First Addition Homes For Sale In Lake Oswego, OR

Lake Oswego Snow 2014All bundled up in this weather, I hope! The city of Lake Oswego has actually done a great job keeping our roads passable and safe. I wanted to take a break and dive back into the First Addition Real Estate market now that 2014 is off to a good start. First Addition is one of the oldest neighborhoods in Lake Oswego, and it is filled with character!

If you are thinking about moving to Lake Oswego, then this is a great site to check out different Lake Oswego neighborhoods and learn about Lake Oswego living. If you want to talk to me about different Lake Oswego neighborhoods, schools, etc., I am free anytime and would look forward to making your relocation to Lake Oswego easier all around.  Now, Back to First Addition Homes for sale and real estate market info for the last month…..

First Addition Homes SOLD in last 30 days – just one in the RMLS. In the last 30 days, we have had one large First Addition home for sale close in escrow.   425 G Ave was listed for $1,400,000 and sold for full price on 2/5/2014 after being on the market for 91 days.  It is a Lake Oswego new construction home and has 3890 square Lake Oswego Snow 2014feet, four bedrooms, and 2 baths.  Obviously, the location of this First Addition home is a huge selling point. Proximity to all Downtown LO city amenities is always in demand.

There are 3 First Addition homes for sale that are currently pending in escrow as well as the one which has closed.  These range in list price from $889,000 to $1,250,000 with a median list price of $969,000.  They range in days on market from 0 to 189 days.

So, what is for sale in Lake Oswego’s First Addition neighborhood? There are 6 active First Addition listings in the RMLS currently – single family and labeled First Addition.  These First Addition homes for sale range in list price from $665,000 to $1,050,000 with a median list price of $996,750.  The average dollar per square foot is $253.  These have been on the market for a median days on market of 59 days with a range of 7 days to 208 days.  These homes are located in First Addition on streets such as D Ave, 4th St, 6th St, E Ave, 2nd St, Atwater Rd,  and 9th St.  Among these, you will find presales, new construction, and Lake Oswego properties for sale that don’t have signs out front.  Full details: First Addition Real Estate market 02092014

No matter what Lake Oswego neighborhood you are interested in, Let us help you get started.  Feel free to reach out and let us know how we can help.  Court: 503-899-2968 or CO@CooperJacobs.com

Lake Oswego Neighborhood Highlight: Blue Heron

Blue Heron Homes For Sale in Lake Oswego, ORBlue Heron Easements to Oswego Lake

This Lake Oswego neighborhood is a haven of Lake Oswego luxury homes and spectacular Lake Oswego waterfront homes and is basically a peninsula surrounded by canals and the lake on three sides. As a result, you can find beautiful lakefront estates as well as some more affordable waterfront property on the canals.  Blue Heron is located on the South side of the lake and in the Lakeridge High School Boundaries.

If you are interested in Blue Heron Homes for sale and you are interested in taking advantage of living in a lakefront neighborhood, then it is important to talk about easements.  The map to the right is from the Lake Corp which is great place to investigate if you are interested in living on or near the lake or if you are interested in using Oswego Lake at all.  Oswego Lake is a private lake. Only shareholders who live either on the lake in waterfront homes or live in homes within the easement boundaries are entitled to enjoy the lake.  This particular map shows the four different easements to Oswego Lake in the area and shows which homes in the neighborhood are eligible to join which easement(s).

If you are interested in moving to Lake Oswego and if you want to be able to use Oswego Lake, then it is extremely important to know which easement you are able to use with your property.  We can help you figure this out as well as some of the other boundaries for various other amenities and schools.

LO@CooperJacobs.com for our Lake Oswego Real Estate Brokers. 503-899-2968