616 CABANA LN, Lake Oswego, OR 97034

$4,055,000
5
BD
4
BA
3,838
SqFt

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Sold Price
$4,055,000
List Price
$4,300,000
Closing Date
Jun 26, 2026
Days on Market
36
Status
SOLD
MLS#
364086832
Bedrooms
5
Bathrooms
4
Living Area
3,838
Lot Size
7, 000 to 9, 999 SqFt
Region
Lake Oswego, West Linn

Property Description

From the moment you arrive, you’ll be captivated by the rare blend of storybook charm, effortless luxury, and waterfront living that defines this exceptional Cabana retreat on Oswego Lake’s coveted Lakewood Bay. Located in the heart of downtown Lake Oswego, this beautifully renovated residence offers the rare opportunity to enjoy serene lakefront living with unmatched walkability to restaurants, coffee shops, boutiques, and everyday amenities. Fully renovated in 2019, the home was thoughtfully designed for seamless indoor/outdoor living and effortless entertaining. Begin your mornings paddleboarding into town for coffee, spend sunny afternoons on your private Southern facing dock, and end the evening boating to dinner or hosting sunset gatherings along the bay.The gourmet kitchen opens beautifully to the great room overlooking the water, while covered outdoor entertaining spaces create an inviting extension of the home year-round. The main residence offers a main-level guest suite adjacent to a remodeled full bath. Upstairs, the primary suite features vaulted ceilings, skylights, a walk-in closet, and French doors opening to a private deck overlooking the bay. Two additional bedrooms plus a spacious den or optional fifth bedroom provide flexibility for a home office, gym, or media room. Elevator access to all floors and a charming upper-level laundry chute add convenience and character. Outdoor spaces feel equally magical, with a private courtyard featuring lush gardens, elegant fountain, gas fireplace, two patios, and a fully fenced low-maintenance turf yard. The detached guest cottage offers a luxurious retreat with a bright bedroom, lower-level living area, wine cellar, and private patio with gas fireplace. Four garage spaces, a private boathouse with lift, rare no-stair water access, true walkability, and turn-key condition make this a true unicorn! This is more than a home—It is one of Lake Oswego’s most coveted waterfront lifestyles.

Additional Information

Tax Amount
$31,535
Year Built
2002
High School
Lake Oswego
Elementary School
Forest Hills
Middle School
Lake Oswego
Fireplaces Total
3
Garage Spaces
4
Garage Type
Attached, Detached, Tandem
Hoa Fee
$1,500
Hoa Payment Freq
Annually
Acres
0.19
Living Area
3,838
Stories
2
Subdivision
LAKEWOOD BAY
Property Type
Single Family Residence
Terms
Cash, Conventional
Accessibility Features
Accessible Elevator Installed, Caregiver Quarters, Main Floor Bedroom w/Bath, Parking, Utility Room On Main
Master Bedroom Level
Upper
Cooling Description
Central Air
Fireplace Description
Gas
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Brick, Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
2 Story, Capecod
Waterfront Description
Lake
View
Lake, Trees/Woods
Parking
On Street, RV Access/Parking
Waterfront
Yes
Security Or Entry
Entry, Intercom Entry, Security Gate, Security Lights
Parking Description
On Street, RV Access/Parking
Covenants/Restrictions
Yes
Road Surface
Paved
Exterior Features
Boat House, Covered Deck, Dock, Fenced, Fire Pit, Gas Hookup, Guest Quarters, Outdoor Fireplace, Patio, RV/Boat Storage, Second Garage, Sprinkler, Water Feature, Yard
Interior Features
Ceiling Fan(s), Central Vacuum, Elevator, Granite, Hardwood Floors, Heated Tile Floor, Jetted Tub, Laundry, Marble, Quartz, Separate Living Quarters/Apartment/Aux Living Unit, Skylight(s), Sound System, Sprinkler, Tile Floor, Vaulted Ceiling(s), Washer/Dryer
Kitchen Appliances
Appliance Garage, Built-in Refrigerator, Dishwasher, Disposal, Double Oven, Free-Standing Gas Range, Gas Appliances, Instant Hot Water, Island, Marble, Microwave, Pantry, Pot Filler, Quartz, Range Hood, Wine Cooler

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Listing courtesy of Cascade Hasson Sotheby's International Realty. Selling Office: Cascade Hasson Sotheby's International Realty.

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