Lake Oswego is located in the northwestern corner of Clackamas County and is ideally situated close to Oregon’s major metropolitan areas. Just eight miles south of downtown Portland. Despite countless beautiful neighborhoods on the outskirts of yown, the most desirable properties are the private lake-front properties scattered along the shores. The lake is maintained by the Lake Oswego Lake Corporation and is fed by the Tualatin River. Lake access is only available to members of the Lake Corporation or lake-front property owners. Eligibility for membership in the Lake Corporation is determined by address and available for sale.
Surrounding the private lake are many desirable neighborhoods, each with its own unique charm. The city of Lake Oswego is primarily an affluent residential community (population 36,000), there are some commercial developments and light manufacturing. Most of the retail businesses are located downtown near the Willamette River (and are high-end) or in Lake Grove (day to day needs) near Interstate 5. Over the past 20 years, new commercial development in the form of high rise offices and financial services companies have sprung up along Kruse Way, which is the major feeder into Lake Oswego from I-5 and the west. Lake Oswego does not have the color and quirkiness of many Portland neighborhoods so some may consider it a bit too perfect and boring.
This expansion of the city has created many jobs that pay well and allow residents to remain in close proximity to their homes. The area has a wealthy demographic of longtime residents with a fair amount of ‘old money’. If you can afford it, Lake Oswego combines a small-town feel with local traditions and bustling communities to provide a high quality of life as residents live and work in such close proximity to their homes that Portland traffic is essentially a non-issue.
Lake Oswego Schools have consistently been rated the highest in Oregon. There is very little diversity and not a lot of special education offerings. The high school has a strong college prep culture. They are also very competitive in most sports. The Lake Oswego School District is not growing so many of the buildings are older and they have closed a couple of grade schools in recent years. The quality of LO school district is a significant motivator for buyers with children who can afford the price tag of the area. Of course, these factors all add up to higher priced homes and a pristine community. To find out more about the School District, click here.
The community of Lake Oswego hosts events year round, from celebrating local musicians and artists to the Saturday Farmers Market during the summer, the annual Art Festival, and the tree lighting ceremony at Christmas – just to name a few – there is always something happening in LO! For more information about the city and a full list of events, click here.
Jolynne Ash, Principle Broker, & Malcolm Ash, Broker, DreamStreet Team, Berkshire Hathaway HomeServices Northwest Real Estate.
3 Centerpointe Suite 260, Lake Oswego, OR 97035. Office: 503-678-2020, Direct 503-804-1608 or 503-887-0515