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Property Description

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!

Overview

Open House
9/17/2026 5:00PM - 7:00PM PDT
Property Status
For Sale
Lot Size
3,049 Sq.Ft.
MLS ID
365307446
Property Type
Townhouse
Year Built
2010

Features & Amenities

Total Area
2,160 Sq.Ft.
Neighborhood
Lake Oswego
Architecture Styles
Craftsman, Townhouse
Stories
2
Garage Spaces
1.0
Water Source
Public Water
Roof
Composition
Lot Features
Level
Parking
Off Street
Heat Type
Forced Air
Air Conditioning
Central Air
Fireplace
Gas
Appliances
Builtin Oven, Disposal, Free Standing Refrigerator, Island, Solid Surface Countertop, Stainless Steel Appliance
Other Interior Features
Garage Door Opener, High Ceilings, Laundry, Luxury Vinyl Plank, Vaulted Ceiling, Wallto Wall Carpet, Washer Dryer
Sewer
Public Sewer
Substructure
Concrete Perimeter
Other Exterior Features
Patio
Elementary School
Forest Hills
Middle School
Lake Oswego
High School
Lake Oswego
Sales Price
$1,400,000
Real Estate Tax
$14,605/yr

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554 5th ST

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for your interest in 554 5th ST, Lake Oswego, OR 97034

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