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

Strong Lakefront Activity, But Abundance Of Choices Translates Into Careful Attention To Detail Whether You Are A Buyer Or Seller on Oswego Lake

Lake Oswego’s waterfront real estate market update as of early November 2013:

Author information:  Court Olsen, Real Estate Broker , Realtor, Principal Broker for Cooper Jacobs Real Estate:  You can reach her here: 503-899-2968 : CO@CooperJacobs.com

There has been enough action in Lake Oswego’s waterfront real estate market over the last 30 days to note that sellers of Oswego Lake waterfront properties to be competitive whether you are a buyer or seller.  While only one lakefront property has closed in escrow officially, there are a number of them pending as detailed below. On the flip side, buyers have an abundance of CHOICES.  This translates to sellers needing to pay particular attention to price and presentation to stand out.    In either case, whether you are a buyer or a seller, there are different aspects of the market that should be taken into account.

What’s for sale on Oswego Lake right now?

Currently, there are 27 Active Lake Oswego waterfront homes for sale on the market in the MLS. These homes range in price from $479,000 to $7,900,000 with a relatively affordable median list price of $1,495,000.  The average dollar per square foot on these is $515 and the median days on market is 102 days with a range of 8 days to 398 days.

What has sold on Oswego lake in the last 30 days – pending Oswego lake waterfront homes sales that have not closed in escrow yet:

There are five Lake Oswego lakefront homes that are pending in escrow right now.  These range in price from $1,349,000 to $1,839,000 with a median list price of $1,579,900.  The median days on market for these 47 days and the average dollar per square foot for these is $401/foot.

Lake Oswego waterfront homes

Sold Lake Oswego Real estate numbers on the lake:

One Lake Oswego waterfront home that was listed in the MLS and is on the lake has closed in escrow. You can see full details here: lo waterfront sold detail 11032013, but basically it was an Oswego Lake waterfront home located at 2240 Summit Court.  It was listed for $2,595,000 and on the market for 93 days.  It has a final sales price of $2,375,000 which at 5036 square feet  is $472/square foot.

Here are the RMLS remarks for 2240 Summit Court:

Stunningly well built traditional w/commanding 180 degree views of Oswego Lake. Located on a rare cul-de-sac this timeless design was built w/tomorrow in mind; 3 stop elevator, floor to ceiling windows, great room concept, large recreation room w/ wet bar, 850 bottle self cooling wine cellar, safe room, large interior shop, oversized 3 vehicle garage, boat house, dock and lift!

There are some good choices for waterfront homes on Oswego Lake right now, and of these there is a good range of price and style.  You can find homes on both Lakers and Pacers side of the lake and also in a wide variety of waterfront types such as main lake, bay, and canals.  Just last week a beautiful home I have been photographing for months came on the market. I would be so excited to show anyone this particular home and the brokers open last week was obviously a hit.  Call me if you want to learn more about what is on the market, how much your home might be worth, or just Lake Oswego in general.  It is a great place to live and a wonderful place to move to.  I look forward to sharing it with you!

You can see Lake Oswego waterfront homes for sale on our site. We are also happy to show you out favorites and help you figure out what part of the lake is best for you.

You can also get in touch with me easily if you want direct help or  if you are interested in learning more:

Court Olsen Call or text me:  503-899-2968 email: CO@CooperJacobs.com

Cooper Jacobs Real Estate – Lake Oswego, West Linn,  and Portland Neighborhood Realtors

First Addition Neighborhood Real estate Market Update August 2013

Looking at the last 30 days of activity in Lake Oswego, Oregon’s First Addition neighborhood:First Addition neighborhood in Lake Oswego OR

Lake Oswego’s First Addition Real Estate is a hot commodity!  There are buyers looking actively in this neighborhood, so please let us know if you are even thinking about selling.  You might be surprised at how much your First Addition home is worth currently.  We recently sold a beautiful home on A Ave and are looking for inventory!

Here’s the scoop:

Active First Addition Neighborhood Homes Available

First Addition Homes For Sale In The RMLS which are active with no offers.  There are 9 First Addition homes available at the moment.  These range in price from $575,000 to $1,400,000 with a median list price of over a million dollars at $1,050,000. The median days on market for these homes is 21 days with a range of 5 days to 112 days and an average of 38 days on market. The average dollar per square foot of these First Addition listings is $271.  How big is your house? Wondering what updates you may or may not have to do to get it on the market in that dollar per square foot range? We can help and it won’t cost you anything for the information.

