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4735 Amherst Ct, Lake Oswego, OR, 97035

3beds
3baths
2,847sqft
$799,000
$281price/sqft
$5,738/moest. monthly cost
$229,520/yrincome needed

About This Home

A rare find in Lake Oswego! Live the high life in this beautifully maintained Devonshire home. Brand new roofs, skylights, siding, exterior paint and surface work just completed to the whole community and NO SPECIAL ASSESSMENT! Selling for the first time in 20+ years, this unique property is situated across the street from Westlake Park and minutes away from all Lake Oswego has to offer: restaurants, shopping, cafes, trails, parks, and more! Sharing only one wall, this luxury townhome-style property lives like a detached home (check out the property video and 3D tour for floor plan!) The high-end finishes, tall ceilings, gourmet kitchen, and darling back patio overlooking a private green space provide all the comforts of home with minimal maintenance. The main floor features beautiful hardwoods with an open kitchen and family room that is perfect for entertaining! The spacious kitchen features a cooktop island, eating bar, double oven, and large walk-in pantry. Up the bridal staircase are two well-appointed bedrooms and the primary suite featuring a large walk-in closet, jetted tub, and double vanity. Enjoy the views from the private south-facing primary bedroom balcony overlooking the park. Do not miss the handy storage room on the lower level! Perfect for wine storage, hobbies, or both! Super well managed HOA - Monthly dues actually went down this year! Take this opportunity to own one of Lake Oswego's best-kept secrets!

Getting Around

45
WalkingCar-Dependent
26
TransitSome Transit
51
BikeBikeable

Schools

8/10
6/10
10/10

Construction

Condition

  • Property condition: Resale
  • Year built: 2001

Materials

  • Roof: Composition
  • Construction materials: Brick,Cement Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential

Interior

Appliances

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

Basement

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

Bedroom2

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

Bedroom3

  • Features: Closet, Wallto Wall Carpet
  • Level: Upper
  • Area: 168

Bedrooms & Bathrooms

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

Dining Room

  • Features: Wood Floors
  • Level: Main
  • Area: 140

Family Room

  • Features: Bookcases, Builtin Features, Fireplace,Wood Floors
  • Level: Main
  • Area: 210

Features

  • Central Vacuum,Vaulted Ceiling(s),Sink,Closet,Bookcases,Built-in Features,Cook Island,Pantry,Balcony,Double Vanity,Shower,Walk-In Closet(s),Kitchen Island,Tile
  • Window features: Vinyl Frames,Skylight(s)
  • Flooring: Hardwood,Wall to Wall Carpet,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 2,847
  • Total interior livable area: 2,847 sqft

Kitchen

  • Features: Cook Island, Dishwasher, Disposal, Instant Hot Water, Pantry,Double Oven, Plumbed For Ice Maker, Wood Floors
  • Level: Main
  • Area: 180

Living Room

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

Master Bedroom

  • Features: Balcony, Skylight,Double Sinks, Ensuite, Jetted Tub, Shower, Walkin Closet, Wallto Wall Carpet
  • Level: Upper
  • Area: 304

Property

Details

  • Parcel number: 05000085
  • Attached to another structure: Yes

Features

  • Stories: 3
  • Patio & porch: Patio,Porch
  • Exterior features: Gas Hookup,Yard,Balcony
  • Has spa: Yes
  • Spa features: Bath

Lot

  • Features: Commons,Sprinkler,SqFt 0K to 2999

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
    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 $4,040$48,480
Home Insurance *$151$1,812
Property Taxes $1,289$15,468
Electricity $258$3,100
Total$5,738$68,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$196,731/yr
40% on housing$172,140/yr
45% on housing$153,013/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

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 97035$392
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)

No zestimate history available

Price History

DateEventPrice
2026-03-26Price change$850,000
2025-10-09Price change$885,000
2025-08-04Listed for sale$899,000

For Sale by Agent

AgentSteve Nassar
BrokeragePremiere Property Group, LLC

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