Lake Oswego Homes with Lake Waterfront

Welcome to Lake Oswego, Oregon, a picturesque city nestled in Clackamas County, renowned for its stunning waterfront homes and vibrant community spirit. With its serene lakeside setting, Lake Oswego offers a unique blend of natural beauty and urban convenience, making it a sought-after destination for families, retirees, and anyone seeking a peaceful yet engaging lifestyle.

One of the city’s most enchanting features is its namesake lake, which serves as a focal point for outdoor activities and leisure. Residents enjoy a myriad of water sports, from kayaking and paddleboarding to fishing and sailing, all while surrounded by breathtaking views of the lush Oregon landscape. The lake’s scenic trails and parks provide ample opportunities for hiking, biking, and picnicking, creating a perfect backdrop for family gatherings or quiet afternoons.

The real estate market in Lake Oswego is particularly appealing for those seeking homes with lakefront access. Imagine waking up to the gentle sounds of water lapping against the shore and enjoying your morning coffee on a private deck overlooking the lake. These waterfront properties not only offer unparalleled views but also a lifestyle defined by tranquility and recreation.

Beyond its natural allure, Lake Oswego boasts a vibrant downtown area filled with charming shops, gourmet restaurants, and cultural attractions. The city is also home to highly-rated schools and a strong sense of community, making it an ideal place to raise a family or enjoy retirement.

Whether you’re drawn to the allure of lakefront living or the welcoming community atmosphere, Lake Oswego is a gem in the heart of Oregon that promises a life of beauty, comfort, and connection. Discover your dream home in this idyllic setting today!

Newest Lake Oswego Homes with Lake Waterfront

$949,000

1 Beds ⋅ 1 Baths ⋅ 598158311 MLS

Perfectly positioned with just one common wall, this updated Oswego Lake villa delivers unbeatable waterfront views. Enjoy all that the lake life offers directly off your back deck with the private deeded boat slip. The home has been updated top to bottom, the end-unit location make for an exceptionally living space. Its open one bedroom floor plan supports an effortless lock and leave lifestyle, performing equally well as a full time home, low maintenance retreat, or turnkey investment. Enjoy relaxed water views from the main living area and covered deck, all just minutes from retail, parks, local dining, and top rated schools.

668 MCVEY AVE Unit #50, Lake Oswego

$1,295,000

3 Beds ⋅ 1 Baths ⋅ 678170866 MLS

Completely remodeled inside and out, this rare Oswego Lake villa offers unobstructed waterfront views and a deeded boat slip directly off your back deck. Every surface has been tastefully updated. The versatile 3 bedroom layout offers seamless lock-and-leave convenience, serving equally well as a primary residence, weekend retreat, or prime investment opportunity. Both the great room and primary suite feature uninterrupted views down the lake, opening to a 35' covered deck spanning the full width of the unit. Unbeatable location near top-tier schools, parks, dining, and Hwy 43. An unprecedented value for waterfront living on Oswego Lake!

668 MCVEY AVE Unit #52, Lake Oswego

$2,295,000

4 Beds ⋅ 3 Baths ⋅ 383526355 MLS

Beautifully updated residence in the gated community of Oswego Shore Estates, offering a rare opportunity to enjoy a private Lake Oswego lifestyle with immediate lake access upon closing. Low bank newly decked marina, with deeded slips, and paddle board storage. Individual slip ownership included with this home. Ownership includes a 1/3 interest in a private marina boat slip. Sold separately is a 50% ownership of a 2024 boat, an exceptional amenity that allows you to begin enjoying the lake from day one. Newer wide-plank flooring enhances the main level, where spacious living areas create an inviting setting for everyday living and entertaining. The great room features a fireplace and dramatic window walls overlooking the surrounding natural setting and lake views, while the elegant dining room is perfectly positioned for entertaining, there is also a private den on the main level with a slider to a nature scene. The updated kitchen features stainless-steel appliances, a huge pantry, island, and adjoining nook, that opens to a cozy family room with fireplace and walls of windows that bring the natural setting indoors. The dramatic primary suite features custom built-ins, dual walk-in closets, a fireplace and a gorgeous, remodeled bath. The lower level provides exceptional flexibility with a spacious game room, wet bar and fireplace, along with additional space for guests, recreation or entertaining. The oversized 3 car garage offers abundant storage and convenience. New roof in 2018. A truly special opportunity to own within a private gated community while enjoying the shared lake marina amenities with boat ownership. Seller is an Oregon Licensed Principal Broker.

