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5904 Bay Point Dr, Lake Oswego, OR, 97035

4beds
3baths
3,433sqft
$1,095,000
$319price/sqft
$7,821/moest. monthly cost
$312,840/yrincome needed

About This Home

NEWLY PRICED and OPEN on Sunday 8/9 1-3pm! Fantastic opportunity to own a beautifully updated home in one of Lake Oswego's most sought-after neighborhoods, served by award-winning Lake Oswego schools. Ideally positioned on a desirable corner lot, this move-in-ready residence offers soaring ceilings, a rare great room floor plan, and thoughtfully designed living spaces. The beautifully remodeled kitchen features granite countertops, stainless steel appliances, a gas range, oversized island, and casual dining area flowing seamlessly into the inviting family room with fireplace. Just off the family room is a flexible living space, potential to be a main level bonus or media room. A formal dining room with hardwood floors provides an elegant setting for entertaining, while a spacious main-level den offers flexibility for a home office, formal living room, or guest space. Upstairs, the generous primary suite features a walk-in closet, jetted soaking tub, dual sinks, and a newly installed walk-in shower (2025), accompanied by three additional bedrooms and a versatile loft with built-in desk and cabinetry, perfect for a home office or study area. Enjoy outdoor living in the fully fenced backyard with a spacious deck replaced in 2023. Recent improvements include a remodeled kitchen, new interior and exterior paint (2025), new furnace and water heater (2023) and new carpet (2023). Complete with an attached 2 car garage this exceptional home is ideally located near Westlake Park, neighborhood trails, shopping, dining, and handy freeway access, offering outstanding value and an effortless Lake Oswego lifestyle.

Getting Around

21
WalkingCar-Dependent
29
TransitSome Transit
37
BikeSomewhat Bikeable

Schools

8/10
8/10
10/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1990

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Brick,Cedar,Lap Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Built In Oven,Cooktop,Dishwasher,Disposal,Free-Standing Refrigerator,Gas Appliances,Microwave,Plumbed For Ice Maker,Stainless Steel Appliance(s),Washer/Dryer,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Closet, Wallto Wall Carpet
  • Level: Upper
  • Area: 132

Bedroom3

  • Features: Closet, Wallto Wall Carpet
  • Level: Upper
  • Area: 120

Bedroom4

  • Features: Double Closet, Wallto Wall Carpet
  • Level: Upper
  • Area: 182

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • Partial bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Formal, Hardwood Floors,High Ceilings
  • Level: Main
  • Area: 100

Family Room

  • Features: Fireplace,Wallto Wall Carpet
  • Level: Main
  • Area: 224

Features

  • Granite,High Ceilings,Vaulted Ceiling(s),Double Closet,Closet,Formal,Eat-in Kitchen,Kitchen Island,Pantry,Double Vanity,Suite,Walk-In Closet(s),Walkin Shower
  • Door features: French Doors
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Hardwood,Wall to Wall Carpet,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 3,433
  • Total interior livable area: 3,433 sqft

Kitchen

  • Features: Dishwasher, Disposal, Eating Area, Gas Appliances, Hardwood Floors, Island, Microwave, Pantry,Builtin Oven, Free Standing Refrigerator, Granite, Plumbed For Ice Maker
  • Level: Main
  • Area: 154

Living Room

  • Features: Wallto Wall Carpet
  • Level: Main
  • Area: 234

Master Bedroom

  • Features: Double Sinks, Granite, Jetted Tub, Suite, Walkin Closet, Walkin Shower, Wallto Wall Carpet
  • Level: Upper
  • Area: 324

Property

Accessibility

  • Accessibility features: Garage On Main,Accessibility

Details

  • Parcel number: 01407481

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Yard
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Fenced

Lot

  • Lot size: 6,969 sqft
  • Features: Corner Lot,Level,SqFt 5000 to 6999

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage Door Opener,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
    EarthquakeRelatively High
  • 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 $5,536$66,432
Home Insurance *$207$2,484
Property Taxes $1,767$21,204
Electricity $311$3,738
Total$7,821$93,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$268,148/yr
40% on housing$234,630/yr
45% on housing$208,560/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

$319This 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
2026-08-05Price change$1,075,000
2026-07-09Listed for sale$1,095,000
2025-11-17Listing removed$4,500
2025-10-01Price change$4,500
2025-09-24Price change$4,650
2025-09-14Listed for rent$4,750
2024-04-22Listing removed--
2024-04-02Listed for rent$4,000
2017-09-04Listing removed$775,000
2017-08-01Price change$775,000
2017-07-20Price change$789,000
2017-07-06Listed for sale$799,500
2014-10-27Listing removed$699,950
2014-07-27Price change$699,950
2014-07-10Price change$709,750
2014-06-10Price change$719,750
2014-05-10Listed for sale$729,750
2001-07-31Sold$410,000
1995-09-29Sold$287,260

For Sale by Agent

AgentKevin Hall
BrokerageCascade Hasson Sotheby's International Realty

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