Lake Oswego Homes under $700,000

Welcome to Lake Oswego, Oregon—where stunning natural beauty meets vibrant community life! Nestled just a stone's throw from the bustling city of Portland, Lake Oswego is renowned for its picturesque waterfront, charming downtown, and an array of outdoor activities. With its serene lake, lush parks, and scenic trails, this charming city offers a perfect blend of tranquility and adventure.

For those searching for a home in this idyllic setting, Lake Oswego presents an exciting opportunity to find beautiful properties under $700,000. Whether you're a first-time homebuyer, a growing family, or someone looking to downsize, you'll discover a diverse selection of homes that cater to various tastes and lifestyles. From cozy single-family residences to modern townhomes, the real estate market here is as inviting as the community itself.

Imagine waking up to the gentle sounds of nature, enjoying your morning coffee on a sunlit patio, or taking a leisurely stroll along the lakefront. Lake Oswego is not just a place to live; it’s a lifestyle. The city boasts top-rated schools, vibrant local shops, and a rich cultural scene, making it an ideal location for families and individuals alike.

With its affordable housing options and a strong sense of community, Lake Oswego is a hidden gem waiting to be discovered. Don’t miss your chance to be part of this enchanting city—explore the homes available under $700,000 and start your journey toward a new life in Lake Oswego today!

Newest Lake Oswego Homes under $700,000

$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

45 EAGLE CREST DR Unit #501, Lake Oswego

$259,000

3 Beds ⋅ 2 Baths ⋅ 464132895 MLS

Discover top-floor living in this 1516 sq. ft. 3-bedroom, 2-bath condo, perfectly situated in the desirable Mt. Park community. Located in a secure 5-story building with elevator access, this home offers a spacious, light-filled layout with fresh paint and updated flooring and enclosed balconey. Enjoy access to community amenities, including an outdoor pool, plus membership to the renowned Mt. Park Recreation Center, featuring an indoor pool, fitness center, walking trails, and more. The building is currently undergoing an exterior renovation, further enhancing its appeal. This is an incredible opportunity to own in one of Lake Oswego’s most sought-after neighborhoods, with easy access to shopping, dining, and top-rated schools. Schedule your private showing today! Seller will consider lease to own option.

45 EAGLE CREST DR Unit #501, Lake Oswego

$350,000

3 Beds ⋅ 2 Baths ⋅ 591045527 MLS

Surrounded by mature trees, this 1,550-square-foot end-unit condo offers a sense of privacy along with seasonal West Hills views. The split-level layout places a vaulted living room, dining area and kitchen on the main level, with three bedrooms and two full baths upstairs. Sliding doors from both the living and dining areas open to the deck, extending the living space outdoors. A wood stove adds another focal point to the living room, while the kitchen features granite counters, an eating bar, double ovens, a glass cooktop and a new dishwasher. The primary bedroom includes an ensuite bath and walk-in closet. A heat pump and detached one-car garage add everyday convenience. Mountain Park Recreation Center membership is available for a separate optional fee, with access to indoor pools, fitness facilities, saunas and sports courts. Nearby destinations include New Seasons, Oswego Towne Square and the Lake Oswego Recreation & Aquatic Center, with downtown Lake Oswego’s shops, restaurants and Lake Theater & Cafe a short drive away.

48 EAGLE CREST DR Unit #1A, Lake Oswego

$669,000

3 Beds ⋅ 3 Baths ⋅ 301150198 MLS

Beautifully updated and thoughtfully appointed, this exceptional Condolea residence offers an elevated blend of comfort, style, and effortless living, all framed by a breathtaking Mt. Hood view! Ideally situated within this sought-after 55+ Mt. Park community, the home features a versatile floor plan designed for both gracious entertaining and relaxed everyday living. At the heart of the home, the beautifully updated kitchen features granite countertops, stainless steel gas appliances, abundant cabinetry, and an oversized peninsula with eating area. The adjoining dining room opens to an expansive outdoor deck perfectly positioned to take in the spectacular Mt. Hood backdrop, creating a seamless connection between indoor and outdoor living. Just beyond, the inviting living room is anchored by a cozy gas fireplace, completing a warm and sophisticated gathering space. The light-filled main level offers the ease of single-level living with a large primary suite and an additional bedroom, bathroom and laundry. The lower level offers exceptional flexibility with a third bedroom and full bath plus a family room with a wood fireplace. A separate exterior entrance off the family room leads to a second deck. An oversized storage area provides abundant space for seasonal items, hobbies, and more. Thoughtful improvements further enhance the home, including newer windows and siding, a new furnace and air conditioning installed in 2019, and 2025 updates include fresh interior paint, plumbing improvements, a new refrigerator and dishwasher. Enjoy a peaceful, low-maintenance lifestyle surrounded by scenic walking trails, along with access to Condolea's outdoor pool. Residents also enjoy the exceptional amenities of the Mt. Park Recreation Center, including an indoor pool, fitness center, tennis courts and spacious gathering areas.

67 CONDOLEA TER, Lake Oswego

$650,000

3 Beds ⋅ 2 Baths ⋅ 451821012 MLS

A blank canvas in Lake Oswego, ready for you to take it from here. Gutted down to the studs, this home offers the opportunity to design and build out the interior from the ground up without taking on the initial demolition and prep work. Create a floor plan, finishes, and spaces tailored to the way you want to live. The property sits on a generous, level lot with a large, fully fenced backyard offering plenty of room for outdoor living, gardening, play, or future improvements. An oversized two-car garage adds additional space and flexibility. Existing improvements include a gas furnace approximately 9 years old, roof approximately 16 years old, and a water heater purchased in 2025. Located on a cul-de-sac just 1.5 blocks from River Grove Elementary and convenient to Lake Oswego parks, shopping, dining, and major commuter routes. With the interior already taken down to the studs, much of the upfront work has been completed, leaving a head start on creating a home that is entirely your own.

