17 properties for sale in First Addition

Now 50% sold out! 4 out of 8 homes are pending! Don't miss your chance! CORNER LOT with the ability to fence both street facing sides! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! For investment purposes. Actual rent on another home in the project is $5,000/mo

Step into a storybook sanctuary in Lake Oswego's First Addition, where timeless elegance and charm effortlessly blend in this welcoming Tudor-style home. Featuring a main floor primary suite with a private sunroom and patio, a recently completed ADU, and an expansive indoor/outdoor layout, perfect for year-round entertaining, this home offers the ultimate privacy surrounded by a lush Arborvitae border. Hand-scraped hardwood floors, a gourmet kitchen, and enchantingly timeless details like arched doorways and a ceiling-height stone fireplace create a warm, inviting atmosphere. The ADU is a flexible option for an ideal home office, exercise studio, guest suite, or multi-generational living. Just minutes from Lake Oswego's best restaurants, shopping, community events, and Farmer's Market, this home is a rare opportunity at a sanctuary in the heart of the community

If your idea of luxury includes a little more peace and quiet, this home may be the sweet spot at The LO. Set on the quieter back side of the building, it feels tucked away from the world while still putting the best of First Addition just outside your door. The open living, dining, and kitchen spaces flow together beautifully, with a private deck creating an inviting place for morning coffee, a glass of wine at the end of the day, or simply a little fresh air and stillness. A separate sitting area adds another comfortable place to read, work, watch a movie, or retreat when you want a room of your own. The two bedrooms are thoughtfully separated for privacy, with a generous primary suite and beautifully appointed baths. At 1,679 square feet with 2 bedrooms and 2.5 baths, the floor plan feels surprisingly spacious while retaining the simplicity of single-level living. Then there’s life at The LO itself: just 15 residences, secure parking, a rooftop deck and lounge, and true lock-and-go

The mountain is the first thing you'll notice, and the first reason you'll want to stay. From this penthouse, Mount Hood rises clean above the treeline, and the territorial view opens wide beyond it, a long green sweep of Oregon that changes with every hour of the day. On clear mornings the peak goes pink before the rest of the valley wakes. On overcast ones, the clouds move in low and the room turns soft and quiet. You will find yourself watching. Vaulted ceilings lift the whole home, and the deck is expansive enough to live on, the kind of outdoor space that turns dinner into an occasion and a Tuesday evening into something worth lingering over. Inside, the Timeless Linen palette is all softness and light: a marble-clad fireplace, white Zellige tile behind the range, quartz counters, warm wood floors, and polished nickel catching the glow of a capiz shell pendant. The kitchen is gracious and unhurried, made for long dinners and easy company. Two generous suites sit apart from each ot

This is the model home. *. If you've been waiting for these to hit rock bottom. Well, here it is. Now $200K below original list. There will not be another price reduction! Now 3 out of 8 are pending (see price list for pricing and availability). Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! For investment purposes. Actual

This is the brand new double-suite 2 bedroom+den+deck you've been waiting for. Comfortable elegance awaits you at The LO, a brand new luxury community in Lake Oswego with elevator access to all 15 one-level condos and a sumptuous community rooftop deck. When you live at The LO, you’ll have access to delightful features and amenities and live in a walkable village neighborhood with cafes and shopping. Enjoy gorgeous high ceilings, fireplace, gourmet kitchen, elegant design, and 1 parking space included. 1 additional can be purchased for $150,000. Move in expected in April. Photo renderings of similar residences in the building are virtual

A rare opportunity in Lake Oswego's First Addition: this 2 bedroom, 2 bath condominium has had a single owner since new and has been occupied only a few months each year. The result is a home in genuinely like-new condition, free of the wear and deferred updates most resales require. At approximately 1,025 square feet, the open, light-filled layout is designed to simplify rather than reduce, offering the ease of gated access, assigned parking, and additional storage, with no yard or exterior upkeep to manage. For an owner ready to trade square footage for location and freedom, whether stepping down from a larger home, maintaining a seasonal Pacific Northwest residence, or wanting a low-maintenance base near downtown Portland, this home asks for nothing but daily living. Just blocks from Oswego Lake and the restaurants, shops, and galleries of downtown Lake Oswego, including Baird's on B, Salt & Straw, and Bamboo Sushi, it offers true walkable convenience in one of the area's most estab

The one and only capsule collection of its kind for years to come, Frances luxury residences set a new standard for downtown Lake Oswego cosmopolitan living with unrivaled club amenities and ready access to Oregon’s exceptional quality of life. Residents enjoy concierge services, a grand piano arrival hall, garden courtyard, tasting lounge with wine vaults, fitness studio & sauna, library, club room, dog wash facilities, guest studio, and a true lock-&-leave lifestyle. Located a mere 3 blocks from Lake Oswego’s celebrated dining, boutiques, farmer’s market, and lakefront paths, this location features a high walk score. Inspired by the art of fine living, #13 lives like a penthouse with its elevated positioning, 10’ ceilings, book-matched marble slab finishes, European oak plank/herringbone floors, soaring wood-framed windows, Restoration hardware and high design lighting, and wall of showcase glass doors. Designed for both hospitality and retreat, the home features a flawless ‘Michelin

