$ 1,440,000
-
$1,440,000
Price -
4
Bed -
3
Bath -
3,022
SqFt
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About the Listing ELRE02 - ANNES
Must-see Lake Grove retreat on nearly a half acre. Tucked away in a fully fenced, park-like setting in the heart of Lake Oswego, this rare gem offers unmatched flexibility and charm. Featuring $250K+ in recent upgrades (see list), soaring ceilings, and a unique floor plan with a structurally attached guest suite/ADU—this property checks every box. The main home features 3 bedrooms, 2 full bathrooms, beautiful hardwoods, and a spacious primary suite with vaulted, beamed ceilings and large walk-in closet. The attached 1-bedroom ADU includes a private entrance, full bath, kitchenette, laundry, and large living area—perfect for guests, extended family, or income. Proven Income GeneratorBoth the main home and ADU have been operated as separate, highly rated Airbnb listings with strong rental history. The ADU alone has generated $25K–$40K annually. The main house has the potential to earn 2.5–3x that amount, based on prior usage. Listings and existing property management can transfer to the new owner for a truly turn-key, dual-income opportunity. Enjoy seamless indoor-outdoor living with a Hot Tub of Oregon spa, covered dining patio, serene pond with water feature, exterior sound system, firepit, and mature trees illuminated at night. Additional highlights include: 3-car garage, new roof with warranty, recent exterior paint, and access to three exclusive lake/boat easements—including the newly renovated Goodin easement. Whether you’re looking for a private sanctuary, an entertainer’s dream, or flexible income-generating potential, this one-of-a-kind home delivers. Seller open to creative financing.
Listing Highlights for 3435 Lake Grove Ave
Status
Active
Days on Site
87
Property Type
Residential
MLS ®
687582050
Year Built
1978
Total Square Footage
3,022
Lot/Acreage
0.45
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central Air,MiniSplit
- Heating: Forced Air - 90%
- Fireplaces: 1, Gas
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other: AccessoryDwellingUnit,Garage Door Opener,Granite,Hardwood Floors,Jetted Tub,Laundry,Separate Living Quarters/Apartment/Aux Living Unit,Skylight,Sound System,Tile Floor,Vaulted Ceiling(s),Washer/Dryer
- Water: Public Water
Exterior Details
- Lot Description: Level,Pond,Private
- Garage Capacity: 3 car
- Parking Spaces: 3
- Roof: Composition
- Others: AccessoryDwellingUnit,Covered Deck,Deck,Dog Run,Fire Pit,Free-Standing Hot Tub,Guest Quarters,Porch,RV Parking,Security Lights,Spa,Sprinkler,Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Attached
Financial Details
- Tax Amount: $10,077
- Taxes w/Assessments: N/A
- Tax/Property ID: 00245470
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
3435 Lake Grove Ave Lake Oswego, OR 97035
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