40 CRESTFIELD CT, Lake Oswego, OR 97035
Oak Creek · Clackamas County
Key Facts
Description
Welcome to this charming, turnkey top-floor condo in Lake Oswego, located in Clackamas County (lower property taxes). Set in the desirable Kingsgate Park community, this home offers a peaceful, woodsy setting that feels quiet and private—yet remains close to everything Lake Oswego has to offer.Inside, enjoy an open layout with vaulted ceilings, abundant natural light, and a cozy wood-burning fireplace. Efficient ductless mini-splits provide year-round comfort installed in summer 2025. The kitchen has been thoughtfully remodeled with granite slab countertops and updated appliances, and the bathroom features an updated glass shower door. A dedicated laundry room provides additional storage and everyday convenience. Step outside to your private corner balcony—perfect for morning coffee or evening sunsets—and enjoy the included secure storage area. Parking is easy with a deeded, covered space located right next to the unit, plus ample guest parking. Kingsgate Park stands apart from larger Mountain Park complexes with its small, quiet, and wooded feel, while still offering a beautifully maintained outdoor pool and clubhouse. HOA dues are reasonable, and include water, sewer, trash, and more—plus membership to the Mountain Park Rec Center.Conveniently located near I-5, Mountain Park trails, shopping, dining, and Lake Oswego’s sought-after amenities, this home offers a rare combination of tranquility, comfort, and location. A wonderful opportunity to own in one of Lake Oswego’s most desirable areas.
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
Contemporary
Year Built
1980
Stories
2
Living Area
690 sq ft
Days on Market
31
MLS® Listing#
742367057
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Parking
Patio
Lot Features
Construction
Foundation
Roof
Windows
Sewer
Water Source
Schools
- Elementary:
- Oak Creek
- Middle:
- Lake Oswego
- High:
- Lake Oswego
Financial Details
HOA
$484 / Monthly
Annual Taxes
$2,400
Tax year 2025
Parcel Number
00219622
Directions
SW Douglas/Jefferson Pkwy to Kingsgate to Crestfield Ct.
Affordability Calculator
$44,000
Estimated monthly payment
$1,171/mo
Principal $176,000 · Est. interest $245,536 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 77% below the area median.
- Its price per sq ft is 31% below 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
Oak Creek Elementary School
Elementary · 0.3 mi away
Champions at Oak Creek Elementary School
Elementary · 0.3 mi away
Art of Makeup School
School · 0.6 mi away
The Playschool at Mountain Park
Elementary · 0.7 mi away
Maayan Torah Day School
School · 0.8 mi away
West Hills Montessori School
Elementary · 0.8 mi away
TTSD Schools
Secondary · 1.2 mi away
International Leadership Academy
School · 1.2 mi away
Kidstrong Lake Oswego
School · 1.3 mi away
Markham Elementary School
Elementary · 1.3 mi away
Laker Club: the Parent Club of Lake Oswego High School
Secondary · 1.4 mi away
Village Montessori
Elementary · 1.4 mi away
Lake Oswego Senior High School
Secondary · 1.4 mi away
Jackson Middle School
Secondary · 1.4 mi away
Stephenson Elementary School
Elementary · 1.4 mi away
Lake Oswego School District
School · 1.4 mi away
Champions at Lake Grove Elementary School
Elementary · 1.4 mi away
Lake Grove Pta
Elementary · 1.4 mi away
Islamic School of Portland
School · 1.4 mi away
Uplands Elementary School
Elementary · 1.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 19821 HWY 58 512, Crescent Lake, OR | $175,000 | 1 | 1 | 616 |
| 100 KERR PKWY 19, Lake Oswego, OR | $185,000 | 1 | 1 | 617 |
| 47 EAGLE CREST DR 32, Lake Oswego, OR | $194,499 | 1 | 1 | 688 |
| 4 TOUCHSTONE 87, Lake Oswego, OR | $199,900 | 2 | 2 | 984 |
| 4 TOUCHSTONE, Lake Oswego, OR | $230,000 | 2 | 2 | 984 |
| 56 GALEN ST, Lake Oswego, OR | $239,995 | 2 | 2 | 989 |
Moving Cost Estimate
EXIT Agents in Lake Oswego
Listing Courtesy: Windermere Realty Trust - 5032971033
Presented by: Amy Rice
Last Updated: 2026-01-26