Listing provided courtesy of Opt- MLS# 705935910MLS ProviderContact Information: 503-679-6618

725 CARRERA LNLake Oswego, OR 97034

Single Family · 5 Beds · 3 Full Baths · 3,780 Sq. ft. | 0.67 Acres
$1,500,000 Active

725 CARRERA LN Overview

Time on Site:
123 days
Visits:
5

Exceptional opportunity in the coveted Forest Highlands neighborhood! Lake Oswego high school boundary, over 1/2 acre lot, 5 bedrooms, plus bonus and loft! This home is such an amazing opportunity! Tear down price in the neighborhood is $1.1m, top end around $4m...don't miss the chance to own within this well established neighborhood. While this home has been updated in the last 20 years...the opportunity to re-imagine the space is present. The main floor welcomes you with soaring vaulted ceilings & abundant natural light, floating staircase and a layout built for entertaining...did I mention the Master on the Main! Spacious kitchen is designed for both everyday living and effortless entertaining, featuring a large island, extensive counter space, and plentiful cabinetry, with a dedicated dining room just off the kitchen. The luxurious primary suite on the main level, serves as a private retreat, complete with a spa-inspired en suite bath designed for relaxation & rejuvenation. Additional three bedrooms provide flexibility for guests, home office needs, or multi-generational living, while a versatile flex/bonus room adapts beautifully as a media room, gym, or creative space. The lower level features a huge second living area anchored by a vaulted wet bar and a cozy fireplace, perfect for movie nights or quiet evenings in. Outdoors, the expansive grounds offer room to roam, a play structure, fire pit area, and ample space to enjoy the privacy and possibilities that come with over a 1/2 acre in Lake Oswego. Assessed at over $2mm!

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725 CARRERA LN Facts & Features

  • Type Single Family
  • Sq. ft. 3,780
  • Price/Sq.ft. $397
  • Lot 0.67 Acres

Details

General

School Information

  • Elementary School: Forest Hills
  • Middle Or Junior School: Lake Oswego
  • High School: Lake Oswego

Building Information

  • Year Built: 1981

Location/Region

  • Country: US
  • County Or Parish: Clackamas
  • MLS Area Major: 147 - Lake Oswego, West Linn

Tax Information

  • Tax Annual Amount: 17090.64
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 00200473
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Partial: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 5

Building Interior

  • Building Area Total: 3780.0

General Information

  • Accessibility Features: Garage on Main,Main Floor Bedroom w/Bath,Walk-in Shower
  • Appliances: Built-in Oven,Built-in Range,Cook Island,Cooktop,Dishwasher,Disposal,Down Draft,Granite,Instant Hot Water,Island,Microwave,Plumbed For Ice Maker,Tile
  • Basement: Full Basement
  • Cooling: Central Air
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 2
  • Foundation Details: Slab
  • Heating: Forced Air
  • Interior Features: 3rd Floor,Air Cleaner,Engineered Hardwood,Garage Door Opener,High Ceilings,Jetted Tub,Laundry,Tile Floor,Vaulted Ceiling(s),Wall to Wall Carpet
  • Stories: 3
  • Window Features: Vinyl Frames

Exterior

Parking Information

  • Parking Features: Driveway,On Street
  • Parking Total: 2.0

Lot Information

  • Lot Features: Green Belt,Private,Trees
  • Lot Size Acres: 0.67
  • Lot Size Square Feet: 29185.0
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: NW Contemporary
  • Roof: Composition

General Information

  • Exterior Features: Cross Fenced,Deck,Fenced,Fire Pit,Garden,Outbuilding,Patio,Porch,Sprinkler,Tool Shed,Yard
  • Sewer: Public Sewer

725 CARRERA LN Neighborhood

Community

97034 (Lake Oswego) Demographics

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

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* 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.

725 CARRERA LN Market Data

Based on the last 30 days in this zip code

$1,877,731
Average List Price
$579
Average Price per Square Foot
22
Properties Sold
89
Average Days on Market
219
Properties for Sale
Calculations provided by Reliance Network

725 CARRERA LN History

Date Event Value Agent
6/5/2026Source: Regional MLS Price Reduction
$1,500,000 -6.2%
3/26/2026Source: Regional MLS Price Reduction
$1,599,900 -3.0%
2/26/2026Source: Regional MLS Added to Database
February 26, 2026