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About this home
PRICE IMPROVEMENT! A Private Designer inspired Lake Oswego Sanctuary where Luxury meets Nature.Discover an extraordinary Lake Oswego estate designed for refined living, unforgettable entertaining, and everyday enjoyment of nature.Tucked away in a serene and exceptionally private setting, this five bedroom -3.5 spa bath home offers a rare combination of sophistication, comfort, craftsmanship and natural beauty. The heart of this five bedroom home is its beautifully appointed gourmet kitchen designed for both serious culinary pursuits and effortless gatherings. Equipped with all new WOLF appliances, an oversized Sub Zero refrigerator coupled with Thermador beverage drawers, as well as a dedicated wine cooler. Not to mention the thoughtfully chosen custom cabinetry, quartz counters and a large marble island to sit comfortably and chat with friends and family. The primary ensuite serves as a private retreat, complete with a cozy gas fireplace, an oversized glass-enclosed shower, as well as a cold plunge bathtub. Each room has been thoughtfully appointed with curated wall colors- luxury doors and trim, wide plank wood flooring as well as statement lighting features- too many upgrades to list! On the lower level, you will find premium amenities perfect for multigenerational living. On a game day, you will find a dedicated home theater room with a 106-inch projection screen, space for snacks and adjacent is the elite work out room- all for the sports enthusiasts and enough room for the the team to join! From the lower level you can enjoy a private oasis, featuring a high-end TimberTech deck, a built-in Jacuzzi hot tub, an athletic sport court, and a 100-foot backyard stream and picturesque waterfall that empties into a private pond. Additionally, the property conveys four Lake Easements, granting deeded recreational water access to Oswego Lake. Steps from the best schools, gourmet markets, renowned restaurants, endless water play for all! -Come take a private tour!
Palisades, located between Lake Oswego’s Lake Grove district and the Tualatin River corridor, is a residential and hillside Lake Oswego neighborhood with wooded slopes and pocket parks. The neighborhood’s character concentrates around the Boones Ferry Rd & Kruse Way area, where coffee counters, local eateries, and everyday services line a busy commercial strip. Housing trends toward mid-century ramblers and updated Northwest contemporaries, often set back behind tall firs. River-facing greenspaces and trail segments shape a outdoors-forward routine. Nearby community pillars such as Oswego Grill, La Provence Boulangerie & Patisserie, and Lake Theater & Cafe add a distinctly local cadence.
Provided by Walk Score and Local Logic
Offer insights
3151 Alber Spring Ct · $1,799,999
$1.76M and above
75% chance or better to win
Why $1.76M+ is a strong offer
DAYS ON MARKET
94 days
The average home goes pending in 30 days.
SALE-TO-LIST
98.7%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Ceiling fans
Central vacuum (plumbed for central vacuum)
Garage door opener
High ceilings and vaulted ceiling
High-speed internet
Home theater / sound system
Laundry area with washer/dryer
Marble and engineered hardwood / wood / hardwood floors
Granite surfaces
Wainscoting
Soaking tub
Finished basement
Double-pane windows
3 gas fireplaces
Bedrooms
Primary bedroom with ensuite bathroom and walk-in closet (Upper level)
Second bedroom with bathroom, walk-in closet and wainscoting (Upper level)
Third bedroom with hardwood floors (Upper level)
Fourth bedroom with wall-to-wall carpet (Lower level)
Fifth bedroom with tile floor (Lower level)
Bathrooms
Total 4 bathrooms (3 full, 1 partial)
Full baths located on upper and lower levels; partial bath on main level
Kitchen
Gourmet kitchen with island and deck access
Built-in oven(s), built-in range and cooktop
Convection and double ovens
Downdraft and gas cook options
Built-in and free-standing refrigerators