19222 BENFIELD AVE, 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

$375,000

2 Beds ⋅ 2 Baths ⋅ 690548077 MLS

Enjoy the best of Lake Oswego living in this well-maintained 2-bed, 2.5-bath townhouse-style condo just off Carman Drive. The open-concept main level flows easily between living room, dining area, and kitchen, anchored by a cozy fireplace. The kitchen offers stainless steel appliances and an eat-up bar, ideal for casual meals or entertaining. A convenient half bath completes the main floor. Dont forget to enjoy your private patio with room for BBQ and those perfect summer evenings!Upstairs, both bedrooms are light and bright, with their own full bathrooms — great privacy for owners or guests. In-unit laundry and an attached garage add everyday convenience.Location is a standout: surrounded by wooded green space and steps from miles of walkable trails, it's perfect for morning runs, dog walks, or unwinding outdoors. Nearby shopping and everyday conveniences keep you close to it all while still feeling tucked away.A great blend of privacy, walkability, and easy living — this Lake Oswego condo is ready for you.

3926 CARMAN DR, Lake Oswego

$425,000

3 Beds ⋅ 2 Baths ⋅ 559780986 MLS

Enjoy a peaceful, wooded setting in Lake Oswego’s Red Fox Hills community. This two-level condo offers open living spaces and a large private deck surrounded by mature landscaping. The main level features a spacious living room with fireplace and large windows, dining area, kitchen, utility room, full bathroom, and a third bedroom that also works well as a home office. Upstairs are two additional bedrooms, including the generously sized primary bedroom, along with a second full bathroom. A detached garage provides covered parking and additional storage. Outside, Red Fox Hills offers an exceptional park-like environment with expansive common green spaces, mature trees, walking paths and a community pool. Access to the trails of Tryon Creek State Natural Area is just a few blocks away. The home presents an opportunity for a new owner to update and personalize the interior to their own taste while enjoying the setting and amenities of this established Lake Oswego community.

1325 BONNIEBRAE DR, Lake Oswego

$287,000

2 Beds ⋅ 1 Baths ⋅ 299861100 MLS

Light-filled top-floor end unit in Lake Oswego with $45K in recent upgrades! Located in the quiet pocket of Waluga, this 2-bed (one bedroom + Loft) condo offers a functional floor plan bathed in natural light with tree views. Open concept living with vaulted ceilings, a wood-burning fireplace, and a private deck that connects the space to the outdoors. Updated kitchen with all appliances included and in-unit laundry with washer/dryer. Includes 1 deeded covered parking space, EV charging, and plenty of guest parking. Enjoy resort-style HOA amenities: saltwater pool, hot tub, sauna, gym, and clubhouse. HOA dues also cover water, sewer, and trash. FHA-approved community with NO rental cap (no short-term rentals). Unbeatable Kruse Way corridor location just 3–5 minutes to I-5, Hwy 217, Trader Joe’s, Safeway, and Boones Ferry Rd dining. Love to walk for fitness or to unwind after work? Stroll right out your door to gorgeous green neighborhoods or take a 15 minute walk to Zupan’s, Grassa or CVS. Top-rated Lake Oswego schools (10/10 LO High). Low-maintenance living plus strong investment potential in one of the Portland metro’s most desirable markets!

4000 CARMAN DR Unit #G108, Lake Oswego

$469,900

2 Beds ⋅ 2 Baths ⋅ 151358643 MLS

The most stylish condo with minimal HOA fees and plenty of amenities in Lake Oswego. This 2285 sf residence has been meticulously cared for and finished with very purposeful choices. This home has everything from beautiful slate tile to granite and concrete counters, new carpet, solid hardwood floors, and a recently added gas fireplace with a gorgeous surround. The home is further enhanced by private patios with TREX type decking. It also has a single car tuck-under garage, a new electrical panel, and a 220v connection to accomodate EVs. There are 2 HOAs, one for the property, the other for recreation. Mountain Park HOA amenities($81.66/MO): athletic court, tennis, pool with slide, weight room, party room, sauna, steam room and more.

4330 BOTTICELLI ST, Lake Oswego

$325,000

3 Beds ⋅ 2 Baths ⋅ 688183481 MLS

Nestled in Lake Oswego's Mountain Park neighborhood, this spacious 3-bedroom, 2-bathroom, 1,623 sq ft corner-unit condo offers beauty & privacy in a classic Pacific Northwest setting. Surrounded by mature trees, the split-level layout perfectly balances open-concept common rooms with private bedrooms. The oversized living and dining areas flow into a light-filled solarium and an upgraded kitchen featuring ample cabinet & counter space with stainless appliances and new glass-top range and new sink. The primary suite includes an attached bath and walk-in closet. With walls of windows across the living spaces, the home provides lovely wooded views that make you feel like you are living in a tree house. Step through the sliding glass doors onto a spacious, newly refinished oversized deck to enjoy your morning coffee with beautiful seasonal views of the West Hills and Council Crest and lovely sunset colors. The property includes a detached one-car garage, an additional reserved parking space, and an HOA that covers water, garbage, recycling & exterior maintenance. Residents also have full access to the premier Mountain Park Rec Center’s indoor pools, fitness studios, saunas, and sports courts. Tucked away in nature, yet just minutes from New Seasons, Oswego Towne Square & the brand-new Lake Oswego Recreation & Aquatic Center. And the great shops, restaurants and pubs of downtown Lake Oswego are just 10 minutes away. Here you can enjoy dinner & a movie at the historic Lake Theater & Cafe or access Lake Oswego from the new paddle launch.

48 EAGLE CREST DR Unit #2E, Lake Oswego

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