Pending First Addition Homes In The MLS

These are the ones with the offers which have not closed yet… There are 7 First Addition homes for sale which are currently pending listings in the RMLS.  They range in list price from $360,000 to $1,195,000 with a median list price of $825,000 and an average dollar per square foot of $304. The median days on market for these is 42 days.

SOLD!  Here are the sold First Addition listings:

Lake Oswego Realtors

Only one actual First Addition HOUSE listing has sold in the MLS in the last 30 days.  There are 2 sales categorized in residential, but one is a subdivided lot 1/2 acre lot located at 425 G Ave which sold on 7/15/2013.  It was listed for $550,000 and also sold for $550,000.   The First Addition home which sold is located at 740 7th St and was listed for $995,000 on 6/20/2013.  It sold on 7/10/2013 for $995,000.

First Addition Buyers looking for an Agent: As you can see from the numbers above, if you are looking at First Addition homes for sale, then there are not many First Addition listings out there and they sell fairly quickly. Terms are important.  Cash buyers are common. Competition is fierce.  You need to only talk to Lake Oswego Realtors who are willing to really structure your offer to stand out. If you are thinking about moving to Lake Oswego and wondering if your relocation should include First Addition, we are happy to talk you through some of the neighborhoods in the city.

More Info:  Court Olsen 503.899.2968  co@cooperjacobs.com

Village On The Lake Real Estate Update June 2013 Lake Oswego OR:

Village On The Lake Real Estate Update June 2013 Lake Oswego OR: Village On The Lake

It’s the last day of June 2013 – hard to believe it!  There has been a swarm of Village on the Lake real estate activity recently!  Some has been off market and some on market by Realtors in the MLS.  This information is on both.

Active Village On The Lake Homes For Sale: Currently there are two homes for sale in the Village On The Lake Neighborhood in Lake Oswego, Oregon. One of them located on Village Drive has a sign up, but is not listed in the MLS as of yet, however in speaking with the agent it is just under $900,000. Now that the tenants have moved out, I believe it may be going on the public MLS.   The other one of theVillage On The Lake Homes for sale is a two bedroom on View Lake Court that has been listed for about a month with an asking price of $1,295,000.  Both of these homes have great views of Oswego Lake and the neighborhood as a whole has one of the best Oswego Lake easements and marinas on the lake.

village on the lake living in lake oswego orPending Village On The Lake Homes For Sale: There is one home in the Village on the Lake community that is pending in escrow at the moment.  After just 12 days on the market this Village Drive home went pending on 6/19/2013.  It is rather large at 5247 square feet with 4 bedrooms and a nice view of Oswego Lake.  The asking price on this one was $1,295,000.

Closed Homes In Village On The Lake – Last six months: There are three official closed sales in the neighborhood ranging from $625,000 to $812,500 and an off market one that our own brokerage Cooper Jacobs Real Estate also closed on Friday for $775,000.

Here’s the candid scoop and details on those homes that sold in Village On The Lake in the last 6 months:

1579 Bay View Lane: 4 bedrooms, 4685 square feet finally sold on 5/29/2013 after 133 days on market for $625,000 by a different listing broker after being originally listed by Mary Stewart of

Village Drive homes

Home Trust Real Estate back in December of 2012 for $735,000.  This home has good views of Lily Bay and large square footage.  the floorplan is quite different for the majority of the neighborhood and is an upside down one with many of the bedrooms/living space downstairs.

15536 Village Drive: 5 bedrooms PLUS bonus space with a total square footage of 3874, this home’s final sales price was $775,000  sold byCooper Jacobs Real Estatejust this week on 6/28/2013.

1670 Village Park Ln: closed on 5/15/2013 after being on the market for 44 days.  It had a list price of $749,500 and a final sales price of $715,000. This home is a 4 bedroom with 3466 square feet and on a great street in the neighborhood.

Village On The Lake Marina Easement

1667 Village Park Lane: another great house on Village Park Lane, this 5 bedroom 5027 square foot home had previously been an auction home and sold back in September of 2012 for $525,000.  It was purchased and remodeled and put back on the market and originally listed at $975,000 on March 4th of 2012.  The sellers dropped the price down to $849,000 before it sold and a final sales price on 6/20/2013 was $812,500.

If you are interested in Village On The Lake orVillage On The Lake homes for sale, please get in touch with me.  It is a great neighborhood and I am happy to show you why.  If you are looking for Lake Oswego Realtor, we can help you find your next home or sell the one you are in for top dollar. LO@CooperJacobs.com