3520 Upper Dr, Lake Oswego, OR 97035
Property image
Property image
OFF MARKET

3520 Upper Dr
Lake Oswego, OR 97035

Lake Grove

    $1,434,800

    Trulia Estimate
    as of Jul 8, 2026
    Est. Refi. Payment $8,164/mo*

    $1,434,800

    Trulia Estimate
    as of Jul 8, 2026
    Est. Refi. Payment $8,164/mo*
    (on 0.43 acres)

    Local Information

    • Map ViewExplore the area around 3520 Upper Dr.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Description

    Once in a lifetime opportunity to build your custom dream home with jaw-dropping unencumbered main lake views in the coveted Lake Grove neighborhood. Tucked back on nearly half an acre amongst mature landscaping, this quiet private retreat will take your breath away the moment you pull up to the majestic tree-lined driveway and set your eyes on one of the best protected views in Lake Oswego. Enjoy unparalleled peace and tranquility, while being mere minutes from shopping, restaurants, cafes, groceries, gyms, parks, miles of hiking trails, and award winning schools. With access to three lake easements (Goodin, Summit Court, and Springbrook), summer days will be filled with kayaking, swimming, paddle boarding and boating. The Lake Grove Swim Park is also just a few blocks away, where you can ensure safe swimming with lifeguards on duty, share lunch with family and friends at a community picnic table, partake in a pingpong or volleyball match, climb the play structure, grab food at the snack shack, listen to the summer lake concert series, and so much more.The Sellers purchased this lot with the intention of building their dream home in their dream neighborhood, but life had other plans for them. Now you can pick up where they left off, saving you time, energy and money-Included in the sales price is a land survey, radon survey, asbestos survey, underground tank survey, sewer inspection, geotechnical report with infiltration testing, tree survey, OHSU testing confirming tree health, and permit application for type II removal of two oaks. This lot has gone through a year of due diligence, and is all ready for you to build on it. Whether you build a modern masterpiece, a cozy lake cabin, or traditional charmer, everyday will surely feel like a vacation. Don't miss your opportunity to build your dream home with dream views in one of the most sought after locations in Oregon!
    3520 Upper Dr, Lake Oswego, OR 97035 is a lot/land in Lake Grove. It last sold for $1,475,000 on Jul 24, 2025 (16% below the $1,750,000 asking price). It is currently off market. The Trulia Estimate is $1,434,800, with a rent estimate of $2,870/month.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago
    Last check for updates: about 10 hours ago
    Listed by Lauren Hasson, (503) 348-0536
    Cascade Hasson Sotheby's International Realty
    Bought with: OR and WA Non Rmls, Non Rmls Broker
    Source: RMLS (OR), MLS#24186671

    Home Details for 3520 Upper Dr

    Active Status

    MLS Status: Sold

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
    Heating & Cooling
    No CoolingNo Heating
    View
    Has a ViewView: Lake, Territorial, Trees/Woods

    Exterior Features

    Exterior Home Features
    Other Structures: Existing Structures, Garage, Shed
    Parking & Garage
    No Attached Garage
    Frontage
    WaterfrontWaterfront: LakeOn Waterfront
    Water & Sewer
    Water Body: Oswego Lake

    Days on Market

    Cumulative Days on Market: 247

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land, Single Family Residence
    Building
    Not Attached Property
    Property Information
    Parcel Number: 00244284

    Price & Status

    Price
    List Price: $1,750,000
    Status Change & Dates
    Off Market Date: Sun Feb 23 2025

    Location

    Direction & Address
    City: Lake OswegoCommunity: Lake Grove
    School Information
    Elementary School: Lake GroveJr High / Middle School: Lake OswegoHigh School: Lake Oswego

    HOA

    No HOA

    Lot Information

    Lot Area: 0.43 acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 24186671Water ViewWater View: Lake

    Price History for 3520 Upper Dr

    DatePriceEventSource
    07/24/2025$1,475,000Sold
    RMLS (OR) #24186671
    02/24/2025$1,750,000PendingRMLS (OR) #24186671
    12/03/2024$1,750,000Listed For SaleRMLS (OR) #24186671
    06/23/2023$1,600,000Sold
    RMLS (OR) #23562989
    06/02/2023$1,900,000PendingRMLS (OR) #23562989
    05/23/2023$1,900,000Listed For SaleRMLS (OR) #23562989

    Market trends in Lake Oswego

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

    Year2025
    Tax$7,849
    Assessment$1,001,724
    Home facts updated by county records

