About This Home

This 2-bedroom, 3-bathroom condo at 562 2ND St in Lakeoswego, OR is listed for $719,000 ($525 per sqft). Built in 2005, the home offers 1,370 sqft of living space on a N/A lot.

Key Features

  • Built in 2005
  • 3 stories

Property Details

3 stories
2 full, 1 half
2005

Amenities

A/C
Listing Description

Charming townhome in the heart of downtown Lake Oswego. Tucked away in a quiet European-style courtyard in coveted First Addition, this beautifully appointed home offers the perfect blend of privacy, style, and walkability. The main level features an open-concept living and dining area with solid hardwood floors, a cozy gas fireplace and powder room.

A sliding glass door opens to an attached private patio, perfect for morning coffee, outdoor dining, or evening entertaining. The kitchen includes stainless steel appliances, shaker cabinetry with Rejuvenation hardware, quartz countertops, and a functional layout that connects easily to the main living space.

On the second floor you'll find two ensuite bedrooms with closet organizers and a conveniently located laundry. The third level features a bright open loft with expansive windows, vaulted ceilings and storage closets, perfect for a secluded living area or home office.

Additional highlights include a newly installed Carrier furnace and heat pump/AC, new wall-to-wall carpeting throughout the second and third floors and a deeded garage with storage. Enjoy access to the beautifully maintained shared courtyard and an unbeatable First Addition location just blocks from downtown Lake Oswego shops, restaurants, the farmers market, library, grocery stores, parks, and more.

Served by top-rated Lake Oswego schools, this is low-maintenance living in one of Lake Oswego's most desirable neighborhoods.

Monthly Cost Estimate

$4,460/mo

20% down · 6.5% · 30 years

Principal$520
Interest$3,116
Insurance$210
HOA$615

Estimates only. Actual payments may vary.

Location

562 2ND St

Lakeoswego, OR 97034

First Addition

Features & Amenities

Interior Features

HardwoodFloorsLaundrySprinklerTileFloorVaultedCeilingWalltoWallCarpet

Exterior Features

FencedPatioSprinkler

Property Details

Pool Features

Patio

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Appliances

BuiltinRefrigeratorDishwasherDisposalFreeStandingGasRangeGasAppliancesRangeHood

Questions & Answers

This 2-bedroom, 3-bathroom condo at 562 2ND St is listed at $719,000 ($525/sqft). The estimated monthly payment is $4,461 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $615/month.

Key features include: Built in 2005, 3 stories. Interior Features: HardwoodFloors, Laundry, Sprinkler. Exterior Features: Fenced, Patio, Sprinkler.

This property is listed by Chris Larsson and can be reached at 5039896123.

CL

Chris Larsson

Agent at Real Broker

(503) 989-6123

Listed by Real Broker · View on Broker Site

MLS# 514764398· Source: listhub· 29 days on market

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

562 2ND St, Lakeoswego, OR 97034

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