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$1,199,900
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Property Description
Perfectly positioned in the heart of downtown Lake Oswego, this beautiful 2 bed, 2 bath ground level condominium offers style, comfort, and effortless convenience. The space feels bright and open with high ceilings, expansive windows, and a refined corner location on the ground floor. This coveted garden level corner unit provides a peaceful connection to the outdoors and offers practical everyday advantages, including convenient access for those with small pets and an easy route in and out of the building. The kitchen is both functional and inviting, featuring stainless appliances and generous cabinetry that flows easily into the living and dining areas. The primary bedroom enjoys its own adjoining bath, creating a layout that offers both privacy and connection. Residents of this secure mid rise community appreciate gated parking, professional management, and the peaceful setting of just 30 homes. Built in 2007, the building offers the best of downtown living with the lake, parks, cafes, and the weekend farmers market, while still maintaining a quiet residential feel. This unit delivers the sophistication and simplicity that make Lake Oswego living so desirable.
Full Property Details
Full Property Details for 527 2nd St
General
- Price: $1,199,900
- HOA FEE: $661/month
- Taxes: $8,838 (2025)
- Status: Active
- Type: Condo
- Source: RWMLS
- MLS ID: 729159413
- Updated: 11/19/2025
- Added to Site: 62 day(s) ago
Interior
- Interior Features: Granite, Hardwood Floors, Intercom, Laundry, Tile Floor, Wall to Wall Carpet, Washer/Dryer
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Built-in Oven, Built-in Range, Built-in Refrigerator, Disposal, Island, Microwave, Range Hood, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 15 x 12, Main, 180 Sq. Ft.
- Bedroom 2: 14 x 10, Main, 140 Sq. Ft.
Other Rooms
- Living Room: 18 x 16, Main, 288 Sq. Ft.
- Kitchen: 17 x 9, Main, 153 Sq. Ft.
- Dining Room: 10 x 9, Main, 90 Sq. Ft.
- Laundry: 6 x 5, Main
Additional Information
- Shared Amenities: Commons, Exterior Maintenance, Gas, Management, Sewer, Trash, Water
- Security/Safety: Entry
Exterior
- Exterior Features: Fenced, Patio, Sprinkler
Parking
- Garage: Yes
- Total Spaces: 1
- Parking Features: Off Street, Secured
Location
- County: Clackamas
- Subdivision: FIRST ADDITION
- Driving Directions: State St to B Ave to 2nd St - Building 555
School Information
- Elementary School: Forest Hills
- Middle School: Lake Oswego
- High School: Lake Oswego
Community
- Community Name: 147 - Lake Oswego, West Linn
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Heat Pump
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: Custom Style
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,196
- Year Built: 2007
- Property Condition: Resale
Lot Features
- Lot Features: Level
Financial Considerations
- Association Fee: $661
- Assoc Fee Freq.: Monthly
- Tax Amount: $8,838.69
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: CONDOMINIUM FIVE FIFTY-FIVE SECOND STREET CONDOMINIUMS 4253 UNIT
- Disclosures/Reports: Disclosure
- Property ID: 5021799
Listed by Avery Bunick Properties (503) 799-3839, Tonya Bunick (503) 467-6875
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Schools
Schools serving 527 2nd St
School District:Lake Oswego School District 7j
| Name | Grades | Distance |
|---|---|---|
Forest Hills Elementary School 1133 Andrews Road, Lake Oswego, OR 97034 | K-5 | 0.6 mi |
Lake Oswego Junior High School 2500 Country Club Road, Lake Oswego, OR 97034 | 6-8 | 1.8 mi |
Lake Oswego Senior High School 2501 Country Club Road, Lake Oswego, OR 97034 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 527 2nd St
Date
Details
Price
Change
Source
11/10/2025
Listed
$1,199,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 527 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,839
3%
$461,259
3%
2024
$8,603
3%
$447,825
3%
2023
$8,350
12%
$434,782
6%
2021
$7,483
-8%
$409,825
-3%
2022
$8,103
8%
$422,119
6%
2021
$7,483
5%
$397,889
3%
2019
$7,115
5%
$386,300
3%
2018
$6,766
4%
$375,049
3%
2017
$6,529
10%
$364,125
3%
2016
$5,943
4%
$353,519
3%
2015
$5,742
6%
$343,222
3%
2014
$5,422
12%
$333,225
10%
2013
$4,849
—
$304,210
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 527 2nd St
527 2nd St, Lake Oswego, OR 97034 (MLS# 729159413) is a Condo property with 2 bedrooms and 2 full bathrooms. 527 2nd St is currently listed for $1,199,900 and was received on November 16, 2025. Want to learn more about 527 2nd St? Do you have questions about finding other Condo real estate for sale in Lake Oswego? You can browse all Lake Oswego real estate or contact a Coldwell Banker agent to request more information.

