Listing provided courtesy of OptMLS# 705935910MLS ProviderContact Information: 503-679-6618
  • 123 days on site
  • 5 views

Exceptional opportunity in the coveted Forest Highlands neighborhood! Lake Oswego high school boundary, over 1/2 acre lot, 5 bedrooms, plus bonus and loft! This home is such an amazing opportunity! Tear down price in the neighborhood is $1.1m, top end around $4m...don't miss the chance to own within this well established neighborhood. While this home has been updated in the last 20 years...the opportunity to re-imagine the space is present. The main floor welcomes you with soaring vaulted ceilings & abundant natural light, floating staircase and a layout built for entertaining...did I mention the Master on the Main! Spacious kitchen is designed for both everyday living and effortless entertaining, featuring a large island, extensive counter space, and plentiful cabinetry, with a dedicated dining room just off the kitchen. The luxurious primary suite on the main level, serves as a private retreat, complete with a spa-inspired en suite bath designed for relaxation & rejuvenation. Additional three bedrooms provide flexibility for guests, home office needs, or multi-generational living, while a versatile flex/bonus room adapts beautifully as a media room, gym, or creative space. The lower level features a huge second living area anchored by a vaulted wet bar and a cozy fireplace, perfect for movie nights or quiet evenings in. Outdoors, the expansive grounds offer room to roam, a play structure, fire pit area, and ample space to enjoy the privacy and possibilities that come with over a 1/2 acre in Lake Oswego. Assessed at over $2mm!

Source: Regional MLS, MLS#: 705935910

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  • Property Type
    Residential
  • Lot
    0.67 acres

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RE/MAX COASTAL ADVANTAGE

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  • Median Age
    49
  • Population Density
    2,466
  • College Educated
    79%
  • Estimated Median Income
    $129,435
  • Estimated Total Home Owners
    6,226
  • Estimated Total Renters
    1,929
  • Owner / Renter Divide
    76% / 24%
  • Estimated Average Household Size
    2
  • Total Population
    20,108
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 725 CARRERA LN


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/5/2026Source: Regional MLS Price Reduction
$1,500,000 -6.2%
3/26/2026Source: Regional MLS Price Reduction
$1,599,900 -3.0%
2/26/2026Source: Regional MLS Added to Database
February 26, 2026