589 RIDGEWAY RD, Lake Oswego, OR 97034 | MLS #397162553 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of Premiere Property Group, LLCMLS# 397162553MLS Provider
  • 392 days on site
  • 18 views

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.

Source: Regional MLS, MLS#: 397162553

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  • Property Type
    Residential
  • Lot
    0.20 acres

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  • Median Age
    49
  • Population Density
    2,466
  • College Educated
    79%
  • Estimated Median Income
    $129,435
  • Estimated Total Home Owners
    6,226
  • Estimated Total Renters
    1,929
  • Owner / Renter Divide
    76% / 24%
  • Estimated Average Household Size
    2
  • Total Population
    20,108
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/8/2026Source: Regional MLS Price Reduction
$1,099,000 -4.4%
5/20/2026Source: Regional MLS Price Reduction
$1,149,000 -3.8%
5/14/2026Source: Regional MLS Status Change
Active
4/29/2026Source: Regional MLS Status Change
Pending
4/16/2026Source: Regional MLS Status Change
Active
3/30/2026Source: Regional MLS Status Change
Pending
2/16/2026Source: Regional MLS Price Reduction
$1,195,000 -7.7%
1/19/2026Source: Regional MLS Price Reduction
$1,294,000 -4.1%
12/4/2025Source: Regional MLS Price Reduction
$1,349,000 -1.8%
10/15/2025Source: Regional MLS Price Reduction
$1,374,000 -1.4%
9/10/2025Source: Regional MLS Price Reduction
$1,394,000 -2.4%
7/11/2025Source: Regional MLS Price Reduction
$1,429,000 -4.0%
6/2/2025Source: Regional MLS Added to Database
June 02, 2025