Westlake, Lake Oswego, OR
Westlake — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Westlake, Lake Oswego, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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Westlake Neighborhood Overview
Westlake is a prestigious neighborhood within the city of Lake Oswego, Oregon, known for its serene setting and affluent character. Centered around the private, 120-acre Westlake Country Club, the area offers a tranquil, suburban lifestyle with easy access to urban amenities. The neighborhood's ZIP code is 97034, and it is geographically positioned at approximately 45.4093 latitude and -122.6847 longitude.
Lifestyle & Amenities
The lifestyle in Westlake is heavily influenced by the Westlake Country Club, which serves as a central hub for recreation and social activity. Residents enjoy access to golf, tennis, swimming, and fine dining within this private community. The neighborhood's peaceful, tree-lined streets and proximity to Oswego Lake contribute to a relaxed, upscale atmosphere.
Real Estate Market
The Westlake real estate market is highly competitive, with homes selling quickly after an average of just five days on the market. The median home value is $921,400, with a median price per square foot of $390.33, reflecting the premium for homes in this desirable location. The homeownership rate is a high 76%, indicating a stable, established community.
Schools & Education
Westlake is served by the highly regarded Lake Oswego School District, which is consistently ranked among the top districts in Oregon. Families in the neighborhood have access to excellent public schools, contributing significantly to the area's appeal. The district's strong academic reputation is a key factor for many residents.
Transportation & Connectivity
Westlake provides convenient connectivity via major roads like State Route 43 (Boones Ferry Road) and Interstate 5, which is a short drive away. This allows for a straightforward commute into downtown Portland, approximately 10 miles to the north. The neighborhood's layout prioritizes residential tranquility while maintaining essential links to the broader metro area.
Why Choose Westlake
Choosing Westlake means investing in a premium lifestyle defined by privacy, recreation, and natural beauty centered on the country club and lake. The combination of top-tier schools, a robust real estate market with a median household income of $140,687, and a strong sense of community makes it a premier address. It is an ideal choice for those seeking an exclusive suburban enclave with the conveniences of city life within easy reach.
Westlake Market Data
| Metric | Value |
|---|---|
| Median Home Price | $921K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $141K |
| Homeownership Rate | 76.1% |
| Renter-Occupied | 23.9% |
| Rental Vacancy Rate | 1.2% |
| Market Type | Seller's |
| Market Tier | Ultra-Luxury |
| Primary ZIP Code | 97034 |
Top Real Estate Agents in Westlake, Lake Oswego
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Westlake, Lake Oswego, OR. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Oregon Real Estate Agency (OREA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-10