Quiet, polished, and perfectly positioned, this 1-bedroom, 1.5-bath residence is tucked away on the peaceful back side of The LO, with a private deck and an easy sense of retreat within Lake Oswego’s newest luxury community in the coveted First Addition neighborhood. This is single-level living, elevated: step off the elevator into one of just 15 refined one-level residences, then head upstairs to the community rooftop deck and lounge for sunset gatherings, morning coffee, or an evening under the stars. Inside, luxury lives in the details — high ceilings, a warm fireplace, and an open chef-inspired kitchen finished in quartz with high-end appliances and fixtures. The spacious bedroom suite features a spa-inspired bath, while the separate powder room makes entertaining easy. Thoughtful design, natural light, and a beautifully proportioned open layout make this home feel both polished and genuinely comfortable. Life here is lock-and-go by design, with secure parking included. Leave for a

Picture-perfect one-level living cottage! This designer home is rich in character and blends beautifully with the village charm of Lake Oswego’s coveted First Addition neighborhood. Taken down to the studs for a thoughtful 2010 restoration, the home pairs real character with modern bones. New electrical, new plumbing. Milgard windows. Then a new furnace and A/C followed in 2017. The layout is efficient, the details are classic, and the finishes strike a real balance between original charm and modern convenience. Hardwood floors and vaulted ceilings run through the main living space, and the living room sets the tone with a gas fireplace and high ceilings. The kitchen anchors the home with an island, marble countertops, a pantry, and a Thermador gas range with stainless steel appliances. The dining area is bright and sunny with large windows and access to the amazing yard. One of the best yards I have seen in a long time! Downstairs, the unfinished lower level adds real flexibility: sto

Now 50% sold out! 4 out of 8 homes are pending! Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! For investment purposes. Actual rent on another home in the project is $5,000/mo

Welcome to this luxurious traditional townhome, ideally located within walking distance to shops, restaurants, and all the vibrant amenities of downtown Lake Oswego. Tucked quietly away, this custom Craftsman blends timeless character with thoughtful modern updates and exceptional livability. Upon entering, you’re greeted by an impressive great room featuring floor-to-ceiling windows, beautifully refinished hickory floors, soaring ceilings, a gas fireplace, and a gourmet kitchen complete with a spacious eat-in island. Designed for effortless entertaining, the main living space flows seamlessly to a private outdoor patio, creating an inviting extension of the home. The main level is completed by a spacious primary suite with its own private patio retreat. Upstairs, you’ll find two additional primary suites, a private balcony, and a generous family room highlighted by distinctive rounded ceilings. Low-maintenance living is enhanced by a detached garage conveniently accessed from the alle

An exclusive opportunity awaits on the premier lot in Lake Oswego's iconic First Addition neighborhood. This upcoming contemporary masterpiece by Monogram Custom Homes offers the unique chance to personalize your dream home from the ground up. Designed by acclaimed architect Rick White, the 3,900sqft+ layout balances striking architectural lines with high-end functionality. The exterior will feature Boral siding, giving the home the ultimate in curb appeal and durability. On the main level, you're welcomed by soaring ceilings in the great room that flows seamlessly into a covered outdoor area. A private study and formal dining room add to the versatility of the main level, while the chef’s kitchen is expertly paired with a hidden scullery to keep the primary entertaining space pristine. An elevated primary suite, just a few steps above the main level, provides both convenience and a luxurious retreat. Upstairs, additional bedrooms and flex spaces are tailored for modern lifestyles. The

Major price improvement on'the skyview'! There will not be another rooftop condo like this in Lake Oswego! Featured in the 2025 Street of Dreams, these Scandinavian-inspired homes blend refined design with elevated urban living. Each home offers approximately 2,300 SF of living space, three bedrooms (including one on the main level), three full baths, and a spectacular 1,000 SF private ROOFTOP DECK with panoramic views of Mount Hood, the Cascade Mountains, and the twinkling lights of Lake Oswego and Willamette River. High-end finishes, custom cabinetry, and built-in appliances define the interiors, while two secure underground parking spaces with private access provide ultimate convenience. Just steps from downtown Lake Oswego’s acclaimed restaurants, boutiques, and the Farmers Market. The Skyview delivers an unmatched lifestyle of quality, comfort, and sophistication. Only 2 residences left!

Now 50% sold out! 4 out of 8 homes are pending! Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! For investment purposes. Actual rent on another home in the project is $5,000/mo

4-plex alternative! Own the 4 remaining homes in the project! DETACHED/fee simple single-family homes! Three of the homes are 3 Bed/2.1 Bath with about 1,500SF and One 2 Bed/2.1 Bath with about 1,200SF. One of the 3 bedrooms is currently rented at $5,000/mo. First Addition has never seen anything like this before! Stunning NW Modern design! Light and bright with lots of windows, open floor layout, SS appliances, quartz counters, upscale finishes, and designer colors. Builder warranty included! Don't miss this ultra rare opportunity to bolster your investment portfolio!

In the heart of Lake Oswego's coveted First Addition neighborhood, this custom-built home pairs European-inspired character with an exceptionally walkable setting just blocks from downtown. Mediterranean influences and thoughtful architectural details create a distinctive presence, with three-layer real stucco, brick and stacked stone accents, and arched elements. Inside, quality craftsmanship continues with extensive cherry hardwoods and cabinetry, a spacious kitchen with large center island, and central air for ultimate comfort. Upstairs, the flexible floor plan includes a large primary suite with sitting area, Juliette balcony, and luxurious ensuite bathroom with heated floors. Two additional bedrooms provide options for any lifestyle. Outside, mature landscaping and privacy hedges surround expansive paver patios, creating secluded spaces for lounging, dining, and entertaining. Set on a beautifully landscaped corner lot, enjoy easy access to all downtown Lake Oswego has to offer: th

This is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted

This is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted

This is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted

This is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted

This is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted

This is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted

This is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted

This is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted

This is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted

This is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted

This home is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank

This home is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank

This is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted