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2240 Summit Ct, Lake Oswego, OR, 97034

3beds
4baths
5,373sqft
$2,980,000
$555price/sqft
$20,921/moest. monthly cost
$836,840/yrincome needed

About This Home

STUNNING WELL BUILT TRADITIONAL WITH COMMANDING 180 DEGREE VIEWS OF OSWEGO LAKE. LOCATED ON A CUL-DE-SAC. 3 STOP ELEVATOR. FLOOR TO CEILING WINDOWS. SPACIOUS BONUS ROOM WITH WET BAR. SELF COOLING WINE CELLAR. SAUNA. LARGE INTERIOR WORKSHOP. OVERSIZE 3 CAR GARAGE. BOAT HOUSE, DOCK & LIFT. EXTERIOR REAL STUCCO, NOT IFIS. SQ FT PER COUNTY RECORD.ANNUAL LAKE CORP FEE $2856 & ONE TIME LAKE CORP TRANSFER FEE $7500.

Getting Around

12
WalkingCar-Dependent
12
TransitMinimal Transit
51
BikeBikeable

Schools

6/10
6/10
10/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1999

Materials

  • Foundation: Slab
  • Roof: Tile
  • Construction materials: Cedar,Hard Concrete Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Appliance Garage,Built-In Range,Built-In Refrigerator,Dishwasher,Disposal,Double Oven,Gas Appliances,Instant Hot Water,Microwave,Stainless Steel Appliance(s),Washer/Dryer,Gas Water Heater,Recirculating Water Heater
  • Laundry features: Laundry Room

Basement

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

Bedroom2

  • Features: Builtin Features
  • Level: Lower
  • Area: 224

Bedroom3

  • Features: Ensuite, Walkin Closet
  • Level: Lower
  • Area: 144

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • Partial bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Formal,High Ceilings, Wallto Wall Carpet
  • Level: Main
  • Area: 306

Family Room

  • Features: Deck, Fireplace
  • Level: Main
  • Area: 252

Features

  • Central Vacuum,Elevator,Granite,High Ceilings,Wet Bar,Built-in Features,Walk-In Closet(s),Formal,Gourmet Kitchen,Kitchen Island,Nook,Pantry
  • Window features: Double Pane Windows
  • Flooring: Hardwood,Wall to Wall Carpet
  • Number of fireplaces: 3
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 5,373
  • Total interior livable area: 5,373 sqft

Kitchen

  • Features: Deck, Gourmet Kitchen, Island, Nook, Pantry
  • Level: Main
  • Area: 252

Living Room

  • Features: Fireplace,High Ceilings
  • Level: Main
  • Area: 169

Master Bedroom

  • Features: Ensuite, Walkin Closet
  • Level: Lower
  • Area: 320

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed,Accessibility

Details

  • Parcel number: 00247593

Features

  • Stories: 3
  • Patio & porch: Deck
  • Exterior features: Dock,Gas Hookup
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake
  • Waterbody name: Lake Oswego

Lot

  • Features: Cul-De-Sac,Private,Sloped,Sprinkler,SqFt 7000 to 9999

Parking

  • Total spaces: 3
  • Parking features: Driveway,Garage Door Opener,Attached
  • 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
    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 $15,068$180,816
Home Insurance *$556$6,672
Property Taxes $4,810$57,720
Electricity $487$5,851
Total$20,921$251,052
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$717,291/yr
40% on housing$627,630/yr
45% on housing$557,893/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

$555This listing

vs Other Active Listings

Avg $/sqft

ZIP 97034$523
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)

No zestimate history available

Price History

No price history available

For Sale by Agent

AgentMarian Hsu
BrokerageBrokers Realty, Inc

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