New Construction
Address
205 E Ave, Lake Oswego, OR
Price
$ 699,900
Property Attributes
- MLS#495387816
- TypeSingle Family
- Listing Status Active
- CountyCLACKAMAS
- CityLake Oswego
- Area147
- NeighborhoodFIRST ADDITION
- Zip97034
- StyleModern
- Year Built2026
- Price$ 699,900
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage1554
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! For investment purposes....ACTUAL RENT ON ANOTHER HOME IN THE PROJECT IS $5,000/MO.
| Elementary School | Middle School | High School |
|---|---|---|
| Forest Hills Elementary School | Lake Oswego Middle School | Lake Oswego High School |
| Price History | |
|---|---|
| 9/1/2026 | Listed $699,900 |
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 8 |
| 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 | 3 |
| 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 | 1554.0 |
| 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
Year Built
Visits
In The Neighborhood
Open House
Lake Oswego
$ 1,200,000
- Type
- Single Family
- Size
- 2,673 SqFt
- Rooms
- 2 Beds + 3 Baths
Keller Williams Realty Portland Premiere
Primary On Main
Lake Oswego
$ 2,295,000
- Type
- Single Family
- Size
- 2,946 SqFt
- Rooms
- 3 Beds + 3.5 Baths
LUXE Forbes Global Properties
New Construction
Lake Oswego
$ 699,900
- Type
- Single Family
- Size
- 1,533 SqFt
- Rooms
- 3 Beds + 2.5 Baths
The Koval Group
Lake Oswego
$ 2,395,000
- Type
- Single Family
- Size
- 4,288 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Harnish Company Realtors
Reduced
Lake Oswego
$ 679,900
- Type
- Single Family
- Size
- 1,490 SqFt
- Rooms
- 3 Beds + 2.5 Baths
The Koval Group
Reduced
Lake Oswego
$ 599,900
- Type
- Single Family
- Size
- 1,170 SqFt
- Rooms
- 2 Beds + 2.5 Baths
The Koval Group
Reduced
Vernonia
$ 799,900
- Type
- Single Family
- Size
- 3,721 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Keller Williams Realty Portland Premiere
Open House
Lake Oswego
$ 2,049,000
- Type
- Single Family
- Size
- 2,801 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Harnish Company Realtors
