing property management can transfer to the new owner for a truly turn-key, dual-income opportunity. Enjoy seamless indoor-outdoor living with a Hot Tub of Oregon spa, covered dining patio, serene pond with water feature, exterior sound system, firepit, and mature trees illuminated at night. Additional highlights include: 3-car garage, new roof with warranty, recent exterior paint, and access to three exclusive lake/boat easements—including the newly renovated Goodin easement. Whether you’re looking for a private sanctuary, an entertainer’s dream, or flexible income-generating potential, this one-of-a-kind home delivers. Seller open to creative financing.

Listing Provided Courtesy of Anne Smith, Eleete Real Estate

General Information

MLS #687582050
TypeSingleFamilyResidence
Days on Market 35 DOM
Beds4
Lot Size 0.45 acres
Baths3
SqFt3022
Year built1978
Zoning
CountyClackamas
Tax ID00245470
ElemLake Grove 7/10
MiddleLake Oswego
HighLake Oswego
PropCategoryResidential
PropTypeSingleFamilyResidence
Neighborhood (Legal)SUBDIVISION LAKE VIEW VILLAS PT LTS 49 & 50 339

Listing Provided Courtesy of Anne Smith, Eleete Real Estate

Krishna Realty data last checked: Jul 23, 2025 17:56 | Listing last modified Jul 16, 2025 14:12, Source:

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Residence Information

Upper SqFt1464
Main SqFt1558
Lower SqFt0
Total SqFt3022
SFSrcFloor Plan
TotUp/Mn3022
Fireplaces1/Gas
Bdrms4
Full Bath3
Partial Bath0
Total Bath3
RoofComposition
Garage3, Attached
StyleStories2,NWContemporary
Parking
Levels2
Year Built1978
Green CertNo
Energy Eff
ExteriorCementSiding, WoodSiding
Bsmt/FndCrawlSpace
RVRVBoatStorage
URM
BasementCrawlSpace
Foundation
Windows
Amenities

Features and Utilities

LivingFireplace, GreatRoom, SlidingDoors
Kitchen
InteriorAccessoryDwellingUnit, GarageDoorOpener, Granite, HardwoodFloors, JettedTub, Laundry, SeparateLivingQuarte
ExteriorAccessoryDwellingUnit, CoveredDeck, Deck, DogRun, FirePit, FreeStandingHotTub, GuestQuarters, Porch, RVParki
Accessibility
CoolCentralAir, MiniSplit
WaterGas
HeatForcedAir90
SewerPublicSewer
Hot WaterGas
FuelGas

Financial

PTax/Yr10076.53
HOA0
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCallListingAgent,Cash,Conventional,Other,OwnerWillCarry
List Date06-11-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 35
CDOM 42
Sold Date
TermsCallListingAgent,Cash,Conventional,Other,OwnerWillCarry
Original Price$1,580,000
List Price$1,580,000
Sold Price
Last ModifiedJul 16, 2025 14:12

Schools

public Elementary : Lake Grove 7/10 Ratings

private Middle : Lake Oswego N/A Ratings

private High : Lake Oswego N/A Ratings

Map

Listing courtesy of Eleete Real Estate.

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: Jul 23, 2025 17:56 | Listing last modified Jul 16, 2025 14:12. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

3435 LAKE GROVE AVE

$1,580,000