$699,900
3 Beds
3 Baths
1,533 sqft
247 E Ave, Lake Oswego, OR 97034
Home Highlights
Single-Family Home
Built in 2026
$457/sqft
Open Parking
Local Information
- Map ViewExplore the area around 247 E Ave.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
*** Now 3 out of 8 homes are pending! *** Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple 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. 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 home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! For investment purposes....ACTUAL RENT ON ANOTHER HOME IN THE PROJECT IS $5,000/MO.
Last check for updates: about 1 hour ago
Listing courtesy of Aleksander Koval, (503) 548-8008
The Koval Group
Source: RMLS (OR), MLS#340813725
Home Details for 247 E Ave
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MLS Status: Pending |
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Interior Details Basement: FullNumber 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 Utilities: Cable ConnectedAppliances: Dishwasher, Disposal, Free-Standing Range, Stainless Steel Appliance(s), Electric Water HeaterDishwasherDisposal |
Heating & Cooling Heating: Mini SplitHas CoolingHas HeatingHeating Fuel: Mini Split |
Windows, Doors, Floors & Walls Window: Double Pane WindowsFlooring: Hardwood, Tile |
Levels, Entrance, & Accessibility Stories: 2Floors: Hardwood, Tile |
View Has a ViewView: Trees/Woods |
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Exterior Home Features Roof: CompositionPatio / Porch: Patio, PorchFencing: FencedFoundation: Slab |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 21 |
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Year Built Year Built: 2026 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family Residence |
Building Construction Materials: Board & Batten Siding, Cement SidingIs a New ConstructionNot Attached PropertyIncludes Home Warranty |
Property Information Condition: New ConstructionParcel Number: New Construction |
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Price List Price: $699,900Price Per Sqft: $457 |
Status Change & Dates Off Market Date: Mon Aug 31 2026 |
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Direction & Address City: Lake OswegoCommunity: First Addition |
School Information Elementary School: Forest HillsJr High / Middle School: Lake OswegoHigh School: Lake Oswego |
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Listing Agent Listing ID: 340813725 |
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Building Area Building Area: 1533 Square Feet |
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Not Senior Community |
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No HOA |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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BasementMls Number: 340813725 |
Around this home
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
Sourced by Trulia users. Learn more about our methodology.
Market trends in Lake Oswego
Last updated August 2026
Avg. sale price
$942K
$17KMoM
Sale-to-List Price
98.8%
Price per sq ft
$402
$0MoM
Available listings
362
13MoM
Home Value
Trulia Estimate
$700KSince last month
Increased$3K (+0.4%)Since last year
Decreased$218K (-23.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -24% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $701K |
| August 2026 | $699K |
| July 2026 | $796K |
| June 2026 | $826K |
| May 2026 | $870K |
| April 2026 | $922K |
| March 2026 | $918K |
| February 2026 | $919K |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $2,212,500 | 05/21/26 | 3 | 3 | 2,958 | |
0.27 | Single-Family Home | $1,375,000 | 08/25/26 | 3 | 4 | 2,418 | |
0.37 | Single-Family Home | $1,430,000 | 06/29/26 | 3 | 2 | 1,997 | |
0.30 | Single-Family Home | $2,065,000 | 07/10/26 | 3 | 4 | 2,949 | |
0.09 | Single-Family Home | $850,000 | 11/07/25 | 4 | 5 | 3,706 | |
0.46 | Single-Family Home | $950,000 | 04/16/26 | 3 | 3 | 2,360 | |
0.19 | Single-Family Home | $1,050,000 | 09/24/25 | 5 | 3 | 3,662 | |
0.34 | Single-Family Home | $1,050,000 | 07/30/26 | 3 | 4 | 2,728 | |
0.03 | Single-Family Home | $1,590,000 | 07/30/26 | 6 | 4 | 4,193 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | - | - | - | - | Off Market | |
0.00 | $699,900 | 3 | 2 | 1,554 | For Sale | |
0.00 | $599,900 | 2 | 2 | 1,170 | For Sale | |
0.00 | $679,900 | 3 | 2 | 1,490 | For Sale | |
0.03 | $1,590,000 | 6 | 3 | 4,193 | Recently Sold | |
0.02 | $1,853,100 | 5 | 2 | 2,961 | Off Market | |
0.02 | $650,000 | 2 | 2 | 998 | Recently Sold | |
0.02 | $649,900 | 2 | 2 | 998 | For Sale | |
0.02 | $649,900 | 2 | 2 | 998 | For Sale | |
0.03 | $649,900 | 2 | 2 | 998 | For Sale | |
0.04 | $660,000 | - | - | - | Recently Sold | |
0.04 | $1,576,000 | 4 | 2 | 3,010 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 31, 2026 Source: RMLS (OR) #340813725 | Pending | $699,900 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Aleksander Koval, The Koval Group
Agent Phone: (503) 548-8008
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 2026-09-21 01:09:02 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.
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Frequently asked questions about 247 E Ave
- What is the estimated monthly payment for 247 E Ave?Based on a $699,900 list price with 20% down at today's rates, the estimated monthly payment for 247 E Ave in Lake Oswego, OR is approximately $4,366 (about $3,807 principal & interest, $484 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 247 E Ave compare to homes in Lake Oswego?247 E Ave in Lake Oswego, OR is listed at $699,900, about 26% below the $942K median sale price in Lake Oswego.
- What do residents say about the First Addition-Forest Hills neighborhood?Residents describe the First Addition-Forest Hills neighborhood in Lake Oswego, OR as walkable to restaurants, walkable to grocery stores, and easy to park in. See homes for sale in First Addition-Forest Hills, Lake Oswego.
- What are the closest schools to 247 E Ave?The closest schools to 247 E Ave in Lake Oswego, OR are Forest Hills Elementary School (rated 9/10), Lake Oswego Junior High School (rated 8/10), Lake Oswego Senior High School (rated 10/10).
- Does 247 E Ave have air conditioning?Yes, 247 E Ave in Lake Oswego, OR has air conditioning.
- Does 247 E Ave have a yard?Yes, 247 E Ave in Lake Oswego, OR has a yard.
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 Aug 31, 2026. The MLS # for this home is MLS# 340813725.