242 G AVE, Lake Oswego, OR 97034
Clackamas County
Key Facts
Description
Designed for those who value both beauty and ease, this exclusive collection of eight modern cottages offers a rare opportunity for elevated living in Lake Oswego’s sought-after First Addition neighborhood. Clean lines, curated materials, and versatile interiors create homes that feel both timeless and distinctly current, thoughtfully crafted to simplify daily life while flexible with changing needs. Well-proportioned two and three-bedroom floorplans support remote work, welcoming guests, creative pursuits, and quiet retreat, complemented by open, light-filled living spaces, refined finishes, and everyday conveniences that enhance comfort and livability. The intimate, centrally oriented community fosters a sense of calm and connection, while low-maintenance ownership provides the freedom to enjoy nearby shops, cafés, parks, and top-rated schools. More than a place to live, this is a boutique residential experience where flexibility, craftsmanship, and enduring style come together in a setting designed for life well lived.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Cottage / CustomStyle
Year Built
2026
Stories
3
Living Area
1,172 sq ft
Days on Market
28
MLS® Listing#
479158395
Property Features
Appliances
Flooring
Basement
Parking
Patio
Lot Features
Roof
Sewer
Water Source
Schools
- Elementary:
- Forest Hills
- Middle:
- Lake Oswego
- High:
- Lake Oswego
Financial Details
HOA
None
Parcel Number
New Construction
Directions
3rd St
Affordability Calculator
$159,980
Estimated monthly payment
$4,257/mo
Principal $639,920 · Est. interest $892,745 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lake Oswego, OR
- $970,370
- Median Listing Price
- 165
- Median Days on Market
- 2,306
- Median Sq Ft
- $461
- Median Price / Sq Ft
- 254
- Active Listings
- This home’s price is 18% below the area median.
- Its price per sq ft is 48% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lake Oswego, OR.
Location
Points of Interest in Lake Oswego, OR
Showing the Lake Oswego area map.
Nearby Schools
Oswego Playschool
Elementary · 0.4 mi away
Our Lady of the Lake Parish
School · 0.5 mi away
Champions at Forest Hills Elementary School
Elementary · 0.5 mi away
Forest Hills Elementary School
Elementary · 0.5 mi away
Community Arts Pre-School
School · 0.8 mi away
Oak Grove Elementary
Elementary · 1.1 mi away
Riverdale Grade School
Elementary · 1.1 mi away
New Urban High School
Secondary · 1.2 mi away
Hallinan Elementary School
Elementary · 1.4 mi away
Chinese American International Sch
School · 1.4 mi away
Park Academy
School · 1.5 mi away
Prometric
School · 1.6 mi away
King's Kids Christian School
School · 1.7 mi away
Milwaukie High School
Secondary · 1.8 mi away
Lake Oswego Senior High School
Secondary · 1.8 mi away
Uplands Elementary School
Elementary · 1.8 mi away
Champions at River Grove Elementary
Elementary · 1.8 mi away
Laker Club: the Parent Club of Lake Oswego High School
Secondary · 1.8 mi away
Lake Oswego School District
School · 1.8 mi away
St. John the Baptist Catholic School
School · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 17 BRITTEN CT, Lake Oswego, OR | $589,900 | 3 | 3 | 1,972 |
| 139957 Pine Creek Loop, Crescent Lake, OR | $599,000 | 3 | 2 | 1,702 |
| 53476 Arrow Gap Road, Silver Lake, OR | $599,000 | 3 | 2 | 2,026 |
| 142016 Blue Sky Way, Crescent Lake, OR | $599,000 | 4 | 3 | 2,088 |
| 9 BRITTEN CT, Lake Oswego, OR | $599,900 | 3 | 3 | 1,972 |
| 4520 LOWER DR, Lake Oswego, OR | $615,000 | 3 | 3 | 1,750 |
Moving Cost Estimate
EXIT Agents in Lake Oswego
Listing Courtesy: LUXE Forbes Global Properties - 5033892112
Presented by: Terry Sprague
Last Updated: 2026-02-13