560 MILBURN CT, Lake Oswego, OR 97034

$1,100,000

5

Beds

3

Baths

0.43 ac

Property Size

1962

Year Built

About The Property

Mid-century retreat in prestigious Forest Highlands neighborhood. Tucked into a serene, tree-lined enclave just moments from Tryon Creek State Park, this 1962-built home offers the rare combination of architectural character, natural beauty, and meaningful system upgrades—creating an ideal canvas for your personal vision. Inside, classic mid-century design elements take center stage: soaring vaulted ceilings, exposed beams, and warm tongue-and-groove detailing that bring volume, texture, and timeless style. With 5 bedrooms, 3 full baths, and 4,146 square feet, the floor plan offers flexibility for a variety of living arrangements, creative spaces, or multi-generational needs. The heavy lifting has already been done. A meticulously maintained concrete tile roof, updated HVAC and water heater, electrical improvements, whole-house generator, updated water main, repaired sewer line, and refreshed front deck framing provide peace of mind—freeing you to focus on the design and style of the home. Separate exterior entrance to the lower level opens the door to a distinct living area—well-suited for multi-generational living, guest quarters, or flexible use depending on your needs. Wooded exteriors surrounding a calming back yard with apple, fig, pear and plum trees as well as producing blueberry bushes. Backing to protected greenspace within the Tryon Creek watershed, the property offers a tranquil, almost meditative connection to nature—yet remains just minutes from trailheads, bustling First Addition Lake Oswego, and top-rated Forest Hills Elementary School. Surrounded by luxury homes in one of the area’s most sought after neighborhoods, this is a rare opportunity to bring your vision to life in a setting that supports it. A compelling blend of location, architecture, and investment opportunity — ready for its next chapter.

ARCHITECTURE

Architecture Style: Mid-Century Modern
Stories: 2
Condition: Resale
Year Built: 1962
Roof Type: Tile
Foundation Details: Concrete Perimeter, Slab
Basement Details: Exterior Entry, Finished, Separate Living Quarters/Apartment

INTERIOR FEATURES

Heating Type: Forced Air
Fuel Type: Gas
Interior SqFt: 4146
Number of Fireplaces: 2
Fireplace Fuel: Wood Burning

EXTERIOR FEATURES

Lot Features: Gentle Sloping, Level, Terraced
Lot size (Acres): 0.43
Garage Spaces: 2
Water Source: Public Water
Sewer: Public Sewer
Garage Type: Attached

SCHOOLS

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

TAX & FINANCIAL

Annual Tax: $10115.02
Terms Considered: Cash, Conventional, VA Loan
Tax Year: 2025

LISTING INFO

Listing courtesy of LUXE Forbes Global Properties
Days On Market: 36

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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 - | 295494

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