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5501 RACHEL Ln, Lake Oswego, OR 97035
$1,250,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
4
baths
3,669
sqft
Built in
2007
OPEN SATURDAY 5/18, 1-3pm. Discover an exquisite custom home nestled in a serene neighborhood. Crafted by renowned local architect "Whitehouse Collection" this residence exudes luxury and elegance at every turn. The grand entry welcomes you with soaring ceilings and abundant natural light, while the meticulously designed interior features plantation shutters, soaring ceilings, 8' solid doors, a substantial office with a fireplace, and an open formal dining area for hosting memorable gatherings. The heart of the home lies in the modern kitchen, with a central island, gorgeous maple cabinetry, a convenient pantry, an oversized copper sink, a prep sink, and stainless steel appliances. Adjoining the kitchen is a welcoming family room, enhanced by built-in shelving, a second gas fireplace, a wall of windows, and glass doors that open to the patio and lush yard beyond. Retreat to the luxurious primary suite, where you'll find a generous walk-in closet, a custom-designed shower, a double vanity, and a sumptuous soaking tub, perfect for unwinding after a long day. Two additional bedrooms, one featuring a finished hidden room ideal for a play area or additional storage, plus an oversized laundry room on the upper level. Downstairs, the fully finished lower level offers versatility and convenience with a kitchenette, large bonus room, bedroom, and bath, ideal for accommodating guests or multi-generational living. Outside, a matching, charming outbuilding with electricity and heat provides possibilities for workshop space, fitness, or hobbies. Fully fenced and beautiful professional landscape yard make this outdoor space ideal. Whole-House Standby Generator automatically powers the entire home during rare power outages. The private neighborhood community park adds to the allure of this exceptional property. Proximity to exceptional new Elementary and Junior High Schools. Enjoy Lake Grove restaurants, shopping, and amenities, with proximity to I-5 and Bridgeport mall.
Features & Amenities
Interior
- General:
- Ceiling fan, Dual flush toilet, Garage door opener, Granite, Hardwood floors, High ceilings, Laundry, Skylight, Soaking tub, Tile floor, Wainscoting, Wallto wall carpet
- Appliances:
- Builtin oven, Builtin refrigerator, Cook island, Cooktop, Dishwasher, Disposal, Gas appliances, Granite, Microwave, Pantry, Plumbed for ice maker, Stainless steel appliance
- Basement:
- Finished, Full basement, Storage space
- A/C:
- Central air
- Heating:
- Forced air
- Fireplace:
- Gas, Wood burning, Fireplace, Fireplaces: 2
Exterior
- General:
- Cedar, Cultured stone, Covered patio, Fenced, Gas hookup, Outbuilding, Patio, Sprinkler, Workshop, Yard
- Style:
- Traditional
- Parking:
- Driveway, On street, Parking spaces: 2
Construction
- Roofing:
- Composition
- Windows:
- VinylFrames
- General:
- Slab
Location
- Road/Access:
- Paved
- HOA Amenities:
- Commons, 800.0, Annually
- Originating MLS:
- Regional Multiple Listing Service, Inc.
- County:
- Clackamas
Lot
- Zoning:
- SUBDIVISION PILKINGTON GLEN 4149 LT 1, 05018984
Utilities
- Water:
- Public Water
- Sewer:
- Public Sewer
Financial
- Source:
- Regional Multiple Listing Service, Inc.
This listing courtesy of:
Premiere Property Group, LLC, Randy Bylsma
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Lake Oswego, OR
Housing
- Number of Units
- 21,816
- Median Home Value
- $661,326
- Median Rent
- $1,550
26.88% of housing units are renter occupied.
5.99% are vacant.
Commute
- Car
-
41.12%
- Public Transportation
-
1.54%
- Walk to Work
-
1.00%
- Work from Home
-
55.80%
- Other
-
0.10%
The median travel time to work is 12 minutes.
People
- Population
- 47,103
- Median Age
- 45.80
- Median Household Size
- 2.72
Education
- High School
-
7.16%
- Associate’s Degree
-
4.97%
- Bachelor’s Degree
-
40.93%
- Graduate Degree
-
31.18%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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