$2,300,000
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408 Ridgeway RD, Lake Oswego, OR 97034

3 Beds
4 Baths
4,074 Sq Ft

This stunning lakefront home offers breathtaking views and direct lake access, ideally located in a quiet "no wake" zone for peaceful waterfront living. The back of the home is elevated above the lake, creating an impressive panoramic view. Step outside to your private, newer upper deck and follow the steps down to your private newer dock, perfect for enjoying the lake up close. The beautifully landscaped backyard, complete with lush grass, provides a serene, natural retreat on a spacious 0.32-acre lot.Situated in the highly desirable Lakewood neighborhood, this home offers convenient access to parks, cultural events, restaurants, and boutique shopping, all just minutes away.Inside, a dramatic wall of windows fills the spacious living room with natural light, perfectly framing the lake and surrounding views. The main house is all on one level and features an updated kitchen, three ensuite bedrooms, a dedicated office, and a separate bonus/media room.The lower level includes an updated, self-contained guest suite with its own private entrance, kitchen, bathroom, and laundry, ideal for extended family, guests, or a home office setup.An oversized three-car garage provides generous space, including multiple storage rooms for tools, equipment, or hobby needs. The expansive driveway offers ample parking for guests. Total square footage of the home includes guest quarters and storage areas at street level.Enjoy access to three lake easements for boating and water recreation. This is an ideal home to live in, remodel or rebuild. The possibilities for this desirable property and prime location are endless. The updated guest quarters is located at street level and is attached to the main house. The total square footage of the home includes this guest space. Heating is provided by a wall-mounted unit.

  • MLS# 616065851
  • Date Listed10/03/2025
  • Days on Realty 86 Days
  • Bedrooms 3
  • Bathrooms 4 Full baths
  • Lot Size 0.32 acres (13,939 sq. ft)
  • Sewer Public Sewer
  • Property Type Single Family
  • County Clackamas
  • Year Built 1935
  • Water Public
  • Square Feet 4,074 sq. ft
  • Price Per Sq. Ft $564.56

Interior Features

  • Appliances Gas Water Heater, Dishwasher, Disposal, Double Oven, Microwave
  • Flooring Hardwood, Wood, Carpet
  • Cooling Central Air
  • Heating Forced Air

Exterior / Lot Features

  • Exterior Dock
  • Roof Composition
  • Lot Size Acres 0.32
  • Lot Size SQFT 13,939.00
  • Lot Features Sloped, Waterfront

Financial Considerations

  • Tax Amount $20,131
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in OR / 97034

Source: Walkscore

67/100

Somewhat Walkable

Walk Score ®

29/100

Some Transit

Transit Score ®

44/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

2 nearby routes: 2 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 31/100, Transit Score: 22/100, Bike Score: 43/100.

Property Change History

List Price decreased from $2,450,000 to $2,300,000
Price Per Square Foot decreased from $601.37 to $564.56
Property description updated with new details
Agent added 8 new photos to the listing
3240 photos
Agent removed 8 photos from the listing
4032 photos
Agent added 8 new photos to the listing
3240 photos
Agent removed 8 photos from the listing
4032 photos
Agent added 1 new photo to the listing
3940 photos
Agent added 7 new photos to the listing
3239 photos
Agent removed 7 photos from the listing
3932 photos
Agent removed 2 photos from the listing
4139 photos

Points of Interest near 408 RIDGEWAY RD, Lake Oswego, OR 97034

Frequently Asked Questions for 408 RIDGEWAY RD

Source: Realty.com

408 RIDGEWAY RD, Lake Oswego, OR 97034 is a Single Family 4,074 sq. ft. home listed for sale. Realty.com has 40 photos available of this 3 bed, 4 bath house, listed at $2,300,000. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 40 photos of 408 RIDGEWAY RD.

Our records indicate that 408 RIDGEWAY RD was built in 1935.

The full address for this home is 408 RIDGEWAY RD, Lake Oswego, OR 97034.

408 RIDGEWAY RD has been listed on Realty.com since Fri October 03, 2025

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 31/100, Transit Score: 22/100, Bike Score: 43/100.

There are 3 schools assigned to this home. Check out the schools near 408 RIDGEWAY RD. River Grove Elementary School (Grades: PK - 5), Lake Oswego Junior High School (Grades: 6 - 8), Lakeridge High School (Grades: 9 - 12)

Listing provided courtesy of: More Realty (tel: 503-353-6673)
Listing agent: Stephanie Muro (tel: 503-358-1106) (#MUROSTEP)

This content last refreshed on 2025-12-28 18:35:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 408 RIDGEWAY RD, Lake Oswego, OR 97034 : MLS# 616065851