About This Home

This 5-bedroom, 3-bathroom single family at 725 CARRERA Ln in Lakeoswego, OR is listed for $1,500,000 ($397 per sqft). Built in 1981, the home offers 3,780 sqft of living space on a 0.67 acres lot.

Key Features

  • Built in 1981
  • 0.67 acre lot
  • 3 stories

Property Details

3 stories
3 full
1981

Amenities

A/C
Listing Description

Exceptional opportunity in the coveted Forest Highlands neighborhood! Lake Oswego high school boundary, over 1/2 acre lot, 5 bedrooms, plus bonus and loft! This home is such an amazing opportunity! Tear down price in the neighborhood is $1.1m, top end around $4m...don't miss the chance to own within this well established neighborhood.

While this home has been updated in the last 20 years...the opportunity to re-imagine the space is present. The main floor welcomes you with soaring vaulted ceilings & abundant natural light, floating staircase and a layout built for entertaining...did I mention the Master on the Main!

Spacious kitchen is designed for both everyday living and effortless entertaining, featuring a large island, extensive counter space, and plentiful cabinetry, with a dedicated dining room just off the kitchen. The luxurious primary suite on the main level, serves as a private retreat, complete with a spa-inspired en suite bath designed for relaxation & rejuvenation.

Additional three bedrooms provide flexibility for guests, home office needs, or multi-generational living, while a versatile flex/bonus room adapts beautifully as a media room, gym, or creative space. The lower level features a huge second living area anchored by a vaulted wet bar and a cozy fireplace, perfect for movie nights or quiet evenings in.

Outdoors, the expansive grounds offer room to roam, a play structure, fire pit area, and ample space to enjoy the privacy and possibilities that come with over a 1/2 acre in Lake Oswego. Assessed at over $2mm!

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

725 CARRERA Ln

Lakeoswego, OR 97034

Features & Amenities

Interior Features

Floor3rdAirCleanerEngineeredHardwoodGarageDoorOpenerHighCeilingsJettedTubLaundryTileFloorVaultedCeilingWalltoWallCarpet

Exterior Features

CrossFencedDeckFencedFirePitGardenOutbuildingPatioPorchSprinklerToolShedYard

Property Details

Pool Features

DeckPorchPatio

Heating

Forced Air

Cooling

Central Air

Appliances

BuiltinOvenBuiltinRangeCookIslandCooktopDishwasherDisposalDownDraftGraniteInstantHotWaterIslandMicrowavePlumbedForIceMakerTile

Questions & Answers

This 5-bedroom, 3-bathroom single family at 725 CARRERA Ln is listed at $1,500,000 ($397/sqft). The estimated monthly payment is $8,023 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1981, 0.67 acre lot, 3 stories. Interior Features: Floor3rd, AirCleaner, EngineeredHardwood. Exterior Features: CrossFenced, Deck, Fenced.

This property is listed by Sean Shepard and can be reached at 5036796618.

SS

Sean Shepard

Agent at Opt

(503) 679-6618

Listed by Opt · View on Broker Site

MLS# 705935910· Source: listhub· 127 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.

725 CARRERA Ln, Lakeoswego, OR 97034

Open this listing in: