Hi - this is a beautiful home! From what I can tell in looking at the photos, the basement is above ground in the front yard and has french doors leading out into the front yard - but is underground in the back yard with no direct access.
This home originally sold for $1,299,000 3 years ago. It's currently being listed by a relocation company and has been for sale since last August. The original list price was $1,490,000 and they've had several price drops to finally land at $1,325,000 on 11/17/08.....after they pay fees to sell - they are now netting less than they paid 3 years ago.
According to http://www.GreatSchools.net
- the Lake Oswego schools get a rating of 10 out of 10 - which is the best they have. These schools are award winning and, according to everything I read and hear, the best in the Portland Metro area.
Hope that answers your questions. If you'd like to go take a look, just let me know. Or if you'd info on other homes for sale in the area - I can help there too.
Real Estate Broker & Residential/Commercial Loan Officer
Commonwealth Group & Sunset Mortgage Co.