247 E Ave, Lake Oswego, OR 97034
FOR SALE
NEW CONSTRUCTION
3D VIEW

247 E Ave
Lake Oswego, OR 97034

First Addition-Forest Hills
  • 3 Beds
  • 3 Baths
  • 1,533 sqft

$879,900

Original price: $929,900
Est. Mortgage $5,014/mo*
Get Pre-Qualified

$879,900

Original price: $929,900
Est. Mortgage $5,014/mo*
Get Pre-Qualified
3 Beds
3 Baths
1,533 sqft

Local Information

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

Description

Designed for those who value both beauty and ease, this exclusive collection of eight modern cottages offers a rare opportunity for elevated living in Lake Oswego’s sought-after First Addition neighborhood. Clean lines, curated materials, and versatile interiors create homes that feel both timeless and distinctly current, thoughtfully crafted to simplify daily life while flexible with changing needs. Well-proportioned two and three-bedroom floorplans support remote work, welcoming guests, creative pursuits, and quiet retreat, complemented by open, light-filled living spaces, refined finishes, and everyday conveniences that enhance comfort and livability. The intimate, centrally oriented community fosters a sense of calm and connection, while low-maintenance ownership provides the freedom to enjoy nearby shops, cafés, parks, and top-rated schools. More than a place to live, this is a boutique residential experience where flexibility, craftsmanship, and enduring style come together in a setting designed for life well lived.

Home Highlights

Parking
Open Parking
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$574
Listed
124 days ago
Last check for updates: about 14 hours ago
Listing courtesy of Terry Sprague, (503) 459-3987
LUXE Forbes Global Properties
Source: RMLS (OR), MLS#246909482

Home Details for 247 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: 1533 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: 124

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: $879,900Price Per Sqft: $574

Media

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: 246909482

Building

Building Area
Building Area: 1533 Square Feet

Community

Not Senior Community

HOA

No HOA

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 246909482

Market trends in Lake Oswego

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$816K
$62.17KMoM
Sale-to-List Price
99.1%
0.7%MoM
Price per sq ft
$394
$13MoM
Available listings
337
18MoM

Price History for 247 E Ave

DatePriceEventSource
05/20/2026$879,900PriceChange
RMLS (OR) #246909482
02/09/2026$929,900Listed For SaleRMLS (OR) #246909482

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Comparable Sales for 247 E Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
757 4th St, Lake Oswego, OR
0.08
Single-Family Home
$1,385,000
07/31/25
3
2
1,344
804 4th St, Lake Oswego, OR
0.09
Single-Family Home
$2,212,500
05/21/26
3
3
2,958
785 3rd St, Lake Oswego, OR
0.04
Single-Family Home
$1,598,500
08/20/25
4
3
3,010
570 2nd St #2, Lake Oswego, OR
0.22
Single-Family Home
$640,000
07/26/25
2
3
1,464
816 5th St, Lake Oswego, OR
0.15
Single-Family Home
$800,000
07/28/25
3
2
2,294
840 8th St, Lake Oswego, OR
0.34
Single-Family Home
$1,260,000
08/01/25
4
3
1,920
817 D Ave, Lake Oswego, OR
0.35
Single-Family Home
$1,700,000
08/19/25
3
4
2,014
922 E Ave, Lake Oswego, OR
0.40
Single-Family Home
$1,180,000
06/27/25
3
2
1,793
764 10th St, Lake Oswego, OR
0.46
Single-Family Home
$950,000
04/16/26
3
3
2,360

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 247 E Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

First Addition-Forest Hills
See Local Highlights
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

Sourced by Trulia users. 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. "
    0
    Flag
  • 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."
    0
    Flag
  • Amdrury13
    "Relatively simple and central to most of Portland metro areas. Good school district and farmer’s market. Many families and retirees."
    0
    Flag
  • 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."
    0
    Flag
  • 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"
    1
    Flag

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 2026-06-13 03:59:11 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.
247 E Ave, Lake Oswego, OR 97034 is a 3 bedroom, 3 bathroom, 1,533 sqft single-family home built in 2026. 247 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# 246909482.