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$1,598,500
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Property Description
Nestled in the heart of Lake Oswego's coveted First Addition/Forest Hills neighborhood, this stunning 2012 custom-built Craftsman offers timeless design, modern comfort, and elegant spaces in a premier location. Thoughtfully designed with both form and function in mind, the home features four spacious bedrooms upstairs, including an oversized primary suite with a spa-inspired ensuite bath and a generous walk-in closet. As you step inside, you're welcomed by the expansive living room filled with natural light, centered around a cozy gas fireplace flanked by custom built-ins. This warm and inviting space flows seamlessly into a grand formal dining room-perfect for large gatherings and holidays-with direct access to one of two outdoor decks. Just beyond the dining room, French doors open to a large main-level den, offering flexible space for a home office, library, or playroom. The gourmet kitchen is a true showstopper, with high-end appliances, custom cabinetry, and plenty of room to cook and connect. A spacious mudroom keeps daily life organized and leads to a detached one-car garage. Outside, enjoy two thoughtfully designed decks and a fully fenced backyard-ideal for relaxing, entertaining, or letting pets and kids play freely. Located just blocks from Lake Oswego's vibrant downtown, this home offers unbeatable access to top-rated schools, farmer's markets, boutique shopping, cafes, and the Lake Theater & Café. The First Addition neighborhood is one of the city's most beloved areas, known for its charming tree-lined streets, friendly community feel, and walkability. Families are drawn to the area for its proximity to award-winning Lake Oswego schools, which consistently rank among the best in Oregon for academics, athletics, and student support. From the quality craftsmanship to the flexible floor plan and unbeatable location, this is a rare opportunity to own a truly special home in one of the most desirable neighborhoods in Lake Oswego.
Full Property Details
Full Property Details for 785 3rd St
General
- Sold For: $1,598,500
- Taxes: $17,314 (2024)
- Status: Sold
- Type: Single Family
- Source: RWMLS
- MLS ID: 318740990
- Added to Site: 253 day(s) ago
Interior
- Interior Features: Hardwood Floors, High Ceilings, Laundry, Soaking Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Built-in Oven, Dishwasher, Gas Appliances, Granite, Island, Microwave, Pantry
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Partial Bathrooms: 1
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: 13 x 18, Main, 234 Sq. Ft.
- Bedroom 2: 11 x 14, Upper, 154 Sq. Ft.
- Bedroom 3: 9 x 14, Upper, 126 Sq. Ft.
- Bedroom 4: 11 x 15, Upper, 165 Sq. Ft.
Other Rooms
- Living Room: 18 x 24, Main, 432 Sq. Ft.
- Kitchen: 14 x 15, Main, 210 Sq. Ft.
- Dining Room: 11 x 18, Main, 198 Sq. Ft.
- Mud Room: Main
Exterior
- Exterior Features: Covered Deck, Fenced, Porch, Sprinkler, Yard
Parking
- Garage: Yes
- Total Spaces: 1
- Parking Features: Driveway
Location
- County: Clackamas
- Driving Directions: From State St, W on D St, N on 3rd St to home
School Information
- Midd School District: Lake Oswego
- Elementary School: Forest Hills
- Middle School: Lake Oswego
- High School: Lake Oswego
Community
- Community Name: 147 - Lake Oswego, West Linn
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air - 90%
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: Craftsman
- Basement Desc.: Crawl Space
- Roof: Composition
- Windows: Double Pane Windows, Vinyl Frames
- Stories/Levels: 2
- Square Feet: 3,010
- Year Built: 2012
- Property Condition: Approximately
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Paved
- Lot Features: Level
Financial Considerations
- Tax Amount: $17,314.98
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: 193944
Listed by eXp Realty, LLC (888) 814-9613, Lauren Sheehan (503) 329-5131
Sold by MORE Realty (503) 353-6673, Jonathan Cotton
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Schools
Schools serving 785 3rd St
School District:Lake Oswego School District 7j
| Name | Grades | Distance |
|---|---|---|
Forest Hills Elementary School 1133 Andrews Road, Lake Oswego, OR 97034 | K-5 | 0.5 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 | 1.8 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 785 3rd St
Date
Details
Price
Change
Source
8/20/2025
Sold
$1,598,500
-8.66%
MLS
5/27/2025
Price Reduced
$1,750,000
-10.26%
MLS
5/07/2025
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
785 3rd St, Lake Oswego, OR 97034 (MLS# 318740990) is a Single Family property that was sold at $1,598,500 on August 20, 2025. Want to learn more about 785 3rd St? Do you have questions about finding other Single Family 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.

