

516 7TH STLake Oswego, OR 97034
Single Family · 3 Beds · 2 Full Baths · 1,997 Sq. ft. | 0.13 Acres516 7TH ST Overview
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Perfectly positioned in the heart of First Addition, this architecturally distinctive custom residence offers a rare opportunity to experience design-forward living in one of Lake Oswego's most coveted walkable neighborhoods. Just moments from downtown's acclaimed restaurants, boutiques, coffee shops, parks, and the beloved Saturday Farmers' Market, the home delivers a lifestyle that is both vibrant and effortlessly convenient.A rarity for the neighborhood and price point, the home's custom architecture creates a remarkable sense of volume and openness rarely found in similarly sized residences. At its center, a dramatic vaulted great room is illuminated by thoughtfully placed skylights that draw natural light throughout the living spaces, creating an atmosphere that feels both expansive and inviting. The great room flows seamlessly to a covered outdoor living area, beautifully landscaped backyard, and established gardens, encouraging year-round indoor-outdoor living. A striking floating staircase serves as both an architectural statement and sculptural focal point, ascending to a versatile loft space and private upper-level primary retreat. The result is a home that balances architectural interest with exceptional everyday livability. The flexible floor plan offers options for a variety of lifestyles. Two main-level bedrooms separated by a full bath provide ideal accommodations, while also presenting an intriguing opportunity for future conversion into an expansive main-level primary wing. Thoughtfully maintained and updated, the sellers have recently completed a full interior repaint, installed a new heat pump as part of a comprehensive HVAC upgrade, modernized the electrical system with a new service panel designed to support electric vehicle charging and today's technology demands. For buyers seeking architectural character, abundant natural light flexible living spaces, meaningful updates, and exceptional walkability, this is a truly unique opportunity!
516 7TH ST Facts & Features
- Type Single Family
- Sq. ft. 1,997
- Price/Sq.ft. $716
- Lot 0.13 Acres
Details
General
School Information
- Elementary School: Forest Hills
- Middle Or Junior School: Lake Oswego
- High School: Lake Oswego
Listing Information
- Buyer Financing: Cash
Building Information
- Year Built: 1962
Location/Region
- Country: US
- County Or Parish: Clackamas
- MLS Area Major: 147 - Lake Oswego, West Linn
- Subdivision Name: FIRST ADDITION
Tax Information
- Tax Annual Amount: 10376.99
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional
- Parcel Number: 00190983
- Property Condition: Updated/Remodeled
- Property Sub Type: Single Family Residence
- Property Type: Residential
Interior
Parking Information
- Garage Spaces: 1.0
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Partial: 0
- Bathrooms Total: 2
- Bedrooms Total: 3
Building Interior
- Building Area Total: 1997.0
General Information
- Accessibility Features: Natural Lighting
- Appliances: Built-in Range,Dishwasher,Disposal,Free-Standing Refrigerator,Gas Appliances,Granite
- Basement: Crawl Space
- Cooling: Heat Pump
- Foundation Details: Concrete Perimeter
- Heating: Heat Pump
- Interior Features: Ceiling Fan(s),Garage Door Opener,Granite,Hardwood Floors,High Ceilings,Laundry,Skylight(s),Vaulted Ceiling(s),Wall to Wall Carpet
- Stories: 2
- Window Features: Double Pane Windows
Exterior
Parking Information
- Parking Features: Driveway,On Street
- Parking Total: 1.0
Lot Information
- Lot Features: Level
- Lot Size Acres: 0.13
- Lot Size Square Feet: 5662.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Architectural Style: Contemporary
- Roof: Composition
General Information
- Exterior Features: Covered Patio,Fenced,Yard
- Sewer: Public Sewer
516 7TH ST Neighborhood
Community
97034 (Lake Oswego) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.516 7TH ST Market Data
Based on the last 30 days in this zip code
516 7TH ST History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: Regional MLS | Sold |
|
| 6/14/2026Source: Regional MLS | Pending |
|
| 6/11/2026Source: Regional MLS | June 11, 2026 |