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18040 Royce Way, Lake Oswego, OR 97034

$2,275,000
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Property Description

WATERFRONT -Corner Lot - Amazing Opportunity to live on the water with primary suite on the main level. Quiet, Private, Gated and Secluded with mature trees for privacy. Situated on a large .27 acre Corner lot w/ spectacular views of the Blue Heron Canal in almost every room of the house. Enjoy your own boat dock for summer fun or a dinner boat cruise.This home looks straight down the canal and offers a truly unique view that captures the best of the waterfront landscape. 4 bedrooms 3 bathrooms+ a Multi-purpose bonus room/media room. Vaulted ceilings w/ floor-to-ceiling windows. Remodeled nearly all to the studs in 2013. Newer double-pane windows, presidential roof, hardwoods throughout main level, plumbing, electrical, Dual Water Heaters & Energy Efficient HVAC and A/C Unit Equipped with a smart-phone-controlled HVAC system. Multi-Gen living = w/ Kitchen in lower level and seperate entrance. Lower level Freshly painted with newer trim and Luxury vinyl plank flooring installed in 2024.Gourmet kitchen with shaker cabinets, large island, granite countertops, and a walk-in pantry. Equipped with S/S appliances and premium Blanco granite sink that looks out to the water.Primary Suite has French doors that open to your private balcony over looking the water, custom walk-in closet w/ window, and a spa-like bath with heated floors, a jetted tub, and a walk-in shower with Rain & multiple-head shower system, and high-endGrohe fixtures throughout. Designed for indoor/outdoor entertainment with your own private Irish Pub style Bar, Jetted Hot Tub overlooking the water, large side yard w/ professional horseshoe game set-up, Game Room that includes pool table and your own boat dock with automatic remote control covered boat lift. Private access to the Blue Heron swimming pool & both Lake Oswego Swim Parks. Even includes Grandfathered in Water Rights w/ Lake Pump irrigation sprinkler & drip system for the entire property. Platinum Home Warranty & a whole-house generator.

18040 Royce Way | MLS# 539834837

This single family home located at 18040 Royce Way, Lake Oswego, OR 97034 is currently listed for sale with an asking price of $2,275,000. This property was built in 1974 and has 4 bedrooms and 3 full baths with 3780 sq. ft. Royce Way is located in the BLUE HERON NEIGHBORHOOD subdivision. Search BLUE HERON NEIGHBORHOOD real estate on angeleewray.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Daylight, Finished, Separate Living Quarters-Apartment-Aux Living Unit
Cooling: Central Air, EnergyStar Air Conditioning
Fenced: Yes
Fireplaces: 2
Fuel Type: Gas
Garage: 2 car attached
Heating: ENERGY STAR Qualified Equipment, Forced Air95Plus
Home Style: Custom Style
Lot Size: 0.27 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $13,337
Year Built: 1974
Square Feet: 3,780

Feature Descriptions

Accessibility: Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Built-in Lighting, Caregiver Quarters, Main Floor Bedroom w-Bath, Natural Lighting, Parking, Walk-in Shower
Bathroom: 1.0 (Lower), 2.0 (Main)
Body of Water: Lake Oswego
Days on Site: 93
Exterior: Cedar, Wood Siding
Exterior: Boat House, Covered Deck, Covered Patio, Deck, Dock, Dog Run, Fenced, Free-Standing Hot Tub, Garden, Gas Hookup, Gazebo, Greenhouse, Guest Quarters, Patio, Porch, Raised Beds, RV Parking, RV-Boat Storage, Second Residence, Security Lights, Sprinkler, Tool Shed, Workshop, Yard
Fireplace: Gas, Wood Burning
HOA Fee: Fee 1 - $3404.00 (Annually), Fee 2 - $7500.00 (OneTime)
Home Warranty: HomeWarranty
Hot Tub: Yes
Hot Water: Electricity, Gas
Interior: Air Cleaner, Ceiling Fan(s), Engineered Hardwood, Garage Door Opener, Granite, Hardwood Floors, Heated Tile Floor, High Ceilings, High Speed Internet, Humidifier, Jetted Tub, Laundry, LuxuryVinylPlank, Separate Living Quarters-Apartment-Aux Living Unit, Sound System, Sprinkler, Tile Floor, Vaulted Ceiling(s), Vinyl Floor, Washer-Dryer, Wood Floors
Kitchen: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Granite, Island, Microwave, Pantry, Plumbed For Ice Maker, SolidSurfaceCountertop, Stainless Steel Appliance(s), Tile
Lot: Corner Lot, Gated, Level, Private, Secluded, Trees
Parking Notes: Attached, Driveway, RVAccessParking
Sewer: Public Sewer
Special View Info: Lake, Territorial
Square Footage: 1890 (Lower), 1890 (Main)
Water: Public Water
Waterfront: Lake

Room Sizes

4th Bedroom: 15 X 10 Level - Lower
2nd Bedroom: 12 X 11 Level - Main
3rd Bedroom: 15 X 10 Level - Lower
Dining Room: 18 X 14 Level - Main
Family Room: 27 X 26 Level - Lower
Kitchen: 20 X 18 Level - Main
Living Room: 20 X 14 Level - Main
Primary Bedroom: 22 X 13 Level - Main

Local Schools

High School: Lakeridge
Middle School: Lakeridge
Elementary School: Westridge

Listed By / Shown By

Listed By

Agency Name: Premiere Property Group, LLC
Agency Phone: 503-670-9000

Shown By

Agent Name: Angelee Wray, Principal Broker
Agent Phone: (541) 325-2950
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 13,278.60 per month $11,503.64 Principal & Interest $1,111.42 Property Tax $663.54 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 10/31/2026. The listing information on this page last changed on 10/31/2026. 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 Sat 10/31/2026 12:02:29 AM EST) or RMLS (last updated Fri 10/30/2026 11:57:24 PM EST) or COAR/MLSCO (last updated Sat 10/31/2026 12:01:25 AM 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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