FIRST ADDITION Homes with Modern Style

FIRST ADDITION Homes with Modern Style

Welcome to First Addition, a charming subdivision nestled in the heart of Lake Oswego, Oregon. Known for its picturesque streets, vibrant community, and serene lakeside living, First Addition offers a delightful blend of modern style and classic charm. This neighborhood is perfect for those seeking a tranquil yet connected lifestyle, with easy access to the best that Lake Oswego has to offer.

The homes in First Addition are a stunning reflection of contemporary architecture, showcasing sleek lines, open floor plans, and an abundance of natural light. Each residence is thoughtfully designed to maximize space and functionality while incorporating high-end finishes and modern amenities. From gourmet kitchens equipped with state-of-the-art appliances to luxurious master suites that serve as personal retreats, these homes provide an ideal backdrop for modern living.

Living in First Addition means being part of a vibrant community that values both nature and culture. Residents enjoy proximity to beautiful parks, scenic walking trails, and the stunning shores of Oswego Lake, perfect for outdoor activities and relaxation. The area is also home to a variety of shops, cafes, and restaurants, ensuring that everything you need is just a short stroll away.

In First Addition, you’ll find not just a home, but a lifestyle that embraces the best of modern living in a welcoming and picturesque setting. Whether you’re a first-time homebuyer or looking to downsize, this subdivision offers a unique opportunity to experience the beauty and charm of Lake Oswego. Come and discover your dream home in First Addition today!

Newest FIRST ADDITION Homes with Modern Style

805 3rd ST, Lake Oswego
$659,900
3 Beds ⋅ 2 Baths ⋅ 491029681 MLS
*** Now 50% sold out! 4 out of 8 homes are pending! *** Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! For investment purposes....ACTUAL RENT ON ANOTHER HOME IN THE PROJECT IS $5,000/MO.

805 3rd ST, Lake Oswego
205 E AVE, Lake Oswego
$699,900
3 Beds ⋅ 2 Baths ⋅ 495387816 MLS
** Now 50% sold out! 4 out of 8 homes are pending! ** Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! For investment purposes....ACTUAL RENT ON ANOTHER HOME IN THE PROJECT IS $5,000/MO.

205 E AVE, Lake Oswego
815 3rd ST, Lake Oswego
$699,900
3 Beds ⋅ 2 Baths ⋅ 740627741 MLS
** Now 50% sold out! 4 out of 8 homes are pending! ** Don't miss your chance! CORNER LOT with the ability to fence both street facing sides! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! For investment purposes....ACTUAL RENT ON ANOTHER HOME IN THE PROJECT IS $5,000/MO.

815 3rd ST, Lake Oswego
262 G AVE, Lake Oswego
$669,900
3 Beds ⋅ 2 Baths ⋅ 712181519 MLS
** Now 50% sold out! 4 out of 8 homes are pending! ** Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! For investment purposes....ACTUAL RENT ON ANOTHER HOME IN THE PROJECT IS $5,000/MO.

262 G AVE, Lake Oswego
801 3rd ST, Lake Oswego
$729,900
3 Beds ⋅ 2 Baths ⋅ 117977271 MLS
*** This is the model home *** If you've been waiting for these to hit rock bottom. Well, here it is. Now $200K below original list. THERE WILL NOT BE ANOTHER PRICE REDUCTION! Now 3 out of 8 are pending (see price list for pricing and availability). Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! For investment purposes.... ACTUAL RENT ON ANOTHER HOME IN THE PROJECT IS $5,000/MO.

801 3rd ST, Lake Oswego
701 1st ST, Lake Oswego
$1,599,900
3 Beds ⋅ 3 Baths ⋅ 577727169 MLS
LAST ONE LEFT at The Skyview and now offered at a BLOW OUT PRICE! There will not be another rooftop condo like this in Lake Oswego! Featured in the 2025 Street of Dreams, these Scandinavian-inspired homes blend refined design with elevated urban living. Each home offers approximately 2,300 SF of living space, three bedrooms (including one on the main level), three full baths, and a spectacular 1,000 SF private ROOFTOP DECK with panoramic views of Mount Hood, the Cascade Mountains, and the twinkling lights of Lake Oswego and Willamette River. High-end finishes, custom cabinetry, and built-in appliances define the interiors, while two secure underground parking spaces with private access provide ultimate convenience. Just steps from downtown Lake Oswego’s acclaimed restaurants, boutiques, and the Farmers Market. The Skyview delivers an unmatched lifestyle of quality, comfort, and sophistication.

701 1st ST, Lake Oswego
242 G AVE, Lake Oswego
$599,900
2 Beds ⋅ 2 Baths ⋅ 335778811 MLS
** Now 50% sold out! 4 out of 8 homes are pending! ** Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets! ESTIMATED RENT IS $4,000/MO.

242 G AVE, Lake Oswego
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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.

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