$1,275,000

3520 Red Cedar Way Lake Oswego, OR 97035

$10,000
Closing credit¹
4 beds
3 full
2,150 sqft
0.4 acres
$593 / sqft
House

Property details

About 3520 Red Cedar Way

Fabulous updated Lake Grove home situated on a tranquil cul-de-sac with 3 coveted Oswego Lake easements, vaulted ceilings, all new windows, and a vast almost half acre yard with detached 14x14 office/artist studio to utilize however you like! Enter to a lovely great room layout with chef's kitchen featuring Bertazzoni gas appliances, wine cooler, and generous seating island. Enjoy a plush primary suite upstairs (half flight) with remodeled spa bathroom and walk-in closet plus 2 nearby bedrooms and convenient upper level laundry with GE washer/dryer. A few steps down and you are in the bonus bedroom with fireplace and adjacent full bathroom, or utilize as a family/media room with patio access. So many options to expand the detached 14x14' studio to an ADU or utilize as-is as a private home office, art studio or fitness space. Wood floors, lovely finishes, and designer lighting make this refuge sparkle! Accesses top Lake Oswego Schools and minutes to Mercato Grove and Kruse Village shopping & dining, Zupan's gourmet market, and freeways. The good life awaits in highly desirable Lake Oswego!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,150 sqft
Lot size0.4 Acres
Year built1980
ParkingDriveway, Street Parking
MLS #227474977
Attached garage2 spaces
FireplaceGas Fireplace
ViewTrees/Woods

Summary

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Microwave, Wine Cooler
  • Basement: No
  • Flooring Type: Wood
  • Interior: Laundry, Quartz, Skylight, Soaking Tub, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer
  • Fireplace: Gas Fireplace
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Street Parking
  • View: Trees/Woods
  • Exterior: Outbuilding, Patio, Yard
  • Architectural Style: Custom Style, Split
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $1,275,000
  • Price/SqFt: $593
  • Annual Tax Amount: $7,992
  • Tax Year: 2023
  • Lot: Cul-de-sac, Level, Private, Wooded
  • Directions: Boones Ferry Rd to Red Cedar Way
  • Year Built: 1980
  • Stories: 3
  • Living Area: 2,150 SqFt
  • Lot Size: 0.4 Acres
  • MLS Number: 227474977
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Cascade Hasson Sotheby's International Realty
  • Office Phone: (503) 420-8650
  • Listing Agent: Kevin Hall, Kathy Hall

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: 5/16/2025, 3:20:35 PM 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 facade featuring an attached garage and concrete driveway

$1,275,000

3520 Red Cedar Way

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 15, 2017
Home Sold
$720,000
Sep 20, 2000
Home Sold
$285,000

Tax history

YearAssessmentProperty Tax
2023$415,246$7,992
2022$403,152$7,755
2021$391,410$7,163
2020$380,010$6,983
2018$328,537$5,941
2017$318,968$5,732

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

1.2 mi

3400 Royce Way

8

Oak Creek Elementary School

Public District KG-5

1.3 mi

55 Kingsgate 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 $64,116. Typical income of Lake Oswego, OR residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

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/snowboardingSkiing/snowboarding
  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • NordstromNordstrom
  • Nordstrom RackNordstrom Rack
  • Chico'sChico's

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • BMWBMW
  • MazdaMazda
  • CadillacCadillac

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3520 Red Cedar Way

The listing price of 3520 Red Cedar Way property is $1,275,000.

The property 3520 Red Cedar Way is a house located in Lake Oswego, Oregon, 97035.

Active Listing: 3520 Red Cedar Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3520 Red Cedar Way 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 $7,992 (source: MLS/based on county public records data).

The last sale was on June 15, 2017 for $720,000 (source: MLS/tax record).

The property at 3520 Red Cedar Way has 4 bedrooms and 3 bathrooms.

The property 3520 Red Cedar Way is 2,150 SqFt (source: MLS/tax record).

The year of construction for 3520 Red Cedar Way is 1980.

This home is located at 3520 Red Cedar Way in Lake Oswego, OR and zip code 97035 in the Lake View Villas neighborhood. This 2,150 square foot home, which was built in 1980, sits on a 0.40 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $1,275,000.

While more than 13 listings in Lake Oswego, OR in April 2025 were sold above asking price, there were more than 14 listings sold at asking price, and more than 32 were sold below. The inventory of homes for sale in Lake Oswego, OR between March and April 2025 increased by 29%. In April 2025, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $901,000.

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

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