1,196 Sq. Ft.
$1,003 / Sq. Ft.
1,196
Sq. Ft.
$1,003
per Sq. Ft.

Description

Perfectly positioned in the heart of downtown Lake Oswego, this beautiful 2 bed, 2 bath ground level condominium offers style, comfort, and effortless convenience. The space feels bright and open with high ceilings, expansive windows, and a refined corner location on the ground floor. This coveted garden level corner unit provides a peaceful connection to the outdoors and offers practical everyday advantages, including convenient access for those with small pets and an easy route in and out of the...Perfectly positioned in the heart of downtown Lake Oswego, this beautiful 2 bed, 2 bath ground level condominium offers style, comfort, and effortless convenience. The space feels bright and open with high ceilings, expansive windows, and a refined corner location on the ground floor. This coveted garden level corner unit provides a peaceful connection to the outdoors and offers practical everyday advantages, including convenient access for those with small pets and an easy route in and out of the building. The kitchen is both functional and inviting, featuring stainless appliances and generous cabinetry that flows easily into the living and dining areas. The primary bedroom enjoys its own adjoining bath, creating a layout that offers both privacy and connection. Residents of this secure mid rise community appreciate gated parking, professional management, and the peaceful setting of just 30 homes. Built in 2007, the building offers the best of downtown living with the lake, parks, cafes, and the weekend farmers market, while still maintaining a quiet residential feel. This unit delivers the sophistication and simplicity that make Lake Oswego living so desirable.
  1. Listed by Tonya Bunick • Avery Bunick Properties • maryjo@averybunickproperties.com

Property Details for 527 2nd Street

Style
Custom Style
Subdivision
FIRST ADDITION
Parking Features
Off Street, Secured
Garage Spaces
1.00
Parking Total
1.00
LISTING UPDATED: 01/27/2026 01:06 PM

Property Details for 527 2nd Street

StatusActive
MLS #729159413
Days on Market84
Taxes$8,839 / year
HOA Fees$661 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2007
CountyClackamas County

Location

Listing Courtesy of Avery Bunick Properties
Add your commute

Building Information for 527 2nd Street

Building/Complex527 2nd StFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built2007

Payment Calculator

$7,246 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,848

Property Taxes

$737

HOA Dues

$661

The Payment Calculator is for illustrative purposes only.

