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115 Touchstone Ter, Lake Oswego, OR, 97035

4beds
4baths
2,560sqft
$699,000
$273price/sqft
$5,027/moest. monthly cost
$201,080/yrincome needed

About This Home

Backing to lush greenspace on a quiet dead-end street in Lake Oswego's coveted Mountain Park neighborhood, this beautifully updated townhouse offers the perfect blend of privacy, flexibility, and low-maintenance living. Multiple outdoor living spaces, including patios and decks, create a seamless connection to nature while providing plenty of room to relax, entertain, and enjoy the peaceful surroundings. Inside, the highly functional floorplan accommodates a variety of lifestyles with 4 bedrooms, 3.5 bathrooms, and multiple gathering spaces. The updated kitchen opens to the dining and living rooms, creating an easy flow for everyday living and entertaining. A dramatic vaulted living room with exposed beams, tongue-and-groove ceilings, and a brick fireplace adds warmth, character, and architectural interest. The thoughtfully updated kitchen and bathrooms, dedicated laundry room, and attached two-car garage add convenience, while the versatile layout offers space for guests, home offices, multi-generational living, or growing households. This is truly a lock-and-leave opportunity in a small community of townhomes with immediate access to everything Mountain Park has to offer. Residents enjoy access to miles of walking trails, the Mt. Park Recreation Center, and highly rated Lake Oswego schools, all while being conveniently located near downtown Portland and with easy access to both I-5 and I-205. A rare combination of tranquility, flexibility, and convenience in one of Lake Oswego's most sought-after communities.

Getting Around

26
WalkingCar-Dependent
28
TransitSome Transit
27
BikeSomewhat Bikeable

Schools

8/10
8/10
10/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1973

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Gas Range,Free-Standing Refrigerator,Microwave,Stainless Steel Appliance(s),Gas Appliances,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Patio, Sliding Doors,Closet
  • Level: Main

Bedroom3

  • Features: Bathroom, Ceiling Fan,Closet, Wallto Wall Carpet
  • Level: Upper

Bedroom4

  • Features: Fireplace,Closet, Wallto Wall Carpet
  • Level: Lower

Bedrooms & Bathrooms

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

Dining Room

  • Features: Kitchen Dining Room Combo
  • Level: Main

Family Room

  • Features: Deck,Wallto Wall Carpet
  • Level: Upper

Features

  • Granite,Soaking Tub,Vaulted Ceiling(s),Closet,Bathroom,Ceiling Fan(s),Kitchen Dining Room Combo,Kitchen Island,Pantry,Great Room,Double Closet,Suite
  • Door features: Sliding Doors
  • Flooring: Wall to Wall Carpet
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 2,560
  • Total interior livable area: 2,560 sqft

Kitchen

  • Features: Gas Appliances, Island, Pantry
  • Level: Main

Living Room

  • Features: Fireplace, Great Room,Vaulted Ceiling
  • Level: Main

Master Bedroom

  • Features: Double Closet, Suite, Wallto Wall Carpet
  • Level: Main

Property

Details

  • Parcel number: 00212317
  • Attached to another structure: Yes

Features

  • Levels: Multi/Split
  • Stories: 3
  • Patio & porch: Covered Patio,Deck,Porch,Patio
  • Exterior features: Yard
  • Spa features: Association
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 2,613 sqft
  • Features: Cul-De-Sac,Terraced,Trees,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 $3,534$42,408
Home Insurance *$132$1,584
Property Taxes $1,129$13,548
Electricity $232$2,787
Total$5,027$60,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$172,354/yr
40% on housing$150,810/yr
45% on housing$134,053/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

$273This 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)

Price History

DateEventPrice
2026-06-23Price change$699,000
2026-05-29Listed for sale$729,995
2022-02-03Sold$670,000
2021-12-21Pending sale$670,000
2021-11-19Price change$670,000
2021-10-12Price change$690,000
2021-10-02Listed for sale$709,000
2015-07-03Sold$334,900
2015-04-25Pending sale$329,900
2015-04-20Listed for sale$329,900
2015-04-08Pending sale$329,900
2015-04-02Listed for sale$329,900
2015-03-27Sold$299,000
2014-12-30Sold$299,000
2014-03-21Listing removed$299,900
2013-10-16Pending sale$299,900
2013-10-09Listed for sale$299,900
2003-10-31Sold$227,500
1998-07-31Sold$200,000

For Sale by Agent

AgentLaura Cavanaugh
BrokerageHarnish Company Realtors

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