$1,795,000

2896 Tolkien Ln Lake Oswego, OR 97034

$10,000
Closing credit¹
5 beds
3 full
5,425 sqft
0.3 acres
$331 / sqft
House

Property details

About 2896 Tolkien Ln

Nestled in the coveted Palisades neighborhood, this spacious home is impeccably situated on a generous lot with a flat backyard and pool. The main floor features an updated kitchen with a large island, pantry, and an eating nook surrounded by windows, providing access to the deck. The living room is complemented by a fireplace, and the separate dining room offers an elegant space for gatherings. The family room boasts large windows, a lofty ceiling, fireplace, wet bar, and double glass doors leading to the large deck overlooking the yard and pool.The upper level includes the primary suite with a soaking tub and walk-in closet with built-ins, two additional bedrooms, and convenient attic storage.The lower level provides ample and flexible space to accommodate every lifestyle, featuring a large entertainment area, media room, fitness area, workshop/craft area, office, two bedrooms, and a full bath. This level also has convenient and direct access to the private outdoor retreat with beautiful pool and gazebo. Located just 0.7 miles from Cooks Butte Nature Park and 0.7 miles from Westridge Elementary School, this home offers easy access to green space, award-winning schools, and Lake Oswego amenities including the new Lake Oswego Recreation & Aquatics Center, public golf course, and Luscher Farm City Park. The perfect home in the perfect Lake Oswego location

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size5,425 sqft
BasementYes
Lot size0.34 Acres
Year built1986
ParkingDriveway, Street Parking
MLS #524665300
Attached garage3 spaces
ViewTrees/Woods

Summary

  • MLS Number: 524665300
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Kaer Property Group
  • Office Phone: (503) 699-3980
  • Listing Agent: Steve Kaer

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/20/2025, 3:24:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with driveway, a front lawn, brick siding, and a garage

$1,795,000

2896 Tolkien Ln

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 24, 2013
Home Sold
$724,000
Jan 09, 1997
Home Sold
$460,000

Tax history

YearAssessmentProperty Tax
2023$834,507$16,027
2022$810,201$15,551
2021$786,603$14,362
2020$763,693$14,001
2018$709,635$12,802
2017$653,530$11,717

History based on county public records data.

Nearby schools

8

Westridge Elementary School

Public District KG-5

0.4 mi

3400 Royce Way

9

Stafford Primary School

Public District PK-5

0.9 mi

19875 SW Stafford Rd

9

River Grove Elementary School

Public District KG-5

1.5 mi

5850 McEwan Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $160,542. Most Lake Oswego, OR residents have annual incomes $200k+. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

1%
<35k
32%
35k-100k
32%
100k-200k
35%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

17%
Single, No Kids
3%
Single, with Kids
49%
Married, No Kids
31%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
11%
12-17 yrs old
10%
18-34 yrs old
53%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • TennisTennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • AcuraAcura

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2896 Tolkien Ln

This home is located at 2896 Tolkien Ln in Lake Oswego, OR and zip code 97034 in the Tolkien Heights neighborhood. This 5,425 square foot home, which was built in 1986, sits on a 0.34 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $1,795,000.

In March 2025, from all listings sold in Lake Oswego, OR there were more than 13 sold above asking price, over 22 sold below and more than 10 were sold right at the asked price. In March 2025 in Lake Oswego, OR there were 15.5% more homes for sale than in February. In March 2025 median list price was $914,555 and the average listing age was 63 days.

From Rocket Homes Real Estate and based on county public records data.

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