Company Profile: 1721 Highland Dr
Background
1721 Highland Dr is a residential property located in the Palisades neighborhood of Lake Oswego, Oregon. The property is a well-maintained Dutch Colonial-style single-family home built in 1973, offering 4 bedrooms and 3 bathrooms within 2,397 square feet of living space. Situated on a 7,840.8 square foot lot, the property includes deeded rights to the Palisades Park Community Club, providing lake access. The neighborhood is known for its proximity to Lake Oswego's new Aquatic Center, skate park, dog park, golf course, parks, and walking paths. Additionally, the area boasts a top-rated school district, including the award-winning Palisades World Language School and Lakeridge High School. The property is also close to various restaurants, coffee shops, retail shops, and grocery stores, with downtown's farmer's market and concerts in the park just minutes away.
Key Strategic Focus
The property is strategically positioned in a desirable residential area, emphasizing community engagement and access to local amenities. Its location near Lake Oswego's recreational facilities and top-rated schools enhances its appeal to families seeking a vibrant and active lifestyle. The inclusion of deeded lake access and options for community pool memberships further adds to its attractiveness.
Financials and Funding
The property was listed for sale at $875,000, with a price per square foot of $365. The listing was updated on January 15, 2026, indicating active interest in the market. The property has experienced a price reduction of $20,000 from its original listing, reflecting market dynamics and seller responsiveness.
Pipeline Development
As a residential property, 1721 Highland Dr does not have a pipeline of products or services. However, the property has undergone several updates, including brand-new garage doors, a newer HVAC system installed in 2023, a replaced water heater in 2019, a well-maintained shake roof repaired and restored in 2025, a newer deck added in 2024, and new interior paint. These enhancements contribute to the property's appeal and value.
Technological Platform and Innovation
The property features modern amenities such as a newer HVAC system and updated appliances, ensuring comfort and energy efficiency. The well-maintained shake roof and newer deck reflect a commitment to quality and durability. The inclusion of deeded lake access and options for community pool memberships adds to the property's appeal.
Leadership Team
As a residential property, 1721 Highland Dr does not have a leadership team. The property is listed by Diana Harrell of Premiere Property Group, LLC, a real estate professional with experience in the Lake Oswego area.
Market Insights and Competitor Analysis
The Lake Oswego real estate market is characterized by high demand, particularly in the Palisades neighborhood, due to its proximity to recreational facilities, top-rated schools, and community amenities. Properties in this area often experience competitive bidding and appreciate in value over time.
Comparable properties in the Palisades neighborhood include 1721 Highland Dr, which offers 4 bedrooms, 3 bathrooms, and 2,397 square feet of living space. Other similar properties in different regions include 1721 Highland Dr W in Keller, TX, a 1-bedroom, 1-bathroom manufactured home with 1,680 square feet, and another property named 1721 Highland Dr in Lake Oswego, OR, with 4 bedrooms and 2.5 bathrooms spread over 2,397 square feet. These properties differ in size, style, and location, catering to distinct market segments.
Strategic Collaborations and Operational Insights
The property benefits from its location within the Palisades neighborhood, which offers deeded lake access and options for community pool memberships. These community features enhance the property's appeal and provide additional value to potential buyers.
The property's location provides a competitive advantage due to its proximity to Lake Oswego's recreational facilities, top-rated schools, and community amenities. The well-maintained condition and recent updates further enhance its marketability.
Strategic Opportunities and Future Directions
The property offers opportunities for personalization and customization, allowing potential buyers to make it their own. Its location and features position it well in the market, appealing to families seeking a vibrant and active lifestyle in a desirable community.
Contact Information
The property is listed by Diana Harrell of Premiere Property Group, LLC. For more information or to schedule a viewing, please contact the listing agent directly.