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8 Summit Ridge Ct, Lake Oswego, OR, 97035

2beds
3baths
1,642sqft
$569,900
$347price/sqft
$4,207/moest. monthly cost
$168,280/yrincome needed

About This Home

This unit is in excellent condition. View nature from every window. This light,spacious home has vaulted ceilings, newer windows, lots of storage and closet space, stainless steel appliances, plumbed for central vacuum, Juliette balconies, bonus loft space, and generous storage in garage. New hardiplank siding, water heater, and HVAC system all installed in the last 4-6 years. Gas stove, water heater, and fireplace convenient for power outages. Easy access to shopping, restaurants, McNary Park, and a dog run. Low HOA fees includes outside building maintenance and access to the Mt Park HOA facilities. Strong HOA with solid reserves.

Getting Around

32
WalkingCar-Dependent
32
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

10/10
8/10
Jackson Middle SchoolGrades 6-81.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2001

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Cement Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Residential,Townhouse

Interior

Appliances

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

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Vaulted Ceiling
  • Level: Upper
  • Area: 156

Bedrooms & Bathrooms

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

Dining Room

  • Level: Lower
  • Area: 140

Family Room

  • Features: Fireplace,Vaulted Ceiling
  • Level: Lower
  • Area: 247

Features

  • Granite,Plumbed For Central Vacuum,Vaulted Ceiling(s),Balcony,Bathroom,Ceiling Fan(s),Walk-In Closet(s),Walkin Shower
  • Window features: Wood Frames
  • Flooring: Hardwood,Tile,Vinyl
  • 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: 1,642
  • Total interior livable area: 1,642 sqft

Kitchen

  • Features: Dishwasher, Disposal, Microwave,Builtin Oven, Free Standing Range, Free Standing Refrigerator, Vinyl Floor, Water Purifier
  • Level: Lower

Living Room

  • Level: Lower

Master Bedroom

  • Features: Balcony, Bathroom, Ceiling Fan,Jetted Tub, Vaulted Ceiling, Walkin Closet, Walkin Shower
  • Level: Upper
  • Area: 247

Property

Accessibility

  • Accessibility features: Garage On Main,Accessibility

Details

  • Parcel number: R489649
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Hike Only Access,Tennis Court(s),Balcony
  • Has spa: Yes
  • Spa features: Association,Bath
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Features: Level,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

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Multnomah 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 $2,881$34,572
Home Insurance *$108$1,296
Property Taxes $1,042$12,504
Electricity $176$2,119
Total$4,207$50,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$144,240/yr
40% on housing$126,210/yr
45% on housing$112,186/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: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$347This listing

vs Other Active Listings

Avg $/sqft

ZIP 97035$392
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97035$414
Multnomah County$288

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
2026-08-10Price change$559,900
2026-07-17Listed for sale$569,900
2016-03-18Sold$395,000
2016-01-31Pending sale$379,900
2016-01-26Listed for sale$379,900
2002-09-18Sold$236,500

For Sale by Agent

AgentBrian Thompson
BrokerageBerkshire Hathaway HomeServices NW Real Estate

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