Lake Oswego Homes under $250,000

Welcome to Lake Oswego, Oregon – a hidden gem nestled just south of Portland, renowned for its picturesque scenery, vibrant community, and an array of recreational activities. With its stunning views of the Willamette River and an abundance of parks, Lake Oswego offers a perfect blend of natural beauty and urban convenience. The charming downtown area is dotted with boutique shops, delightful eateries, and cultural attractions, making it a delightful spot for residents and visitors alike.

For those seeking a home in this enchanting city, you’ll be pleased to discover that Lake Oswego has options available under $250,000. While the market may be competitive, there are still opportunities to find an affordable residence that meets your needs. These homes often feature cozy layouts, modern amenities, and access to the community’s excellent schools and parks. Whether you’re a first-time homebuyer, a downsizer, or an investor, Lake Oswego’s affordable housing options provide a unique chance to immerse yourself in this vibrant community without breaking the bank.

Imagine waking up to the serene beauty of Lake Oswego, where outdoor adventures await at every turn—be it a morning jog around the lake, an afternoon of kayaking, or an evening stroll through the charming neighborhoods. With its strong sense of community and a commitment to quality living, Lake Oswego is not just a place to live; it’s a place to thrive. Discover your dream home today and embrace the lifestyle that this remarkable city has to offer!

Newest Lake Oswego Homes under $250,000

$165,000

1 Beds ⋅ 1 Baths ⋅ 157549901 MLS

Move-in ready low-maintenance living in the heart of Mountain Park! This one-bedroom condo pairs an open, functional layout with wall-to-wall windows that bring in abundant natural light and frame the surrounding greenery. The roomy kitchen features an large breakfast bar with plenty of room for meal prep, dining and entertaining. Entry is tile, with a large storage closet with room to stack or hang items. A majority of the living space features gorgeous hardwood floors. Step outside to your private covered patio and enjoy a peaceful setting tucked among the trees. Stacked washer and dryer are included for added convenience. One assigned parking space and no rental cap add flexibility for both owner-occupants and investors. Mountain Park residents enjoy access to an impressive collection of amenities, including indoor/outdoor pools, fitness facilities, tennis and pickleball courts, miles of walking trails, parks, playgrounds and community activities. Conveniently located near shopping, dining, downtown Lake Oswego and freeway access, this is an easy home base with recreation right outside your door. Newer windows and siding add for additional peace of mind.

100 KERR PKWY Unit #6, Lake Oswego

$200,000

1 Beds ⋅ 1 Baths ⋅ 304664424 MLS

Open house Sunday (10/4) 1-3pm Welcome to low-maintenance luxury in Lake Oswego! This meticulously updated 1-bedroom residence seamlessly combines upscale style with total convenience. Stepping inside, you’re greeted by contemporary cosmetic finishes throughout, including rich custom floors, elegant butcher block countertops, a custom tile backsplash, stainless steel appliances, and a beautifully appointed bathroom with tile flooring and accent wall. The spacious living area features a glass slider opening to a generous, private patio complete with an outdoor storage closet—perfect for seamless indoor-outdoor living. The primary suite serves as a serene retreat featuring a spacious walk-in closet. Large additional Storage space with laundry included, plus the rare added benefit of its own garage! Enjoy incredible resort-style living with HOA coverage including water, sewer, garbage, a private pool, clubhouse, and gym—plus full access to Mountain Park Recreation Center’s pool, spa, water slide, cardio/weight facilities, and fitness classes. Centrally located on the bus line with rapid access to PCC, OHSU, I-5, Downtown Portland, dining, and shopping!

