Lake Oswego Real Estate


Lake Oswego, Oregon
W E L C O M E     T O
Lake Oswego

City parks, downtown art, and lush, forested lake vistas typify Lake Oswego, Oregon. Located on the west bank of the Willamette River just minutes south of Portland, Lake Oswego has many attractions for visitors to enjoy.

Take a leisurely ride on the historic Willamette shore trolley. The six mile rail line runs between Lake Oswego and Portland along the west bank of the Willamette River. Beautiful river views and a trip through "Oregon's darkest tunnel" are a few of the highlights of the journey.

Downtown Lake Oswego offers fine shops and boutiques, and many different kinds of restaurants. Outdoor art graces each downtown block, and is enhanced by beautiful hanging baskets, plaza plantings and green trees everywhere.

Spring brings the farmer's market season. Lake Oswego Farmers Market is held every Saturday from mid-May to mid-October. The European style market includes a wide variety of regional produce, baked goods and nursery stock, as well as live entertainment.

An historic walking tour guide is available from the Chamber of Commerce. It showcases the First Addition, the second oldest neighborhood in Lake Oswego. The tour includes houses built in many architectural styles, including Gothic, Craftsman, Colonial Revival, Vernacular and English Cottage.

With sightseeing, forest hiking, leisurely shopping, and many more unique attractions, Lake Oswego has something for everyone.

 Click Here to Map Search Properties  


Lake Oswego

From Wikipedia, the free encyclopedia
Oswego Lake
Lakewood Bay (connected to the main lake in 1928)
Location Lake Oswego, Clackamas County, Oregon
Coordinates 45°24′34″N 122°41′47″W / 45.40944°N 122.69639°W / 45.40944; -122.69639Coordinates: 45°24′34″N 122°41′47″W / 45.40944°N 122.69639°W / 45.40944; -122.69639
Lake type Kolk depression/Reservoir
Primary inflows Tualatin River, Springbrook Creek
Primary outflows Willamette River (via Oswego Creek)
Basin countries United States
Max. length 2.5 mi (4.0 km)
Max. width 0.3 mi (0.48 km)
Surface area 415 acres (1.68 km2)
Max. depth 55 ft (17 m)
Water volume 10,308 acre·ft (12,715,000 m3)
Surface elevation 103 ft (31 m)
Settlements Lake Oswego

Oswego Lake is a privately-owned lake in Clackamas County, Oregon that is completely surrounded by the city of Lake Oswego. Though the lake is naturally-occurring (a former channel of the Tualatin River), it is considered a reservoir because of the concrete dam that has increased its size to 415 acres (1.68 km2).


Geologic history

The lake is a former channel of the Tualatin River, carved in basalt to the Willamette River. Eventually, the river changed course and abandoned the Oswego route.

About 13,000 to 15,000 years ago, the ice dam that contained Glacial Lake Missoula ruptured, resulting in the Missoula Floods, which backed the Columbia River up the Willamette River. The flooding created an underwater vortex called a kolk, which scoured out and enlarged the old Oswego channel, creating a natural lake.   The rocks and boulders were flung by the kolk up to a mile away to present-day Durham and Tualatin, where they were quarried for many years before the site was converted to the Bridgeport Village shopping center.

Early human habitation

The lake was known to the native Clackamas Indians as Waluga ("wild swan"), for the birds they hunted there. With the arrival of European settlers in the mid-19th century, the lake was called Sucker Lake for a type of fish that was abundant in its waters.   In 1847, Albert Alonzo Durham built a sawmill on on Sucker Creek, the lake's outlet to the Willamette River. In 1850, he made the first Donation Land Claim in the area, which he named Oswego after Oswego, New York.

Iron industry

Remains of the Oregon Iron Company Furnace in Lake Oswego's George Rogers Park

In 1865, the Oregon Iron Company was incorporated with the goal of making the town of Oswego an industrial center for the smelting of the abundant iron ore in the area. The company purchased the entire town of Oswego, including the lake and surrounding hills, which were rich in not only iron ore, but trees that would be turned into charcoal to feed the furnaces.  Population in the town boomed, aided by the opening of a narrow gauge railroad from Portland in 1886. The Oregon iron industry peaked in 1890, but with the availability of cheaper coke-fired iron and steel mills, by the early 20th century it had nearly collapsed.

Lake expansion

The Lake Oswego Canal was built in 1872 to connect then-Sucker Lake to the Tualatin River.

In 1872, a canal was completed that connected the lake to the Tualatin River, allowing steamships from the Tualatin River and Navigation Company to travel on the lake.

