Open House Sat, Sep 12th 11:00 AM - 01:00 PM - Price Reduction - New Construction
Address
242 G Ave, Lake Oswego, OR
Price
$ 599,900

Your Broker

Kim Lilles

Director of Operations & Oregon Licensed Real Estate Broker

971-265-9001

Property Attributes
  • MLS#335778811
  • TypeSingle Family
  • Listing Status Active
  • CountyCLACKAMAS
  • CityLake Oswego
  • Area147
  • NeighborhoodFIRST ADDITION
  • Zip97034
  • StyleModern
  • Year Built2026
  • Price$ 599,900
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1170
Data Source:
Regional Multiple Listing Service (RMLSOR)
Property Description

** Now 50% sold out! 4 out of 8 homes are pending! ** Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! ESTIMATED RENT IS $4,000/MO.

Elementary School Middle School High School
Forest Hills Elementary School Lake Oswego Middle School Lake Oswego High School
Price History
6/30/2026 Listed $599,900
8/22/2026 2$589,900

General Features

Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Composition
Appliances Dishwasher,Disposal,FreeStandingRange,Quartz,StainlessSteelAppliance
Architectural Style Modern
Year Built 2026
Stories Count 2
Property Subtype SingleFamilyResidence
Warranty BuilderWarranty
Parcel Number New Construction
County Clackamas
Property Type Residential
HOA No
Subdivision Name FIRST ADDITION
Full Baths 2
Status Active
Directions E Ave and 3rd Street
High School Lake Oswego
City LakeOswego
Disclosures Exempt
MLS Area _147
Listing Terms Cash,Conventional,FHA,VALoan
Elementary School Forest Hills
Middle/Junior High School Lake Oswego
Property Condition NewConstruction
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription TreesWoods
Legal Description Koval Cottages - LOT 3
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities HardwoodFloors,TileFloor
Basement FullBasement
Hot Water Electricity
Window Features DoublePaneWindows
Total Bathrooms 2.1
FuelDescription Electricity
Total Bedrooms 2
Total Baths 3
1/2 Baths 1

Exterior Features

Exterior Amenities Fenced,Patio,Porch
Parking Features OnStreet
Lot Features Level
Water Source PublicWater
Exterior Description BoardBattenSiding,CementSiding
Foundation Details Slab
Building Area Total 1170.0
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97034

Price
AVG $2.07M
$600K
Year Built
AVG 1984
2026
Visits
AVG 168
139
Data Provided by Inside Real Estate®

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