142 OSWEGO SMT, Lake Oswego

$210,000

1 Beds ⋅ 1 Baths ⋅ 691889271 MLS

Freshly updated and move-in ready 1-bedroom, 1-bath condo with assigned carport in Lake Oswego’s desirable Mt. Park area! Refreshed with new LVP flooring and interior paint. The living room features a slider to a private patio with additional storage closet. Primary bedroom offers a generous walk-in closet. All kitchen appliances included, and community laundry in building. On bus line, and conveniently located close to PCC, OHSU, I-5 and Downtown Portland, with shopping, restaurants and schools nearby. Community amenities include a pool and party room with kitchen, plus access to Mt. Park Recreation Center amenities, including pool, spa, water slide, weight and cardio rooms, and fitness classes. A great opportunity to enjoy low-maintenance living in a convenient Lake Oswego location!

13 OSWEGO SMT, Lake Oswego

$219,000

1 Beds ⋅ 1 Baths ⋅ 178109380 MLS

Welcome home to this delightful one-bedroom, one-bath condominium that perfectly blends comfort with convenience. Perched on the upper level with no neighbors above, this residence offers lovely territorial views and a private patio - ideal for morning coffee or evening relaxation. Inside, you'll find modern touches throughout, including sleek solid surface countertops, stainless steel appliances, and easy-care vinyl plank flooring. Best of all, the unit is partially furnished with furniture included - just move in and enjoy! Additional highlights include outdoor storage space, a private condo pool, and access to the sought-after Mountain Park Recreation Center, offering even more amenities for an active lifestyle. Water heater replaced in 2024, patio deck and drainage re-built and waterproofed in 2025, HOA special assesment for cold weather upgrades have been paid. Seller open to buyer concessions. Don't miss this turnkey opportunity - schedule your showing today!

44 EAGLE CREST DR Unit #38, Lake Oswego

$189,000

1 Beds ⋅ 1 Baths ⋅ 543371275 MLS

Open house 10:30am-12:30pm 9/20. Amazing value in Lake Oswego! Seller has invested over $50,000 in recent upgrades to this charming 1-bedroom home in the desirable Westlake/Oak Creek area. It has newer furnace, water heater, plumbing, appliances, floors, cabinets doors, granite countertops, light fixtures and more! The inviting living room features dramatic vaulted ceilings, a cozy wood-burning fireplace, and vinyl plank flooring throughout. A sliding glass door opens to an oversized private balcony, perfect for relaxing or entertaining. All appliances are included for easy move-in. Conveniently located with quick access to I-5, shopping, dining, downtown Lake Oswego, and the popular Westlake area. Walk to the best Oak Creek elementary school! A fantastic opportunity to enjoy the Lake Oswego lifestyle at an exceptional value!

84 GALEN ST, Lake Oswego

$199,000

1 Beds ⋅ 1 Baths ⋅ 445071475 MLS

Cute, charming and completely move-in ready in beautiful Lake Oswego! Remodeled from the studs up with no expense spared, this light and bright ground-floor condo feels fresh, stylish and thoughtfully finished throughout. Updates include LVP flooring, quartz countertops, soft-close cabinetry, stainless steel appliances, new trim, paint, doors, digital LED lighting and added double insulation in the walls. The beautifully updated bathroom features a sleek walk-in shower, while an in-unit washer and dryer make everyday living easy. Step outside to the private covered patio—perfect for morning coffee or cozy evenings—with a peekaboo view of Mt. Hood and a private storage unit for added convenience. Ground-level living also helps keep the home naturally cooler during the warmer months. Additional features include a deeded parking space and newer sliding door. Enjoy a quiet setting, nearby trails and access to the Mountain Park Rec Center, offering fitness classes, a pool and athletic courts. This adorable condo offers easy, low-maintenance living in a fantastic Lake Oswego location!

