OFF MARKET

Off Market Jul 2023 for $2M

$2,033,951

Est. refi paymentEst. refi $12,997/mo

•

2,332

sq ft

550 Middlecrest Rd, Lake Oswego, OR 97034

About this home

A Lakewood transformation you'll have to see to believe..Every space has been updated to perfection. Nestled among the trees, the setting is quiet & serene with a view of the lake! Quality and craftsmanship abound with tongue & groove surfaces, Carrara marble, aged brass hardware & wide plank oak floors. Designer details from Rejuvenation, Perrin & Rowe, Restoration Hardware & Circa Lighting. Kitchen features include custom cabinetry, farm sink & quartz counters with oak detailing. Spa-like primary suite with marble tile, soaking tub, walk in shower, dual sinks and ample closet space. Open living room with Ortal gas fireplace and peek-a-book lake views atop the trees. Step onto the front deck and enjoy the scenery - lush green trees and the crisp blue lake. Downstairs you'll find two additional bedrooms, spacious with plenty of light. Unwind in the family room with a wood burning fireplace surrounded by handmade Pratt & Larson tile, finished with a reclaimed white oak mantle. The utility room is both beautiful & functional with marble counters, a mud sink and built-in cabinetry. Private & lush backyard with space to relax or entertain. Expansive decks and a spot to have fireside chats. The park-like landscaping with a flowing water feature is truly magical. Don't miss the detached studio - built to mirror the look and feel of the main home. 3 lake easements, close proximity to downtown Lake Oswego shops, restaurants, farmers market & more. Live the Lake Oswego dream!

Single-familyProperty Type

1960Year Built

10,018 sq ftLot Size

$872Est. Price/Sq.Ft.

2 car garageParking

Listed by Robin Hakeman • Living Room Realty

Bought with Lynda O'Neill • John L. Scott

Redfin checked: a minute ago

•Source:RMLS #23135401

Redfin Estimate

$2,033,951

$41K since sold in July 2023$20K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 114.6% higher than the average sale price ($948K) of 6 comparable homes.

SOLD DEC 4, 2025
$736,935
A
3 beds3 baths1,796 sq ft
1520 Cherry Crest Ave, Lake Oswego, OR 97034
SOLD AUG 14, 2026
$1,029,000
B
4 beds2 baths1,736 sq ft
589 Ridgeway Rd, Lake Oswego, OR 97034
SOLD JUL 21, 2026
$1,650,000
C
4 beds3 baths2,166 sq ft
577 Middlecrest Rd, Lake Oswego, OR 97034
SOLD APR 16, 2026
$950,000
D
3 beds3 baths2,360 sq ft
764 10th St, Lake Oswego, OR 97034
SOLD JUN 24, 2026
$740,000
E
3 beds3 baths2,331 sq ft
600 Maple St, Lake Oswego, OR 97034
SOLD MAY 26, 2026
$580,000
F
3 beds3 baths1,919 sq ft
16081 Pearcy St, Lake Oswego, OR 97034

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Earn from this home

Sell

$351,117

Est. take-home

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Refinance

Est. cash available

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Rent

$4,443/mo

Redfin rental estimate

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Market trends in 97034, OR

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.2%

+0.2% MoM

Median sale price

$1.2M

$22K MoM

Avg. days on market

22d

0 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 3 HRS AGO
$2,249,000
5 beds5 baths4,429 sq ft
1921 Mapleleaf Ct, Lake Oswego, OR 97034
Carrie Spurlock • Real Broker
COMING SOON
$1,875,000
4 beds2 baths3,135 sq ft
2300 Childs Rd, Lake Oswego, OR 97034
Drew Burchette • Real Broker
NEW 33 HRS AGO
$600,000
3 beds2 baths1,517 sq ft
605 Ash St, Lake Oswego, OR 97034
Sharon Parmenter • Opendoor Brokerage LLC
$879,000
3 beds3 baths2,627 sq ft
13570 Shireva Dr, Lake Oswego, OR 97034
Jennifer Underhill • Utopia Real Estate
$1,100,000
4 beds4 baths2,723 sq ft
1545 Cloverleaf Rd, Lake Oswego, OR 97034
Michael Bernards • Keller Williams Realty Portland Premiere
$1,795,000
4 beds3 baths2,834 sq ft
927 10th St, Lake Oswego, OR 97034
Ben Droukas • Keller Williams PDX Central
VIDEO TOUR
$1,799,000
3 beds3 baths3,344 sq ft
752 Lake Forest Dr, Lake Oswego, OR 97034
Anna West • Harnish Company Realtors
$960,000
3 beds3 baths2,081 sq ft
14221 Dolph Ct, Lake Oswego, OR 97034
Patti Beckham • Coldwell Banker Bain
$1,549,000
5 beds3 baths3,542 sq ft
18148 Pioneer Ct, Lake Oswego, OR 97034
Debbe Crawford • eXp Realty, LLC
$2,115,000
4 beds6 baths3,374 sq ft
17132 Lowenberg Ter, Lake Oswego, OR 97034
Tracy Hasson • Cascade Hasson Sotheby's International Realty
See all

