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

616 4TH ST, Lake Oswego $1,895,000

Storybook charm and effortless livability come together in this shingled Dutch Colonial cottage, tucked into the heart of Lake Oswego's beloved First Addition. An inviti...

4 Beds
2 Baths
319930208 MLS

426 7TH ST, Lake Oswego $1,650,000

Ideally situated in the First Addition neighborhood of Lake Oswego, this home is moments from downtown's restaurants and shops, walkable to the lake and farmers market, a...

4 Beds
2 Baths
498498730 MLS

430 9TH ST, Lake Oswego $1,200,000

Set back from the street in one of Lake Oswego’s most charming neighborhoods, this beautifully reimagined 1938 cottage pairs enduring character with easy modern living. E...

2 Beds
3 Baths
311122737 MLS

205 E AVE, Lake Oswego $699,900

** Now 50% sold out! 4 out of 8 homes are pending! ** Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never ...

3 Beds
2 Baths
495387816 MLS

815 E AVE, Lake Oswego $2,295,000

Step into a storybook sanctuary in Lake Oswego's First Addition, where timeless elegance and charm effortlessly blend in this welcoming Tudor-style home. Featuring a main...

3 Beds
3 Baths
364229279 MLS

815 3rd ST, Lake Oswego $699,900

** Now 50% sold out! 4 out of 8 homes are pending! ** Don't miss your chance! CORNER LOT with the ability to fence both street facing sides! Designed for true lock-and-go...

3 Beds
2 Baths
740627741 MLS

311 E AVE Unit #7, Lake Oswego $649,900 ▲

Open Sat 10:30-12:30. Introducing The Oswego Cottages in Lake Oswego’s sought-after Historic First Addition neighborhood ideally located just blocks from downtown Lake Os...

2 Beds
2 Baths
776248346 MLS

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

262 G AVE, Lake Oswego $679,900 ▼

** Now 50% sold out! 4 out of 8 homes are pending! ** Don't miss your chance! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never ...

3 Beds
2 Baths
712181519 MLS

801 3rd ST, Lake Oswego $729,900 ▼

*** This is the model home *** If you've been waiting for these to hit rock bottom. Well, here it is. Now $200K below original list. THERE WILL NOT BE ANOTHER PRICE REDUC...

3 Beds
2 Baths
117977271 MLS

701 1st ST, Lake Oswego $1,599,000 ▼

MAJOR PRICE IMPROVEMENT ON "The Skyview"! There will not be another rooftop condo like this in Lake Oswego! Featured in the 2025 Street of Dreams, these Scandinavian-insp...

3 Beds
3 Baths
577727169 MLS

703 1st ST, Lake Oswego $1,549,000 ▼

MAJOR PRICE IMPROVEMENT ON "The Skyview"! There will not be another rooftop condo like this in Lake Oswego! Featured in the 2025 Street of Dreams, these Scandinavian-ins...

3 Beds
3 Baths
308201264 MLS