    Comparable Sales for 3520 Upper Dr

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.71
    Lot/Land
    $455,000
    04/17/26
    -
    -
    0.92
    Lot/Land
    $605,000
    04/24/26
    -
    -
    0.93
    Lot/Land
    $590,000
    06/02/26
    -
    -
    1.61
    Lot/Land
    $1,250,000
    02/17/26
    -
    -
    1.57
    Lot/Land
    $1,225,000
    09/15/25
    -
    -
    1.61
    Lot/Land
    $1,225,000
    09/15/25
    -
    -
    1.61
    Lot/Land
    $1,250,000
    09/15/25
    -
    -
    1.61
    Lot/Land
    $1,250,000
    09/15/25
    -
    -
    1.61
    Lot/Land
    $1,225,000
    02/17/26
    -
    -

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    Assigned Schools

    These are the assigned schools for 3520 Upper Dr.
    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 Lake Grove

    At least 8 Trulia users voted on each feature.
    • 100 % Say it's walkable to grocery stores

    • 100 % Say parking is easy

    • 100 % Say it's walkable to restaurants

    • 91 % Say it's dog friendly

    • 91 % Say car is needed

    • 87 % Say there's wildlife

    • 82 % Say kids play outside

    • 79 % Say people would walk alone at night

    • 77 % Say yards are well-kept

    • 66 % Say neighbors are friendly

    • 64 % Say they plan to stay for at least 5 years

    • 63 % Say it's quiet

    • 55 % Say there's holiday spirit

    • 45 % Say there are sidewalks

    • 22 % Say there are community events

    • 13 % Say streets are well-lit

    Sourced by Trulia users. Learn more about our methodology.
    • Sheehanshannonlee
      "It’s a very wonderful community everyone is so kind and you can walk a lot of places and there are lots of restaurants. "
    • Annemarie.engleman
      "It’s very quiet, well kept and safe. It has a beautiful peaceful feeling to it full of nature. It’s a very picturesque place to live "
    • Slminero.98
      "Yes dog owners walk their dogs here frequently in this area. The Dogs Love it! I have seen a few cats too!"
    • Slminero 9.
      "This is a safe area near a church and the post office. No children live near the area though and the area is dimly lit for walkers."
    • Tracy O.
      "Lots and lots and lots of trees, wildlife, creeks, fast cars, snobby neighbors, no sidewalks, muddy trails."
    • Dave
      "We live very close to the lake, just off Upper Drive. I like the tall trees that shade this area in the summer, and makes our air temperature (along with the lake effect) cooler by 5-10 degrees compared with other areas of Portland. I like belonging to a boating easement, which is very valuable to me as I like to kayak! It also makes our property worth more than comparable houses that are not in an easement area. In terms of schools, ours are among the best in the nation, with LOHS 4th in the state. We have trails nearby, including the Iron Mountain Trail and a pathway around the lake. Lake Grove is undergoing a shift financed by bonds that will give it even more of a village atmosphere. We have award winning restaurants. Some of our favorites are Riccardo's, Babica Hen, Gubancs, La Provence, Singha Thai, Jefe, and all within easy walking distance. Lake Oswego has a lot of civic services and cultural events all year round. A super place to live and to bring up a family!!"
    • Dave
      "Have lived here for 20 years. Oswego Lake is nearby, and most properties in area have deeded easement to boating easements for this private lake. Most subdivisions do not have that access, with the exception of Village on the Lake. First Addition, way too expensive in my mind for lack of sidewalks, narrow lanes and chaotic parking, does not have access to private Oswego Lake. Further, the Lake Grove Village area is becoming a destination for fine dining and high end grocery shopping (Zupans, New Seasons). There is a walking path along Upper Drive and Lakeview that extends clear around the lake to downtown Lake Oswego. Further, there is the walking path along Iron Mountain Boulevard to downtown. Then, there is the little-known trail along the old mining route from the top of Iron Mountain down to the golf course area. Superb! For those who join an easement, there is kayaking, canoeing and boating on a private lake, Oswego Lake. This is reserved for lakefront owners and easement members only. Except, lakefront owners pay over a million for just their property, have high taxes and upkeep for their dock and bulkhead; easement members are not taxed on their lake access privilege. The Lake Grove area is shaded during the summer, and is usually 5-10 degrees cooler than, say, Beaverton. During the winter, for those living near the lake in Lake Grove, they are recipients of winter sun reflecting off the lake, which makes it seem warmer than those houses on the south side of the lake which can remain in shadow a part of the day. Many areas of Lake Grove are flat, so one doesn't worry about slides or water buildup from being on the "wrong side" of the street. The city area of Lake Grove vs. the county area of Lake Grove has higher taxes, but the county area is largely septic tanks, and of course, the roads are not kept up by the city as it is county property."
    • Florin D.
      "I love living here because it offers an extremely to find combination of walking friendly, close to restaurants, shops, schools, public transport, yet quiet and a landscape that feels like a park."

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    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 2026-07-07 12:49:10 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.