See Home Value
$1,029,000
● House - Off Market

589 RIDGEWAY RD

LakeOswego, OR 97034
bedrooms
4 Beds
bathrooms
2 Baths
$6,018
Est. Monthly

About This Property

Thoughtfully preserved, this mid-century modern residence celebrates the perfect harmony between innovative design and its lush, private surroundings. Inside, signature architectural details-from the iconic louvered ventilation panels to soaring vertical windows framing the verdant landscape-stand as a testament to the legacy of legendary Northwest architect John Yeon.The primarily single-level layout features gleaming refinished hardwood floors, fresh interior paint, updated lighting, and brand-new carpeting. High-value structural upgrades-including a brand-new roof, new gutters, a newer furnace, and a brand-new range-ensure this historic home seamlessly blends classic heritage with modern peace of mind. The peaceful grounds also offer a 336-SF attached, oversized garage, ideal for an artist's studio or creative space.Located in coveted Lakewood, enjoy deeded access to three premier lake easements (North Lake Club, Southview Club, and Lakewood Yacht Club) just steps from downtown Lake Oswego's boutique dining and shopping. Deceptively modest from the street, this private oasis must be experienced in person to truly appreciate its scale and setting-not a drive-by property.
Unit Size
-
Days on Market
438 days
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$622
HOA Dues
-
Year Built
1955

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Last updated: 3 months ago ( #397162553)

Price History

Date / Event Date Event Price
Aug 14, 2026 Sold
Sold
Jun 2, 2025 Listed by Premiere Property Group, LLC $1,099,000
Listed by Premiere Property Group, LLC

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,795
  • Total Building Area: 1,685
  • Building Area: 1,685
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,685
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD NO 1
  • Land Acres: 0000000202
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: 507 LAKEWOOD NO 1 LT 173 PT LT 172&VAC ST

Neighborhood

  • School District Name: Lake Oswego School District 7J
  • Census Tract: 020201

Zoning

  • Zoning: R-7.5

Geography

  • Assessors Map Reference: 656-F6
  • Account Number: 00255752
  • Parcel: 00255752
  • Lot: 173
  • Meridian: SEC 10 TWN 2S RNG 1E
  • Municipality: LAKE OSWEGO
  • Latitude: 45.4126
  • Longitude: -122.671

    Address

  • Full Address: 589 Ridgeway Rd
  • Address - House Number: 589
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Rd
  • State: OR
  • City Name: Lake Oswego
  • Carrier Code: C021
  • 4-Digit Zip Code: 3824
  • Zip Code: 97034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $704,849
  • Tax Rate Code Area: 007-002

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 77
  • Final Value: 982,714
  • High Value: 1,153,329
  • Low Value: 812,099

    Market Valuation

  • Market Total Value: $1,018,083
  • Market Land Value: $604,283
  • Market Improvement Value: $413,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $366,996

    Sales

  • Current Sale Contract Date: Dec 13, 2011
  • Current Sale Recording Date: Dec 15, 2011
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2011-072599
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 589 Ridgeway Road built and last sold?
The property at 589 Ridgeway Road was built in 1955 and last sold on Dec 13, 2011 for $375,000.
How much is this home worth?
The estimated value of the home located at 589 Ridgeway Road is $1,109,990.
What are some comparable homes to 589 Ridgeway Road?
There are currently no comparable homes to 589 Ridgeway Road.