Close
Portland Real Estate Experts

Lake Oswego Real Estate Guide

ALL ABOUT LAKE OSWEGO

Located in Clackamas County, Lake Oswego is one of the most affluent suburbs of Portland with some of the highest-priced real estate in the area. Located just south of Portland, Lake Oswego surrounds the 405-acre Oswego Lake, and from the bluffs surrounding the lake you will find beautifully situated million dollar homes and lush, carefully preserved scenery.

Lake Oswego hosts a perfect sized downtown area full of boutiques, restaurants and meeting places. Outdoor art graces each downtown block, and the town is enhanced by beautiful hanging baskets, plaza plantings and green trees everywhere.Held early each summer, the Lake Oswego Festival of the Arts has been in operation since 1961. The three-day event showcases the visual arts, performance and artist demonstrations. The City of Lake Oswego Parks and Recreation department provides a variety of recreational and community services for all ages and abilities year round.

It's a proud community of approximately 35,000 residents with limited commercial development and light manufacturing. Lake Oswego offers full-service police and fire protection, a top ranked library, and an award-winning senior center, as well as some of the best schools in Oregon. In fact, the schools in Lake Oswego rate among the best in the county, with more than 80% of high school students going on to attend college. The city benefits from easy commuter and recreational access to nearby cities, including the great city of Portland - only minutes away.

LAKE OSWEGO HISTORY

Until the mid-1800s, Lake Oswego was a sleepy assembly of homesteads and farms between the Willamette and Tualatin Rivers in Oregon. The town of "Oswego" was founded in 1847 by Albert Alonzo Durham. He secured the first Donation Land Claim, and named the town after his birthplace in New York. Due to the discovery of iron ore in the Tualatin valley in the min 1800's, Oswego became a booming city. It boasted a growing population, four general stores, a bank, two barber shops, two hotels, three churches, nine saloons, and Davidson's drugstore. An opera house proved to be a profitable investment. Until 1886, when a narrow gauge railroad between Portland and Oswego was built, Oswego was a remote place. It could be reached only by river boats and narrow dirt roads. The Southern Pacific Railroad acquired the line before the end of the century and widened it to standard gauge. In 1914, it was electrified. The rapid, clean, and quiet trains stimulated residential development in Oswego in the 1920s and 1930s. Residential development around the perimeter of Oswego Lake accelerated in the 1940s and '50s. With the annexation of part of Lake Grove to the west in 1960, the name of the city was changed to Lake Oswego.

LAKE OSWEGO LOCATION AND SCHOOLS

  • Lake Oswego
  • Lake Oswego
  • Lake Oswego
  • Lake Oswego
  • Lake Oswego
  • Lake Oswego
  • Lake Oswego
  • Lake Oswego
  • Lake Oswego
  • Lake Oswego
  • Lake Oswego
  • Lake Oswego
  • Lake Oswego

Lake Oswego is comprised of 19 different neighborhood associations, with the most notable being First Addition, West Lake, Lake Grove, South Shore, North Shore, Barrington Heights and Mountain Park. All of the residents work together to preserve and maintain the pristine beauty of Lake Oswego. By working closely with city officials to set up traffic-calming strategies, establish growth design guidelines and to maintain the city's warm and inviting feel, homeowners are assured to have made good investments in their homes and community.

Millennium Plaza Park is touted as Lake Oswego's living room, a gathering area for many of the local community events including concerts and the Farmer's Market. With excellent shopping and dining and fabulous views of the lake, downtown is a must-see when visiting Lake Oswego.

Lake Oswego is known for it's exceptional schools and prides itself in its public education system. Comprised of nine elementary schools, two middle schools and two high schools, there are over 300 school instructors to only 7,000 students. In addition to an excellent education system, Lake Oswego is home to 24 public parks, one amphitheater, community centers, a public golf course, tennis courts, soccer fields and numerous picnic shelters & running paths.

LAKE OSWEGO REAL ESTATE

Lake Oswego offers luxurious hilltop abodes, modern estates, and custom new construction homes, as well as a wide assortment of beautiful historical properties. Lake Oswego is one of the most expensive real estate neighborhoods in Portland, particularly the homes on directly on Oswego Lake.

