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247 E Ave, Lake Oswego, OR 97034 — photograph 1

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247 E Ave, Lake Oswego, OR 97034 — photograph 1
3 Beds2.5 Baths1,533 sqft

247 E Ave, Lake Oswego

$699,900

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PendingMLS®: 340813725Listing held by another brokerage, marked RMLS
Price per sqft
$456.56
Built in
2026
Property size
1,533 sqft
Property type
Residential
Days on market
0

Overview

*** Now 3 out of 8 homes are pending! *** 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! For investment purposes....ACTUAL RENT ON ANOTHER HOME IN THE PROJECT IS $5,000/MO.

Details

Interior

Interior features
Hardwood Floors, Tile Floor
Appliances
Dishwasher, Disposal, Free Standing Range, Quartz, Stainless Steel Appliance
Cooling
Yes
Cooling description
Mini Split
Heating
Yes
Heating description
Mini Split
Windows
Double Pane Windows

Exterior and lot

Exterior features
Fenced, Patio, Porch
Lot features
Level
Architectural style
Modern
Roof
Composition
View
Yes
View description
Trees / Woods

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
0
Parking
On Street
Total parking
0

Schools

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

Location

City
Lake Oswego
County
Clackamas
Subdivision
FIRST ADDITION

Location

247 E Ave, Lake Oswego, OR 97034

Map showing the location of 247 E Ave, Lake Oswego, OR 97034
© Mapbox © OpenStreetMap

Monthly payment estimate

$4,250 /mo

20% · $139,980
7.00%
Principal and interest
$3,725
Property tax (estimated)
$525
Total
$4,250

Estimate only, and not an offer of credit. Assumes 20% down ($139,980) and a 30-year fixed rate at 7.00%. Property tax is estimated at 0.90% of the purchase price, because this listing carries no assessed figure; Oregon assesses on a capped assessed value rather than the sale price, so the real bill will differ. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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