FIRST ADDITION Real Estate

Welcome to First Addition, a charming and vibrant subdivision nestled in the heart of Lake Oswego, Oregon. This picturesque community is renowned for its stunning tree-lined streets, historic homes, and a strong sense of community that draws residents from all walks of life. First Addition is not just a neighborhood; it’s a lifestyle choice for those seeking the perfect blend of tranquility and accessibility.

One of the standout features of First Addition is its proximity to the beautiful Oswego Lake, where residents can enjoy a variety of recreational activities such as boating, fishing, and lakeside picnics. The subdivision is also conveniently located near an array of parks, walking trails, and outdoor spaces that promote an active lifestyle. The scenic nature trails meander through lush landscapes, inviting you to explore the great outdoors right at your doorstep.

First Addition is also celebrated for its vibrant downtown area, where you’ll find a delightful mix of boutique shops, cozy cafes, and gourmet restaurants. The community hosts various events throughout the year, fostering a welcoming atmosphere that encourages neighbors to connect and engage. Families will appreciate the highly-rated Lake Oswego schools, known for their commitment to academic excellence and extracurricular opportunities.

Whether you’re seeking a serene retreat or a lively community atmosphere, First Addition offers the best of both worlds. With its enchanting charm and convenient location, it’s no wonder that this subdivision is one of Lake Oswego's most sought-after places to call home. Come and discover the magic of First Addition, where your dream home awaits!

Newest Listings in FIRST ADDITION

401 9TH ST, Lake Oswego $2,395,000

Situated on a rare double corner lot in Lake Oswego’s coveted First Addition, this light-filled residence presents an extraordinary opportunity featuring nearly 4,300 squ...

4 Beds
3 Baths
401093618 MLS

571 2nd ST, Lake Oswego $1,349,000

Move right into this exceptional 2-bedroom, 2-bath condominium in the heart of Lake Oswego. The second bedroom has flexibility for extra storage, office space, den or bed...

2 Beds
2 Baths
467846575 MLS

262 G AVE, Lake Oswego $699,900

Here's a massive opportunity in First Addition! HUGE PRICE IMPROVEMENTS MADE! Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers somethin...

3 Beds
2 Baths
712181519 MLS

801 3rd ST, Lake Oswego $799,900

THIS MODEL HOME NOW AVAILABLE AT $799,900. Here's a massive opportunity in First Addition! HUGE PRICE IMPROVEMENTS MADE! Don't miss your chance! Don't miss your chance! D...

3 Beds
2 Baths
117977271 MLS

701 1st ST, Lake Oswego $1,599,900 ▼

"The Skyview"! THIS IS THE END UNIT in a limited collection of 4 luxury residences in Lake Oswego’s iconic First Addition neighborhood. Featured in the 2025 Street of Dre...

3 Beds
3 Baths
577727169 MLS

703 1st ST, Lake Oswego $1,549,900 ▼

"The Skyview", a limited collection of 4 luxury residences in Lake Oswego’s iconic First Addition neighborhood. Featured in the 2025 Street of Dreams, these Scandinavian-...

3 Beds
3 Baths
308201264 MLS

242 G AVE, Lake Oswego $599,900

Here's a massive opportunity in First Addition! HUGE PRICE IMPROVEMENTS MADE! Don't miss your chance! Don't miss your chance! Don't miss your chance! Designed for true l...

2 Beds
2 Baths
335778811 MLS

247 E AVE, Lake Oswego $749,900 ▼

THIS MODEL HOME NOW AVAILABLE AT $749,900! Here's a massive opportunity in First Addition! HUGE PRICE IMPROVEMENTS MADE! Don't miss your chance! Designed for true lock-an...

3 Beds
2 Baths
695064465 MLS

815 3rd ST, Lake Oswego $5,999,900 ▼

Here's a massive investment opportunity in First Addition. Own an entire block of 8 DETACHED FEE SIMPLE HOMES! 3 Bed/2.1 Baths with about 1,500 SF each. First Addition ha...

381047376 MLS

750 1ST ST, Lake Oswego $449,000 ▼

Light-filled condominium offering 1,320 square feet of beautifully updated living space with views of Mt. Hood. This spacious 2-bedroom, 2-bath residence features oversiz...

2 Beds
2 Baths
380628087 MLS

639 1ST ST, Lake Oswego $699,900 ▼

$699,900. Seller wants an offer! PARK YOUR CAR IN THE GARAGE AND BEGIN TO WALK...THE FARMERS MARKET IS JUST 4 BLOCKS AWAY. WALK, SHOP, AND BE HOME IN A FEW BLOCKS. We are...

2 Beds
2 Baths
436777998 MLS

891 8TH ST, Lake Oswego $2,099,000 ▼

Stunning new construction by a premier local builder, this light-filled residence is gracefully positioned on a coveted corner lot in First Addition, lending an exception...

3 Beds
2 Baths
168010689 MLS