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18418 Old River Lndg, Lake Oswego, OR, 97034

6beds
8baths
8,077sqft
$5,990,000
$742price/sqft
$41,636/moest. monthly cost
$1,665,440/yrincome needed

About This Home

Experience luxury at its finest in this breathtaking custom home on the banks of the Willamette River. The private meandering wooded drive with an owned pond and giant bamboo grove opens to a stone paver and stained concrete driveway, Pella windows, Iron Lion front door, real Wyoming stone exterior, DaVinci slate roof, & custom exterior lighting; set the tone for what awaits inside. The elegant dining area & a temperature-controlled, glass-enclosed wine cellar, Level 4 smooth-finish walls highlight the home’s custom craftsmanship. The living & great rooms feature soaring 18-ft ceilings, gas fireplaces, and walls of doors that open to grand panoramic river views. The chef’s kitchen boasts an 11-ft island, leathered granite, custom cabinetry, high-end appliances & a walk-in pantry. The main-level primary suite with 15-ft vaulted ceilings with beams, river views & automated blinds. The spa-like ensuite includes a freestanding microbubble tub, heated floors, computer-controlled rain shower & custom walk-in closet with washer/dryer. Upstairs features three bedrooms with walk-ins, an additional oversized bedroom, and a loft with built-in desks. Downstairs, a hidden door opens to a renovated family/media room with a pool table, half bath and storage room. The temperature-controlled 10 vehicle garages are a car lover’s dream with epoxy floors, three lifts & guest quarters with an office, full kitchen, bathroom and washer/dryer. Follow the custom landscaping down to your private riverfront, complete with a high-end dock featuring a solar boat lift & two WaveRunner ports, making it effortless to enjoy the Willamette lifestyle to the fullest.

Getting Around

21
WalkingCar-Dependent
29
TransitSome Transit
27
BikeSomewhat Bikeable

Schools

9/10
6/10
Lakeridge Middle SchoolGrades 6-84.2 mi
9/10
Lakeridge High SchoolGrades 9-122.6 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1992

Materials

  • Roof: Slate
  • Construction materials: Board & Batten Siding,Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Range,Built-In Refrigerator,Dishwasher,Disposal,Double Oven,Gas Appliances,Instant Hot Water,Microwave,Plumbed For Ice Maker,Range Hood,Stainless Steel Appliance(s),Wine Cooler,Washer/Dryer,Water Softener,Free-Standing Refrigerator,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom2

  • Features: Bathroom, Ceiling Fan,Bathtub With Shower, Double Sinks, Walkin Closet, Wood Floors
  • Level: Upper
  • Area: 238

Bedroom3

  • Features: Ceiling Fan,Walkin Closet, Wood Floors
  • Level: Upper
  • Area: 182

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 8
  • Full bathrooms: 4
  • Partial bathrooms: 4
  • Main level bathrooms: 5

Dining Room

  • Features: Builtin Features,Wainscoting, Wood Floors
  • Level: Main
  • Area: 143

Family Room

  • Features: Bathroom, Builtin Features,Quartz, Wallto Wall Carpet
  • Level: Lower
  • Area: 1190

Features

  • Ceiling Fan(s),Central Vacuum,Dumbwaiter,Granite,High Ceilings,Vaulted Ceiling(s),Built-in Features,Quartz,Wainscoting,Wet Bar,Loft,Bathroom,Double Closet,Shower,Sink,Bathtub With Shower,Double Vanity,Walk-In Closet(s),Great Room,Kitchen Island,Pantry,Soaking Tub,Suite,Walkin Shower,Closet,Kitchen,Plumbed,Storage,Butlers Pantry,Pot Filler
  • Door features: French Doors,Sliding Doors
  • Window features: Aluminum Frames,Double Pane Windows,Wood Frames,Vinyl Window Double Paned
  • Flooring: Engineered Hardwood,Heated Tile,Wall to Wall Carpet,Wood,Concrete
  • 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: 8,077
  • Total interior livable area: 8,077 sqft

Kitchen

  • Features: Builtin Range, Builtin Refrigerator, Dishwasher, Gas Appliances, Great Room, Instant Hot Water, Island, Microwave, Pantry,Granite, Wet Bar, Wood Floors
  • Level: Main
  • Area: 504

Living Room

  • Features: Ceiling Fan, Fireplace, French Doors, Patio,High Ceilings, Wood Floors
  • Level: Main
  • Area: 484

Master Bedroom

  • Features: Ceiling Fan, Fireplace, Sliding Doors,Double Sinks, Jetted Tub, Soaking Tub, Suite, Vaulted Ceiling, Walkin Closet, Walkin Shower, Washer Dryer, Wood Floors
  • Level: Main
  • Area: 357

Office

  • Features: Builtin Features,Quartz, Wainscoting, Wet Bar, Wood Floors
  • Level: Main
  • Area: 210

Property

Accessibility

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

Details

  • Parcel number: 00301006
  • Zoning: R10

Features

  • Stories: 3
  • Patio & porch: Covered Patio,Patio,Porch
  • Exterior features: Dock,On Site Storm water Management,Water Feature,Yard,Exterior Entry
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: River,Trees/Woods
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: River Front
  • Waterbody name: Willamette River

Lot

  • Lot size: 1.15 Acres
  • Features: Private,Trees,Sprinkler,Acres 1 to 3

Parking

  • Total spaces: 10
  • Parking features: Driveway,RV Access/Parking,Garage Door Opener,Attached,Detached,Garage Partially Converted to Living Space
  • Has garage: Yes
  • Attached garage spaces: 10
  • Covered spaces: 10
  • 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 $30,288$363,456
Home Insurance *$1,119$13,428
Property Taxes $9,496$113,952
Electricity $733$8,796
Total$41,636$499,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,427,520/yr
40% on housing$1,249,080/yr
45% on housing$1,110,293/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

$742This listing

vs Other Active Listings

Avg $/sqft

ZIP 97034$520
Clackamas County$304

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
2026-04-27Price change$6,695,000
2025-11-07Listed for sale$6,895,000
2015-08-21Sold$1,505,250
2015-07-26Pending sale$1,799,000
2015-05-09Price change$1,799,000
2015-03-24Price change$1,699,000
2015-01-18Listed for sale$1,895,000
2006-06-22Sold$1,825,000
2002-11-04Sold$1,230,000

For Sale by Agent

AgentSteve Nassar
BrokeragePremiere Property Group, LLC

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