Car-Dependent

1500 Ridgecrest Dr

Lake Oswego, OR


$1,950,000

Open House Dates

Residential
5 Beds
5 Baths
4,817 sqft
MLS
15001500
Landmark property situated on Lake Oswego's most sought after street. Enjoy stunning round-the-clock views starting with sunrise over Mt Hood, main Oswego Lake, golf course and glorious sunsets. This classic 1930's Cape Cod fronts exclusive Oswego Lake Country Club golf course and backs to Iron Mountain Trail Park. Supreme privacy on 1.33 acres. Top rated Lake Oswego School District and the deeded right for both boating and swimming on Oswego Lake. Neighboring multi-million dollar estates makes this a prime candidate to remodel or outstanding opportunity to build new, excellent and rare investment opportunity.

Presented By

Kathy Hall  

Principal Broker, Licensed in Oregon

Lake Oswego

  • Direct 503-212-5005
  • Mobile 503-720-3900
  • Office 503-635-9801
Email Us
Photo of Kevin Hall
Kevin Hall  

Broker, Licensed in Oregon

  • Direct 503-534-1560
  • Mobile 503-799-7255
  • Office 503-635-9801
Email Us
Property Details
Price
$1,950,000
Bedrooms
5
bathrooms
5.0
Square Feet
4,817
Style
Colonial
Year Built
1935
Acres
1.33
Garage Type
Attached
Location
County:
Clackamas
Status:
Active
Estimated Taxes:
$13,024
Listing Office:
Hasson Company
Schools
Elementary
Forest Hills
Middle
Lake Oswego
High
Lake Oswego

 Interior
Interior
Heating
Forced Air
Fuel
Electric
Basement
Daylite, Finished
Fireplaces
3
Fireplaces Description
Wood

 Exterior
Exterior
Roof Type
Shake
Siding
Cedar
Lap
Wood

 Lot & Land
Lot & Land
Acres
1.33
View
Golf Course
Lake
Mountain
lot description
Private


Select a Point of Interest and Radius from the form above.

Lake Oswego


With its serene setting and pristine grounds, it’s hard to believe that Lake Oswego is located just eight miles from Portland. Until its establishment in 1847, the city was a small collection of farms and homesteads on land rich with iron ore. Oregon Iron Company was founded with the goal to make Lake Oswego a major industrial center. Following the fall of the iron industry, the land was sold to some of Oregon’s original land developers and a residential district was established.

 

VIBE AND STYLE

Exceptional schools, beautiful homes and strong civic pride make Lake Oswego one of Oregon’s most exclusive and sophisticated neighborhoods. Residents are highly involved in community events and issues whether it’s volunteering at the city library, restoring outdoor habitats in parks and green spaces or attending an exhibit of a local artist.

Many of the homes along the shores of Oswego Lake are as impressive as the natural beauty around them. Original homes reflect the classic architectural style of the area’s history, including English cottage, Tudor revival, Victorian and Craftsman. Newer estates are modern and contemporary, constructed of high quality materials consistent with the area’s luxurious atmosphere.

 

LOCAL SCENE

The area’s downtown business district is a popular destination for high-end shopping, dining and art galleries surrounded by breathtaking views of the lake. Outdoor art decorates downtown blocks while hanging flower baskets, carefully-chosen plantings and green trees enhance the city’s appeal.

Lake Oswego is host to a thriving art scene and a popular destination is the Lakewood Center for the Arts. Dedicated to education and programming in the visual arts and theater, the center provides a schedule of classic and modern plays as well as classes for students aspiring to become actors and playwrights.

 

OUTDOOR SANCTUARY

Lake Oswego’s proximity to Oswego Lake and the Willamette River allow residents the opportunity to experience a variety of water activities close to home. At the city-owned water sports center, rowing, kayaking and canoeing lessons are offered for kids and adults. Choose from two swimming facilities conveniently located on the river, or head to Waluga Park with its 53 acres of beautifully-maintained hiking trails and sport fields. 



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


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Listing Courtesy of

Hasson Company

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.

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