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15468 Boones Way, Lake Oswego, OR, 97035

4beds
3baths
2,401sqft
$1,195,000
$498price/sqft
$8,411/moest. monthly cost
$336,440/yrincome needed

About This Home

Exceptional Lake Oswego living in a premier Lake Grove location close to shopping, dining, parks, and everyday conveniences. This beautifully maintained English-style home, nestled within an exclusive enclave of residences, offers a rare blend of luxury, comfort, and easy-care living. Thoughtfully designed with soaring ceilings, expansive windows, and light-filled living spaces, the home showcases rich hardwood floors, quality craftsmanship, and timeless finishes throughout. The spacious main-level primary suite offers comfort and privacy, complete with a spa-like bath and exceptional walk-in closet. Generous living and dining spaces are designed for both everyday living and entertaining, including a lovely sitting room surrounded by walls of glass and doors opening to a private patio with tranquil water feature, and serene forested backdrop. Enjoy walkability to nearby restaurants, cafés, Mercato Grove, and local amenities, along with convenient access to downtown Portland, Tryon Creek trails, and major commuter routes. A rare opportunity to enjoy refined living in one of Lake Oswego’s most desirable neighborhoods.

Getting Around

74
WalkingVery Walkable
22
TransitMinimal Transit
77
BikeVery Bikeable

Schools

8/10
8/10
10/10

Construction

Condition

  • Property condition: Resale
  • Year built: 2006

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Cedar,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom Style
  • Property subType: Residential

Interior

Appliances

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

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Closet, Wallto Wall Carpet
  • Level: Upper
  • Area: 221

Bedroom3

  • Features: Builtin Features, Ceiling Fan,Wallto Wall Carpet
  • Level: Upper
  • Area: 144

Bedroom4

  • Features: Closet, Wallto Wall Carpet
  • Level: Upper
  • Area: 144

Bedrooms & Bathrooms

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

Dining Room

  • Features: Hardwood Floors
  • Level: Main
  • Area: 121

Features

  • Ceiling Fan(s),Granite,High Ceilings,Soaking Tub,Sound System,Wainscoting,Closet,Sink,Built-in Features,Eat-in Kitchen,Double Vanity,Suite,Walk-In Closet(s)
  • Door features: Sliding Doors
  • Window features: Double Pane Windows,Vinyl Frames,Skylight(s)
  • Flooring: Hardwood,Tile,Wall to Wall Carpet
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 2,401
  • Total interior livable area: 2,401 sqft

Kitchen

  • Features: Eating Area, Gas Appliances, Hardwood Floors,Granite, High Ceilings, Wainscoting
  • Level: Main
  • Area: 180

Living Room

  • Features: Builtin Features, Fireplace, Hardwood Floors,High Ceilings
  • Level: Main
  • Area: 208

Master Bedroom

  • Features: Hardwood Floors,Double Sinks, Suite, Walkin Closet
  • Level: Main
  • Area: 180

Property

Accessibility

  • Accessibility features: Main Floor Bedroom Bath,Accessibility

Details

  • Parcel number: 05013164
  • Attached to another structure: Yes

Features

  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Yard
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 3,920 sqft
  • Features: Private,Secluded,Trees,SqFt 3000 to 4999
  • Lot size dimensions: 135 x 29 x 135 x 29

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 WaveModerate
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Cold Wave
Earthquake

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 $6,042$72,504
Home Insurance *$226$2,712
Property Taxes $1,926$23,112
Electricity $217$2,614
Total$8,411$100,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$288,377/yr
40% on housing$252,330/yr
45% on housing$224,293/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

$498This listing

vs Other Active Listings

Avg $/sqft

ZIP 97035$388
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
2026-07-11Price change$1,195,000
2026-05-16Listed for sale$1,295,000
2025-04-16Listing removed$4,750
2025-04-09Listed for rent$4,750
2024-11-25Listing removed$4,750
2024-10-10Listed for rent$4,750
2024-07-31Listing removed--
2024-07-26Price change$4,650
2024-06-12Listed for rent$4,850
2023-02-08Listing removed--
2023-01-01Price change$4,595
2022-11-18Listed for rent$4,750
2022-11-11Listing removed--
2022-11-01Price change$4,750
2022-10-11Listed for rent$4,950
2022-04-19Listing removed--
2022-04-04Listed for rent$4,495
2021-10-28Sold$1,250,000
2016-08-24Sold$800,000
2016-07-25Pending sale$800,000
2016-07-22Listed for sale$800,000
2012-05-14Sold$699,000
2012-03-30Price change$699,000
2011-09-25Price change$724,900
2011-08-17Listed for sale$749,000
2007-08-23Sold$848,900

For Sale by Agent

AgentSteve Kaer
BrokerageKaer Property Group

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