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616 Cabana Ln, Lake Oswego, OR 97034

$4,300,000

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.

616 Cabana Ln | MLS# 364086832

This single family home located at 616 Cabana Ln, Lake Oswego, OR 97034 is currently listed for sale with an asking price of $4,300,000. This property was built in 2002 and has 5 bedrooms and 4 full baths with 3838 sq. ft. Cabana Ln is located in the LAKEWOOD BAY subdivision. Search LAKEWOOD BAY real estate on sherihilton.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: None
Cooling: Central Air
Fenced: Yes
Fireplaces: 3
Fuel Type: Gas
Garage: 4 car attached
Heating: Forced Air
Home Style: 2 Story, Capecod
Lot Size: 0.19 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $31,536
Year Built: 2002
Square Feet: 3,838

Feature Descriptions

Accessibility: Accessible Elevator Installed, Caregiver Quarters, Main Floor Bedroom w-Bath, Parking, Utility Room On Main
Bathroom: 1.0 (Main), 3.0 (Upper)
Days on Site: 2
Exterior: Boat House, Covered Deck, Dock, Fenced, Fire Pit, Gas Hookup, Guest Quarters, Outdoor Fireplace, Patio, RV-Boat Storage, Second Garage, Sprinkler, Water Feature, Yard
Exterior: Brick, Cement Siding
Fireplace: Gas
HOA Fee: Fee 1 - $1500.00 (Annually), Fee 2 - $2600.00 (Annually)
Hot Water: Gas
Interior: 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, Sound System, Sprinkler, Tile Floor, Vaulted Ceiling(s), Washer-Dryer
Kitchen: 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
Lot: Private, Private Road
Parking Notes: Attached, Detached, Tandem, OnStreet, RVAccessParking
Sewer: Public Sewer
Special View Info: Lake, Trees/Woods
Square Footage: 1878 (Main), 1360 (Upper)
Water: Public Water
Waterfront: Lake

Room Sizes

Den: 17 X 13 Level - Upper
4th Bedroom: 11 X 17 Level - Main
Laundry: 10 X 13 Level - Main
2nd Bedroom: 11 X 14 Level - Upper
3rd Bedroom: 11 X 18 Level - Upper
Dining Room: 28 X 20 Level - Main
Family Room: 16 X 12 Level - Main
Kitchen: 30 X 16 Level - Main
Living Room: 28 X 20 Level - Main
Primary Bedroom: 24 X 17 Level - Upper

Local Schools

High School: Lake Oswego
Middle School: Lake Oswego
Elementary School: Forest Hills

Listed By / Shown By

Listed By

Agency Name: Cascade Hasson Sotheby's International Realty
Agency Phone: 503-420-8650

Shown By

Agent Name: Sheri Hilton, Broker
Agent Phone: (541) 550-6129
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 25,625.31 per month $21,743.14 Principal & Interest $2,628.00 Property Tax $1,254.17 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/26/2026. The listing information on this page last changed on 05/26/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 05/26/2026 1:50:46 PM EST) or RMLS (last updated Tue 05/26/2026 10:35:29 AM EST) or COAR/MLSCO (last updated Tue 05/26/2026 1:41:40 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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