15800 OSWEGO SHORE CT, Lake Oswego

$1,950,000

4 Beds ⋅ 4 Baths ⋅ 733471109 MLS

Exceptional Custom Home Opportunity with Lake Views & Easement Rights. A rare opportunity to create a distinctive custom home in one of Lake Oswego’s most coveted settings. This private .32-acre homesite offers a tranquil, park-like backdrop with peek-a-boo views of Lake Oswego and an elevated position just off street level—providing privacy while maintaining convenient driveway access. The property is thoughtfully positioned for development, with all corners marked, utilities available from both Westview Drive and South Shore Blvd, and stakes outlining the buildable footprint visible from the private driveway entrance. Enjoy coveted Lake Oswego easement rights with access to Maple Circle, Alder Point Club, Blue Heron, and Lakeview Recreation Club, offering opportunities for boat slips, kayak and paddleboard storage, swimming, and year-round lake recreation. Ideally located near highly regarded Lake Oswego schools, parks, shopping, dining, and downtown amenities, this property offers an exceptional combination of privacy, natural beauty, lake lifestyle, and custom-home potential. MLS #556564395 features a proposed Frank Lloyd Wright-inspired residence designed to showcase the unique setting, architecture, and views while helping buyers envision what is possible on this special homesite. Buyer to perform their own due diligence regarding development, utilities, easement rights, and proposed improvements.

17035 WESTVIEW DR, Lake Oswego

$425,000

514508418 MLS

Exceptional Opportunity in One of Lake Oswego’s Most Coveted Neighborhoods – This rare .32-acre lot offers the perfect canvas for your custom home, nestled in a tranquil, park-like setting just off street level for privacy and easy driveway access. Enjoy peek-a-boo views of Lake Oswego from the homesite, with all property corners marked and utilities available at both Westview Drive and South Shore Blvd to streamline development. Stakes outlining the buildable footprint are visible from the private driveway entrance. Exclusive lake easement rights provide access to Maple Circle, Alder Point Club, Blue Heron, and Lakeview Recreation Club—offering boat slips, kayak/paddleboard storage, and year-round recreational opportunities. Ideally located near top-rated schools, scenic parks, and upscale shopping and dining, this property blends natural beauty, privacy, and premier amenities. MLS#556564395 includes a proposed build plan inspired by Frank Lloyd Wright to help you visualize the possibilities. Buyer to perform their own due diligence.

17035 WESTVIEW DR, Lake Oswego

$1,995,000

3 Beds ⋅ 3 Baths ⋅ 213241735 MLS

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.

199 PINE VALLEY RD, Lake Oswego

$1,399,900

3 Beds ⋅ 3 Baths ⋅ 562424484 MLS

“The Wedge” – Iconic Blue Heron Bay Waterfront! Featured in Sunset Magazine, this one-of-a-kind architect-designed home delivers an extraordinary Oswego Lake lifestyle in a remarkably efficient footprint. Set on the beautiful deep waters of Blue Heron Bay, its dramatic wedge design expands from just 19 inches at one end to approximately 18 feet at the waterfront, with three levels, two mezzanines and a striking steel staircase at its core. Renovated in 2021, the home features 3 bedrooms, each with its own bath, plus a guest powder room, chef’s kitchen, hardwood floors, heated bathroom floors, skylights, custom wood vanities and abundant integrated storage. Enjoy expansive bay and canal views, a rooftop boathouse party deck, hydraulic boat lift and additional waterfront space for a guest boat. The top-level primary suite offers a private, treehouse-like retreat overlooking the water. A recently completed detached ADU with kitchenette, full bath and laundry provides exceptional flexibility for guests or office space. Cedar and Ipe decking, generous parking and two extra-deep spaces for boat trailers complete this truly unique property. A rare townhome alternative offering big-water living, architectural character and direct access to everything Oswego Lake has to offer.

