5501 RACHEL Ln, Lake Oswego, OR 97035

$1,250,000 Asking Price

4 beds
4 baths
3,669  sqft
Built in 2007

Discover an exquisite custom home nestled in a serene neighborhood. Crafted by renowned local architect "Whitehouse Collection" this residence exudes luxury and elegance at every turn. The grand entry welcomes you with soaring ceilings and abundant natural light, while the meticulously designed interior features plantation shutters, soaring ceilings, 8' solid doors, a substantial office with a fireplace, and an open formal dining area for hosting memorable gatherings. The heart of the home lies in the modern kitchen, with a central island, gorgeous maple cabinetry, a convenient pantry, an oversized copper sink, a prep sink, and stainless steel appliances. Adjoining the kitchen is a welcoming family room, enhanced by built-in shelving, a second gas fireplace, a wall of windows, and glass doors that open to the patio and lush yard beyond. Retreat to the luxurious primary suite, where you'll find a generous walk-in closet, a custom-designed shower, a double vanity, and a sumptuous soaking tub, perfect for unwinding after a long day. Two additional bedrooms, one featuring a finished hidden room ideal for a play area or additional storage, plus an oversized laundry room on the upper level. Downstairs, the fully finished lower level offers versatility and convenience with a kitchenette, large bonus room, bedroom, and bath, ideal for accommodating guests or multi-generational living. Outside, a matching, charming outbuilding with electricity and heat provides possibilities for workshop space, fitness, or hobbies. Fully fenced and beautiful professional landscape yard make this outdoor space ideal. Whole-House Standby Generator automatically powers the entire home during rare power outages. The private neighborhood community park adds to the allure of this exceptional property. Proximity to exceptional new Elementary and Junior High Schools. Enjoy Lake Grove restaurants, shopping, and amenities, with proximity to I-5 and Bridgeport mall.


Features & Amenities

Interior

General:
Ceiling fan, Dual flush toilet, Garage door opener, Granite, Hardwood floors, High ceilings, Laundry, Skylight, Soaking tub, Tile floor, Wainscoting, Wallto wall carpet
Appliances:
Builtin oven, Builtin refrigerator, Cook island, Cooktop, Dishwasher, Disposal, Gas appliances, Granite, Microwave, Pantry, Plumbed for ice maker, Stainless steel appliance
Basement:
Finished, Full basement, Storage space
A/C:
Central air
Heating:
Forced air
Fireplace:
Gas, Wood burning, Fireplace, Fireplaces: 2

Exterior

General:
Cedar, Cultured stone, Covered patio, Fenced, Gas hookup, Outbuilding, Patio, Sprinkler, Workshop, Yard
Style:
Traditional
Parking:
Driveway, On street, Parking spaces: 2

Construction

Roofing:
Composition
Windows:
VinylFrames
General:
Slab

Location

Road/Access:
Paved
HOA Amenities:
Commons, 800.0, Annually
Originating MLS:
Regional Multiple Listing Service, Inc.
County:
Clackamas

Lot

Zoning:
SUBDIVISION PILKINGTON GLEN 4149 LT 1, 05018984

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
Premiere Property Group, LLC, Randy Bylsma

About Lake Oswego, OR

Housing

Number of Units
21,816
Median Home Value
$661,326
Median Rent
$1,550

26.88% of housing units are renter occupied.

5.99% are vacant.

Commute

Car
41.12%
Public Transportation
1.54%
Walk to Work
1.00%
Work from Home
55.80%
Other
0.10%

The median travel time to work is 12 minutes.

People

Population
47,103
Median Age
45.80
Median Household Size
2.72

Education

High School
7.16%
Associate’s Degree
4.97%
Bachelor’s Degree
40.93%
Graduate Degree
31.18%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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