554 4th St | $1,525,000 | Active

New Price! Imagine living in a modern luxe three-floor townhouse in the heart of Lake Oswego—a perfect blend of sophistication and convenience. This townhouse is not just a home; it’s a lifestyle.Located in the heart of Lake Oswego’s finest offerings, you’ll enjoy the ease of access to charming shops, diverse restaurants, upscale grocery stores, boutique wine markets, and the vibrant farmers’ market. Every summer weekend, you can stroll through the market, picking up fresh produce and artisanal goods, or indulge in a leisurely afternoon at a nearby café. The convenience of city life combined with the tranquility of lake views makes this location truly unique.This townhouse spans three floors of luxurious living space. Each floor is designed with high-end finishes and modern aesthetics, ensuring comfort and style. There are two designated breakers for an ELEVATOR if installed. Bids for install range around 40,000. The open-plan living areas are bathed in natural light, thanks to large windows. The layout is thoughtfully designed to maximize space and function. The main living area features a state-of-the-art kitchen with top-of-the-line appliances, such as a Wolf range. There is plenty of pantry room and a storage space closet under the stairs. The second floor offers a primary suite that is particularly luxurious, with a large spa-like bathroom. As well as two other bedrooms and hallway full bath. The third floor adds additional bonus area that can be used as a media room, with large French doors that open to an east facing balcony. The second primary bedroom serves as a private retreat, with its own en-suite bathroom and generous closet space and west facing private balcony.A secure, private garage offers parking and additional storage space.The addition of the ADU adds possibilities for extra income, comfortable guest quarters, or a quiet office and has a full kitchen!This townhouse offers everything that one could want. Come tour and enjoy!