801 3rd Street

*** This is the model home *** If you've been waiting for these to hit rock bottom. Well, here it is. Now $200K below original list. THERE WILL NOT BE ANOTHER PRICE REDUCTION! Now 3 out of 8 are pending (see price list for pricing and availability). 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! For investment purposes.... ACTUAL RENT ON ANOTHER HOME IN THE PROJECT IS $5,000/MO.