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About This Home

This 5-bedroom, 3-bathroom single family at 560 MILBURN Ct in LakeOswego, OR is listed for $1,185,000 ($286 per sqft). Built in 1962, the home offers 4,146 sqft of living space on a 0.43 acres lot.

Agent Description

Mid-century retreat in prestigious Forest Highlands neighborhood. Tucked into a serene, tree-lined enclave just moments from Tryon Creek State Park, this 1962-built home offers the rare combination of architectural character, natural beauty, and meaningful system upgrades-creating an ideal canvas for your personal vision.

Inside, classic mid-century design elements take center stage: soaring vaulted ceilings, exposed beams, and warm tongue-and-groove detailing that bring volume, texture, and timeless style. With 5 bedrooms, 3 full baths, and 4,146 square feet, the floor plan offers flexibility for a variety of living arrangements, creative spaces, or multi-generational needs.

The heavy lifting has already been done. A meticulously maintained concrete tile roof, updated HVAC and water heater, electrical improvements, whole-house generator, updated water main, repaired sewer line, and refreshed front deck framing provide peace of mind-freeing you to focus on the design and style of the home.

Separate exterior entrance to the lower level opens the door to a distinct living area-well-suited for multi-generational living, guest quarters, or flexible use depending on your needs. Wooded exteriors surrounding a calming back yard with apple, fig, pear and plum trees as well as producing blueberry bushes.

Backing to protected greenspace within the Tryon Creek watershed, the property offers a tranquil, almost meditative connection to nature-yet remains just minutes from trailheads, bustling First Addition Lake Oswego, and top-rated Forest Hills Elementary School.

Surrounded by luxury homes in one of the area's most sought after neighborhoods, this is a rare opportunity to bring your vision to life in a setting that supports it. A compelling blend of location, architecture, and investment opportunity - ready for its next chapter.

Key Features

  • Built in 1962
  • 0.43 acre lot
  • 2 stories

Property Details

2 stories
3 full
1962

Amenities

A/C

Monthly Cost Estimate

$6,338/mo

20% down · 6.5% · 30 years

Principal$857
Interest$5,135
Insurance$346

Estimates only. Actual payments may vary.

Location

560 MILBURN Ct

LakeOswego, OR 97034

FOREST HIGHLANDS

Features & Amenities

Interior Features

EngineeredHardwoodLaundrySeparateLivingQuartersApartmentAuxLivingUnitVaultedCeilingWalltoWallCarpetWasherDryer

Exterior Features

CoveredPatioFencedPatioPorchYard

Property Details

Pool Features

PatioPorch

Heating

Forced Air

Cooling

Central Air

Appliances

BuiltinOvenBuiltinRangeDishwasherFreeStandingRefrigerator

Questions & Answers

This 5-bedroom, 3-bathroom single family at 560 MILBURN Ct is listed at $1,185,000 ($286/sqft). The estimated monthly payment is $5,135 based on 20% down at 6.5% interest.

Key features include: Built in 1962, 0.43 acre lot, 2 stories. Interior Features: EngineeredHardwood, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit. Exterior Features: CoveredPatio, Fenced, Patio.

This property is listed by Josh Hackenjos and can be reached at 5034607713 or josh@joshhackenjos.com.

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JH

Josh Hackenjos

Agent at LUXE Forbes Global Properties

(503) 460-7713

Listed by LUXE Forbes Global Properties · View on Broker Site

MLS# 147573808· Source: listhub· Updated 2 days ago

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

560 MILBURN Ct, LakeOswego, OR 97034

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