4487 Westbay Rd, Lake Oswego, OR, 97035
About This Home
Proudly presented by Renaissance Homes, the most awarded builder in Street of Dreams history with 54 individual awards and 9 Best of Show honors. This Street of Dreams-quality home offers coveted lake access to Oswego Lake and showcases exceptional craftsmanship throughout. The home features 5 bedrooms, 5 and one half bathrooms, and a 3-car tandem garage, designed for luxury living and everyday comfort. The gourmet kitchen includes professional grade Wolf and Sub Zero appliances with a 48-inch cabinet matching paneled refrigerator, stainless steel gas cook-top, double ovens with convection, and a paneled Asko dishwasher. Pental quartz decorates the countertops and island with decorative tile backsplash, and cabinetry extended up to the 10-foot ceilings provide style and generous storage, including added cabinetry at the back of the island and a walk-through pantry that leads to a mud room space and the garage. A spacious dining area with 2 stacking-glass sliders opens to a covered outdoor living area with a gas fireplace and 2 ceiling mounted electric heaters for year round enjoyment. The great room features a floor to ceiling gas fireplace with custom built in cabinetry on either side. The main level also includes a guest suite with full bath, a powder room, and a built in BBQ porch with electric heat. Upstairs you'll find 4 bedrooms, 4 bathrooms, and a media room. The luxurious primary suite includes a private balcony overlooking the boat dock, an electric boat lift, and fire pit. The spa-like primary bath features a curb-less mud set tile shower, freestanding tub, double vanities, heated tile floors, a heated towel rack, and a walk-in closet with built in organizers. Additional highlights include Milgard double pane, vinyl windows, a tank-less water heater, high efficiency air conditioning with 96% efficient furnace, and prewire for a gas generator for when the power goes out. Lakeside lifestyle with desirable Lake Oswego schools, including Westridge Elementary.
Getting Around
Somewhat Walkable
Minimal Transit
Very BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Brick,Cement Siding,Cultured Stone
Type & Style
- Home type: SingleFamily
- Architectural style: NW Contemporary
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Built-In Range,Built-In Refrigerator,Dishwasher,Double Oven,ENERGY STAR Qualified Appliances,Gas Appliances,Microwave,Range Hood,Stainless Steel Appliance(s),Wine Cooler,Recirculating Water Heater,Tankless Water Heater
- Laundry features: Laundry Room
Basement
- Basement: Crawl Space
Bedroom2
- Features: Double Closet, Ensuite, Shower, Tile Floor, Wallto Wall Carpet
- Level: Upper
- Area: 168
Bedroom3
- Features: Ensuite, Shower, Tile Floor, Walkin Closet, Wallto Wall Carpet
- Level: Upper
- Area: 165
Bedroom4
- Features: Builtin Features,Shared Bath, Walkin Closet, Wallto Wall Carpet
- Level: Upper
- Area: 144
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- Partial bathrooms: 1
- Main level bathrooms: 2
Dining Room
- Features: Sliding Doors,Wood Floors
- Level: Main
- Area: 180
Features
- Plumbed For Central Vacuum,Quartz,Built-in Features,Shared Bath,Walk-In Closet(s),Shower,Wet Bar,Double Closet,Kitchen Island,Pantry,High Ceilings,Sink,Balcony,Closet Organizer,Double Vanity,Soaking Tub,Tile
- Door features: Sliding Doors
- Window features: Double Pane Windows
- Flooring: Engineered Hardwood,Heated Tile,Tile,Wall to Wall Carpet,Wood
- Number of fireplaces: 2
- Fireplace features: Gas,Outside
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air 95 Plus
- Cooling features: Central Air,ENERGY STAR Qualified Equipment
Interior Area
- Total structure area: 4,047
- Total interior livable area: 4,047 sqft
Kitchen
- Features: Builtin Range, Builtin Refrigerator, Dishwasher, Island, Microwave, Pantry,High Ceilings, Quartz, Sink, Wood Floors
- Level: Main
- Area: 280
Master Bedroom
- Features: Balcony, Builtin Features, Closet Organizer, Island, Sliding Doors,Double Sinks, Ensuite, Soaking Tub, Tile Floor, Walkin Closet, Wallto Wall Carpet, Wood Floors
- Level: Upper
- Area: 270
Property
Details
- Parcel number: 00322742
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Patio,Deck,Patio,Porch
- Exterior features: Built-in Barbecue,Dock,Fire Pit,On Site Storm water Management,Raised Beds,Yard,Balcony
- Fencing: Fenced
- Has view: Yes
- View description: Bay,Lake
- Has water view: Yes
- Water view: Bay,Lake
- On waterfront: Yes
- Waterfront features: Lake
- Waterbody name: West Bay, Oswegolake
Lot
- Lot size: 0.26 Acres
- Features: Corner Lot,Level,Sprinkler,SqFt 10000 to 14999
- Lot size dimensions: 141' x 75'
Parking
- Total spaces: 3
- Parking features: Driveway,Off Street,Garage Door Opener,Car Charging Station Ready,Attached,Tandem
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Cold Wave
- Heat Wave
- Inland Flooding
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Clackamas County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $19,720 | $236,640 |
| Home Insurance * | $740 | $8,880 |
| Property Taxes | $2,729 | $32,748 |
| Electricity | $367 | $4,407 |
| Total | $23,556 | $282,672 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-04 | Listed for sale | $3,999,900 |
| 2024-09-30 | Sold | $1,200,000 |
| 2024-07-30 | Pending sale | $1,200,000 |
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