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2 Falstaff St, Lake Oswego, OR, 97035

5beds
3baths
3,010sqft
$949,000
$315price/sqft
$6,783/moest. monthly cost
$271,320/yrincome needed

About This Home

Your dream home awaits in Mountain Park, Lake Oswego. Nestled in the serene beauty of Mountain Park, this unique property offers an incredible floor plan consisting of 5 bedrooms, 2 and half bathrooms. Fully updated and remodeled with northwest charm. Soaring vaulted ceilings and extra clerestory windows fill the home with natural light, bringing the outdoors in. Spacious master bedroom on the main floor dedicated to a private retreat with a private outdoor deck and an ensuite bathroom. The basement includes 4 bedrooms, a cozy family room with a fireplace and a full bath. This house is sitting on a corner lot, a decent lot that surrounded by nature, offering privacy and a peaceful atmosphere. Living in Mountain Park comes with access to world class amenities, including indoor pool, tennis & pickleball courts, spa, workout facility. Miles of forested walking trails & so much more. Enjoy the natural beauty & tranquility of Mountain Park while being close to top rated schools, parks and community amenities. Don't miss out!

Getting Around

45
WalkingCar-Dependent
27
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

6/10
6/10
10/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1976

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Other

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Range,Dishwasher,Disposal,Free-Standing Refrigerator,Stainless Steel Appliance(s),Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Daylight

Bedroom2

  • Features: Daylight, Updated Remodeled,Closet
  • Level: Lower

Bedroom3

  • Features: Daylight, Updated Remodeled,Closet
  • Level: Lower

Bedroom4

  • Features: Updated Remodeled,Closet
  • Level: Lower

Bedroom5

  • Features: Updated Remodeled,Closet
  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • Partial bathrooms: 1
  • Main level bathrooms: 2

Dining Room

  • Features: Daylight, Kitchen Dining Room Combo, Sliding Doors, Updated Remodeled,Engineered Hardwood
  • Level: Main

Family Room

  • Features: Fireplace, Updated Remodeled
  • Level: Lower

Features

  • High Ceilings,Hookup Available,Updated Remodeled,Closet,Kitchen Dining Room Combo,Kitchen Island,Kitchen,Quartz,Bathroom,Closet Organizer,Double Closet,Shower
  • Door features: Sliding Doors
  • Window features: Daylight
  • Flooring: Engineered Hardwood
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 3,010
  • Total interior livable area: 3,010 sqft

Kitchen

  • Features: Daylight, Island, Kitchen, Kitchen Dining Room Combo, Sliding Doors, Updated Remodeled,Engineered Hardwood, Free Standing Refrigerator, Quartz
  • Level: Main

Living Room

  • Features: Daylight, Fireplace, Updated Remodeled,Engineered Hardwood, High Ceilings
  • Level: Main

Master Bedroom

  • Features: Bathroom, Closet Organizer, Daylight, Deck, Updated Remodeled,Closet, Double Closet, Engineered Hardwood, Ensuite, Shower
  • Level: Main

Property

Accessibility

  • Accessibility features: Garage On Main,Main Floor Bedroom Bath,Walkin Shower,Accessibility

Details

  • Parcel number: 00216536

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Porch
  • Exterior features: Yard
  • Fencing: Fenced
  • Has view: Yes
  • View description: Territorial,Trees/Woods

Lot

  • Lot size: 10,018 sqft
  • Features: Corner Lot,Gentle Sloping,Trees,SqFt 10000 to 14999

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

  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
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 $4,798$57,576
Home Insurance *$180$2,160
Property Taxes $1,532$18,384
Electricity $273$3,277
Total$6,783$81,396
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$232,560/yr
40% on housing$203,490/yr
45% on housing$180,880/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

$315This listing

vs Other Active Listings

Avg $/sqft

ZIP 97035$391
Clackamas County$305

vs Homes Sold Last Month

Median $/sqft

ZIP 97035$414
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
2026-04-29Price change$999,000
2026-03-25Listed for sale$1,025,000
2025-05-02Sold$700,000
2025-04-10Pending sale$700,000
2001-09-25Sold$325,000

For Sale by Agent

AgentCynthia Fneish
BrokerageWeichert, Realtors on Main Street

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