Property Information for 527 2nd Street

Summary
Location and General Information
  • Accessibility Features: One Level, Walkin Shower
  • Country: US
  • Directions: State St to B Ave to 2nd St - Building 555
  • Unit Location: Ground Floor
School Information
  • Elementary School: Forest Hills
  • High School: Lake Oswego
  • Middle Or Junior School: Lake Oswego
Parking
  • Garage Type: Shared
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $8,838.69
  • Parcel Number: 05021799
  • Association Fee: $661.00
  • Association Fee Frequency: Monthly
  • Tax Legal Description: CONDOMINIUM FIVE FIFTY-FIVE SECOND STREET CONDOMINIUMS 4253 UNIT
Property
Lot Information
  • Lot Description: Level
  • SqFt Source: Tax
Property and Assessments
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Resale
  • Year Built: 2007
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air, Heat Pump
  • Hot Water Description: Gas, Recirculating
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cedar, Stone
  • Exterior Features: Fenced, Patio, Sprinkler
  • Roof Type: Composition
Interior Features
  • Foundation Details: Slab
  • Fireplace Description: Gas
  • Fireplaces Total: 1
  • Interior Features: Granite, Hardwood Floors, Intercom, Laundry, Tile Floor, Wallto Wall Carpet, Washer Dryer
  • SqFt Calculated: 1196
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 1196
  • SqFt Upper Level Total: 0
  • Bedrooms Total: 2
  • Stories: 1
  • Baths Total: 2.0
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Additional Features: Ensuite, Walkin Closet, Walkin Shower, Wallto Wall Carpet
  • Primary Bedroom Level: Main
  • Primary Bedroom SqFt: 180
  • Primary Bedroom Length: 15
  • Primary Bedroom Width: 12
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Length: 14
  • Bedroom 2 Width: 10
  • Bedroom 2 Level: Main
  • Bedroom 2 SqFt: 140
  • 2nd Bedroom Additional Features: Wallto Wall Carpet
Dining Room
  • Room Description: Dining Room
  • Dining Room Features: Bay Window, Kitchen Dining Room Combo
  • Dining Room Length: 10
  • Dining Room Width: 9
  • Dining Room Level: Main
  • Dining Room SqFt: 90
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Builtin Oven, Builtin Range, Builtin Refrigerator, Disposal, Island, Microwave, Range Hood, Tile
  • Kitchen Room Features: Gourmet Kitchen, Hardwood Floors, Island
  • Kitchen RoomLength: 17
  • Kitchen RoomWidth: 9
  • Kitchen Room Level: Main
  • Kitchen Room SqFt: 153
Living Room
  • Room Description: Living Room
  • Living Room Features: Balcony, Builtin Features, Fireplace, Patio, Sliding Doors
  • Living Room Length: 18
  • Living Room Width: 16
  • Living Room Level: Main
  • Living Room SqFt: 288
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 0.0
  • Baths Main Level Full: 2
  • BathsMainLevelPartial: 0
  • Baths Main Level Total: 2.0
  • Bathrooms Full: 2
  • Baths Partial: 0
  • Total Bathrooms: 2
  • Baths Upper Leve lFull: 0
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 0.0
Additional Room 1
  • Additional Room 1 Description: Entry
  • Additional Room 1 Level: Main
Additional Room 2
  • Additional Room 2 Description: Laundry
  • Additional Room 2 Length: 6
  • Additional Room 2 Level: Main
  • Additional Room 2 SqFt: 30
  • Additional Room 2 Width: 5
Additional Room 4
  • Additional Room 4 Features: Hardwood Floors
Additional Room 5
  • Additional Room 5 Additional Features: Tile Floor
Condominium
Condominium Information
  • Condo Association Contact: Invest West Mgmt-Corey Downing
  • Condo Association Name: Five Fifty-Five Second Street
  • Condo Association Phone: 360-635-7901
  • Condo Association Email: cdowning@iwmhoa.com or nlambert@iwmhoa.com
  • Condo Floor Plan: One Level
  • Condo Garage Type: Other
  • Condo Parking Space No: 21
  • Condo Storage Unit No: S101
  • Condo Units In Complex: 30
  • Condo Washer Dryer: Included In Unit
  • Condo Total Levels: 4
Amenities
Amenities Information
  • Association Amenities: Commons, Exterior Maintenance, Gas, Management, Sewer, Trash, Water
Multi Family
Multi-Family Information
  • Security Features: Entry
  • SqFt Approximate Building Total: 1196

Property History for 527 2nd Street

DateEvent & SourcePriceAppreciation
Oct 15, 2008

Sold (Public Record)

Public Record #258050494

$519,079
DateEvent & SourcePrice
10/15/2008

Sold (Public Record)

Public Record #258050494

$519,079

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 527 2nd Street

Taxable ValueLand-Additions-Total-
Tax Record2025$8,839 ($737 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,196 SqFtAbove Grade Finished SqFt1,196 SqFtStyleCondominiumYear Built2007CountyCLACKAMASAPN21E03DD80101

Schools near 527 2nd Street

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
Charter - 9 to 12
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

Harmony Academy
Charter9 to 12

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.

Similar Homes

Similar Sold Homes

527 2nd Street is a condo for sale in Lake Oswego, OR 97034. This property was listed for sale on November 16, 2025 by Avery Bunick Properties, it's currently listed at $1,199,900. It has been on the market for a total of 84 days and was last sold on October 15, 2008. 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. 527 2nd Street is a 2-bed, 2-bath, 1,196 sqft condo built in 2007.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Avery Bunick Properties

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: 01/27/2026 01:06 PM