3435 LAKE GROVE AVE Active Save Request In-Person Tour Request Virtual Tour
Lake Oswego,OR 97035
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,022 sqft
Price per Sqft $522
MLS Listing ID 687582050
Style Stories2, N W Contemporary
Bedrooms 4
Full Baths 3
Year Built 1978
Annual Tax Amount $10,076
Tax Year 2024
Lot Size 0.450 Acres
Property Sub-Type Single Family Residence
Property Description
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.
Location
State OR
County Clackamas
Area _147
Interior
Heating Forced Air90
Cooling Central Air, Mini Split
Fireplaces Number 1
Fireplaces Type Gas
Exterior
Exterior Feature Accessory Dwelling Unit, Covered Deck, Deck, Dog Run, Fire Pit, Free Standing Hot Tub, Guest Quarters, Porch, R V Parking, Security Lights, Spa, Sprinkler
Parking Features Attached
Garage Spaces 3.0
Roof Type Composition
Building
Lot Description Level, Pond, Private
Story 2
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Lake Grove
Middle Schools Lake Oswego
High Schools Lake Oswego
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional