5501 Rachel Lane

Lake Oswego, OR 97035

$1,250,000
Price
4
Beds
2
Baths
2
1/2 Baths
3,669 Sq. Ft.
$341 / Sq. Ft.
3,669
Sq. Ft.
$341
per Sq. Ft.

Description

Discover an exquisite custom home nestled in a serene neighborhood. Crafted by renowned local architect "Whitehouse Collection" this residence exudes luxury and elegance at every turn. The grand entry welcomes you with soaring ceilings and abundant natural light, while the meticulously designed interior features plantation shutters, soaring ceilings, 8' solid doors, a substantial office with a fireplace, and an open formal dining area for hosting memorable gatherings. The heart of the home lies in...Discover an exquisite custom home nestled in a serene neighborhood. Crafted by renowned local architect "Whitehouse Collection" this residence exudes luxury and elegance at every turn. The grand entry welcomes you with soaring ceilings and abundant natural light, while the meticulously designed interior features plantation shutters, soaring ceilings, 8' solid doors, a substantial office with a fireplace, and an open formal dining area for hosting memorable gatherings. The heart of the home lies in the modern kitchen, with a central island, gorgeous maple cabinetry, a convenient pantry, an oversized copper sink, a prep sink, and stainless steel appliances. Adjoining the kitchen is a welcoming family room, enhanced by built-in shelving, a second gas fireplace, a wall of windows, and glass doors that open to the patio and lush yard beyond. Retreat to the luxurious primary suite, where you'll find a generous walk-in closet, a custom-designed shower, a double vanity, and a sumptuous soaking tub, perfect for unwinding after a long day. Two additional bedrooms, one featuring a finished hidden room ideal for a play area or additional storage, plus an oversized laundry room on the upper level. Downstairs, the fully finished lower level offers versatility and convenience with a kitchenette, large bonus room, bedroom, and bath, ideal for accommodating guests or multi-generational living. Outside, a matching, charming outbuilding with electricity and heat provides possibilities for workshop space, fitness, or hobbies. Fully fenced and beautiful professional landscape yard make this outdoor space ideal. Whole-House Standby Generator automatically powers the entire home during rare power outages. The private neighborhood community park adds to the allure of this exceptional property. Proximity to exceptional new Elementary and Junior High Schools. Enjoy Lake Grove restaurants, shopping, and amenities, with proximity to I-5 and Bridgeport mall.

Property Details for 5501 Rachel Lane

Style
Traditional
Parking Features
Driveway, On Street
Garage Spaces
2.00
Parking Total
2.00

Location

Listing Courtesy of Premiere Property Group, LLC
Add your commute
LISTING UPDATED: 05/25/2024 01:33 PM

Property Details for 5501 Rachel Lane

StatusPending
MLS #24038521
Days on Market21
Taxes$12,428 / year
HOA Fees$800 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2007
Lot Size-
CountyClackamas County

Location

Listing Courtesy of Premiere Property Group, LLC
Add your commute

Virtual Tour

Building Information for 5501 Rachel Lane

Stories3Year Built2007Building Size-Lot Size-

Payment Calculator

$7,924 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$1,036

HOA Dues

$67

The Payment Calculator is for illustrative purposes only.

Property Information for 5501 Rachel Lane

Summary
Location and General Information
  • Country: US
  • Directions: Boones Ferry to Pilkington to Rachel LN
  • Road Surface: Paved
School Information
  • Elementary School: River Grove
  • High School: Lakeridge
  • Middle Or Junior School: Lakeridge
Parking
  • Garage Type: Attached
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $12,427.56
  • Parcel Number: 05018984
  • Association Fee: $800.00
  • Association Fee Frequency: Annually
  • Association Status: Active
  • Association Contact: Jen Saliba - President
  • Association Name: Pilkington Glen
  • Association Phone: 503-481-3331
  • Association Email: pilkingtonglenhoa@gmail.com
  • Association Address: 5501 Rachel LN
  • Tax Legal Description: SUBDIVISION PILKINGTON GLEN 4149 LT 1
Property
Lot Information
  • Lot Description: Commons, Corner Lot, Level
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
  • SqFt Source: RMLS
Property and Assessments
  • Property Sub Type: Single Family Residence
  • 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
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cedar, Cultured Stone
  • Exterior Features: Covered Patio, Fenced, Gas Hookup, Outbuilding, Patio, Sprinkler, Workshop, Yard
  • Roof Type: Composition
Interior Features
  • Basement: Finished, Full Basement, Storage Space
  • Foundation Details: Slab
  • Window Features: Vinyl Frames
  • Fireplace Description: Gas, Wood Burning
  • Fireplaces Total: 2
  • Interior Features: Ceiling Fan, Dual Flush Toilet, Garage Door Opener, Granite, Hardwood Floors, High Ceilings, Laundry, Skylight, Soaking Tub, Tile Floor, Wainscoting, Wallto Wall Carpet
  • SqFt Calculated: 2404
  • SqFt Lower Level Total: 1105
  • SqFt Main Level Total: 1213
  • SqFt Upper Level Total: 1191
  • Bedrooms Total: 4
  • Stories: 3
  • Baths Total: 2.2
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Additional Features: Soaking Tub, Suite, Walkin Closet, Walkin Shower, Wallto Wall Carpet
  • Primary Bedroom Level: Upper
  • Primary Bedroom Features: Closet Organizer
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Level: Upper
  • 2nd Bedroom Additional Features: Closet, Wallto Wall Carpet
Bedroom 3
  • Room Description: _3rd Bedroom
  • Bedroom 3 Level: Upper
  • 3rd Bedroom Additional Features: Closet, Wallto Wall Carpet
Dining Room
  • Room Description: Dining Room
  • Dining Room Features: Great Room, Hardwood Floors
  • Dining Room Additional Features: High Ceilings, Wainscoting
  • Dining Room Level: Main
Family Room
  • Room Description: Family Room
  • Family Room Features: Bathroom
  • Family Room Additional Features: Closet, Free Standing Refrigerator, Tile Floor, Wet Bar
  • Family Room Level: Lower
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Builtin Oven, Builtin Refrigerator, Cook Island, Cooktop, Dishwasher, Disposal, Gas Appliances, Granite, Microwave, Pantry, Plumbed For Ice Maker, Stainless Steel Appliance
  • Kitchen Room Features: Builtin Range, Cook Island, Gas Appliances, Gourmet Kitchen, Great Room, Microwave, Pantry
  • Kitchen Room Additional Features: Builtin Oven, Double Sinks, Granite, High Ceilings, Water Softener
  • Kitchen Room Level: Main
Living Room
  • Room Description: Living Room
  • Living Room Features: Builtin Features, Fireplace, Great Room, Hardwood Floors, Sliding Doors, Sound System
  • Living Room additional Features: High Ceilings
  • Living Room Level: Main
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 1
  • Baths Lower Level Total: 0.1
  • Baths Main Level Full: 0
  • BathsMainLevelPartial: 1
  • Baths Main Level Total: 0.1
  • Bathrooms Full: 2
  • Baths Partial: 2
  • Total Bathrooms: 4
  • Baths Upper Leve lFull: 2
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 2.0
Additional Room 1
  • Additional Room 1 Description: _4th Bedroom
  • Additional Room 1 Level: Lower
Additional Room 2
  • Additional Room 2 Description: Den
  • Additional Room 2 Level: Main
Additional Room 3
  • Additional Room 3 Description: Laundry
  • Additional Room 3 Level: Upper
Additional Room 5
  • Additional Room 5 Features: Builtin Features, Fireplace
  • Additional Room 5 Additional Features: Wallto Wall Carpet
Additional Room 6
  • Additional Room 6 Features: Builtin Features
  • Additional Room 6 Additional Features: Sink
Amenities
Amenities Information
  • Association Amenities: Commons
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 3669

Property History for 5501 Rachel Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5501 Rachel Lane

Taxable ValueLand-Additions-Total-
Tax Record2023$12,428 ($1,036 / month)
Home Facts
Beds3Baths3Total Finished SqFt3,669 SqFtAbove Grade Finished SqFt3,669 SqFtLot Size7,409 SqFtStyleSingle Family ResidenceYear Built2007ZoningR10CountyCLACKAMASAPN21E18CA07900

Schools near 5501 Rachel Lane

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
River Grove Elementary School
PublicK to 5

Lakeridge Middle School
Public6 to 8

Lakeridge 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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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premiere Property Group, LLC

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 © 2024 RMLS, Portland, Oregon. Last updated: 05/25/2024 01:33 PM