Deeded Easement Rights To Private Oswego Lake

The lake which the name Lake Oswego refers to isn’t available to boat on for all… Oswego Lake is a private lake.

A lot of people moving to Portland or moving to Lake Oswego don’t always know this. Now, there are some court filings trying to change that, but it will most likely stay private for a number of reasons.In order to get on the lake in your boat you will need to become a shareholder and purchase on of the Lake Oswego waterfront homes for sale or join an easement. There are 20 Lake Oswego easements which provide deeded access to 3000 homes in the city.

A home can have deeded rights to more than one easement and residents from that home are allowed to join any and/or all of the Oswego Lake easements that are deeded to their home or they can join none.

A little more detail from the Lake Corp:

LOC owns 20 lakeside properties, Easements, that supply deeded lake access privileges to over 3,000 homeowners in the surrounding area. Each easement is governed by its own individual set of by-laws and has its own volunteer board of directors. Facilities and rate structures vary from easement to easement. Call our offices to get confirmation of your property’s eligibility and to find out which easement(s) you are entitled to join.

Buying a home with lake rights –

This method is the most affordable alternative to Lake Oswego waterfront and there are boat slips in many of the easements. Here is a great one that we have listed now (pictured above as well).

3119 Wembley Park Rd

Want to boat on the lake?  Deeded rights to four easements on Oswego Lake come with this beautiful luxury home.  Listed at $1,125,000 Here is the description from the MLS listing for this property:

Fabulous location in Lake Oswego’s Uplands neighborhood! Perfect floor plan has 4 Bedrooms PLUS bonus room on upper level. Better than new home w/ fully integrated indoor/outdoor living including SONOS sound system throughout. Live the quintessential LO water lifestyle & join one or more of FOUR Lake Easements. This home has everything you want w/ perks like main level home office, Chefs Kitchen, Bonus Room, Sport Court & 3 car garage.

Call/Text Brian Olsen at Cooper Jacobs Real Estate PDX for more info:

Brian Olsen 503-853-5506


©Cooper Jacobs Real Estate PDX  – Lake Oswego Realtors

Lake Oswego Schools Foundation Support

We are very excited about our Lake Oswego Schools Foundation support!

We look forward to writing donation checks to the Lake Oswego Schoools Foundation and are excited to support this great foundation that actually makes a huge difference for our schools!

Please reach out if you need help buying or selling in Lake Oswego: or 503-899-2968

Relocating to Lake Oswego Oregon: First Addition Neighborhood Highlight

First Addition Lake Oswego

Relocating to Lake Oswego, Oregon:  First Addition Neighborhood Highlight

First Addition Real Estate: Lake Oswego’s First Addition neighborhood is located in Clackamas County. Currently, the median house value is $975,000 compared to $375,025 for Clackamas County which says a lot about how desirable the First Addition neighborhood is. $715 per square foot of house is the median. Wow, this neighborhood is valuable. Median house values in Lake Oswego as a whole is a little less at $699,900.  You can find all homes in Lake Oswego that are for sale in the MLS here:  Lake Oswego Homes FOR SALE

The multiple listing service currently has six active First Addition properties for sale. They range in price from $999,000 to $540,000 for 2,377 square feet and three bedrooms plus two bathrooms. The most expensive property has 3,328 of newly constructed home in 2014. Loaded with five bedrooms, three bathrooms and elegant craftsman detail and warmth. This home specifically has gracious master suite with dual closets and designer master bathroom. Keep in mind this is desirable as part of the historic First Addition package due to the fact many of the homes are originally built in the early Nineteenth Century and have been updated to modern standards, or have not. Homes with older bathrooms tend to be smaller with less storage. The First Addition homes FOR SALE have high walking scores right around 80 out of 100 meaning very walkable. The charming city of Lake Oswego is right down the street.

A Little About Lake Oswego’s First Addition Neighborhood History:

For starters the FIRST ADDITION neighborhood of Lake Oswego plays an important role in our history. In order to get to know the quaint architecture take the guided walking tour so you can see the different styles. Buildings like craftsman, gothic, colonial revival and vernacular and English cottage. The Lake Oswego Chamber of Commerce provides maps to explore. Back in 1847 Oswego was founded by Albet Alonzo Durham who was inspired by Oswego, New York to name our area.

The first Lake Oswego, Oregon industry was a sawmill on Sucker Creek. In 1878 the Oswego Iron Company was created when purchased from the original owners that discovered iron ore in the Tualatin Valley. The railroad was laid down through Oswego in 1886 which led to development and hundreds of workers settling here to work at the Oswego Iron and Steel Company. This industry quickly developed our region and neighborhoods like First Addition became home to people investing in entrepreneurial ventures. An opera house was created and churches, general stores, banks, saloons, drug stores and hotels were constructed to settle Lake Oswego. Today, homeowners in First Addition enjoy strolling to the Lake Oswego PUBLIC LIBRARY and the famous farmers market. Neighbors walk to grocery stores and restaurants and Millennium Plaza Park is really close. Here children can play in water fountains and on grass fields while folks watch boaters out cruising Oswego Lake.

Please let us know if this sort of lifestyle is what you are looking for. We can assist you in exploring Lake Oswego’s First Addition neighborhood and all of Portland’s suburbs. We love what we do!

Brian Olsen, Lake Oswego Realtor  Cooper Jacobs Real Estate


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