Active
3 beds3,255 sqft$613/sqft
199 Pine Valley Rd, Lake Oswego, OR 97034
Est: $11,360/moGet pre-approved
Single FamilyProperty Type
0.78 acresLot Size
1948Year Built
$613/sq ftPrice per sq ft
3 carsParking Spaces

Description

Sitting above Oswego Lake with beautiful water views from the rooms that matter most, this mid-century home is all about the setting, the lifestyle and the opportunity. Walls of windows bring the lake into the kitchen, dining room and expansive living room, while vaulted ceilings, warm wood details and classic mid-century character give the home a personality that feels nostalgic, cool and full of possibility. The unique setting includes a rare double tax lot totaling approximately 0.78 acres, offering...Sitting above Oswego Lake with beautiful water views from the rooms that matter most, this mid-century home is all about the setting, the lifestyle and the opportunity. Walls of windows bring the lake into the kitchen, dining room and expansive living room, while vaulted ceilings, warm wood details and classic mid-century character give the home a personality that feels nostalgic, cool and full of possibility. The unique setting includes a rare double tax lot totaling approximately 0.78 acres, offering an incredible opportunity to make it your own. Embrace the mid-century character already here, update it to fit your style, and create something truly special in a location that would be nearly impossible to recreate. The three-bedroom, three-and-a-half-bath layout offers comfortable spaces to gather, while the expansive back patio extends the living space outdoors—perfect for dinner with friends, morning coffee or simply sitting back and taking in the lake views. And then there’s the lifestyle. The home belongs to the coveted Forest Hills Lake Easement, putting lake access just a short walk away. Stroll into downtown Lake Oswego for coffee, dinner, boutiques, the farmers market and community events, with the Lake Oswego Country Club right nearby. Lake views, lake access, approximately 0.78 acres across two tax lots, mid-century character and downtown Lake Oswego at your fingertips. Bring your vision and make this one your own.
Days on Market Listed Today
  • Listed by: Allison Greiner • Opt 503-341-1225
  • Listed by: Ed Buchman • Opt
Last updated: 09/05/2026 11:24 AM • Source: RMLS, MLS#: 213241735

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Location

Listing Courtesy of Opt
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$11,360 per month

30 year fixed, 6.55% Interest

Principal and Interest

$10,140

Property Taxes

$1,219

HOA Dues

$0

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Property Information for 199 Pine Valley Road

