725 Carrera Ln, Lake Oswego, OR 97034

$1,399,900

5

Beds

3

Baths

0.67 ac

Property Size

1981

Year Built

About The Property

Price Improvement! With just short of 3800 sqft feet and over 1/2 set among the trees, this is an exceptional opportunity to purchase within the coveted Forest Highlands neighborhood! This 5 bedrooms, plus bonus room and loft is so private, sitting on a culdesac capped street and yard lined with trees. This home is such an amazing opportunity! The tear down price in the neighborhood is $1.1m, highest end home range around $4m…don’t miss the chance to purchase a large home within this well established neighborhood! Exterior was painted in June. The main floor welcomes you with soaring vaulted ceilings & abundant natural light, floating staircase and a layout built for entertaining…Master on the Main! Spacious kitchen is designed for both everyday living and effortless entertaining, featuring island, extensive counter space, and plentiful cabinetry, with a dedicated dining room just off the kitchen. The luxurious primary suite on the main level, serves as a private retreat, complete with a spa-inspired en suite bath designed for relaxation & rejuvenation. Additional three 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, a play structure, fire pit area, and ample space to enjoy the privacy and possibilities that come a 1/2 acre + in Lake Oswego. This home is tax valued 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: 179

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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 - | 751459

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