Real Estate

After a midseason move last year to the New Orleans Pelicans, NBA player Larry Nance Jr. is looking to trade away his Lake Oswego home. The former Portland Trail Blazers power forward is asking for $2.1 million for the Oregon property, which sits some 20 minutes south of downtown Portland.

Nance joined the Trail Blazers in August 2021, and records show he purchased the 3,900-square-foot home soon thereafter.

Located in the Palisades neighborhood on the south side of the lake, the .6-acre property is steps away from the water. Thickets of mature pines provide natural privacy and a scenic setting.

Fronted by traditional red brick and shake, the home also features distinguished characteristics like bay windows, an arched dormer window and stone-faced portico.

Interiors showcase a variety of ornamental touches, including wood beams, wainscoting and crown molding as well as recessed built-ins, a floor-to-ceiling granite fireplace hearth and transom windows.

Apart from the two bedrooms, laundry room and a bonus space, the upstairs also houses the primary suite, complete with a walk-in closet, dual-sided fireplace and a soaking tub.

Listing agent Terry Sprague of boutique Portland-based brokerage LUXE, says that the Nance family originally picked the Portland suburb property because of its prime location and easy access to Oswego Lake.

He added, “We were grateful to work with the Nance family to help them acquire this home. From time to time, players get traded and we enjoy delivering a concierge service that is uniquely designed to assist players that have already relocated and help manage their exit plan from afar.”

Covering 431 acres, Oswego Lake is effectively private, with the majority of the water restricted to homeowners. In addition to the four-bedroom, three-bathroom home, the listing includes deeded access to the Palisades easement on Oswego Lake.

With the Lake Oswego market currently facing low inventory issues, 16650 Fir Lane is a welcome addition to a limited supply of luxury listings available now.

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