285 Cervantes, Lake Oswego, OR, 97035
About This Home
Welcome to Mountain Park one of Lake Oswego’s most beloved communities. This updated property sits elevated above the street offering exceptional privacy and the feeling of being tucked into the trees all within walking distance of PCC Sylvania. Recent updates include new carpet, fresh interior paint, and a refinished deck perfect for outdoor living. The primary bedroom opens directly to the deck, creating a seamless indoor-outdoor connection that makes every morning feel like a retreat. Well-sized bedrooms throughout provide comfortable space for everyone. A one-car garage and a newer generator with generator-ready infrastructure round out a home that’s as practical as it is peaceful. Move-in ready, private, and surrounded by nature. Schedule your tour today!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1980
Materials
- Roof: Tile
- Construction materials: Wood Siding
Type & Style
- Home type: Condo
- Architectural style: Contemporary
- Property subType: Residential,Condominium
Interior
Appliances
- Appliances included: Dishwasher,Free-Standing Range,Free-Standing Refrigerator,Electric Water Heater
- Laundry features: Laundry Room
Bedroom2
- Features: Closet, Wallto Wall Carpet
- Level: Main
Bedroom3
- Features: Closet, Wallto Wall Carpet
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- Partial bathrooms: 1
- Main level bathrooms: 2
Dining Room
- Level: Main
Features
- Closet
- Flooring: Wall to Wall Carpet
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Zoned,Fireplace(s)
- Cooling features: Other
Interior Area
- Total structure area: 1,144
- Total interior livable area: 1,144 sqft
Kitchen
- Level: Main
Living Room
- Features: Deck, Fireplace,Wallto Wall Carpet
- Level: Main
Master Bedroom
- Features: Closet, Wallto Wall Carpet
- Level: Main
Property
Details
- Parcel number: R263447
Features
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Trees/Woods
Lot
- Features: Sloped,Trees
Parking
- Total spaces: 1
- Parking features: Driveway,Condo Garage (Attached),Attached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- 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
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,324 | $15,888 |
| Home Insurance * | $49 | $588 |
| Property Taxes | $496 | $5,952 |
| Electricity | $176 | $2,119 |
| Total | $2,045 | $24,540 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-18 | Listed for sale | $275,000 |
| 2026-04-09 | Pending sale | $275,000 |
| 2026-03-26 | Listed for sale | $275,000 |
| 2012-09-28 | Sold | $130,000 |
| 2012-08-07 | Pending sale | $139,500 |
| 2012-04-26 | Price change | $139,500 |
| 2012-04-02 | Listed for sale | $145,000 |
| 2003-02-19 | Sold | $122,000 |
For Sale by Agent
View on Zillow