A series of wooden dams had been built at the outlet to Sucker Creek beginning in 1860 to provide water power; but since winter floods would wash out these dams within a few years, in 1921 a concrete dam was built, which not only provided a more reliable power source, but also allowed the lake level to be precisely controlled. The level was allowed to rise several feet to cover the unsightly stumps left over from logging and create a more visually appealing shoreline.

With the name Sucker Lake considered unappealing to potential residents, the community decided to rename the lake. While "Lake Tualatin" was considered, in 1913 the United States Board on Geographic Names officially renamed it Oswego Lake.

In 1928, a marshy area known as the Duck Pond adjacent to the lake was flooded, and a canal dug to it to connect to the main lake to create Lakewood Bay, which allowed more shoreline homes to be built next to the newly completed Pacific Highway (now part of Oregon Route 43).

Land development

With the demise of the iron industry, the now-renamed Oregon Iron & Steel Company turned to development of its approximately 23,000 acres (93 km2) of land surrounding the lake. The company built a power plant in 1909, just before the incorporation of the City of Oswego in 1910. Headed by Oregon Iron & Steel president William M. Ladd (son of former Portland mayor William S. Ladd, who was one of the original investors in the Oregon Iron Company), the Ladd Estate Company converted the iron town into a prestigious lakeside retreat.

In 1924, Paul Murphy developed the Oswego Lake Country Club to promote Oswego as a place to "live where you play."  The Paul Murphy Company replaced Ladd's company as developer of Oregon Iron and Steel's property in 1940, and the following year, Oregon Iron and Steel created the Lake Oswego Corporation, which still owns the lake as a private corporation of lakefront property owners.   In 1960, shortly before ending its existence, Oregon Iron & Steel was disbanding deeded the powerhouse and dams to the corporation.

Modern history

The Lake Grove Swim Park on the north shore of Oswego Lake, one of several swim parks for lake shareholders

Today, the lake is still owned by the shareholders of the Lake Oswego Corporation, who typically become shareholders upon purchasing property along the lakefront. There are 690 lakefront property owners, and another 515 families who belong to one of 20 waterfront easement associations.  The Corporation manages property easements, lake access, boat and operator licensing, water safety and water quality, and lakefront building permits.   There is no public access to the lake, although residents of Lake Oswego who are not shareholders have access to one public swim park, and families in the Lake Oswego School District have access to another.   Periodically, the Corporation lowers the water level in the lake by opening the dam to allowing water to enable lakefront property owners to conduct repairs on docks and boathouses.  In 2010, the lake was lowered approximately 24 feet (7.3 m) to allow for construction of a new sewer line, the lowest lake level since 1962 when the original sewer line was installed.

With the relative scarcity of building easements, lakefront property is considered prestigious, and a number of architecturally significant homes have been built along its shores, including the Carl C. Jantzen Estate, a Tudor-style estate on the National Register of Historic Places, built on an island on the lake's north shore by the founder of the Jantzen swimwear company in 1930. In addition, the lakeshore features homes by noted Portland architects such as Richard Sundeleaf and Van Evera Bailey.

Lake health

Lakewood Bay during 2010—2011 drawdown.

In recent years, the lake has experienced explosive algae growth in the lake, due in part to runoff from lawn fertilizer, which is rich in phosphorus. The Lake Oswego Corporation has been criticized for its slow response in addressing the problem.In September 2010, the lake was drawn down to allow replacement of an aging sewer pipe that traverses the lake. The lake was expected to be refilled to its usual level by the summer of 2011.


Map Search Lake Oswego!!

CornerStone Properties NW web site!!

Allow us to introduce you to our community...   

Our website gives you internet access to ALL the properties for sale region wide, in the Portland metropolitan area.   So if you looking for Tualatin homes for sale or Beaverton real estate we can help you find the home that fits your needs and budget.  If you looking to sale your Portland area home we have a home selling system that can't be beat.  So check out our great map Search and look for that home in Lake Oswego or use the more convetional search to help you find that property in Sherwood.

As your Buyers Agent we can sell you any property for sale in the Portland area, wether your looking in Lake Oswego or West Linn, Happy Valley or Tigard we can find the right property for you,  and it does not cost you a thing and this is regardless of who the listing agent is. Use this website to search all listed for the Portland metro area and shows all the homes and Properties for sale from Hillsboro to Gresham from Vancouver to Wilsonville and all the cities in between our web site has all the listing from all the different companies.

  • Area Map