Property Details
  • Taxes: $14,632 / year
  • MLS Type: Residential / Single Family Residence
  • Style: Mid Century Modern, NWContemporary
  • Parking Features: Driveway
  • View: Lake
  • Garage Spaces: 3.00
  • Parking Total: 3.00
Building Information
  • Stories: 2
  • Year Built: 1948
  • Lot Size: 0.78 AC / 33,976 SF
Summary
Location and General Information
  • Accessibility Features: Garageon Main, Main Floor Bedroom Bath, Minimal Steps
  • Country: US
  • Directions: Iron Mountain To Pine Valley
  • Road Surface: Paved
School Information
  • Elementary School: Forest Hills
  • High School: Lake Oswego
  • Middle Or Junior School: Lake Oswego
Parking
  • Garage Type: Attached
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $14,632.06
  • Parcel Number: 01562605
  • Tax Legal Description: 1992-38 PARTITION PLAT PARCEL 1 515 FOREST HILLS PT LT 8
Property
Lot Information
  • Acres: 0.78
  • Lot Description: Private, Trees
  • Lot Size Square Feet: 33976.0
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
  • SqFt Source: Trio
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Resale
  • Year Built: 1948
Utilities
  • Fuel Description: Gas
  • Heating Description: Baseboard
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Exterior Features: Patio, Yard
  • Roof Type: Shake
  • Waterfront Description: Lake
  • Water Name: Lake Oswego
Interior Features
  • Basement: None
  • Fireplace Description: Gas, Wood Burning
  • Fireplaces Total: 2
  • Interior Features: Garage Door Opener, Hardwood Floors, Laundry, Skylight, Soaking Tub, Wallto Wall Carpet
  • SqFt Calculated: 3255
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 2738
  • SqFt Upper Level Total: 517
  • Bedrooms Total: 3
  • Stories: 2
  • Baths Total: 3.1
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Additional Features: Soaking Tub, Walkin Closet, Walkin Shower, Wallto Wall Carpet
  • Primary Bedroom Level: Main
  • Primary Bedroom SqFt: 224
  • Primary Bedroom Length: 14
  • Primary Bedroom Width: 16
  • Primary Bedroom Features: Bathroom
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Length: 12
  • Bedroom 2 Width: 16
  • Bedroom 2 Level: Main
  • Bedroom 2 SqFt: 192
  • 2nd Bedroom Additional Features: Closet, Wallto Wall Carpet
Bedroom 3
  • Room Description: _3rd Bedroom
  • Bedroom 3 Length: 16
  • Bedroom 3 Width: 21
  • Bedroom 3 Level: Upper
  • Bedroom 3 SqFt: 336
  • 3rd Bedroom Features: Bathroom
  • 3rd Bedroom Additional Features: Soaking Tub, Walkin Closet
Dining Room
  • Room Description: Dining Room
  • Dining Room Length: 14
  • Dining Room Width: 18
  • Dining Room Level: Main
  • Dining Room SqFt: 252
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Dishwasher, Free Standing Range, Free Standing Refrigerator, Island, Pantry, Stainless Steel Appliance
  • Kitchen Room Features: Dishwasher
  • Kitchen Room Additional Features: Free Standing Range, Free Standing Refrigerator
  • Kitchen RoomLength: 15
  • Kitchen RoomWidth: 16
  • Kitchen Room Level: Main
  • Kitchen Room SqFt: 240
Living Room
  • Room Description: Living Room
  • Living Room Features: Fireplace
  • Living Room Length: 17
  • Living Room Width: 28
  • Living Room Level: Main
  • Living Room SqFt: 476
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 0.0
  • Baths Main Level Full: 2
  • BathsMainLevelPartial: 1
  • Baths Main Level Total: 2.1
  • Bathrooms Full: 3
  • Baths Partial: 1
  • Total Bathrooms: 4
  • Baths Upper Leve lFull: 1
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 1.0
Additional Room 1
  • Additional Room 1 Description: Laundry
  • Additional Room 1 Length: 7
  • Additional Room 1 Level: Main
  • Additional Room 1 SqFt: 112
  • Additional Room 1 Width: 16
Additional Room 4
  • Additional Room 4 Additional Features: Sink, Washer Dryer
Amenities
Amenities Information
  • Association Amenities: Lake Easement
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 3255

Public Records for 199 Pine Valley Road

Taxable ValueLand-Additions-Total-
Tax Record2025$14,632 ($1,219 / month)
Home Facts
Beds3Baths2Total Finished SqFt3,255 SqFtAbove Grade Finished SqFt3,255 SqFtStories1Lot Size16,887 SqFtStyleSingle Family ResidenceYear Built1948ZoningR-10CountyCLACKAMASAPN21E10BB04901Fireplace TypeHas Fireplace

Schools near 199 Pine Valley Road

This home is within Lake Oswego School District 7j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Forest Hills Elementary School
PublicK to 5

Lake Oswego Junior High School
Public6 to 8

Lake Oswego Senior High School
Public9 to 12

Palisades World Language School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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199 Pine Valley Road is a single family home for sale in Lake Oswego, OR 97034. This listing's school district is Lake Oswego School District 7j. Nearby schools include Forest Hills Elementary School, Lake Oswego Junior High School and Lake Oswego Senior High School. 199 Pine Valley Road is a 3-bed, 4-bath, 3,255 sqft single family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Opt

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 09/05/2026 11:24 AM