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Overview of the Real Estate Market in 97068

The 97068 area, which encompasses the vibrant community of Lake Oswego, Oregon, is characterized by a diverse real estate market that includes single-family homes, townhouses, and luxury estates. This area has seen a steady influx of new residents drawn by its picturesque surroundings, excellent schools, and strong sense of community. With attractive neighborhoods and extensive local amenities, Lake Oswego remains a sought-after destination for both families and retirees alike. The real estate landscape is further bolstered by easy access to Portland, making it ideal for commuters who prefer a suburban lifestyle without sacrificing urban convenience.

Residential Real Estate Trends

In recent years, the residential real estate market in 97068 has experienced notable growth, driven by various factors including low-interest rates and increased demand for housing. Home prices in the region have risen, reflecting both the high demand and limited inventory. Buyers are particularly interested in homes that offer modern amenities and energy-efficient features, as the trend towards sustainability continues to gain momentum. Multiple offer situations are common, which can make the homebuying process competitive, particularly for first-time buyers navigating this dynamic market.

Luxury Real Estate Opportunities

Lake Oswego boasts an array of luxury real estate listings, appealing to affluent buyers seeking high-end properties. Many of these homes feature stunning waterfront views, expansive layouts, and bespoke architectural designs. The luxury market here has seen an uptick in interest, partly due to the area's desirable lifestyle amenities, including upscale dining, boutique shopping, and outdoor recreational opportunities. Moreover, the community's commitment to maintaining its natural beauty and quality of life further cements its position as a lucrative market for luxury real estate investment.

Investment Property Potential

For those interested in real estate investment, the 97068 community presents a range of opportunities. Given the area's stable rental market driven by a steady population growth, multi-family units and single-family rental properties are becoming increasingly attractive to investors. The high demand for rental properties, coupled with the potential for long-term appreciation, makes this an opportune time for investors looking to enter the Lake Oswego market. Additionally, awareness of short-term rental regulations can help landlords navigate potential challenges while maximizing their investment returns.

Community and Lifestyle Impacting Real Estate Choices

The lifestyle offered in 97068 significantly influences real estate decisions among buyers and renters. The area's top-rated schools, recreational facilities, parks, and a vibrant downtown area contribute to a family-friendly atmosphere that is highly desirable. Residents appreciate the community-focused events, farmers' markets, and cultural offerings that strengthen neighborhood ties. As accessibility to nature is a priority for many buyers, properties near the Willamette River and local parks often attract premium prices. Ultimately, the community's quality of life is an integral aspect that potential homeowners consider when evaluating real estate options in Lake Oswego.

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97068 Homes for Sale

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Newest 97068 Homes for Sale

$750,000
3 Beds 3 Baths 130331097 MLS
Now featuring brand-new carpet throughout! Embrace the Pacific Northwest lifestyle in one of West Linn's most peaceful and desirable neighborhoods. Situated on a beautifully maintained corner lot, this property offers an exceptional blend of privacy, outdoor living, and walkability. Just moments from the Willamette River, you'll enjoy easy access to riverfront parks, fishing, kayaking, paddleboarding, scenic trails, and the nearby boat launch. Charming Old Willamette, with its local restaurants, coffee shops, and community events, is just minutes away.Designed for those who love the outdoors, the expansive deck features both covered and open spaces, creating the perfect setting for year round entertaining, summer barbecues, or simply relaxing while surrounded by mature landscaping. The lush yard includes a full sprinkler system, strawberries, Oregon grapes, and thoughtfully maintained gardens. A large storage shed, abundant RV and boat parking, and an oversized 2 car garage with dedicated shop space provide plenty of room for all your recreational gear.Inside, natural light fills the inviting living spaces. The kitchen offers a generous walk in pantry with abundant storage, making everyday living and entertaining effortless. The flexible floor plan includes a main level third bedroom that was originally the primary suite and can easily be converted back. Currently used as a living room, it features gorgeous sliding doors that open directly onto the deck.Adding to the home's versatility is a private ADU above the garage with its own deck and separate feel. Ideal for multigenerational living, guests, rental income, or a private office or studio, it offers flexibility while complementing the home's lifestyle-focused design.With Willamette Park, river access, fly fishing, paddleboarding, kayaking, hiking trails, and downtown Old Willamette all within walking distance, this is a rare opportunity to enjoy the very best of West Linn living.

1235 11TH ST, West Linn

$344,850
2 Beds 2 Baths 238812921 MLS
SITTING PRETTY ~ THIS IS A FANTASTIC OPPORTUNITY TO LIVE IN THE SOUGHT AFTER MANSIONS AT SUMMERLINN COMMUNITY! Condo is move-in ready! NEW ROOF & BALCONY DECK installed August 2026. New garage door opener recently installed. Light & Bright, with a touch of class! Condo Offers 1095 SgFt in this picture-perfect 2-bedroom, 2 full bath condo that has been exceptionally well maintained and lovingly cared for. Vaulted ceilings and skylight enhance the open, airy feel to the main living area, while light colored wood floors, fresh interior paint and new plush carpet add warmth and style. The home is light and bright throughout, anchored by an inviting gas fireplace that creates a cozy focal point in the living space. Step outside to a New private patio, perfect for relaxing or entertaining. A spacious dining area features built-in cabinets, large wall mirror adding character plus extensive storage. The Kitchen is both stylish and functional, featuring granite countertops, eating bar, Brand New stainless steel refrigerator just installed, gas appliances and a walk-in pantry/laundry with additional storage. The spacious primary suite is highlighted by a custom accent wall, offering a stylish designer touch and features a cozy electric wall fireplace. Primary has access as well to the covered patio. The ensuite bath offers dual sinks, tub/shower combo and a spacious walk-in closet. Oversized ground level garage offers extra depth for storage area. Tandem parking in the driveway and additional guest parking is available close to the home. Enjoy scenic walks throughout the neighborhood, featuring 2 tranquil Koi ponds and thoughtfully placed sitting benches for relaxing and enjoying the views. Only 5 minutes to markets, hardware stores & Dutch Brothers coffee and the historic Willamette and Willamette Park with river access. Access to North Willamette Park and Tanner Open Space just north of the complex. Washer and dryer are negotiable.