3300 SOUTHSHORE BLVD, Lake Oswego

$3,495,000

5 Beds ⋅ 4 Baths ⋅ 657433777 MLS

A rare opportunity to own one of Lake Oswego's most coveted waterfront properties. Set on a double lot with approximately 160 feet of West Bay shoreline, this estate blends classic architecture with thoughtful modern updates, offering indoor-outdoor living, panoramic sunset views over the lake, and a peaceful waterfront lifestyle.Features include hardwood floors throughout the main level. The designer kitchen with SW facing windows has honed granite counters & Dacor appliances, adjacent covered patio for tranquil outdoordining. Next to the kitchen is the family room also with sweeping views. Upstairs, the large primary suite contains vaulted ceilings, a gorgeous bathroom has quartz countertops and heated floors, a two head walk-in shower and Victoria and Albert soakingtub. Two roomy primary closets are outfitted with California closets organizers. Between the primary and the two additional upstairs bedrooms is a multi-person study loft. The main floor office could be a 5th bedroom. The lower level includes a bedroom, full bath and bonus room with abundant built-ins, fireplace and access to the large deck across the entire back of the house. There is also a hot tub, and easy access to the lake. Taken together the house, deck, garden, yard and boathouse are incredible for events of all sizes. Property is irrigated with lake water. Don't miss the photos of the garden and sunset. Don't miss the updated boat house with lift, kayak storage, dock, and covered relaxation area. Abundant storage throughout. Ideally located on the "no wake" West Bay of Lake Oswego with easy access to the main lake. Parking for 5 cars. Whole house Generac generator installed in 2024.

16755 GRAEF CIR, Lake Oswego

$1,499,000

5 Beds ⋅ 3 Baths ⋅ 408158986 MLS

There’s a certain rhythm to life on the lake, and here, it begins right outside your door. Set along Lake Oswego’s Main Lake Canal in a private, tree-lined setting, this updated mid-century home offers waterfront access, incredible flexibility, and the kind of privacy that’s hard to find this close to the water. Inside, vaulted ceilings, hardwood floors, expansive windows, and a cozy fireplace give the main living spaces warmth and personality. The updated kitchen is built for gathering, with granite countertops, stainless steel appliances, a generous island, and an easy flow into the dining and bonus areas. Two ensuite bedrooms are located on the main level, including the primary suite, making everyday living refreshingly convenient. Downstairs, the daylight lower level opens up even more possibilities with three additional bedrooms, a spacious family room, abundant storage, its own entrance, and a second laundry area. Whether you’re creating space for extended family, long-term guests, aging parents, or simply want everyone to have a little more room of their own, the layout delivers flexibility without sacrificing connection. And then there’s the water. Launch from your private dock for an early-morning coffee run, spend summer afternoons cruising Main Lake, head to dinner by boat, or settle in waterside as the day winds down. With no backyard neighbors overlooking the property, the setting feels wonderfully tucked away. Thoughtful improvements including newer exterior paint, updated Trex decking and dock, and a whole-house Generac generator connected to natural gas add comfort and peace of mind. Neighborhood tennis courts offer another way to make the most of the Lake Oswego lifestyle. Five bedrooms. Main-level living. Flexible multigenerational space. Private waterfront access. This is a home designed not just around where you live, but how you want to live.

18148 PIONEER CT, Lake Oswego

$3,650,000

3 Beds ⋅ 3 Baths ⋅ 502560940 MLS

A private mid-century modern retreat on the main lake, where architecture, water, and Japanese-inspired landscape come together in a setting unlike anything else on the waterfront. The experience begins outside, where a Japanese-inspired garden creates a secluded retreat beneath the trees, designed in collaboration with a renowned designer of the Portland Japanese Garden. A cascading waterfall, layered plantings, winding pathways, and Platinum Habitat Certified grounds create a sense of calm while remaining connected to the lake. Tucked into the hillside is a one-of-a-kind timber-framed tea house with folding panel doors on three sides that open almost entirely to the landscape. A wet bar, bathroom, and outdoor shower make it ideal for quiet mornings, sunset cocktails, or intimate evenings with friends. Approximately 78 feet of lake frontage leads to an exceptional mid-century-inspired boathouse and dock, recently completed by MCM Construction. Mahogany decking, a kitchenette, bathroom, boat lift, and pergola-covered lounge create a waterfront entertaining space designed for all-day enjoyment. Originally built in the 1950s and taken down to the studs in 2008, the residence was thoughtfully reimagined while preserving its angular rooflines, post-and-beam structure, and unmistakable mid-century character. Walls of glass, oak floors, a softly vaulted ceiling, and a sleek black fireplace surround define the main living space, while the open kitchen features Miele and Dacor appliances, a gas range, and glazed tile backsplash. Two primary suites, one on each level, offer walk-in showers, walk-in closets, and direct access to spacious steel-and-concrete decks among the trees. A fully integrated Control4 Smart Home system adds modern convenience throughout. Most lakefront homes are defined by their view. This one is defined by experience: morning coffee among the trees, quiet moments in the tea house, afternoons on the dock, and an evening cocktail cruise across the lake.