Microwave
Disposal
Stainless steel appliances
Granite counters
Wine cooler
Laundry & utility
Washer and dryer included
Laundry area on main level
Gas hot water
Flooring
Hardwood floors throughout main living areas
Engineered hardwood
Wood floors
Tile in select bedrooms
Wall-to-wall carpet in one lower-level bedroom
Marble accents
Heating & cooling
Forced air high-efficiency heating (95+%)
Central air conditioning
Electric and gas fuel sources
Exterior features
Composition roof
Brick and stucco exterior
Covered patio and deck
Fenced yard
Sprinkler system
Built-in and free-standing hot tubs / spa
Athletic court and basketball court
Water feature and seasonal stream
Gas hookup outdoors
Private road
Security lights
Home design
Single-family residence (resale)
Property offers territorial, creek/stream and trees/woods views
Trio building area description
Parking
Driveway and on-street parking
Oversized 2-car garage
Security
Security lighting
Construction
Built in 1991
Slab foundation
Utilities
Public water
Public sewer
Cable and other internet service available
HOA & community
Part of Alber View Estates HOA
Annual association fee of $350
Other
Lot is a corner cul-de-sac, gentle sloping, private with paved road access
Lot size in the 10,000 to 14,999 sq ft range
Property address: 3151 Alber Spring Ct, Lake Oswego, OR 97034
Electricity and solar
View estimated energy costs and solar savings for this home
Welcome home to this private, light filled oasis! Live well in your 5 bed, 3.5 bath home, including a gourmet kitchen and great room that flows out to your Timber Tech deck! Upstairs bathrooms have heated floors, downstairs you can enjoy your 1000 bottle temperature controlled wine room (5th bed) and watch your favorite movie in the media room. Outside is a 100 foot stream & waterfall ending in a lovely pond. a built in jacuzzi, sport court, natural gas hook up. Walkable to Westridge Elementary.
RMLS #17692494
Jun 29, 2017
Sold
$985,000
$251/sq ft
May 19, 2017
Pending
—
Apr 21, 2017
Listed
$999,950
$255/sq ft
+27
Open Sat 5/20 1-3. This Exquisite custom home sits in a stunning oasis of privacy. Enjoy the 100 ft stream/ waterfall while relaxing in the Jacuzzi hot tub. The kitchen features Bellisimo Carmelo Aura granite, tile backsplash and under cabinet lighting. Jenn Air combination convection culinary center, Viking six top burner cooktop, Sub Zero wine fridge. The lower level houses a theater room with a 106 inch screen. 4 Lake Easements!
Public Records
Apr 1, 1990
Sold
$43,000
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$16,797 (+3.6%)
2025
$16,212 (+2.7%)
2024
$15,780 (+3.0%)
2023
$15,316 (+3.1%)
2022
$14,862 (+8.3%)
2021
$13,727 (+2.6%)
2020
$13,382 (+2.5%)
2019
$13,052 (+5.2%)
2018
$12,412 (+3.6%)
2017
$11,977 (+9.8%)
2016
$10,903 (+3.5%)
2015
$10,534 (+2.2%)
2014
$10,303 (+6.1%)
2013
$9,714 (+1.1%)
2012
$9,610 (+1.9%)
2011
$9,432 (+0.1%)
2010
$9,419
2009
$9,419
Public record
Public record
Zoning
Beds
5
Baths
3.5
Stories
2
Lot width
—
Lot depth
—
Lot size
10,056 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,917
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,917
Year built
1991
Style
Single Family Residential
County
Clackamas County
APN
01367229
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 4, 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
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
6 days above 92° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
14 unhealthy days expected this year, 15 days in 30 years
Provided by First Street
Historical weather
Lake Oswego, OR • 97034
Average low and high temperatures (°F)
47°
36°
49°
38°
56°
43°
65°
45°
71°
50°
77°
54°
84°
58°
84°
62°
77°
57°
61°
47°
52°
43°
50°
41°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Lake Oswego. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3151 Alber Spring Ct
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $932,500 and $2,190,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $933K to $2.2M.