Tucked in the heart of Lake Oswego’s coveted Forest Hills neighborhood, this refined residence offers timeless comfort and everyday luxury. Surrounded by lush, curated landscaping that offers color year-round, the private backyard is a serene oasis perfect for elegant entertaining. Inside, natural light pours through generous windows, complementing warm fireplaces and spacious living areas. The chef’s kitchen flows easily to the family room and formal dining room, while the upstairs hosts bedrooms, laundry, and a luxurious primary ensuite with gas fireplace. The fully equipped ADU is ideal for guests or extended stays. Other fine details include: Generac home generator; EV charging access; 3 tankless hot water heaters; generous storage. Enjoy access option to the exclusive Forest Hills swim easement, evening walks to downtown LO, or nearby hikes through Iron Mountain Park. Solar exposure, wildlife sightings, and quiet evenings under the stars — all in a home that feels like a year-round retreat.
Single-familyProperty Type
1939Year Built
0.42 acresLot Size
$539Est. Price/Sq.Ft.
2 car garageParking
Listed by C. Morgan Davis• Keller Williams PDX Central
Bought with Justin Harnish• Harnish Company Realtors
Beautifully updated home with private guest quarters in coveted Lake Oswego neighborhood. Easy walk to popular Forest Hills easement, Country Club, and DT LO. This timeless classic is full of character but has modern amenities such as a remodeled kitchen for the gourmet cook w/ island, updated bathrooms, & hardwoods throughout. Master en suite up plus 4 additional bedrooms in main house, & balcony w/ lake views. The private backyard has an expansive patio with gorgeous landscaping, & gardens.
RMLS #12691451
Jul 20, 2012
Sold
$950,000
$190/sq ft
Jun 27, 2012
Listed
$1,095,000
$219/sq ft
Jun 27, 2012
Delisted
—
+11
Absolutely stunning LO home with separate living quarters includes Forest Hills lake easement, treed lot with spacious patio and sprinklers, hardwood floors, 4 fireplaces, kitchen with stainless appliances & island, 2 tankless hot water heaters, natural gas generator, security system, lots of storage & built-ins. Live in incredible style & comfort!
Public Records
Aug 21, 2006
Sold
$1,450,000
$290/sq ft
Public Records
May 1, 1988
Sold
$250,000
$50/sq ft
Public Records
Feb 1, 1985
Sold
$250,000
$50/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$22,582 (+2.7%)
2024
$21,980 (+3.0%)
2023
$21,334 (+3.1%)
2022
$20,701 (+8.3%)
2021
$19,118 (+2.6%)
2020
$18,638 (+2.5%)
2019
$18,179 (+5.2%)
2018
$17,287 (+3.6%)
2017
$16,680 (+9.9%)
2016
$15,183 (+3.5%)
2015
$14,668 (+1.3%)
2014
$14,479 (+1.8%)
2013
$14,216 (+2.9%)
2012
$13,815 (+3.5%)
2011
$13,343 (+1.7%)
2010
$13,117
2009
$13,117
Tax history for 168 Pine Valley Rd
Year
Property tax
Land + Additions
Assessment*
2025
$22,582 (+2.7%)
2024
$21,980 (+3.0%)
2023
$21,334 (+3.1%)
2022
$20,701 (+8.3%)
2021
$19,118 (+2.6%)
2020
$18,638 (+2.5%)
2019
$18,179 (+5.2%)
2018
$17,287 (+3.6%)
2017
$16,680 (+9.9%)
2016
$15,183 (+3.5%)
2015
$14,668 (+1.3%)
2014
$14,479 (+1.8%)
2013
$14,216 (+2.9%)
2012
$13,815 (+3.5%)
2011
$13,343 (+1.7%)
2010
$13,117
2009
$13,117
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
6
Baths
5.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.4 Acres
Year renovated
—
Sq. Ft.
4,906
Year built
1939
Style
Single Family Residential
County
Clackamas County
APN
00258848
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
R-10
Residential-Low Density Zone
To provide lands for single-family residential development with densities ranging from 2 to 5 dwelling units per gross acre, and to provide lands for middle housing development.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Communications tower
Housing-Mobile home park
Jul 8, 2025 • Final
Residential mechanical
Install a gas insert.
Gas
Aug 21, 2020 • Final
Residential electrical
Install a new electrical circuit and a 220-volt outlet for a stove.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Driveway, Off Street
RV Description: RV Parking
Parking Total: 2
Garage Information
Garage Type: Attached, Oversized
Garage Spaces: 2
Has Attached Garage: Yes
Interior
Virtual Tour Information
Virtual Tour Type: Video
Has Virtual Tour Unbranded: Yes
Virtual Tour Type 2: 3-D Tour
Has Virtual Tour Unbranded 2: Yes
Appliances
Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Granite, Island, Microwave, Pantry, Range Hood, Stainless Steel Appliance(s)
Hot Water Description: Gas, Tankless
Interior Features
Optional Level Area Total: 864
Optional Level: Main
Interior Features: Granite, Hardwood Floors, Laundry, Separate Living Quarters/Apartment/Aux Living Unit, Wall to Wall Carpet