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361 Berwick Rd, Lake Oswego, OR, 97034

4beds
3baths
3,140sqft
$1,485,000
$473price/sqft
$10,461/moest. monthly cost
$418,440/yrincome needed

About This Home

Set on a rare 0.40-acre corner lot in the coveted North Shore Country Club neighborhood, this 1964 Lake Oswego residence pairs an exceptional address with timeless mid-century modern style and Forest Hills lake easement access to Oswego Lake. Just moments from golf, downtown Lake Oswego, and premier local amenities, the property offers 4 bedrooms, 3 baths, and 2,668 square feet of warm, light-filled living spaces with original architectural character intact. Picture windows, beamed ceilings, three fireplaces, slate floors, stained-glass entry doors, and classic wood cabinetry evoke the clean lines and indoor-outdoor sensibility of the era, while spacious decks and mature landscaping create a private retreat. Large parcels in this prestigious enclave are increasingly scarce, making this a rare opportunity to enjoy location, land, and authentic mid-century vibe in one of Lake Oswego’s most valuable settings.

Getting Around

51
WalkingSomewhat Walkable
33
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

8/10
6/10
10/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1964

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mid Century Modern,Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Built In Oven,Cooktop,Dishwasher,Double Oven,Free-Standing Refrigerator,Gas Appliances,Microwave,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Daylight,Partially Finished

Bedroom2

  • Features: Hardwood Floors
  • Level: Main
  • Area: 130

Bedroom3

  • Features: Hardwood Floors
  • Level: Main
  • Area: 100

Bedroom4

  • Level: Lower
  • Area: 150

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2

Dining Room

  • Level: Main
  • Area: 121

Family Room

  • Features: Fireplace
  • Level: Main
  • Area: 350

Features

  • Double Vanity,Suite,Tile
  • Window features: Bay Window(s),Skylight(s)
  • Flooring: Hardwood,Wall to Wall Carpet,Wood
  • Number of fireplaces: 3
  • Fireplace features: Gas,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,140
  • Total interior livable area: 3,140 sqft

Kitchen

  • Features: Bay Window, Skylight,Double Oven, Double Sinks
  • Level: Main
  • Area: 240

Living Room

  • Features: Fireplace
  • Level: Main
  • Area: 280

Master Bedroom

  • Features: Suite
  • Level: Main
  • Area: 216

Property

Accessibility

  • Accessibility features: Garage On Main,Main Floor Bedroom Bath,Parking,Utility Room On Main,Accessibility

Details

  • Parcel number: 00192339

Features

  • Stories: 2
  • Patio & porch: Deck,Patio,Porch
  • Exterior features: Yard

Lot

  • Lot size: 0.40 Acres
  • Features: Corner Lot,Level,SqFt 15000 to 19999

Parking

  • Total spaces: 2
  • Parking features: Driveway,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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
    EarthquakeRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters in Clackamas County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $7,508$90,096
Home Insurance *$277$3,324
Property Taxes $2,392$28,704
Electricity $284$3,419
Total$10,461$125,532
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$358,662/yr
40% on housing$313,830/yr
45% on housing$278,960/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

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.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$473This listing

vs Other Active Listings

Avg $/sqft

ZIP 97034$524
Clackamas County$305

vs Homes Sold Last Month

Median $/sqft

ZIP 97034$401
Clackamas County$294

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

DateEventPrice
2026-05-01Listed for sale$1,625,000
2012-10-15Sold$650,000
2012-09-01Listed for sale$679,000

For Sale by Agent

AgentTerry Sprague
BrokerageLUXE Forbes Global Properties

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