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199 Pine Valley Rd, Lake Oswego, OR 97034 — photograph 1

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199 Pine Valley Rd, Lake Oswego, OR 97034 — photograph 1
3 Beds3.5 Baths3,255 sqft

199 Pine Valley Rd, Lake Oswego

$1,895,000

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ActiveMLS®: 213241735Listing held by another brokerage, marked RMLS
Price per sqft
$582.18
Built in
1948
Property size
3,255 sqft
Lot size
33,977 sqft
Property type
Residential
Days on market
52

Overview

Sitting above Oswego Lake with beautiful water views from the rooms that matter most, this mid-century home is all about the setting, the lifestyle and the opportunity. Walls of windows bring the lake into the kitchen, dining room and expansive living room, while vaulted ceilings, warm wood details and classic mid-century character give the home a personality that feels nostalgic, cool and full of possibility.The unique setting includes a rare double tax lot totaling approximately 0.78 acres, offering an incredible opportunity to make it your own. Embrace the mid-century character already here, update it to fit your style, and create something truly special in a location that would be nearly impossible to recreate.The three-bedroom, three-and-a-half-bath layout offers comfortable spaces to gather, while the expansive back patio extends the living space outdoors—perfect for dinner with friends, morning coffee or simply sitting back and taking in the lake views.And then there’s the lifestyle. The home belongs to the coveted Forest Hills Lake Easement, putting lake access just a short walk away. Stroll into downtown Lake Oswego for coffee, dinner, boutiques, the farmers market and community events, with the Lake Oswego Country Club right nearby.Lake views, lake access, approximately 0.78 acres across two tax lots, mid-century character and downtown Lake Oswego at your fingertips. Bring your vision and make this one your own.

Details

Interior

Interior features
Garage Door Opener, Hardwood Floors, Laundry, Skylight, Soaking Tub, Wall to Wall Carpet
Appliances
Dishwasher, Free Standing Range, Free Standing Refrigerator, Island, Pantry, Stainless Steel Appliance
Fireplace
Yes
Fireplaces
2
Fireplace description
Gas, Wood Burning
Cooling
No
Heating
Yes
Heating description
Baseboard

Exterior and lot

Lot size
33,977 sqft
Exterior features
Patio, Yard
Lot features
Private, Trees
Architectural style
Mid Century Modern, NW Contemporary
Roof
Shake
View
Yes
View description
Lake

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
3
Parking
Driveway
Total parking
3

Schools

High school
Lake Oswego
Middle school
Lake Oswego
Elementary school
Forest Hills

Location

City
Lake Oswego
County
Clackamas

Taxes and dues

Annual taxes
$14,632 (2025)

Location

199 Pine Valley Rd, Lake Oswego, OR 97034

Map showing the location of 199 Pine Valley Rd, Lake Oswego, OR 97034
© Mapbox © OpenStreetMap

Monthly payment estimate

$11,305 /mo

20% · $379,000
7.00%
Principal and interest
$10,086
Property tax (2025)
$1,219
Total
$11,305

Estimate only, and not an offer of credit. Assumes 20% down ($379,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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