5513 Rachel Ln, Lake Oswego, OR 97035
Local realty services provided by:Knipe Realty ERA Powered
Listed by: donna jo merrifieldAgent: 541-981-1436
Office: epique realty
MLS#:834944
Source:OR_WVMLS
Price summary
- Price:$1,355,000
- Price per sq. ft.:$404.96
About this home
Accepted Offer with Contingencies. Designed by a Street of Dreams builder and architect, this Lake Oswego retreat blends artistry, comfort, and thoughtful design. Expansive windows and soaring ceilings fill the home with natural light, connecting elegant interior spaces with a covered outdoor oasis surrounded by lush gardens. The gourmet kitchen, timeless finishes, and access to the neighborhood’s private one-acre park make this a true dream home for those who value craftsmanship and serenity. Owner is a licensed Oregon broker. Welcome to 5513 Rachel Lane, a one-of-a-kind Lake Oswego retreat designed by a Street of Dreams builder and architect, where craftsmanship, comfort, and connection come together effortlessly. Perfectly positioned within the sought-after Pilkington Glen neighborhood, this home surrounds a peaceful one-acre private park shared only by the nearby residents, creating a sense of community, privacy, and calm that defines the best of Lake Oswego living.Step inside and experience natural light at every turn, with soaring ceilings, expansive windows, and a layout designed for both beauty and function. The open concept main level invites gathering and relaxation with a warm great room featuring a gas fireplace, built-ins, and hardwood floors. The gourmet kitchen anchors the space with granite counters, built-in oven and microwave, gas cooktop with pot filler, and a large island perfect for entertaining.A beautiful main level office with near floor-to-ceiling windows provides the perfect workspace or reading nook. Upstairs, the primary suite offers vaulted ceilings, skylights, and a spa-inspired bath with jetted tub, dual vanities, and two generous walk-in closets. Three additional bedrooms and a large bonus room add flexibility for guests, hobbies, or media.The covered outdoor living area overlooks the lush backyard, ideal for relaxing or dining al fresco, while the front yard water feature and mature landscaping set the tone for the home’s timeless appeal. Recent updates include a new HVAC system (2024), large gutters and downspouts with drain guards (2023), and a new water heater (2022).As a longtime Oregon real estate professional, I’m honored to represent this exceptional property and the lifestyle it offers where thoughtful design meets enduring quality. Schedule your private showing today to see why homes like this rarely come to market. Owner is a licensed Oregon broker.Listed by Donna Jo Merrifield, Epique Realty • 541-981-1436
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Home facts
- Year built:2008
- Listing ID #:834944
- Added:49 day(s) ago
- Updated:December 17, 2025 at 10:51 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:3,346 sq. ft.
Heating and cooling
- Cooling:Central Ac
- Heating:Forced Air, Gas, Heat Pump
Structure and exterior
- Roof:Composition
- Year built:2008
- Building area:3,346 sq. ft.
- Lot area:0.16 Acres
Schools
- High school:Lakeridge
- Middle school:Lakeridge
Utilities
- Water:City, Connected
- Sewer:City Sewer
Finances and disclosures
- Price:$1,355,000
- Price per sq. ft.:$404.96
- Tax amount:$15,315 (2024)
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