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Deeded Easement Rights To Private Oswego Lake

September 5, 2015 By

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

Filed Under: Lake Oswego, Lake Oswego Easement Homes, Lake Oswego Living, Lake Oswego Luxury Homes, Lake Oswego Neighborhoods, Lake Oswego Real Estate, Moving To Lake Oswego, Moving To PDX, Portland Suburbs, Relocating to Lake Oswego Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

Relocating to Lake Oswego Oregon: First Addition Neighborhood Highlight

March 17, 2014 By
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

503-899-2968  bco@cooperjacobs.com

Filed Under: First Addition, Lake Oswego, Lake Oswego Neighborhoods, Lake Oswego Real Estate, Moving To PDX, Portland Living, Portland Luxury Homes, Portland Suburbs, Relocating to Lake Oswego Tagged With: , , , , , , , , , , , , ,

Welcome Lake Oswego Real Estate Broker Brian Olsen To Our Team!

March 9, 2014 By

Welcome Lake Oswego Based Real Estate Broker Brian Olsen to our Portland Cooper Jacobs Real Estate Branch!

Brian comes to us with many years of experience in the real estate field across the Pacific Northwest. He is an avid marketer to his client’s benefit, and also has a background in mortgage and real estate over the last eight years.  We are so pleased to have him as part of the team because he is such a savvy people person and we know clients will love him. Brian lives in Lake Oswego and is an excellent resource for anything LO and real estate.  You can reach Brian at 503-899-2968 or Brian@CooperJacobs.com

About Cooper Jacobs Real Estate’s Portland Branch And Why People Want to Represent This Brokerage:

Cooper Jacobs Real Estate offers a great package of perks and prides itself as being one of the most tech savvy brokerages in the Pacific Northwest. We have three offices across Seattle and Portland and our Brokers pride themselves on excellent customer service.  We use the combination of tech skills and high level of customer service to benefit our many satisfied and repeat clients and look forward to working with you, too!

If you are interested in working for a Portland Brokerage that is doing it differently, please feel free to visit our careers page and learn more about our Portland Real Estate Agent Careers.  We provide have a low company dollar threshold, no monthly fees, and no “nickel and diming”. Our brokers also enjoy free company leads. We want hard working brokers who are interested in a career and representing us in the best light possible.  In return, we promote YOU. careers@cooperjacobs.com

Welcome to the team, Brian! Let Brian know if you are interested in Lake Oswego Real Estate

Filed Under: Articles, Headlines, Lake Oswego, Lake Oswego Real Estate, Portland Real Estate Careers Tagged With: , , , , , ,

First Addition Homes For Sale In Lake Oswego, OR

February 9, 2014 By

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

Filed Under: First Addition, Lake Oswego, Lake Oswego Neighborhoods, Lake Oswego Real Estate Tagged With: , , , , , , , , , ,

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

November 4, 2013 By

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

Filed Under: Lake Oswego Luxury Homes, Lake Oswego Neighborhoods, Lake Oswego Waterfront Homes, Portland Luxury Homes, Portland Real Estate, Portland Waterfront Homes Tagged With: , , , , , , , , , , , , ,

First Addition Neighborhood Real estate Market Update August 2013

August 18, 2013 By

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

Filed Under: First Addition, Lake Oswego, Lake Oswego Luxury Homes, Lake Oswego Neighborhoods, Moving To PDX, Portland Real Estate Tagged With: , , , , , ,

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

June 18, 2013 By

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

Filed Under: Lake Oswego, Lake Oswego Neighborhoods, Village On The Lake Tagged With: , , , , , , , ,

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