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Location
16470 Mellon Ave, Lake Oswego, OR 97035, USA|Lake Forest
Tour 16470 Mellon Ave
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Stunning Forest Retreat in Lake Oswego 3 beds 2 baths + Den; Video!
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Amenities for 16470 Mellon Ave, Lake Forest
Appliances
| Dishwasher | In-Unit Laundry |
| Oven | Range |
| Refrigerator | Washer and Dryer |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 16470 Mellon Ave
Please see the attached Walk through Video: https youtu be zWm5ch19mA8 Discover the perfect blend of nature and modern comfort in this 4-bedroom, 2-bathroom home, nestled in a beautiful forest setting. Offering 2000 sq. ft. of living space, this Lake Oswego retreat has been thoughtfully updated and is ready for you to call it home. Features: - Freshly Refinished Hardwood Floors: Gorgeous old-growth hardwood floors throughout most of the home, complemented by luxury vinyl plank flooring and brand-new carpet in the atrium for a cozy feel. - Quartz Countertops in the Kitchen - New paint throughout the home - A light-filled atrium with skylights and large windows connects you to the serene surroundings. - Massive Wrap-Around Cedar Deck: Enjoy outdoor living on the expansive cedar deck, perfect for entertaining or relaxing by a fire pit (fire pits allowed!). Maintained by the owner. - Two full bathrooms, one a spacious en suite off the master bedroom with dual sinks. - A brand new gas fireplace, a cozy centerpiece for the living area. - The oversized 2-car garage offers plenty of room for parking and additional storage. Additional Details: - Energy Efficient Gas heat forced air - Energy Efficient Lighting throughout - Energy Efficient NEW appliances incl W/D! - Energy Efficient Vinyl Windows keep in the warmth - Small Dog and/or a cat upon approval and with Pet Rent and increased deposit. Lot and Location: - Situated on a private 10,797 sq. ft. lot surrounded by trees, offering peace and tranquility. - Conveniently located near Lake Oswego in a serene, natural setting. - Close to I-5, Carmen Drive, easy access to Bridgeport Village Outdoor Mall - Shopping, Grocery and Restaraunts within a small radius of the home. - Wonderful School District. Www greatschools org Lake Oswego schools, access to the private swim park on Lake Oswego, Lawn maintenance available if needed for a small fee; New gas fireplace & new 95% efficiency gas furnace, Leafguard gutters with new drain fields in the yard. Contact us via text today for an in-person showing.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 16470 Mellon Ave compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Neighborhood | Lake Forest |
|---|---|
| Zip code | 97035 |
| Type | House for rent |
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Rent trends in Lake Forest
Median rents as of Jan 3 2026.
Lake Forest
Lake Oswego
| Month | Median Rent |
|---|---|
| February 2024 | $2,198 |
| March 2024 | $2,204 |
| April 2024 | $2,306 |
| May 2024 | $2,199 |
| June 2024 | $2,200 |
| July 2024 | $2,248 |
| August 2024 | $2,296 |
| September 2024 | $2,213 |
| October 2024 | $2,173 |
| November 2024 | $2,079 |
| December 2024 | $2,040 |
| January 2025 | $2,016 |
| February 2025 | $1,969 |
| March 2025 | $1,993 |
| April 2025 | $2,105 |
| May 2025 | $2,227 |
| June 2025 | $2,263 |
| July 2025 | $2,287 |
| August 2025 | $2,288 |
| September 2025 | $2,242 |
| October 2025 | $2,174 |
| November 2025 | $2,153 |
| December 2025 | $2,085 |
| January 2026 | $2,125 |
| Month | Median Rent |
|---|---|
| April 2024 | $2,616 |
| May 2024 | $2,463 |
| June 2024 | $2,427 |
| July 2024 | $2,550 |
| August 2024 | $2,486 |
| September 2024 | $2,295 |
| October 2024 | $2,320 |
| November 2024 | $2,315 |
| December 2024 | $1,945 |
| June 2025 | $2,450 |
| September 2025 | $2,500 |
Affordability calculator
Can I afford to live at 16470 Mellon Ave?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$139,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $139,800 annually to afford this 4-bedrooms monthly rent price of $3,495.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $3,995 |
Schools near 16470 Mellon Ave
River Grove Elementary School
5850 sw mcewan rd
lake oswego, OR, 97035
K-5Public
A+
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Internet available near 16470 Mellon Ave
Neighborhood
Lake Forest | Lake Oswego, OR
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Lake Oswego near 16470 Mellon Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 16470 Mellon Ave, Lake Oswego
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
4/10
No elementary schools within a 30-minute walk
High schools
4/10
No high schools within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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