47 EAGLE CREST DR Unit #14, Lake Oswego

$233,950

2 Beds ⋅ 1 Baths ⋅ 565125861 MLS

Some homes impress. Others help you exhale.Perched above the trees in one of Lake Oswego’s most peacefulcommunities, this private end-unit condominium feels more like asecluded retreat than a place to call home. With no residence below and surrounded by mature evergreens, you’ll wake to birdsong, enjoy territorial and mountain views, and experience a level of quiet that’s becoming increasingly rare.Inside, the light-filled open floor plan creates an effortless flow between the living room, dining area, and kitchen. A dramatic stone fireplace anchors the space, while oversized windows invite the outdoors in, filling the home with natural light throughout the day. Sliding doors lead to a private deck—the perfect place for morning coffee, an evening glass of wine, or simply taking in the peaceful setting.Life here extends well beyond your front door. Spend warm summerafternoons by the community pool, unwind in the hot tub after a long day, stay active in the fitness center, or explore nearby walking trails surrounded by nature. And when you’re ready for a change of pace, you’re just minutes from the shops, restaurants, cafés, and everyday conveniences that make Lake Oswego one of Oregon’s most desirable places to live.Whether you’re searching for a low-maintenance primary residence, a lock-and-leave lifestyle, or simply a home that offers peace without sacrificing convenience, this is the kind of place you’ll look forward to coming home to every day.

44 EAGLE CREST DR Unit #19, Lake Oswego

$174,900

1 Beds ⋅ 1 Baths ⋅ 755267468 MLS

Welcome home to Mountain Park! Nestled in one of Lake Oswego's most sought-after communities, this stylish one-bedroom condo offers the perfect blend of comfort, convenience and modern living. The bright, open floor plan features an oversized kitchen island that's ideal for cooking, entertaining or gathering with friends. Expansive wall-to-wall windows fill the home with natural light and lead to a private covered patio overlooking a peaceful natural setting—your own tranquil retreat. Luxury vinyl plank flooring enhances the main living area and bedroom, while a new heat pump provides efficient year-round comfort. A new washer and dryer are included, along with one assigned parking space and the added benefit of no rental cap, making this an excellent option for homeowners and investors alike. Enjoy resort-style amenities at the Mountain Park Recreation Center, including indoor pools, a fitness center, tennis and pickleball courts, walking trails, parks, playgrounds and community events. Just minutes from highly rated schools, shopping, dining, downtown Lake Oswego and easy freeway access, this move-in-ready condo offers the best of low-maintenance living in a beautiful natural setting. Seller is open to seller carried financing options. Please reach out for details.

100 KERR PKWY Unit #52, Lake Oswego

$185,000

1 Beds ⋅ 1 Baths ⋅ 301089714 MLS

Updated and move-in ready Lake Oswego condo featuring completed exterior renovations, a bright, efficient layout, private balcony, dedicated parking, and two layers of community amenities, including Ridgeview Condominiums and the Mountain Park Clubhouse with its fitness and recreation center. This light-filled 1-bedroom, 1-bath home features an open living, dining, and kitchen layout. The HOA includes water, sewer, and garbage services, along with access to Ridgeview Condominiums and Mountain Park amenities. There is no rental cap, offering added flexibility for homeowners and investors. Recent interior updates include new flooring and fresh paint, creating a clean and inviting living space. The living area opens to a private balcony, while the kitchen includes a refrigerator, oven, and dishwasher. The well-designed layout is complemented by a clean, updated bathroom. Located within an established, tree-lined community, completed exterior renovations in 2020 included new siding, roof, windows, exterior doors, and balconies. The parking lot was recently sealcoated and restriped. HOA services include landscaping and exterior maintenance, supporting a low-maintenance lifestyle. Residents enjoy two layers of amenities through Ridgeview Condominiums and the Mountain Park HOA, including a seasonal outdoor pool, laundry facilities, indoor pool, fitness center, basketball court, sauna, yoga and studio rooms, community classes, and scenic trails. Conveniently located short distance to downtown Lake Oswego shopping and dining, with easy access to I-5, OR-43, OR-217, and transit, including Bus 38 approximately 6–8 minutes away. Outdoor enthusiasts will appreciate the proximity to Tryon Creek State Natural Area. A wonderful opportunity for first-time buyers, downsizers, or investors seeking low-maintenance living in a community with completed exterior renovations, extensive amenities, and a premier Lake Oswego location.

