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3435 Lake Grove Ave, Lake Oswego, OR 97035

$1,399,000
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Property Description

Open houses Saturday 5/16 11am-1pm and Sunday 5/17 1pm-3pm. This design-forward Northwest Contemporary residence occupies a private, level, nearly half-acre flag lot in Lake Grove. The moment you step into the backyard, the city fades completely, surrounding you with the scent of a deep forest, towering mature trees, an outdoor fireplace, a fire pit, and a pond announced by the sound of its running stream. It feels like time in the wilderness, yet you are just a 7-minute walk to lake access and three exclusive boat easements. Inside, light-filled spaces showcase soaring vaults and timeless character. Premium hardwoods flow through the main level, where you'll find a living room anchored by a fireplace, two comfortable bedrooms, and a study. The entire upper level is dedicated to a primary suite retreat, showcasing vaulted beamed ceilings, a massive walk-in closet, and an ensuite bathroom with a separate soaking tub and shower. A separate exterior entrance opens into a fully functional 1,010-square-foot secondary residence with its own kitchenette, laundry, and guest quarters, ideal for extended family or turn-key income. A flex entry allows this wing to easily join the main structure for single-family use. Enjoy indoor-outdoor living with a covered dining patio, Hot Tub of Oregon spa, and an integrated indoor/exterior Sonos sound system. The private driveway opens to a spacious parking motor court with dedicated spaces for the ADU wing and three total garage spaces. High-value mechanical assets include central air, a mini-split system, a new roof, and a new HVAC system. Top-tier Lake Oswego schools and premier local dining are just minutes away.

3435 Lake Grove Ave | MLS# 538675106

This single family home located at 3435 Lake Grove Ave, Lake Oswego, OR 97035 is currently listed for sale with an asking price of $1,399,000. This property was built in 1978 and has 4 bedrooms and 3 full baths with 2865 sq. ft. Lake Grove Ave is located in the LAKE GROVE subdivision. Search LAKE GROVE real estate on dianelozito.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: Central Air, MiniSplit
Fenced: Yes
Fireplaces: 1
Fuel Type: Electricity, Gas
Garage: 3 car attached
Heating: ENERGY STAR Qualified Equipment, Forced Air95Plus,
Home Style: 2 Story, NW Contemporary
Lot Size: 0.45 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $10,353
Year Built: 1978
Square Feet: 2,865

Feature Descriptions

Bathroom: 1.0 (Main), 2.0 (Upper)
Days on Site: 3
Exterior: Cement Siding, Wood Siding
Exterior: AccessoryDwellingUnit, Covered Deck, Deck, Fenced, Fire Pit, Free-Standing Hot Tub, Guest Quarters, Outdoor Fireplace, Porch, Second Garage, Second Residence, Security Lights, Sprinkler, Water Feature, Yard
Fireplace: Gas
Hot Tub: Yes
Hot Water: Gas
Interior: AccessoryDwellingUnit, Ceiling Fan(s), Dual Flush Toilet, Garage Door Opener, Granite, Hardwood Floors, High Ceilings, High Speed Internet, Jetted Tub, Laundry, Separate Living Quarters-Apartment-Aux Living Unit, Skylight, Soaking Tub, Sound System, Tile Floor, Vaulted Ceiling(s), Wainscoting, Washer-Dryer, Wood Floors
Kitchen: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, Granite, Microwave, SolidSurfaceCountertop, Stainless Steel Appliance(s), Tile
Lot: Flag Lot, Level, Pond, Private, Secluded, Trees
Parking Notes: Attached, Driveway, ParkingPad
Sewer: Public Sewer
Special View Info: Trees/Woods
Square Footage: 1649 (Main), 1216 (Upper)
Water: Public Water

Room Sizes

Guest Quarters: 7 X 12 Level - Upper
2nd Bedroom: 13 X 11 Level - Main
3rd Bedroom: 13 X 10 Level - Main
Dining Room: 14 X 6 Level - Main
Kitchen: 15 X 10 Level - Main
Living Room: 20 X 16 Level - Main
Primary Bedroom: 23 X 16 Level - Upper

Local Schools

High School: Lake Oswego
Middle School: Lake Oswego
Elementary School: Lake Grove

Listed By / Shown By

Listed By

Agency Name: Realty First
Agency Contact: 503-200-9606

Shown By

Agent Name: Diane Lozito Broker
Agent Phone: (541) 306-9646
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 8,344.90 per month $7,074.11 Principal & Interest $862.75 Property Tax $408.04 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/18/2026. The listing information on this page last changed on 05/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 05/18/2026 7:09:16 AM EST) or RMLS (last updated Sat 05/16/2026 1:50:22 AM EST) or COAR/MLSCO (last updated Mon 05/18/2026 1:31:20 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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