205 E Ave, Lake Oswego, OR 97034
FOR SALE
NEW CONSTRUCTION

205 E Ave
Lake Oswego, OR 97034

First Addition-Forest Hills
  • 3 Beds
  • 3 Baths
  • 1,554 sqft

$939,900

Est. Mortgage $5,394/mo*

$939,900

Est. Mortgage $5,394/mo*
3 Beds
3 Baths
1,554 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome to Koval Cottages — a first-of-its-kind offering in the heart of Lake Oswego’s coveted First Addition. Set within one of the nation’s most beloved cottage communities, this new collection of standalone homes delivers the ultimate walkable lifestyle. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets. Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached 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. Crafted by the renowned Koval Construction, 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 cottage in the heart of First Addition.

Home Highlights

Parking
Open Parking
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$605
Listed
89 days ago
Last check for updates: about 13 hours ago
Listing courtesy of Terry Sprague, (503) 459-3987
LUXE Forbes Global Properties
Source: RMLS (OR), MLS#648119288

Home Details for 205 E Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: FinishedNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (partial): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1554 Square Feet
Appliances & Utilities
Appliances: Built In Oven, Built-In Range, Built-In Refrigerator, Dishwasher, Disposal, Stainless Steel Appliance(s), Electric Water HeaterDishwasherDisposalLaundry: Laundry Room
Heating & Cooling
Heating: Mini SplitHas CoolingHas HeatingHeating Fuel: Mini Split
Windows, Doors, Floors & Walls
Flooring: Hardwood, Wood
Levels, Entrance, & Accessibility
Stories: 3Floors: Hardwood, Wood
View
No View

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Deck, Porch
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 89

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Cottage,Custom Style
Building
Construction Materials: Cement SidingIs a New ConstructionNot Attached Property
Property Information
Condition: New ConstructionParcel Number: New Construction

Price & Status

Price
List Price: $939,900Price Per Sqft: $605

Location

Direction & Address
City: Lake Oswego
School Information
Elementary School: Forest HillsJr High / Middle School: Lake OswegoHigh School: Lake Oswego

Agent Information

Listing Agent
Listing ID: 648119288

Building

Building Area
Building Area: 1554 Square Feet

Community

Not Senior Community

HOA

No HOA

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 648119288

Price History for 205 E Ave

DatePriceEventSource
02/09/2026$939,900Listed For SaleRMLS (OR) #648119288

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Comparable Sales for 205 E Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Single-Family Home
$1,385,000
07/31/25
3
2
1,344
0.04
Single-Family Home
$1,598,500
08/20/25
4
3
3,010
0.22
Single-Family Home
$640,000
07/26/25
2
3
1,464
0.15
Single-Family Home
$800,000
07/28/25
3
2
2,294
0.21
Single-Family Home
$1,750,000
06/13/25
4
3
2,733
0.13
Single-Family Home
$1,990,000
05/09/25
4
4
2,977
0.34
Single-Family Home
$1,260,000
08/01/25
4
3
1,920
0.35
Single-Family Home
$1,700,000
08/19/25
3
4
2,014
0.40
Single-Family Home
$1,180,000
06/27/25
3
2
1,793
0.46
Single-Family Home
$950,000
04/16/26
3
3
2,360

Assigned Schools

These are the assigned schools for 205 E Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about First Addition-Forest Hills

At least 7 Trulia users voted on each feature.
  • 100 % Say it's walkable to restaurants

  • 100 % Say it's walkable to grocery stores

  • 93 % Say parking is easy

  • 92 % Say people would walk alone at night

  • 89 % Say it's quiet

  • 88 % Say it's dog friendly

  • 77 % Say kids play outside

  • 71 % Say yards are well-kept

  • 71 % Say there's holiday spirit

  • 71 % Say car is needed

  • 70 % Say neighbors are friendly

  • 64 % Say there are sidewalks

  • 54 % Say there are community events

  • 44 % Say streets are well-lit

  • 39 % Say there's wildlife

  • 27 % Say they plan to stay for at least 5 years

Learn more about our methodology.
  • Trulia User
    "I don’t commute, but it seems like the traffic flows easily going in and out of Portland from here. "
  • Angela D.
    "Love the different homes and walkability. Neighbors are friendly and there is a lovely farmer’s market in the summer and concerts at the local park."
  • Amdrury13
    "Relatively simple and central to most of Portland metro areas. Good school district and farmer’s market. Many families and retirees."
  • Angela D.
    "Lovely neighborhood. Very walkable and friendly. We enjoy the diversity of housing styles, the farmer’s market and the great local coffee shops and restaurants- all within an easy walk from the neighborhood. Great schools too."
  • Eric M.
    "Im from Colorado and its a gentrified mountain town.. pretty common. lots of boats and paths which makes me assume there's some fish around"

LGBTQ Local Legal Protections

Terry Sprague, LUXE Forbes Global Properties
Agent Phone: (503) 459-3987
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-05-08 10:24:01 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
205 E Ave, Lake Oswego, OR 97034 is a 3 bedroom, 3 bathroom, 1,554 sqft single-family home built in 2026. 205 E Ave is located in First Addition-Forest Hills, Lake Oswego. This property is currently available for sale and was listed by RMLS (OR) on Feb 9, 2026. The MLS # for this home is MLS# 648119288.