3435 Lake Grove Ave, LakeOswego, OR 97035
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
3435 Lake Grove Ave,LakeOswego, OR 97035
$1,480,000
- 4 Beds
- 3 Baths
- 3,022 sq. ft.
- Single family
- Active
Listed by:anne smith
Office:eleete real estate
MLS#:687582050
Source:PORTLAND
Price summary
- Price:$1,480,000
- Price per sq. ft.:$489.74
About this home
OPEN HOUSE Saturday 8/9 12-2pm. Must-see Lake Grove retreat on nearly a half acre. Tucked away in a fully fenced, park-like setting in the heart of Lake Oswego, this rare gem offers unmatched flexibility and charm. Featuring $250K+ in recent upgrades (see list), soaring ceilings, and a unique floor plan with a structurally attached guest suite/ADU—this property checks every box. The main home features 3 bedrooms, 2 full bathrooms, beautiful hardwoods, and a spacious primary suite with vaulted, beamed ceilings and large walk-in closet. The attached 1-bedroom ADU includes a private entrance, full bath, kitchenette, laundry, and large living area—perfect for guests, extended family, or income. Proven Income GeneratorBoth the main home and ADU have been operated as separate, highly rated Airbnb listings with strong rental history. The ADU alone has generated $25K–$40K annually. The main house has the potential to earn 2.5–3x that amount, based on prior usage. Listings and existing property management can transfer to the new owner for a truly turn-key, dual-income opportunity. Enjoy seamless indoor-outdoor living with a Hot Tub of Oregon spa, covered dining patio, serene pond with water feature, exterior sound system, firepit, and mature trees illuminated at night. Additional highlights include: 3-car garage, new roof with warranty, recent exterior paint, and access to three exclusive lake/boat easements—including the newly renovated Goodin easement. Whether you’re looking for a private sanctuary, an entertainer’s dream, or flexible income-generating potential, this one-of-a-kind home delivers. Seller open to creative financing.
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Home facts
- Year built:1978
- Listing Id #:687582050
- Added:64 day(s) ago
- Updated:August 14, 2025 at 11:18 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,022 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air 90
Structure and exterior
- Roof:Composition
- Year built:1978
- Building area:3,022 sq. ft.
- Lot area:0.45 Acres
Schools
- High school:Lake Oswego
- Middle school:Lake Oswego
- Elementary school:Lake Grove
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,480,000
- Price per sq. ft.:$489.74
- Tax amount:$10,077 (2024)
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Realty Partners are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: August 14, 2025New listings near 3435 Lake Grove Ave
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