Provided by Redfin

Sale history for 550 Middlecrest Rd

Date

Event

Price

RMLS #23135401

Jul 21, 2023

Sold

$2,075,000

$890/sq ft

Jul 15, 2023

Pending

—

Jul 13, 2023

Listed

$1,999,900

$858/sq ft

RMLS #20002346

Sep 30, 2020

Sold

$848,000

$364/sq ft

Aug 16, 2020

Pending

—

Aug 12, 2020

Listed

$805,000

$345/sq ft

Updated NW Contemporary, freshly painted interior on Lakewood Peninsula. Lake/mountain views. Quiet street; yet steps to shopping, theater, parks, restaurants. Zen-like private backyard. Great room concept with hardwood floors. Kitchen with granite counter tops, farm sink, Viking and Subzero appliances. All baths updated. Master suite w soak tub, heated floors, glass tiles. Rights to 3 lake easements. Highly rated Lake Oswego schools.

Public Records

Nov 2, 2010

Sold

$550,000

$236/sq ft

RMLS #10019057

Sep 14, 2010

Pending

—

Sep 10, 2010

Pending

—

Aug 9, 2010

Price Changed

$251/sq ft

Mar 15, 2010

Price Changed

$257/sq ft

Mar 6, 2010

Listed

$268/sq ft

Public Records

Jul 21, 2005

Sold

$580,000

$249/sq ft

RMLS #5029853

May 19, 2005

Delisted

—

May 3, 2005

Listed

$255/sq ft

Public Records

Dec 31, 2002

Sold

$310,000

$133/sq ft

Public Records

Sep 21, 1992

Sold

$130,000

$56/sq ft

** Price available after signing in.

Tax history for 550 Middlecrest Rd

*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

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

9,950 Sq. Ft.

Year renovated

—

Sq. Ft.

2,304

Year built

1960

Style

Single Family Residential

County

Clackamas County

APN

00255672

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

Oct 24, 2023 • Active

Residential structural

Build a new retaining wall along the driveway to improve the turning radius for garage access.

Grading

Jun 13, 2023 • Final

Residential structural

Construct a garage and breezeway.

Addition

New construction

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
Parking Total: 2

Garage Information
Garage Type: Attached
Garage Spaces: 2
Has Attached Garage: Yes

Interior

Virtual Tour Information
Has Virtual Tour Unbranded: Yes
Has Virtual Tour Unbranded 2: Yes

Appliances
Appliances: Built-in Refrigerator, Convection Oven, Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Pantry, Plumbed For Ice Maker, Quartz, Range Hood, Stainless Steel Appliance(s), Water Purifier
Hot Water Description: Gas

Interior Features
Optional Level Area Total: 106
Optional Level: Main
Interior Features: Engineered Hardwood, Garage Door Opener, Laundry, Marble, Quartz, Soaking Tub, Tile Floor, Water Purifier
Fireplace YN: Yes
Fireplaces Total: 2
Fireplace Features: Gas, Wood Burning
Window Features: Double Pane Windows, Vinyl Frames
Basement: Daylight, Finished

Bathroom Information
Bathrooms Full: 2
Bathrooms Full Lower Level: 1
Bathrooms Full Main Level: 1
Bathrooms Partial: 1
Bathrooms Partial Main Level: 1
Bathrooms Total Integer: 3
Bathrooms Total Lower Level: 1
Bathrooms Total Main Level: 1.1
Baths Total: 2.1

Room 4 Information
Area: 99
Description: Utility Room
Features Cont: Sink, Tile Floor
Length: 9
Width: 11
Level: Lower

Room 5 Information
Area: 99
Description: Office
Features: Sliding Doors
Features Cont: Vaulted Ceiling(s), Vinyl Floor
Length: 11
Width: 9
Level: Main

Room 7 Information
Area: 242
Description: 2nd Bedroom
Features Cont: Engineered Hardwood, Walk in Closet
Length: 11
Width: 22
Level: Lower

