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Property Description

Perfectly situated just a few blocks from the shores of Oswego Lake in the highly sought-after First Addition neighborhood, this pristine downtown Lake Oswego condominium offers the rare combination of luxury, simplicity, and true walkable lifestyle. Known for its vibrant sense of community, charming streets and rich culture including local theatre, arts, and year-round events, First Addition is one of Lake Oswego's most beloved places to live. Lovingly maintained by its original owner and used only a few months out of the year to escape Southern summers, the home remains in remarkably like-new condition and has been virtually untouched since 2020. Inside, the thoughtfully designed 2 bedroom, 2 bath layout offers approximately 1,025 square feet of light-filled living space with an open flow ideal for both everyday comfort and effortless entertaining. The home is perfectly sized for an executive lifestyle, a lock-and-leave retreat, or anyone seeking the ease of low-maintenance living in one of Lake Oswego's most desirable locations. Step outside and enjoy one of the most vibrant downtown districts in the region. From morning coffee to evening wine, some of downtown's favorite destinations are just a short stroll away, including Baird's on B, Salt & Straw, Bamboo Sushi, Holy Taco, Five Spice, and Domaine Serene's tasting room. Residents enjoy the security and convenience of gated access, assigned parking space and additional storage. With Oswego Lake, parks, boutique shopping, restaurants, farmers markets, and cultural amenities just blocks away, this home offers the perfect blend of peaceful living and vibrant downtown energy. A rare opportunity to enjoy Lake Oswego living in a beautifully preserved home that truly feels like new.

Overview

Property Status
For Sale
MLS ID
515294060
Property Type
Condo
Year Built
2007

Features & Amenities

Total Area
1,025 Sq.Ft.
Neighborhood
Lake Oswego
Architecture Styles
NWContemporary
Stories
1
Garage Spaces
1.0
Water Source
Public Water
Roof
Composition
Lot Features
Commons, Level
Parking
Deeded, Secured
Heat Type
Forced Air, Heat Pump
Air Conditioning
Central Air
Fireplace
Electric
Appliances
Builtin Oven, Dishwasher, Free Standing Refrigerator, Gas Appliances, Granite, Microwave, Stainless Steel Appliance
Other Interior Features
Granite, Hardwood Floors, High Ceilings, Soaking Tub, Tile Floor, Washer Dryer
Sewer
Public Sewer
Disability Features
Accessible Elevator Installed, Accessible Entrance, Accessible Hallway, Ground Level, Main Floor Bedroom Bath, Minimal Steps, Parking, Utility Room On Main, Walkin Shower
HOA Amenities
Commons, Exterior Maintenance, Gas, Gated, Management, Sewer, Trash, Water
Security Features
Handicap Access, Intercom Entry, Security System
Other Exterior Features
Fenced, Gas Hookup, Patio, Sprinkler
Elementary School
Forest Hills
Middle School
Lake Oswego
High School
Lake Oswego
Sales Price
$974,900
Real Estate Tax
$7,291/yr
HOA
$634/mo

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535 2ND ST

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