#24373995, Cynthia Fneish, Listing office: Networth Realty Of Portland
$1,580,000 List price
3435 Lake Grove Ave Lake Oswego, OR 97035
4 beds
3 full
3,022 sqft
0.5 acres
$523 / sqft
House
Property details
About 3435 Lake Grove Ave
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. Seller open to creative financing.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air, Zoned
Size3,022 sqft
Lot size0.45 Acres
Year built1978
MLS #687582050
Attached garage3 spaces
FireplaceGas Fireplace
Summary
- Full Bathrooms: 3
- Basement: No
- Flooring Type: Granite, Hardwood, Tile
- Interior: Granite, Jetted Tub, Laundry, Skylight, Sound System, Vaulted Ceiling(s), Washer/Dryer
- Fireplace: Gas Fireplace
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Attached Garage: Yes
- Exterior: Covered Deck, Deck, Dog Run, Fire Pit, Free-Standing Hot Tub, Porch, RV Parking, Security Lights, Sprinklers
- Architectural Style: 2 Story, NW Contemporary
- Heating: Forced Air
- Cooling: Central Air, Zoned
- List Price: $1,580,000
- Price/SqFt: $522
- Annual Tax Amount: $9,780
- Tax Year: 2023
- Lot: Level, Pond, Private
- Directions: Upper or Reese to Lake Grove
- Year Built: 1978
- Stories: 2
- Living Area: 3,022 SqFt
- Lot Size: 0.45 Acres
- MLS Number: 687582050
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Eleete Real Estate
- Office Phone: (503) 292-1500
- Listing Agent: Anne Smith
The 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: 8/2/2025, 5:43:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 31, 2014 | Home Sold | $572,500 |
| Jun 01, 2011 | Home Sold | $536,700 |
| Jul 23, 2003 | Home Sold | $339,900 |
| Aug 31, 2001 | Home Sold | $214,900 |
| Jul 30, 1999 | Home Sold | $203,000 |
| May 01, 1993 | Home Sold | $147,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $508,136 | $9,780 |
| 2022 | $493,336 | $9,490 |
| 2021 | $478,967 | $8,765 |
| 2020 | $465,017 | $8,545 |
| 2018 | $438,323 | $7,926 |
| 2017 | $425,556 | $7,648 |
History based on county public records data.
Nearby schools
7
Lake Grove Elementary School
Public District KG-5
0.4 mi
•15777 Boones Ferry Rd
8
Westridge Elementary School
Public District KG-5
1.1 mi
•3400 Royce Way
8
Oak Creek Elementary School
Public District KG-5
1.4 mi
•55 Kingsgate Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,116. The most common annual income of people living in Lake Oswego, OR is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
23%
<35k
54%
35k-100k
13%
100k-200k
10%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
8%
Single, with Kids
32%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
12%
18-34 yrs old
47%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
Hiking/backpacking
PGA/LPGA
Where do the neighbors shop?
Nordstrom
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
California Pizza Kitchen
Chipotle
Bonefish Grill
What do the neighbors drive?
BMW
Mazda
Cadillac
What do the neighbors listen to?
Talk/Personality
Rock
Classical
All data provided by Home Junction and Claritas
Similar homes for sale
#389694347, Jacob Goldberg, Listing office: Innovate Real Estate LLC
#160364808, Michael Beirwagen, Emilie Evans, Listing office: Berkshire Hathaway HomeServices NW Real Estate
Tour
#24181309, Steve Kaer, Listing office: Kaer Property Group
#358951597, Darcie VanderZanden, Chase Underwood, Listing office: Keller Williams Sunset Corridor
#655419442, Derek Fiscus, Listing office: Premiere Property Group, LLC
#634361035, Helen Leek, Listing office: Premiere Property Group, LLC
#560402930, Marissa Mars, Listing office: Knipe Realty ERA Powered
Backup offersTour
#713729718, Justin Harnish, Errol Bradley, Listing office: Harnish Company Realtors
#126151046, Shannon Janssen, Listing office: Coldwell Banker Bain
Frequently asked questions
About 3435 Lake Grove Ave
The listing price of 3435 Lake Grove Ave property is $1,580,000.
The property 3435 Lake Grove Ave is a house located in Lake Oswego, Oregon, 97035.
Active Listing: 3435 Lake Grove Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3435 Lake Grove Ave are: Lake Grove Elementary School (GreatSchools Rating 7/10), Westridge Elementary School (GreatSchools Rating 8/10), Oak Creek Elementary School (GreatSchools Rating 8/10), Lake Oswego Junior High School (GreatSchools Rating 8/10), Lakeridge Middle School (GreatSchools Rating 8/10), Athey Creek Middle School (GreatSchools Rating 5/10), Lake Oswego High School (GreatSchools Rating 10/10), Lakeridge High School (GreatSchools Rating 9/10), Creekside Community High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $9,780 (source: MLS/based on county public records data).
The last sale was on January 31, 2014 for $572,500 (source: MLS/tax record).
The property at 3435 Lake Grove Ave has 4 bedrooms and 3 bathrooms.
The property 3435 Lake Grove Ave is 3,022 SqFt (source: MLS/tax record).
The year of construction for 3435 Lake Grove Ave is 1978.
This home is located at 3435 Lake Grove Ave in Lake Oswego, OR and zip code 97035 in the Lake View Villas neighborhood. This 3,022 square foot home, which was built in 1978, sits on a 0.45 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $1,580,000.
Lake Oswego, OR housing market in July 2025 saw over 17 listings sold above listed price, more than 12 sold at listed price and over 39 sold below. In July 2025 in Lake Oswego, OR there were 5.7% more homes for sale than in June. The median list price of listings available in July 2025 was $898,000, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.