Room 8 Information
Area: 153
Description: 3rd Bedroom
Features Cont: Closet, Engineered Hardwood
Length: 17
Width: 9
Level: Lower

Room 9 Information
Area: 66
Description: Dining Room
Features Cont: Engineered Hardwood
Length: 6
Width: 11
Level: Main

Room 10 Information
Area: 210
Description: Family Room
Features: Built-in Features, Fireplace
Features Cont: Engineered Hardwood
Length: 14
Width: 15
Level: Lower

Room 11 Information
Area: 221
Description: Kitchen
Features: Eat Bar, Island, Pantry, Skylight(s)
Features Cont: Double Sinks, Quartz
Length: 17
Width: 13
Level: Main

Room 12 Information
Area: 221
Description: Living Room
Features: Deck, Fireplace
Length: 17
Width: 13
Level: Main

Room 13 Information
Area: 169
Description: Primary Bedroom
Features Cont: Double Closet, Double Sinks, Soaking Tub, Suite, Walk in Closet
Length: 13
Width: 13
Level: Main

Room 14 Information
Description: Great Room

Exterior

Exterior Features
Roof: Metal
Exterior Features: Deck, Fenced, Outbuilding, Patio, Sprinkler, Tool Shed, Water Feature, Yard
Exterior Description: Board & Batten Siding, Cement Siding

Lot Information
Lot Size Square Feet: 10,018
Lot Size Range: 10,000 to 14,999 SqFt
Lot Size Acres: 0.23
Lot Size: 10,000 to 14,999 SqFt
Lot Features: Gentle Sloping, Trees
Parcel Number: 00255672
Road Surface Type: Paved

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Updated/Remodeled
Main Level Area Total: 1,113
Lower Level Area Total: 1,113
Security Features: Security System Owned
View YN: Yes
View Description: Lake, Seasonal, Territorial

Building Information
Year Built: 1960
Building Area Total: 2,332
Building Area Description: Prev List
Building Area Calculated: 1,113
Foundation Details: Slab

Financial

Tax Information
Tax Year: 2022
Tax Legal Description: 507 LAKEWOOD #1 LT 182 PT LT 183&VAC RD
Tax Annual Amount: $7,412.21

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 - 95+%
Cooling YN: Yes
Cooling: Central Air

Location

HOA Information
Association Amenities: Lake Easement

School Information
Elementary School: Forest Hills
Middle Or Junior School: Lake Oswego
High School: Lake Oswego

Location Information
Directions: State to Northshore to Kenwood to Middlecrest or State to Middlecrest to Ridgeway to Middlecrest
Unparsed Address: 550 MIDDLECREST RD, Lake Oswego, OR 97034

Community Information
Senior Community YN: No

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 2,304
Stories: 1.0
Lot Size: 9,950 square feet
Style: Single Family Residential
Year Built: 1960
Year Renovated: —
County: Clackamas County
APN: 00255672

Home facts updated by county records on Jun 18, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

New Construction Information
New Construction YN: No

Around this home

Schools
Places
Transit

Forest Hills Elementary School

Public K-5 • Assigned • 1.0mi

9/10

Lake Oswego Junior High School

Public 6-8 • Assigned • 1.7mi

8/10

Lake Oswego Senior High School

Public 9-12 • Assigned • 1.9mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.93M – $2.34M

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Home values near 550 Middlecrest Rd

Data from public records.

Address	Redfin Estimate
557 Middlecrest Rd, Lake Oswego, OR 2 Beds \| 1.5 Baths \| 1521 Sq. Ft.	$1,088,793
577 Middlecrest Rd, Lake Oswego, OR 4 Beds \| 3 Baths \| 2166 Sq. Ft.	$1,560,414

Address	Redfin Estimate
547 Middlecrest Rd, Lake Oswego, OR 2 Beds \| 3 Baths \| 1888 Sq. Ft.	$1,617,872
623 Middlecrest Rd, Lake Oswego, OR 2 Beds \| 1.5 Baths \| 1430 Sq. Ft.	$1,112,303

Address	Redfin Estimate
535 Middlecrest Rd, Lake Oswego, OR 3 Beds \| 4 Baths \| 2872 Sq. Ft.	$2,203,388
610 Middlecrest Rd, Lake Oswego, OR 2 Beds \| 1 Baths \| 1130 Sq. Ft.	$947,621

Property information provided by RMLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 97034, OR

Sale history for 550 Middlecrest Rd

Tax history for 550 Middlecrest Rd

Public record

Property details

Around this home

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97034

Home values near 550 Middlecrest Rd

More real estate resources