Is First Addition-Forest Hills, Lake Oswego, OR walkable to restaurants?

As of early 2026, 100% of users say it's walkable to restaurants

Is First Addition-Forest Hills, Lake Oswego, OR walkable to grocery stores?

As of early 2026, 100% of users say it's walkable to grocery stores

Is parking easy in First Addition-Forest Hills, Lake Oswego, OR?

As of early 2026, 93% of users say parking is easy

Would people walk alone at night in First Addition-Forest Hills, Lake Oswego, OR?

As of early 2026, 92% of users say people would walk alone at night

Is First Addition-Forest Hills, Lake Oswego, OR quiet?

As of early 2026, 89% of users say it's quiet

Is First Addition-Forest Hills, Lake Oswego, OR dog-friendly?

As of early 2026, 88% of users say it's dog friendly

Do kids play outside in First Addition-Forest Hills, Lake Oswego, OR?

As of early 2026, 77% of users say kids play outside

Are yards well-kept in First Addition-Forest Hills, Lake Oswego, OR?

As of early 2026, 71% of users say yards are well-kept

Does First Addition-Forest Hills, Lake Oswego, OR show holiday spirit?

As of early 2026, 71% of users say there's holiday spirit

Is a car needed in First Addition-Forest Hills, Lake Oswego, OR?

As of early 2026, 71% of users say car is needed

Are neighbors friendly in First Addition-Forest Hills, Lake Oswego, OR?

As of early 2026, 70% of users say neighbors are friendly

Does First Addition-Forest Hills, Lake Oswego, OR have sidewalks?

As of early 2026, 64% of users say there are sidewalks

Are there community events in First Addition-Forest Hills, Lake Oswego, OR?

As of early 2026, 54% of users say there are community events

Are the streets well-lit in First Addition-Forest Hills, Lake Oswego, OR?

As of early 2026, 44% of users say streets are well-lit

Is there wildlife in First Addition-Forest Hills, Lake Oswego, OR?

As of early 2026, 39% of users say there's wildlife

Do residents of First Addition-Forest Hills, Lake Oswego, OR plan to stay at least 5 years?

As of early 2026, 27% of users say they plan to stay for at least 5 years

FOR SALE

NEW CONSTRUCTION

247 E Ave
Lake Oswego, OR 97034

First Addition-Forest Hills

3 Beds
3 Baths
1,533 sqft

$749,900

$799,900

Est. Mortgage $4,441/mo*

Get Pre-Qualified

$749,900

$799,900

Est. Mortgage $4,441/mo*

Get Pre-Qualified

3 Beds

3 Baths

1,533 sqft

Home Highlights

Parking

Open Parking

Outdoor

Porch, Patio

Climate Control

Heating & Cooling

Price/Sqft

$489

Listed

32 days ago

Local Information

Map ViewExplore the area around 247 E Ave.
Schools1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

About this House

THIS MODEL HOME NOW AVAILABLE AT $749,900! Here's a massive opportunity in First Addition! HUGE PRICE IMPROVEMENTS MADE! 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!

Last check for updates: about 6 hours ago

Listing courtesy of Aleksander Koval, (503) 548-8008

The Koval Group

Source: RMLS (OR), MLS#695064465

Home Details for 247 E Ave

Active Status
MLS Status: Active

Interior Features
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

Exterior Features
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

Days on Market
Days on Market: 32

Property Information
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

Price & Status
Price List Price: $749,900Price Per Sqft: $489

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

Agent Information
Listing Agent Listing ID: 695064465

Building
Building Area Building Area: 1533 Square Feet

Community
Not Senior Community

HOA
No HOA

Offer
Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous
BasementMls Number: 695064465

Market trends in Lake Oswego

Last updated June 2026

Avg. sale price

$866K

$50KMoM

Sale-to-List Price

99.0%

0.1%MoM

Price per sq ft

$405

$11MoM

Available listings

376

39MoM

Price History for 247 E Ave

Date	Price	Event	Source
07/30/2026	$749,900	PriceChange	RMLS (OR) #695064465
Price Change $50,000 (-6%)
06/30/2026	$799,900	Listed For Sale	RMLS (OR) #695064465

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Comparable Sales for 247 E Ave

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
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
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
516 7th St, Lake Oswego, OR	0.37	Single-Family Home	$1,430,000	06/29/26	3	2	1,997
558 6th St, Lake Oswego, OR	0.30	Single-Family Home	$2,065,000	07/10/26	3	4	2,949
764 10th St, Lake Oswego, OR	0.46	Single-Family Home	$950,000	04/16/26	3	3	2,360
887 6th St, Lake Oswego, OR	0.19	Single-Family Home	$1,050,000	09/24/25	5	3	3,662
580 7th St, Lake Oswego, OR	0.34	Single-Family Home	$1,050,000	07/30/26	3	4	2,728

Nearby homes

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

Skip to last item

OFF MARKET
233 E Ave,
Lake Oswego, OR 97034
Premiere Property Group, LLC, Sold
FOR SALE
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The Koval Group, Active
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NEW - 1 DAY AGO
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OFF MARKET
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OPEN SAT, 11-1PM
NEW CONSTRUCTION
3D VIEW
$550,000
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JUL 2, 2026
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eXp Realty, LLC, Sold

Skip to first item

Additional Cost

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

25 Homes For You
Buy: $449k - $6m

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
Visitor
4y ago
"I don’t commute, but it seems like the traffic flows easily going in and out of Portland from here. "
0
Flag
Angela D.
Resident
6y ago
"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
Resident
6y ago
"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.
Resident
6y ago
"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.
Resident
8y ago
"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

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 2026-07-31 06:29:03 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 Jun 30, 2026. The MLS # for this home is MLS# 695064465.

247 E Ave
Lake Oswego, OR 97034

$749,900