FIRST ADDITION Homes with Modern Style

Welcome to First Addition, a charming subdivision nestled in the heart of Lake Oswego, Oregon. Known for its picturesque streets and vibrant community, First Addition offers a delightful blend of modern living and small-town charm. This highly sought-after neighborhood is characterized by its tree-lined streets, beautifully maintained parks, and an inviting atmosphere that makes it perfect for families, young professionals, and retirees alike.

First Addition is renowned for its stunning homes that showcase a modern style, seamlessly integrating contemporary design with the natural beauty of the surrounding landscape. These residences often feature open floor plans, large windows that flood the interiors with natural light, and sleek finishes that cater to today’s discerning homeowner. Whether you’re looking for a cozy bungalow or a spacious family home, First Addition offers a variety of options that cater to diverse tastes and lifestyles.

Living in First Addition means having access to a wealth of amenities. Residents can enjoy leisurely strolls to the nearby Lake Oswego parks, where you can savor the beauty of nature or engage in outdoor activities. The vibrant downtown area is just a stone’s throw away, boasting an array of boutiques, cafes, and restaurants that create a lively community hub.

With its modern homes, friendly atmosphere, and prime location in Clackamas County, First Addition is more than just a neighborhood—it’s a lifestyle. Discover your dream home in this enchanting subdivision and experience the perfect blend of modern living and community spirit in Lake Oswego.

Newest FIRST ADDITION Homes with Modern Style

$699,900

3 Beds ⋅ 2 Baths ⋅ 712181519 MLS

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 something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets!

262 G AVE, Lake Oswego

$799,900

3 Beds ⋅ 2 Baths ⋅ 117977271 MLS

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! Designed for true lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets!

801 3rd ST, Lake Oswego

$1,599,900

3 Beds ⋅ 3 Baths ⋅ 577727169 MLS

"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 Dreams, these Scandinavian-inspired homes blend refined design with elevated urban living. Each home offers approximately 2,300 SF of living space, three bedrooms (including one on the main level), three full baths, and a spectacular 1,000 SF private ROOFTOP DECK with panoramic views of Mount Hood, the Cascade Mountains, and the twinkling lights of Lake Oswego and Willamette River. High-end finishes, custom cabinetry, and built-in appliances define the interiors, while two secure underground parking spaces with private access provide ultimate convenience. Just steps from downtown Lake Oswego’s acclaimed restaurants, boutiques, and the Farmers Market. The Skyview delivers an unmatched lifestyle of quality, comfort, and sophistication.

701 1st ST, Lake Oswego

$1,549,900

3 Beds ⋅ 3 Baths ⋅ 308201264 MLS

"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-inspired homes blend refined design with elevated urban living. Each home offers approximately 2,300 SF of living space, three bedrooms (including one on the main level), three full baths, and a spectacular 1,000 SF private ROOFTOP DECK with panoramic views of Mount Hood, the Cascade Mountains, and the twinkling lights of Lake Oswego and Willamette River. High-end finishes, custom cabinetry, and built-in appliances define the interiors, while two secure underground parking spaces with private access provide ultimate convenience. Just steps from downtown Lake Oswego’s acclaimed restaurants, boutiques, and the Farmers Market. The Skyview delivers an unmatched lifestyle of quality, comfort, and sophistication.

703 1st ST, Lake Oswego

$599,900

2 Beds ⋅ 2 Baths ⋅ 335778811 MLS

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 lock-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets!

242 G AVE, Lake Oswego

$749,900

3 Beds ⋅ 2 Baths ⋅ 695064465 MLS

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-and-go living, Koval Cottages offers something Lake Oswego has never seen before: new-construction, detached fee simple homes in First Addition at an attainable entry price point. Perfect for downsizers, first-time buyers, small families, seasonal residents, or anyone seeking low maintenance luxury in the city’s most charming neighborhood. Each home showcases exceptional finish work, modern contemporary design, and a refined attention to detail throughout. A rare and extraordinary opportunity to own a standalone home in the heart of First Addition. Enjoy effortless access to downtown Lake Oswego’s restaurants, boutique shopping, cafes, and one of the region’s best Saturday Markets!

247 E AVE, Lake Oswego

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