Date
Details
Price
Change
Source
3/12/2026
Listed
$974,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/27
$974,900
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1/27
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.
Full Property Details
Full Property Details for 535 2nd St #207
General
- Price: $974,900
- HOA FEE: $634/month
- Taxes: $7,290 (2025)
- Status: Active
- Type: Condo
- Source: RWMLS
- MLS ID: 515294060
- Updated: 3/19/2026
- Added to Site: 7 day(s) ago
Interior
- Interior Features: Granite, Hardwood Floors, High Ceilings, Soaking Tub, Tile Floor, Washer/Dryer
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Electric
- Appliances: Built-in Oven, Dishwasher, Free-Standing Refrigerator, Gas Appliances, Granite, Microwave, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 14 x 10, Main, 140 Sq. Ft.
- Bedroom 2: 14 x 10, Main, 140 Sq. Ft.
Other Rooms
- Living Room: 20 x 13, Main, 260 Sq. Ft.
- Kitchen: 13 x 8, Main, 104 Sq. Ft.
- Dining Room: Main
Additional Information
- Shared Amenities: Commons, Exterior Maintenance, Gas, Gated, Management, Sewer, Trash, Water
- Security/Safety: Handicap Access, Intercom Entry, Security System
Exterior
- Exterior Features: Fenced, Gas Hookup, Patio, Sprinkler
Parking
- Garage: Yes
- Total Spaces: 1
- Parking Features: Deeded, Secured
Location
- County: Clackamas
- Subdivision: FIRST ADDITION, 1ST ADDITION
- Driving Directions: State St to B & 2nd - Located in the 555 Building
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: NW Contemporary
- Roof: Composition
- Windows: Vinyl Frames
- Stories/Levels: 1
- Square Feet: 1,025
- Year Built: 2007
- Property Condition: Resale
Lot Features
- Frontage: Paved
- Lot Features: Commons, Level
Financial Considerations
- Association Fee: $634
- Assoc Fee Freq.: Monthly
- Tax Amount: $7,290.97
- 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: 5021805
Listed by Keller Williams Realty Portland Premiere (503) 597-2444, Veronica Park (503) 250-0667
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Listing agent
— 535 2nd St #207 —
Veronica Park
Keller Williams Realty Portland Premiere
503-597-2444
503-250-0667
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 535 2nd St #207
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 535 2nd St #207
Tax History
Tax History for 535 2nd St #207
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,291
3%
$380,489
3%
2024
$7,097
3%
$369,407
3%
2023
$6,888
12%
$358,648
6%
2021
$6,173
-8%
$338,061
-3%
2022
$6,684
8%
$348,202
6%
2021
$6,173
5%
$328,215
3%
2019
$5,870
5%
$318,656
3%
2018
$5,582
4%
$309,375
3%
2017
$5,386
10%
$300,364
3%
2016
$4,902
4%
$291,616
3%
2015
$4,736
6%
$283,122
3%
2014
$4,477
12%
$274,876
9%
2013
$4,011
—
$251,620
—
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 535 2nd St #207
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535 2nd St #207, Lake Oswego, OR 97034 (MLS# 515294060) is a Condo property with 2 bedrooms and 2 full bathrooms. 535 2nd St #207 is currently listed for $974,900 and was received on March 12, 2026. Want to learn more about 535 2nd St #207? 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.