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Home + Sea Realty
2 Beds2.5 Baths1,986 sqft

21 D Ave 5, Lake Oswego

$1,490,000

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ActiveMLS®: 307578080Listing held by another brokerage, marked RMLS
Price per sqft
$750.25
Built in
2025
Property size
1,986 sqft
Property type
Residential
Days on market
13

Overview

The one and only capsule collection of its kind for years to come, Frances luxury residences set a new standard for downtown Lake Oswego cosmopolitan living with unrivaled club amenities and ready access to Oregon’s exceptional quality of life. Residents enjoy concierge services, a grand piano arrival hall, garden courtyard, tasting lounge with wine vaults, fitness studio & sauna, library, club room, dog wash facilities, and a guest studio all with the ease of a true lock-&-leave lifestyle. Located a mere 3 blocks from Lake Oswego’s celebrated dining, boutiques, farmer’s market, and lakefront paths, this location features a very high walk score. Inspired by the art of fine living, #5 is a light-filled pied-a-terre offering wonderful southern exposure, 10’ ceilings, book-matched marble slab finishes, European oak plank/herringbone floors, soaring wood-framed windows and doors, Restoration hardware and high design lighting, and smart features. Designed for a day on the town and as a glamorous private retreat, the home features a showcase ‘Michelin Star’ entertainer’s kitchen plus full caterer’s prep kitchen. The handsome great room is highlighted by a gas fireplace library wall and vast 9’ glass doors gazing out over the garden courtyard views. Guests and owners rejuvenate in style with two en-suite bedrooms, including a spectacular primary suite featuring European wet room marble bath graced with a pedestal tub and walk-in closet. Step outdoors onto the home’s private terrace and delight in miles of top-rated Tryon Creek Park wooded trails 2 minutes away with championship golf, Mt Hood high-alpine skiing, the breathtaking Oregon Coast and picturesque wine country all close at hand. Immaculately planned and expertly crafted, Frances marries an intimate community lifestyle within Lake Oswego's sought after First Addition neighborhood and all the wonder of the Pacific Northwest’s elemental beauty. Additional residences available on request.

Details

Interior

Interior features
Elevator, High Ceilings, Laundry, Marble, Quartz, Slate Flooring, Soaking Tub, Washer / Dryer, Wood Floors
Appliances
Built-in Range, Built-in Refrigerator, Butlers Pantry, Dishwasher, Disposal, Gas Appliances, Island, Marble, Microwave, Plumbed For Ice Maker, Pot Filler, Quartz, Range Hood, Solid Surface Countertop, Stainless Steel Appliance
Fireplace
Yes
Fireplaces
1
Fireplace description
Gas
Cooling
Yes
Cooling description
Central Air
Heating
Yes
Heating description
Forced Air
Windows
Double Pane Windows, Vinyl Frames

Exterior and lot

Exterior features
Covered Patio, Guest Quarters
Lot features
Gentle Sloping, Level
Architectural style
Custom Style
Roof
Composition
View
Yes
View description
Territorial

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
1
Parking
Off Street, Secured
Total parking
1

Schools

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

Location

City
Lake Oswego
County
Clackamas
Subdivision
FIRST ADDITION

Taxes and dues

Annual taxes
$20,885 (2026)
HOA dues
$1,324 / month

Location

21 D Ave 5, Lake Oswego, OR 97034

Map showing the location of 21 D Ave 5, Lake Oswego, OR 97034
© Mapbox © OpenStreetMap

Monthly payment estimate

$10,995 /mo

20% · $298,000
7.00%
Principal and interest
$7,930
Property tax (2026)
$1,740
HOA dues
$1,324
Total
$10,995

Estimate only, and not an offer of credit. Assumes 20% down ($298,000) 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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