Lake Oswego OR Real Estate & Homes for Sale

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Beds:
4
Baths:
3.00
Sq.Ft.:
3,346
Status:
Active
MLS#:
834944
Type:
Single Family
Lot size:
0.16 Acres
Year built:
2008
Courtesy: EPIQUE REALTY 503-819-9191
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ADDITIONAL INFORMATION

Accepted Offer with Contingencies. Designed by a Street of Dreams builder and architect, this Lake Oswego retreat blends artistry, comfort, and thoughtful design. Expansive windows and soaring ceilings fill the home with natural light, connecting elegant interior spaces with a covered outdoor oasis surrounded by lush gardens. The gourmet kitchen, timeless finishes, and access to the neighborhoodâ??s private one-acre park make this a true dream home for those who value craftsmanship and serenity. Owner is a licensed Oregon broker. Welcome to 5513 Rachel Lane, a one-of-a-kind Lake Oswego retreat designed by a Street of Dreams builder and architect, where craftsmanship, comfort, and connection come together effortlessly. Perfectly positioned within the sought-after Pilkington Glen neighborhood, this home surrounds a peaceful one-acre private park shared only by the nearby residents, creating a sense of community, privacy, and calm that defines the best of Lake Oswego living.Step inside and experience natural light at every turn, with soaring ceilings, expansive windows, and a layout designed for both beauty and function. The open concept main level invites gathering and relaxation with a warm great room featuring a gas fireplace, built-ins, and hardwood floors. The gourmet kitchen anchors the space with granite counters, built-in oven and microwave, gas cooktop with pot filler, and a large island perfect for entertaining.A beautiful main level office with near floor-to-ceiling windows provides the perfect workspace or reading nook. Upstairs, the primary suite offers vaulted ceilings, skylights, and a spa-inspired bath with jetted tub, dual vanities, and two generous walk-in closets. Three additional bedrooms and a large bonus room add flexibility for guests, hobbies, or media.The covered outdoor living area overlooks the lush backyard, ideal for relaxing or dining al fresco, while the front yard water feature and mature landscaping set the tone for the homeâ??s timeless appeal. Recent updates include a new HVAC system (2024), large gutters and downspouts with drain guards (2023), and a new water heater (2022).As a longtime Oregon real estate professional, Iâ??m honored to represent this exceptional property and the lifestyle it offers where thoughtful design meets enduring quality. Schedule your private showing today to see why homes like this rarely come to market. Owner is a licensed Oregon broker.Listed by Donna Jo Merrifield, Epique Realty â?¢ 541-981-1436

Open House:

Friday, 12/19 2:00-4:00PM

More Open House Info >

Beds:
4
Baths:
2.00
Sq.Ft.:
1,969
Status:
Active
MLS#:
834911
Type:
Single Family
Subdivision:
Oak Creek
Lot size:
0.16 Acres
Year built:
1991
Courtesy: EPIQUE REALTY 503-819-9191
View additional info

ADDITIONAL INFORMATION

Sought-after single-level living in Lake Oswego! Freshly painted exterior, 3-car garage & a peaceful setting surrounded by trees. Inside, beautiful cherry wood floors feature a premium light-adaptive finish that subtly responds to light, then returns to their rich natural tone, preserving color & lasting beauty. Enjoy nearby parks, scenic walking trails or relax on the large covered deck with privacy & quiet all around. Conveniently close to I-5, shopping/dining. Homes like this are few & far between! Experience the best of Lake Oswego living in this rare single-level retreat that combines comfort, function, and timeless style. Nestled on a peaceful street surrounded by mature trees, this home offers privacy, convenience, and an easy lifestyle that is increasingly hard to find.Step inside to discover a welcoming floor plan with wonderful natural light and beautiful cherry wood floors featuring a premium light-adaptive finish that responds to sunlight and interior lighting, preserving their warm tone and rich color for years to come. The inviting living and dining areas flow effortlessly into the kitchen and family room, extending to a spacious covered deck ideal for morning coffee, sunset gatherings, or year-round entertaining.Located close to everything that makes Lake Oswego special, youâ??ll enjoy easy access to I-5, Kruse Way, restaurants, shopping, parks, and walking trails that connect to other wonderful neighborhoods and beyond. The freshly painted exterior, peaceful low-maintenance yard, and 3-car garage make this home as practical as it is beautiful.Whether youâ??re seeking single-level living, simplifying, or ready for a home that balances comfort with lifestyle, this one offers something truly special. Homes like this donâ??t come along often, those that are quiet, comfortable, and filled with possibilities.Proudly presented by Donna Jo â??DJâ? Merrifield, Principal Broker and her husband/partner Eddie Merrifield, Broker, with Dream & Key RE Group at Epique Realty. Call or text DJ at (541) 981-1436 for more information or a private showing.

