Last Sold Price
2 beds1,555 sqft$656/sqft
550 N Shr Rd, Lake Oswego, OR 97034

Description

Welcome home in the heart of Lake Oswego! A perfect condo alternative that features beautiful lake views, two bedrooms, an office with 2 full baths. This home has been lovingly maintained with gleaming hardwoods, stunning paneling and expansive outdoor living and also offers wonderful updates - windows, roof & HVAC system. There are 3 deeded lake easements you can choose to join for extra fun in the summer!Welcome home in the heart of Lake Oswego! A perfect condo alternative that features beautiful lake views, two bedrooms, an office with 2 full baths. This home has been lovingly maintained with gleaming hardwoods, stunning paneling and expansive outdoor living and also offers wonderful updates - windows, roof & HVAC system. There are 3 deeded lake easements you can choose to join for extra fun in the summer!
LISTING CLOSED: 04/04/2025 12:00 AM

  1. Listed by Karen McLaughlin • Windermere Realty Trust • karenmclaughlin@windermere.com

Property Details for 550 North Shr Road

Status
MLS #
24308583
Days on Market
1
Taxes
$6,724 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1960
Lot Size
0.14 AC / 6,098 SF
Style
Custom Style, Mid Century Modern
Parking Features
Driveway, On Street
View
Lake, Territorial
Garage Spaces
2.00
Parking Total
2.00

Recent comparable sales

Median sold price

$927,000

Avg days on market

50

Sale-to-list ratio

97.4%

Lake Oswego, OR

9 comparable properties found

$942,500 | 762 9th Street, Lake Oswego, OR 97034
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1

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Bedrooms
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Square Feet
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Acres
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Square Feet
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Sold 05/18/26

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Bedrooms
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Square Feet
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Acres
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Sold 05/06/26

2
Bedrooms
1,778
Square Feet
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Acres
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5

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Sold 12/08/25

2
Bedrooms
1,457
Square Feet
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Acres
$760,000 | 628 1st Street, Lake Oswego, OR 97034
1/39
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2
Bedrooms
1,776
Square Feet
Unavailable
Acres
a backyard of a house with garden and outdoor seating
1/40
7

$735,000

Sold 08/06/26

2
Bedrooms
1,392
Square Feet
Unavailable
Acres
$830,000 | 4983 Bilford Lane, Lake Oswego, OR 97035
1/48
8

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Sold 05/16/25

2
Bedrooms
1,753
Square Feet
0.14
Acres
9

$1,020,000

Sold 04/01/25

2
Bedrooms
2
Bathrooms
1,690
Square Feet
0.14
Acres

Location

Listing Courtesy of Windermere Realty Trust

Sold By Windermere Realty Trust

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Building Information for 550 North Shr Road

Stories2Year Built1960Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$5,745 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,185

Property Taxes

$560

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 550 North Shr Road

Summary
Location and General Information
  • Country: US
  • Directions: State St to Northshore
  • Road Surface: Paved
School Information
  • Elementary School: Forest Hills
  • High School: Lake Oswego
  • Middle Or Junior School: Lake Oswego
Parking
  • Garage Type: Attached, Tuck Under
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $6,724.41
  • Parcel Number: 00255592
  • Tax Legal Description: 507 LAKEWOOD #1 PT LTS 199&200
Property
Lot Information
  • Acres: 0.14
  • Lot Description: Level, Private, Sloped
  • Lot Size Square Feet: 6098.0
  • Lot Size Dimension: 6,142 sf
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
  • SqFt Source: Measure
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Resale
  • Year Built: 1960
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Lap Siding
  • Exterior Features: Deck, Fenced, Patio, Yard
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space, Exterior Entry, Finished
  • Foundation Details: Concrete Perimeter
  • Window Features: Double Pane Windows
  • Fireplace Description: Gas
  • Fireplaces Total: 1
  • Interior Features: Garage Door Opener, Hardwood Floors, Laundry, Skylight, Soaking Tub, Tile Floor
  • SqFt Calculated: 1392
  • SqFt Lower Level Total: 163
  • SqFt Main Level Total: 1392
  • SqFt Upper Level Total: 0
  • Bedrooms Total: 2
  • Stories: 2
  • Baths Total: 2.0
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Additional Features: Double Closet
  • Primary Bedroom Level: Main
  • Primary Bedroom SqFt: 168
  • Primary Bedroom Length: 14
  • Primary Bedroom Width: 12
  • Primary Bedroom Features: Hardwood Floors
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Length: 12
  • Bedroom 2 Width: 12
  • Bedroom 2 Level: Main
  • Bedroom 2 SqFt: 144
  • 2nd Bedroom Features: Hardwood Floors
  • 2nd Bedroom Additional Features: Closet
Dining Room
  • Room Description: Dining Room
  • Dining Room Features: Hardwood Floors
  • Dining Room Length: 12
  • Dining Room Width: 10
  • Dining Room Level: Main
  • Dining Room SqFt: 120
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Pantry, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance, Tile
  • Kitchen Room Features: Disposal, Kitchen Dining Room Combo
  • Kitchen Room Additional Features: Tile Floor
  • Kitchen RoomLength: 12
  • Kitchen RoomWidth: 10
  • Kitchen Room Level: Main
  • Kitchen Room SqFt: 120
Living Room
  • Room Description: Living Room
  • Living Room Features: Fireplace, Hardwood Floors
  • Living Room Length: 21
  • Living Room Width: 15
  • Living Room Level: Main
  • Living Room SqFt: 315
Baths
  • Baths Lower Level Full: 1
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 1.0
  • Baths Main Level Full: 1
  • BathsMainLevelPartial: 0
  • Baths Main Level Total: 1.0
  • 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: Laundry
  • Additional Room 1 Length: 5
  • Additional Room 1 Level: Main
  • Additional Room 1 SqFt: 45
  • Additional Room 1 Width: 9
Additional Room 2
  • Additional Room 2 Description: Office
  • Additional Room 2 Length: 12
  • Additional Room 2 Level: Lower
  • Additional Room 2 SqFt: 96
  • Additional Room 2 Width: 8
Additional Room 4
  • Additional Room 4 Features: Builtin Features, Exterior Entry
Additional Room 5
  • Additional Room 5 Additional Features: Closet, Suite
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 1555

Schools near 550 North Shr 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
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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 550 North Shr Road, Lake Oswego, OR 97034
$1,020,000
2
1,555
6,098
$1,020,000
2
2
1,690
6,141
$925,000
4
2,646
5,227
3
3
2,836
7,547
3
2,030
5,000
$2,600,000
4
3,766
7,405

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.

Listing Courtesy of Windermere Realty Trust

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: 04/06/2025 11:23 AM