47 EAGLE CREST DR Unit #40, Lake Oswego

$248,000

2 Beds ⋅ 1 Baths ⋅ 288150696 MLS

Tucked into the heart of Mountain Park, this updated end-unit townhome-style condo offers the perfect blend of comfort, convenience, and natural surroundings. With only one shared wall and peaceful views from the private deck, this home lives larger than its footprint while providing the low-maintenance lifestyle buyers love. Inside, fresh paint, new luxury vinyl plank flooring throughout the main level, updated lighting, and thoughtful improvements create a move-in-ready feel. The kitchen features stainless steel appliances, a dedicated laundry area, and a custom butcher block breakfast bar that adds valuable prep space, casual dining, and additional functionality. The adjoining dining and living areas are filled with natural light and anchored by a cozy wood-burning fireplace with hearth. A sliding door opens to the private balcony, creating an ideal space to enjoy morning coffee, unwind after work, or simply take in the surrounding greenery. An exterior storage closet provides convenient space for seasonal items, outdoor gear, and more. Upstairs, new carpet and padding extend throughout both bedrooms and the stairway. The spacious primary bedroom features two closets, while the second bedroom offers a large walk-in closet with built-in shelving. Additional updates include new floor registers, updated switch plates, and an updated thermostat. Located near the entrance of the community, this home enjoys convenient access to nearby guest parking and its detached garage. Residents enjoy access to Mountain Park's extensive trail network and recreation amenities, including pools, fitness facilities, sport courts, and community programming. Conveniently located near PCC, shopping, dining, downtown Lake Oswego, downtown Portland, and major commuter routes, this home offers an ideal balance of nature, community, and accessibility.

358 CERVANTES CIR, Lake Oswego

$215,000

2 Beds ⋅ 2 Baths ⋅ 736776302 MLS

Perched among the trees in Mountain Park, this home feels more like a private retreat than a typical condominium. Soaring vaulted ceilings, expansive windows, and elevated vistas create the sensation of living in a treehouse, with peaceful green sightlines filling nearly every room. Warm wood ceilings add character and volume, while the open living spaces are oriented toward the views rather than neighboring buildings. Whether enjoying a quiet morning coffee or winding down at the end of the day, there's a cozy spot in this home to enjoy. The HOA has recently completed significant exterior renovations, providing you with the confidence of substantial improvements already behind them. This unit also enjoys outstanding proximity to the pool, making it easy to take advantage of one of the neighborhood's most popular amenities. Mountain Park offers miles of trails, parks, recreation facilities, fitness amenities, gathering spaces, and beautifully maintained grounds to create a lifestyle that extends far beyond the home itself. Here, you're not simply buying a residence—you're gaining access to a community designed around recreation, connection, and the outdoors. A rare opportunity to enjoy NW contemporary architecture, treetop views, and the unmatched amenities of Mountain Park in one of Lake Oswego's most established and beloved neighborhoods.

4 TOUCHSTONE Unit #138, Lake Oswego

$189,000

1 Beds ⋅ 1 Baths ⋅ 245824062 MLS

Are you looking for your first home, an investment property, or downsizing? This is the place for you! A peaceful escape in the heart of Lake Oswego. This light-filled condo at Ridgecrest features an open layout, large windows framing tree-lined views, a private deck made for morning coffee, and a wood-burning fireplace for cozy evenings in. Plus, you get a refrigerator, washer, and dryer all included. Ownership includes access to the on-site pool plus the full Mountain Park Community — clubhouse, fitness center, leisure and lap pools, hot tub, saunas, tennis courts, event venue, and scenic walking trails. Downtown Lake Oswego's restaurants, boutiques, and parks are just minutes away. Whether you're downsizing, starting fresh, or simply ready for a quieter pace, 44 Eagle Crest Dr is a wonderful place to begin your next chapter. Ready to see it in person? Contact us for a tour today!

44 EAGLE CREST DR Unit #10, Lake Oswego

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