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

email: brian@cooperjacobspdx.com

©Cooper Jacobs Real Estate PDX  – Lake Oswego Realtors

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