4555 SUMMERLINN WAY, West Linn

$1,075,000
6 Beds 4 Baths 514653137 MLS
Privately positioned at the end of a quiet cul-de-sac, this four-level West Linn home offers exceptional scale, flexibility, and sweeping Willamette River views. Designed with layered indoor and outdoor living zones, the property balances privacy, connection, and functionality in a resort-like setting. A detached 2-car garage with generous storage connects to the home via a covered breezeway, creating a tucked-away arrival experience. The main level features the kitchen, dining area, foyer, powder room, and a serene primary suite with a spa-like bath, including dual vanities, a tiled walk-in shower, private water closet, separate vanity, and an instagram-worthy walk-in closet with island and abundant natural light. A full-length deck provides an ideal spot for morning coffee or evening gatherings overlooking the river.One level down, a dramatic living room spans over 40 feet and serves as the home’s central gathering space, complete with a fireplace, built-in shelving, a functional wet bar, and access to another full-length deck with continued views. This level also includes a bedroom, full bath, and a spacious walk-in laundry room.The next level down offers four bedrooms arranged in two Jack-and-Jill pairs, along with two full bathrooms, three bedrooms with in-room sinks, and a centrally located family room. The lowest level expands the home’s versatility with two large bonus spaces, additional laundry, ample storage, exterior access, and a barrel sauna. A wraparound deck with hot tub, built-in outdoor kitchen, seating areas, and a seasonal waterfall feature creates a private outdoor retreat. The property remains low maintenance and highly private, with usable outdoor areas for gardening or play. Offering 5,421 square feet, six bedrooms, four full bathrooms, and one half bathroom, this home is conveniently located near I-5, Lake Oswego, downtown West Linn, and top-rated schools—delivering a rare combination of space, privacy, and river views.

2010 MAPLE TER, West Linn

$2,195,000
3 Beds 3 Baths 425043864 MLS
23 Private Acres in West Linn. A rare opportunity to own 23 gated acres in West Linn, offering privacy, open space, and the kind of setting that feels worlds away while still near everyday conveniences. Perched above Shortland Golf Club, this property blends seclusion and accessibility in a way that’s hard to find. Spend your afternoons exploring nearby wineries and tasting rooms, then come home to your own peaceful retreat surrounded by timber and open sky. Much of the groundwork is already complete. A paved driveway, power, well, 2 septic systems, and a level building site are in place, allowing you to enjoy the property now while planning your future home.The newer shop with ADU provides flexible living space for guests, extended family, weekend stays, or caretaker use. The recreation barn is built for gathering, featuring a dramatic rock fireplace, full bar, and space for everything from casual evenings to larger celebrations. Outdoor amenities include a picnic gazebo with fireplace and smoker, paved sport court, greenhouse, raised garden beds, and open, park-like areas framed by natural timber. A unique retreat setting where you can live comfortably in the existing barndominium while planning your custom home—ultimately repurposing the structure into a recreational barn that enhances the property’s long-term vision. Buyer to perform due diligence regarding permitted uses and development options.

27940 SW MOUNTAIN RD, West Linn

$5,200,000
10 Beds 9 Baths 356505065 MLS
Sited on 68 acres in the rolling hills of West Linn, this incomparable contemporary chateau strikes an artful balance between historical grandeur and modern convenience. Completely custom-built, the home boasts a fusion of salvaged materials, local metalwork and antique elements sourced from global artisans, like French limestone floors and antique doors from Morocco and Germany. Artistic custom pieces and singular spaces include a stunning floor-to-ceiling half-moon window in the entrance hall, a striking glass elevator, a spiral staircase boasting intricate ironwork, and circular turret rooms with French plaster walls and soaring domed ceilings. The gourmet kitchen features a wood-fired pizza oven, marble countertops, commercial-grade refrigerator and freezer, La Cornue range with custom hood, two hammered copper sinks, two dishwashers and a walk-in butler's pantry. One of two primary suites boasts a sitting room with reclaimed ceiling beams, copper wall accents and an antique fireplace, along with a walk-in marble shower and domed rotunda with clawfoot tub. Unique lifestyle spaces include a rooftop balcony perfect for starlit entertaining and a wine room with a 1,000-bottle capacity. A connected 4-bedroom guest house with separate entrance features a full kitchen, formal dining room, library, family room, media room, sun room and expansive veranda overlooking acres of pasture. The primary suite offers a double-sided fireplace and dual walk-in closets. Captivating grounds ideally suited for hosting events, weddings, and corporate retreats. Multiple exterior gathering spaces to take in picturesque country views. An oversized 4-bay garage converts easily into an entertaining space and opens to a beautiful courtyard, while a 3-car attached garage provides parking and storage. Property has an approved event permit. Possibilities include a vineyard, working farm, or simply an extraordinary place to host family and friends, just a 30 min drive from downtown Portland.

26480 SW WILKEN LN, West Linn

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.