A historic walking tour guide is available from the Lake Oswego Chamber of Commerce. It showcases the First Addition, the second oldest neighborhood in Lake Oswego. The tour includes houses built in many architectural styles, including Gothic, Craftsman, Colonial Revival, Vernacular and English Cottage.

Search for Homes for Sale in Lake Oswego

LAKE OSWEGO PARKS AND RECREATION

Lake Oswego provides many opprtunities for family-friendly active fun, including 27 beautiful parks, the city-owned Water Sports Center on the Willamette River, two public swimming facilities on the 405-acre Oswego Lake, a self-financed 18-hole golf course, indoor tennis center, and outdoor amphitheater right along the river. These amenities, managed by the City's Parks and Recreation department, help promote Lake Oswego as a place to "live where you play."

Lake Oswego Library: The award-winning Lake Oswego Public Library provides over a quarter-million titles that include an array of materials for all ages, such as books, including best sellers and large print titles, magazines, newspapers, audio books, music, and computer software. There are specifically tailored sections for teens and children. The Library welcomes over 1,000 visitors each day. Friendly librarians respond to your needs and are happy to help you locate any information.

Lake Oswego Farmers' Market: One of our favorite events in Lake Oswego is the weekly farmers market that occurs each Saturday from May through October. Last year of 110,000 people visited this European style market in downtown Lake Oswego that showcases the region's finest agricultural products. Boasting an average of over 80 vendors each week, the Lake Oswego Farmers' Market provides a vast array of product variety while maintaining the purity of an agricultural market.  Delight in finding a wide variety of produce, meats, eggs, honey, nuts, cheeses, artisan breads, jams and jellies and fresh seafood. There are also a number of wonderful refreshment vendors that are sure to appeal to everyone. With choices such as organic donuts, omelets, fresh breads, burritos, waffles and cupcakes, there is something for everyone.

FAVORITE RESTAURANTS

Scratch: 149 A Ave Lake Oswego, OR 97034 - Scratch is a fine dining restaurant with a focus on world cuisines.  Scratch is owned and operated by Chef Patrick Lee Warner. Chef Warner uses seasonal ingredients sourced from artisan and organic local farms and businesses.  The menu changes monthly, and of course, everything is made from scratch.

Kurata: 450 5th St Lake Oswego, OR 97034 - The best sushi shop in the Portland area is one you’ve probably never heard of: Kurata, a small mom-and-pop operation in Lake Oswego, offers great nigiri, sashimi and maki items. The menu showcases great cooked items, too!

Gubanc's Pub: 16008 Boones Ferry Rd Lake Oswego, OR 97035 - Folks in Lake Oswego have long cherished Gubanc's for its homemade soups, especially the Hungarian mushroom on Fridays! You will always get fresh, well prepared dishes served by a friendly local staff. Real home style cooking!

Riccardo's Ristorante: 16035 Boones Ferry Rd Lake Oswego, OR 97035 - Fine dining on Portland's southern rim has long been dominated by Riccardo's with the smart Italian room and stylish patio along Boones Ferry Road.  Shopworn standards such as vitello saltimbocca find liftoff with fatless, medium-rare veal medallions studded with fresh sage, fontina and prosciutto;  a two-fisted spaghetti con ragu arrives with Marche meat sauce. Yum!

Oswego Grill: 7 Centerpointe Dr Lake Oswego, OR 97035 - Oswego Grill is a fantastic upscale bar in Lake Oswego with great happy hour specials. Oswego Grill offers daily drink deals and food specials that you won't want to miss, in an unbeatable scenic location.

Five Spice Seafood + Wine Bar: 315 1st Ave Ste 201 Lake Oswego, OR 97034 - Lake Oswego's favorite lakeside restaurant is now even better as chef Paul Mitchell and sommelier Tim Mattera have teamed up to create an intriguing combination of seafood, meat dishes and one of the best wine selections in town!

 

Download a PDF map of Portland Neighborhoods