Paul Stevens

242 G Ave

Lake Oswego, OR
$ 599,900 Beds 2 Baths 2.5 Sq 1,170
Monthly Estimate* How much can I afford?

** Now 50% sold out! 4 out of 8 homes are pending! ** Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! ESTIMATED RENT IS $4,000/MO.

Active

  • Price
  • $ 599,900
  • City
  • Lake Oswego
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • CLACKAMAS
  • Half Bathrooms
  • 1
  • Area
  • 147
  • Lot Size
  • Zip
  • 97034
  • Sqr Footage
  • 1,170
  • Year Built
  • 2026
  • Style
  • Modern
  • MLS#
  • 335778811
Listed By: The Koval Group -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Composition
Appliances Dishwasher,Disposal,FreeStandingRange,Quartz,StainlessSteelAppliance
Architectural Style Modern
Year Built 2026
Stories Count 2
Property Subtype SingleFamilyResidence
Warranty BuilderWarranty
Parcel Number New Construction
County Clackamas
Property Type Residential
HOA No
Subdivision Name FIRST ADDITION
Full Baths 2
Status Active
Directions E Ave and 3rd Street
High School Lake Oswego
City LakeOswego
Disclosures Exempt
MLS Area _147
Listing Terms Cash,Conventional,FHA,VALoan
Elementary School Forest Hills
Middle/Junior High School Lake Oswego
Property Condition NewConstruction
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription TreesWoods
Legal Description Koval Cottages - LOT 3
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities HardwoodFloors,TileFloor
Basement FullBasement
Hot Water Electricity
Window Features DoublePaneWindows
Total Bathrooms 2.1
FuelDescription Electricity
Total Bedrooms 2
Total Baths 3
1/2 Baths 1

Exterior Features

Exterior Amenities Fenced,Patio,Porch
Parking Features OnStreet
Lot Features Level
Water Source PublicWater
Exterior Description BoardBattenSiding,CementSiding
Foundation Details Slab
Building Area Total 1170.0
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Forest Hills Elementary School
Middle School Lake Oswego Middle School
High School Lake Oswego High School

Price History

6/30/2026 Listed $599,900
8/22/2026 2% - $589,900

Property vs Zip Code Average in 97034

Price
AVG $2.07M
$600K
Year Built
AVG 1984
2026
Visits
AVG 155
147
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

242 G Ave Lake Oswego, OR is a Single Family Home for sale at $599900 with 1170 sqft and a lot size of Acre(s). 242 G Ave Lake Oswego has 2 bedrooms, 2 baths and was built in 2026. The property's zip code is 97034 which is in Lake Oswego, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Paul Stevens

Paul Stevens

Broker

360-921-1277

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