725 CARRERA LN, Lake Oswego, OR 97034

$1,500,000

5

Beds

Baths

0.67 ac

Property Size

1981

Year Built

About The Property

Exceptional opportunity in the coveted Forest Highlands neighborhood! This 5-bedroom (master on the main), 3-bathroom, three-level residence offers refined comfort on .67 of an acre, timeless design, and generous indoor-outdoor living. This is a well established neighborhood with longtime residents…homes don’t come available too often. While this home has been updated in the last 20 years…the opportunity to re-imagine the space is an incredible opportunity! The main floor welcomes you with soaring vaulted ceilings & abundant natural light, floating staircase and a layout built for entertaining! The spacious kitchen is designed for both everyday living and effortless entertaining, featuring a large island, extensive counter space, and plentiful cabinetry, with a dedicated dining room just off the kitchen. The luxurious primary suitenon the main level, serves as a private retreat, complete with a spa-inspired en suite bath designed for relaxation & rejuvenation. Additional bedrooms provide flexibility for guests, home office needs, or multi-generational living, while a versatile flex/bonus room adapts beautifully as a media room, gym, or creative space. The lower level features a huge second living area anchored by a vaulted wet bar and a cozy fireplace, perfect for movie nights or quiet evenings in. Outdoors, the expansive grounds offer room to roam and unwind with a play set, fire pit area, and ample space to enjoy the privacy and possibilities that come with over a 1/2 acre in Lake Oswego. Lake oswego high school, culdesac privacy, and a home with just under 4000sqft offers endless updating possibilities. Assessed at over $2mm!

ARCHITECTURE

Architecture Style: NW Contemporary
Stories: 3
Condition: Updated/Remodeled
Year Built: 1981
Roof Type: Composition
Foundation Details: Slab
Basement Details: Full Basement

INTERIOR FEATURES

Heating Type: Forced Air
Fuel Type: Gas
Interior SqFt: 3780
Number of Fireplaces: 2
Fireplace Fuel: Wood Burning

EXTERIOR FEATURES

Lot Features: Greenbelt, Private, Trees
Lot size (Acres): 0.67
Garage Spaces: 2
Water Source: Public Water
Sewer: Public Sewer
Garage Type: Oversized

SCHOOLS

Elementary: Forest Hills
High School: Lake Oswego
Middle: Lake Oswego

TAX & FINANCIAL

Annual Tax: $17090.64
Terms Considered: Cash, Conventional
Tax Year: 2025

LISTING INFO

Listing courtesy of Opt | 503-679-6618
Days On Market: 101

Map Location

Property Map

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 185819

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