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2480 Marylshire Ln, Lake Oswego, OR, 97034

3beds
3baths
4,963sqft
$1,398,000
$282price/sqft
$10,032/moest. monthly cost
$401,280/yrincome needed

About This Home

Perched on a private Lake Oswego cul-de-sac, this architecturally inspiring 4,963-sq-ft residence is surrounded by renowned Kurisu International landscaping featuring sculpted rockwork, a cascading waterfall, and an incredibly tranquil setting. Built in 1994 and celebrated as a Street of Dreams home, the design blends intellect and imagination with expansive, sun-filled living and dining rooms, a private study, and a gourmet kitchen ideal for entertaining. The luxury “Best of Show” primary suite showcases spa-like finishes and curated art niches, while a loft (or 4th bedroom) and two adjacent bedrooms complete the upper level. Offering 3 bedrooms, 2 full and one half bathrooms, the home also features an exceptional oversized garage accommodating up to five cars, extending approximately 60 feet deep—perfect for large RV or collector storage—making this property a rare fusion of design, function, and setting.

Getting Around

26
WalkingCar-Dependent
28
TransitSome Transit
50
BikeBikeable

Schools

9/10
6/10
Lakeridge Middle SchoolGrades 6-83.5 mi
9/10
Lakeridge High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1994

Materials

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Convection Oven,Cooktop,Dishwasher,Disposal,Double Oven,Free-Standing Refrigerator,Gas Appliances,Microwave,Plumbed For Ice Maker,Washer/Dryer,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished,Storage Space

Bedroom2

  • Features: Closet
  • Level: Upper
  • Area: 182

Bedroom3

  • Features: Walkin Closet
  • Level: Upper
  • Area: 209

Bedrooms & Bathrooms

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

Dining Room

  • Features: Formal, Pantry,High Ceilings, Tile Floor
  • Level: Main
  • Area: 187

Family Room

  • Features: Builtin Features, Patio, Sliding Doors,High Ceilings, Tile Floor
  • Level: Main
  • Area: 504

Features

  • Ceiling Fan(s),Central Vacuum,Granite,High Ceilings,High Speed Internet,Soaking Tub,Sound System,Built-in Features,Sink,Closet,Walk-In Closet(s),Formal,Pantry,Gourmet Kitchen,Kitchen Island,Eat Bar,Sauna,Double Vanity,Suite,Tile
  • Door features: Sliding Doors
  • Window features: Double Pane Windows
  • Flooring: Hardwood,Tile,Wall to Wall Carpet
  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 4,963
  • Total interior livable area: 4,963 sqft

Kitchen

  • Features: Gourmet Kitchen, Island, Pantry,Double Oven, Tile Floor
  • Level: Main
  • Area: 546

Living Room

  • Features: Builtin Features, Eat Bar, Fireplace, Patio, Sliding Doors,Granite, High Ceilings
  • Level: Main
  • Area: 460

Master Bedroom

  • Features: Builtin Features, Fireplace, Sauna, Sliding Doors,Double Sinks, High Ceilings, Jetted Tub, Suite, Walkin Closet
  • Level: Main
  • Area: 552

Property

Accessibility

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

Details

  • Parcel number: 01570446
  • Other equipment: Intercom

Features

  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Garden,Water Feature,Yard
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 0.34 Acres
  • Features: Cul-De-Sac,Private,Sprinkler,SqFt 10000 to 14999

Parking

  • Total spaces: 5
  • Parking features: Driveway,RV Boat Storage,Garage Door Opener,Attached,Extra Deep Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5
  • 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 $7,069$84,828
Home Insurance *$261$3,132
Property Taxes $2,252$27,024
Electricity $450$5,404
Total$10,032$120,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$343,954/yr
40% on housing$300,960/yr
45% on housing$267,520/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

$282This listing

vs Other Active Listings

Avg $/sqft

ZIP 97034$528
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
2026-02-09Listed for sale$1,498,000
2006-12-15Sold$1,040,000

For Sale by Agent

AgentJustin Harnish
BrokerageHarnish Company Realtors

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