This stunning lakefront home offers breathtaking views and direct lake access, ideally located in a quiet "no wake" zone for peaceful waterfront living. The back of the home is elevated above the lake, creating an impressive panoramic view. Step outside to your private, newer upper deck and follow the steps down to your private newer dock, perfect for enjoying the lake up close. The beautifully landscaped backyard, complete with lush grass, provides a serene, natural retreat on a spacious 0.32-acre lot.Situated in the highly desirable Lakewood neighborhood, this home offers convenient access to parks, cultural events, restaurants, and boutique shopping, all just minutes away.Inside, a dramatic wall of windows fills the spacious living room with natural light, perfectly framing the lake and surrounding views. The main house is all on one level and features an updated kitchen, three ensuite bedrooms, a dedicated office, and a separate bonus/media room.The lower level includes an updated, self-contained guest suite with its own private entrance, kitchen, bathroom, and laundry, ideal for extended family, guests, or a home office setup.An oversized three-car garage provides generous space, including multiple storage rooms for tools, equipment, or hobby needs. The expansive driveway offers ample parking for guests. Total square footage of the home includes guest quarters and storage areas at street level.Enjoy access to three lake easements for boating and water recreation. This is an ideal home to live in, remodel or rebuild. The possibilities for this desirable property and prime location are endless.
Est. $5,461 per month, based on comparable rentals
Sale and tax history for 408 Ridgeway Rd
Sale History
Tax History
Date
Event
Price
RMLS #616065851
May 29, 2026
Sold
$1,700,000
$417/sq ft
May 4, 2026
Pending
—
Apr 27, 2026
Price Changed
$1,950,000
$479/sq ft
Apr 4, 2026
Price Changed
$2,200,000
$540/sq ft
Jan 31, 2026
Price Changed
$2,250,000
$552/sq ft
Nov 3, 2025
Price Changed
$2,300,000
$565/sq ft
Oct 3, 2025
Listed
$2,450,000
$601/sq ft
Public Records
May 2, 1997
Sold
$430,000
$106/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$20,682 (+2.7%)
2024
$20,131 (+3.0%)
2023
$19,540 (+3.1%)
2022
$18,960 (+8.3%)
2021
$17,510 (+2.6%)
2020
$17,070 (+2.5%)
2019
$16,650 (+5.2%)
2018
$15,833 (+3.6%)
2017
$15,277 (+9.9%)
2016
$13,906 (+3.5%)
2015
$13,435 (+1.3%)
2014
$13,261 (+1.8%)
2013
$13,021 (+2.9%)
2012
$12,653 (+3.5%)
2011
$12,220 (+1.7%)
2010
$12,014
2009
$12,014
Public record
Public record
Zoning
Permits
Beds
3
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
—
Sq. Ft.
5,091
Year built
1935
Style
Single Family Residential
County
Clackamas County
APN
00256083
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
R-7.5
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
Aug 21, 2020 • Final
Residential structural
Install new electrical circuits for a remodeling project.
Remodel
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.
Interior Features: Garage Door Opener, Hardwood Floors, Separate Living Quarters/Apartment/Aux Living Unit, Wall to Wall Carpet
Fireplace YN: Yes
Fireplaces Total: 1
Fireplace Features: Gas
Window Features: Vinyl Frames, Wood Frames
Basement: Crawl Space
Bathroom Information
Bathrooms Full: 4
Bathrooms Full Lower Level: 1
Bathrooms Full Main Level: 3
Bathrooms Total Integer: 4
Bathrooms Total Lower Level: 1
Bathrooms Total Main Level: 3
Baths Total: 4
Room 4 Information
Area: 220
Description: Office
Features: Bookcases
Features Cont: Closet
Length: 20
Width: 11
Level: Main
Room 5 Information
Description: 4th Bedroom
Features: Exterior Entry
Features Cont: Closet, Ensuite, Laminate Flooring
Level: Lower
Room 6 Information
Area: 460
Description: Bonus Room
Length: 23
Width: 20
Level: Main
Room 7 Information
Area: 272
Description: 2nd Bedroom
Features Cont: Ensuite
Length: 17
Width: 16
Level: Main
Room 8 Information
Description: 3rd Bedroom
Features Cont: Ensuite
Level: Main
Room 9 Information
Area: 112
Description: Dining Room
Features: Hardwood Floors
Length: 16
Width: 7
Level: Main
Room 10 Information
Description: Family Room
Room 11 Information
Area: 285
Description: Kitchen
Features: Dishwasher, Disposal, Eat Bar, Hardwood Floors, Island, Microwave, Pantry
Features Cont: Double Oven
Length: 15
Width: 19
Level: Main
Room 12 Information
Area: 540
Description: Living Room
Features: Fireplace, Hardwood Floors
Length: 18
Width: 30
Level: Main
Room 13 Information
Area: 280
Description: Primary Bedroom
Features Cont: Ensuite
Length: 20
Width: 14
Level: Main
Room 14 Information
Description: Great Room
Exterior
Exterior Features
Roof: Composition
Exterior Features: Deck, Dock, Yard
Exterior Description: Stone, Vinyl Siding
Waterfront Information
Waterfront YN: Yes
Waterfront Features: Lake
Structure Type Information
Other Structures Baths 1: 1.0
Other Structures Features 1: Bathroom, Heated, Kitchen
Other Structures Type 1: Accessory Dwelling Unit
Other Structures
Other Structures Baths Total: 1
Other Structures No Structures: 1
Lot Information
Lot Size Square Feet: 13,939
Lot Size Range: 10,000 to 14,999 SqFt
Lot Size Acres: 0.32
Lot Size: 10,000 to 14,999 SqFt
Lot Features: Sloped
Parcel Number: 00256083
Water Body Name: Oswego Lake
Road Surface Type: Paved
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Resale
Main Level Area Total: 4,074
View YN: Yes
View Description: Lake
Building Information
Year Built: 1935
Building Area Total: 4,074
Building Area Description: Appraisal
Building Area Calculated: 4,074
Financial
Tax Information
Tax Year: 2025
Tax Legal Description: 507 LAKEWOOD NO 1 PT LTS 41 42 & 251 ALSO PT VAC SHORE RD
Tax Annual Amount: $20,682.46
Lease / Rent Information
Land Lease YN: No
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: Yes
Cooling: Central Air
Location
School Information
Elementary School: Forest Hills
Middle Or Junior School: Lakeridge
High School: Lakeridge
Location Information
Directions: HWY 43 to Middlecrest Rd to Fairmont to Ridgeway Rd.
Unparsed Address: 408 RIDGEWAY RD, Lake Oswego, OR 97034
Community Information
Senior Community YN: No
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 5,091
Stories: 1.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1935
Year Renovated: —
County: Clackamas County
APN: 00256083
Home facts updated by county records on Jun 18, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Remarks
Public Remarks Other Structures: The updated guest quarters is located at street level and is attached to the main house. The total square footage of the home includes this guest space. Heating is provided by a wall-mounted unit.
New Construction Information
New Construction YN: No
Around this home
Schools
Forest Hills Elementary School
Public K-5 • Assigned • 1.1mi
9/10
Lake Oswego Junior High School
Public 6-8 • Assigned • 1.9mi
8/10
Lake Oswego Senior High School
Public 9-12 • Assigned • 2.0mi
10/10
Provided by GreatSchools
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
3/10 Heat Factor
7 days above 93° expected this year, 15 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
59
83
61
76
57
62
48
52
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
76/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.12M – $2.57M
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