535 2ND ST #207, Lake Oswego, OR 97034 | MLS #515294060 | Berkshire Hathaway HomeServices Northwest Real Estate
 
Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 515294060MLS ProviderContact Information: 503-250-0667

535 2ND ST #207Lake Oswego, OR 97034

Condo · 2 Beds · 2 Full Baths · 1,025 Sq. ft.
$924,900 Active

535 2ND ST #207 Overview

Time on Site:
109 days
Visits:
6

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.

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535 2ND ST #207 Facts & Features

  • Type Condo
  • Sq. ft. 1,025
  • Price/Sq.ft. $902

Details

General

Association/HOA

  • Association Amenities: Commons,Exterior Maintenance,Gas,Gated,Management,Sewer,Trash,Water
  • Association Fee: 634.0
  • Association Fee Frequency: Monthly

School Information

  • Elementary School: Forest Hills
  • Middle Or Junior School: Lake Oswego
  • High School: Lake Oswego

Building Information

  • Year Built: 2007

Location/Region

  • Country: US
  • County Or Parish: Clackamas
  • MLS Area Major: 147 - Lake Oswego, West Linn
  • Subdivision Name: FIRST ADDITION, 1ST ADDITION

Tax Information

  • Tax Annual Amount: 7290.97
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 05021805
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 1.0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Partial: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 1025.0

General Information

  • Accessibility Features: Accessible Elevator Installed,Accessible Entrance,Accessible Hallway(s),Ground Level,Main Floor Bedroom w/Bath,Minimal Steps,Parking,Utility Room On Main,Walk-in Shower
  • Appliances: Built-in Oven,Dishwasher,Free-Standing Refrigerator,Gas Appliances,Granite,Microwave,Stainless Steel Appliance(s)
  • Cooling: Central Air
  • Fireplace Features: Electric
  • Fireplaces Total: 1
  • Heating: Forced Air,Heat Pump
  • Interior Features: Granite,Hardwood Floors,High Ceilings,Soaking Tub,Tile Floor,Washer/Dryer
  • Security Features: Handicap Access,Intercom Entry,Security System
  • Stories: 1
  • Stories Total: 4
  • Window Features: Vinyl Frames

Unit Information

  • Unit Number: 207

Exterior

Parking Information

  • Parking Features: Deeded,Secured
  • Parking Total: 1.0

Lot Information

  • Lot Features: Commons,Level
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: NW Contemporary
  • Roof: Composition

General Information

  • Exterior Features: Fenced,Gas Hookup,Patio,Sprinkler
  • Sewer: Public Sewer

535 2ND ST #207 Neighborhood

Community

97034 (Lake Oswego) Demographics

49
Median Age
2,466
Population Density (per sq. mile)
79%
College Educated
$129,435
Estimated Median Income
6,226
Estimated Total Home Owners
1,929
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

535 2ND ST #207 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

535 2ND ST #207 Market Data

Based on the last 30 days in this zip code

$1,863,058
Average List Price
$579
Average Price per Square Foot
20
Properties Sold
89
Average Days on Market
225
Properties for Sale
Calculations provided by Reliance Network

535 2ND ST #207 History

Date Event Value Agent
6/5/2026Source: Regional MLS Price Reduction
$924,900 -5.1%
3/12/2026Source: Regional MLS Added to Database
March 12, 2026