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Eric Young

oregonbroker@callitclosed.com +1(360) 901-4782

Listed by Eleete Real Estate

$ 1,580,000

Est. payment -/mo

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Open Sat 2PM-4PM

3435 LAKE GROVE AVE Lake Oswego, OR 97035

4 Beds

3 Baths

3,022 SqFt

OPEN HOUSE

Sat Jun 28, 2:00pm - 4:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,022 sqft

Price per Sqft $522

MLS Listing ID 687582050

Style Stories2, N W Contemporary

Bedrooms 4

Full Baths 3

Year Built 1978

Annual Tax Amount $10,076

Tax Year 2024

Lot Size 0.450 Acres

Property Sub-Type Single Family Residence

Property Description

OPEN HOUSE 6/28 Saturday 2-4pm. Must-see Lake Grove retreat on nearly a half acre.Tucked away in a fully fenced, park-like setting in the heart of Lake Oswego, this rare gem offers unmatched flexibility and charm. Featuring $250K+ in recent upgrades (see list), soaring ceilings, and a unique floor plan with a structurally attached guest suite/ADU—this property checks every box.The main home features 3 bedrooms, 2 full bathrooms, beautiful hardwoods, and a spacious primary suite with vaulted, beamed ceilings and large walk-in closet. The attached 1-bedroom ADU includes a private entrance, full bath, kitchenette, laundry, and large living area—perfect for guests, extended family, or income.Proven Income GeneratorBoth the main home and ADU have been operated as separate, highly rated Airbnb listings with strong rental history. The ADU alone has generated $25K–$40K annually. The main house has the potential to earn 2.5–3x that amount, based on prior usage. Listings and existing property management can transfer to the new owner for a truly turn-key, dual-income opportunity.Enjoy seamless indoor-outdoor living with a Hot Tub of Oregon spa, covered dining patio, serene pond with water feature, exterior sound system, firepit, and mature trees illuminated at night.Additional highlights include: 3-car garage, new roof with warranty, recent exterior paint, and access to three exclusive lake/boat easements—including the newly renovated Goodin easement.Whether you're looking for a private sanctuary, an entertainer's dream, or flexible income-generating potential, this one-of-a-kind home delivers.

Location

State OR

County Clackamas

Area _147

Rooms

Basement Crawl Space

Interior

Interior Features Accessory Dwelling Unit, Garage Door Opener, Granite, Hardwood Floors, Jetted Tub, Laundry, Separate Living Quarters Apartment Aux Living Unit, Skylight, Sound System, Tile Floor, Vaulted Ceiling, Washer Dryer

Heating Forced Air90

Cooling Central Air, Mini Split

Fireplaces Number 1

Fireplaces Type Gas

Exterior

Exterior Feature Accessory Dwelling Unit, Covered Deck, Deck, Dog Run, Fire Pit, Free Standing Hot Tub, Guest Quarters, Porch, R V Parking, Security Lights, Spa, Sprinkler

Parking Features Attached

Garage Spaces 3.0

Roof Type Composition

Garage Yes

Building

Lot Description Level, Pond, Private

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Lake Grove

Middle Schools Lake Oswego

High Schools Lake Oswego

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

Eric Young

Broker | OR201219799

+1(360) 901-4782

Eric Young

3435 LAKE GROVE AVE Lake Oswego, OR 97035

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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3435 LAKE GROVE AVE