Beds:
4
Baths:
2.00
Sq.Ft.:
1,828
Status:
Active
MLS#:
819684
Type:
Single Family
Lot size:
0.65 Acres
Year built:
1948
Courtesy: COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. 503-364-9596
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ADDITIONAL INFORMATION

Absolute serenity located in Lake Oswego. Potential lot line adjustment/partition can allow for additional building sites or keep as large, flat, usable property. Home feat. fresh int. paint & fully renovated full bath on main lvl. Lrg living room, AC, & natural light. Full electrical update incl. panel, detached garage, and additional shop. Large covered RV/Trailer parking. Valuable potential in the land. Lrg back deck/patio allow you to enjoy the privacy that this lot provides. Roof approx 2 years old.

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Andrea D. Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862


Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Listing data is copyright© 2025 Willamette Valley MLS.



Lake Oswego Real Estate

Lake Oswego is located in Oregon. Lake Oswego, Oregon has a population of 40,390. Lake Oswego is more family-centric than the surrounding county with 37.52% of the households containing married families with children. The county average for households married with children is 33.61%.

The median household income in Lake Oswego, Oregon is $120,585. The median household income for the surrounding county is $88,517 compared to the national median of $69,021. The median age of people living in Lake Oswego is 45.9 years.

Lake Oswego Weather

The average high temperature in July is 81.4 degrees, with an average low temperature in January of 36.6 degrees. The average rainfall is approximately 42 inches per year, with 1.5 inches of snow per year.

Lake Oswego Map

Lake Oswego Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    3
    30-day change

Lake Oswego Schools and Demographics

Education near Lake Oswego, OR

City County
High School Graduates 98.64 94.34
College Degree - 2 year 5.79 9.46
College Degree - 4 year 72.76 38.88
Graduate Degree 20.69 9.52
Expenditures per Student 18,730 18,730
Students per Teacher 19 19

Elementary Schools near Lake Oswego, OR

Grades Students P/T Ratio ZIP
Ardenwald Elementary School KG - 05 471 21.8 97222
Bilquist Elementary School KG - 05 454 21.5 97267
Candy Lane Elementary School 02 - 05 309 24.1 97267
Capitol Hill Elementary School KG - 05 468 23.4 97219
El Puente KG - 05 201 22.2 97222
Forest Hills Elementary School KG - 05 448 25.6 97034
Hallinan Elementary School KG - 05 455 22.8 97034
Jennings Lodge Elementary School KG - 02 238 15.2 97267
Lake Grove Elementary School KG - 05 465 22.7 97035
Lewelling Elementary School KG - 05 380 21.8 97222
Linwood Elementary School KG - 05 342 20.7 97222
Maplewood Elementary School KG - 05 329 21.7 97219
Markham Elementary School KG - 05 386 17.3 97219
Milwaukie Elementary School KG - 05 154 21.3 97222
Oak Creek Elementary School KG - 05 536 23.7 97035
Oak Grove Elementary School KG - 05 404 22 97222
Rieke Elementary School KG - 05 392 20.8 97219
River Grove Elementary School KG - 05 416 23 97035
Riverdale Grade School KG - 08 346 15 97219
Riverside Elementary School KG - 05 448 20.5 97267
Sojourner School KG - 05 171 23.1 97222
Stephenson Elementary School KG - 05 308 21.6 97219
View Acres Elementary School KG - 05 422 22.1 97267
Westridge Elementary School KG - 05 457 23.2 97034
Whitcomb Elementary School KG - 05 449 18.5 97222

Middle Schools near Lake Oswego, OR

Grades Students P/T Ratio ZIP
Alder Creek Middle School 06 - 08 999 22 97267
Concord Elementary School KG - 05 312 24.2 97267
Jackson Middle School 06 - 08 548 20.1 97219
Lake Oswego Middle School 06 - 08 889 29.7 97034
Lakeridge Middle School 06 - 08 775 32.8 97035
ROWE Middle School 06 - 08 897 21.7 97222

High Schools near Lake Oswego, OR

Grades Students P/T Ratio ZIP
Lake Oswego Senior High School 09 - 12 1,289 23.4 97034
Lakeridge High School 09 - 12 1,132 25.2 97034
Milwaukie Academy of the Arts 09 - 12 327 122.5 97222
Milwaukie High School 09 - 12 1,076 22.3 97222
New Urban High School 09 - 12 132 10.1 97267
Putnam High School 09 - 12 1,148 27.5 97267
Riverdale High School 09 - 12 242 14.8 97219
Wilson High School 09 - 12 1,255 20.1 97219

Demographics near Lake Oswego, OR

City County
Neighborhood Type Suburban
Population 40,390 418,577
Population Density 3,748 224
Median Age 45.9 41.6
People per Household 2.5 2.6
Median Household Income 120,585 88,517
Average Income per Capita 72,859 45,140

Real estate near Lake Oswego