2707 SOUTHSHORE BLVD, Lake Oswego

$1,200,000

4 Beds ⋅ 2 Baths ⋅ 157806323 MLS

An incredible value for an exceptional Lake Oswego home! Welcome to a peaceful waterfront oasis nestled on the banks of Palisades Lake, your own private nature retreat. Descend the staircase from the expansive deck or simply step across the paver patio that leads directly to the water's edge. Immerse yourself in trees, water, and wildlife as you stroll along the shoreline path that meanders past waterfalls and across bridges along the shared HOA-maintained walking path. Commune with nature as you soak in views from nearly every room in the house. Owls, osprey, annual ducklings, kingfishers, hummingbirds, fish, chipmunks, dragonflies, rabbits, deer - it's a veritable outdoor school right in your own backyard. Step inside and enjoy custom finishes and luxury features throughout. No expense has been spared on upgrades in this fully updated home, which has been lovingly remodeled and maintained as a forever home. Designer light fixtures and wood floors shine throughout. The spacious kitchen is equipped with gourmet stainless-steel appliances by Wolf, DCS, and Fisher-Paykel: a drawer dishwasher, double wall oven, and five burner gas cooktop. Climb the custom master-craftsman built staircase to roomy sleeping/bathing quarters. The primary suite greets you with two spacious closets (one an expansive walk-in) and a spa-like bath with a Japanese jetted soaking tub alongside an open waterfall shower. Every detail is top-notch, designed to complement the scenery. An additional permitted 1,512 sq. ft. oversized daylight basement with separate entrance is ready for your imagination: there are hookups for two washing machines and a dryer (in addition to main floor hookups), and even a dedicated outlet for a sauna. The basement may be finished into ADU (buyer to verify) or continue to use it as a versatile space: Artisan studio? Custom hobby space? Wine cellar? The possibilities are endless. Ask about a buyer closing cost credit from preferred lender and set up a tour today!

1876 PALISADES LAKE CT, Lake Oswego

$2,298,500

4 Beds ⋅ 3 Baths ⋅ 539834837 MLS

Amazing Opportunity to live on the water with primary suite on the main level. Quiet, Private, Gated and Secluded with mature trees for privacy, situated on a large .27 acre lot w/ spectacular views of the Blue Heron Canal in almost every room of the house. Enjoy your own boat dock for summer fun or a dinner boat cruise. With a short 5 minute boat ride to the main Lake for boating activities. This 3,780sqft home looks straight down the canal and offers a truly unique view that captures the best of the waterfront landscape. 4 bedrooms 3 bathrooms + a Multi-purpose bonus room. Vaulted ceilings with floor-to-ceiling windows & river rock fireplace with a custom mantle. Completely remodeled in 2013 nearly all to the studs with newer double-pane windows, presidential roof, engineered hardwoods throughout main level, plumbing, electrical, newer front door & garage door, Dual Water Heaters & Equipped with a phone-controlled Newer Energy Efficient HVAC and A/C Unit. Lower level Freshly painted with newer trim and Luxury vinyl plank flooring installed in 2024. Gourmet kitchen with cherry shaker cabinets, large island, granite countertops, and a walk-in pantry. Equipped with s/s appliances and premium Blanco granite sink. French doors open to your private balcony over looking the water in your primary suite, a custom walk-in closet with window, and a spa-like bath with heated floors, a jetted tub, and a walk-in shower with Grohe fixtures and Rain & multiple-head shower systems. Designed for indoor/outdoor entertainment with your own private Irish Pub style Bar, Jetted Hot Tub overlooking the water, side yard professional horseshoe game set-up, Game Room and your own boat dock with automatic remote control covered boat lift. Private access to the Blue Heron swimming pool & both Lake Oswego Swim Parks. Even includes Grandfathered in Water Rights w/ Lake Pump irrigation sprinkler & drip system for the entire property. Platinum Home Warranty & a whole-house generator.

18040 ROYCE WAY, Lake Oswego

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