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Newly listedActive (ACT)AttachedClackamas County

554 5th ST

Lake Oswego, OR 97034

$1,400,000

Beds
3
Baths
3 full · 1 half
Sqft
2,160
Price / sqft
$648
Lot
0.07 ac
Built
2010
Garage
1

1 days on market

The property

Welcome to this luxurious traditional townhome, ideally located within walking distance to shops, restaurants, and all the vibrant amenities of downtown Lake Oswego. Tucked quietly away, this custom Craftsman blends timeless character with thoughtful modern updates and exceptional livability. Upon entering, you’re greeted by an impressive great room featuring floor-to-ceiling windows, beautifully refinished hickory floors, soaring ceilings, a gas fireplace, and a gourmet kitchen complete with a spacious eat-in island. Designed for effortless entertaining, the main living space flows seamlessly to a private outdoor patio, creating an inviting extension of the home. The main level is completed by a spacious primary suite with its own private patio retreat. Upstairs, you’ll find two additional primary suites, a private balcony, and a generous family room highlighted by distinctive rounded ceilings. Low-maintenance living is enhanced by a detached garage conveniently accessed from the alleyway. From its custom craftsmanship and elegant finishes to its unbeatable First Addition location, this exceptional property truly shines!

Listing snapshot

Type
Attached
Status
Active (ACT)
Year built
2010
Lot
0.07 ac
Garage
1 space
Stories
2
Fireplaces
1
Water
Public Water
Sewer
Public Sewer
Heat
Forced Air
Cooling
Central Air
Roof
Composition
Terms
Cash,Conventional,FHA,VALoan
Price / sqft
$648
Property tax
$14,605 (2025)
County
Clackamas
Condition
Resale
MLS®
365307446

Interior

  • Garage Door Opener,High Ceilings,Laundry,Luxury Vinyl Plank,Vaulted Ceiling,Wallto Wall Carpet,Washer Dryer

Appliances

  • Builtin Oven,Disposal,Free Standing Refrigerator,Island,Solid Surface Countertop,Stainless Steel Appliance

Heating & cooling

  • Forced Air
  • Central Air

Fireplace

  • Gas

Basement

  • Crawl Space

Exterior

  • Patio

Construction

  • Concrete Perimeter
  • Composition

Lot & view

  • Level

Parking

  • Off Street

Utilities

  • Public Water
  • Public Sewer
  • Paved

Style

  • Craftsman,Townhouse

The house, in pictures

On the map

554 5th ST, Lake Oswego, OR 97034

Satellite map of 554 5th ST, Lake Oswego, OR 97034

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Schools on the listing

These school names come from the RMLS listing. They are not a guarantee of attendance. Confirm the address with the district.

  • Elementary

    Forest Hills

  • Middle

    Lake Oswego

  • High

    Lake Oswego

Listing courtesy of Brian Spear and Brian Porter, Opt · 503-515-9374 · RMLS

RMLS

Listing courtesy of Brian Spear and Brian Porter, Opt · 503-515-9374. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLS. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Triple Oaks Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Sep 15, 2026, 7:03 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Provided by Triple Oaks Realty.

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554 5th ST, Lake Oswego, OR 97034 in LakeOswego | Active