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4 beds, 3 full, 1 part baths
Home size: 4,321 sq ft
Lot Size: 11,325 sq ft
Property Type: DETACHD
MLS Number: 12187940
Community: South Shore Summit

Elegant estate in sought after South Shore Summit with breathtaking 3 mountain views on quiet cul-de-sac close to shopping. Very tall ceilings, dramatic entry, formal living and dining rooms, huge kitchen, nook, and family room area. Wet bar. Landscaping and water feature by Kurisu. Triple car garage. New interior paint.

Listed with RE/MAX Equity Group

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS? of Portland, Oregon. All real estate listings are marked with the RMLS? logo, and detailed information about these properties includes the names of the listing brokers. Listing content is ? 2009 RMLS?, Portland, Oregon.

Chris Larsson- Lake Oswego Real Estate Agent

Let me help you find everything you need to know about buying or selling real estate in Lake Oswego, OR! I have been a top-producing Coldwell Banker real estate professional for over 8 years in LO. I am 120% dedicated to providing world-class concierge level service to my clientele.

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Adding to pressure on Wall Street stocks was a U.S. government report showing manufacturing in the mid-Atlantic states unexpectedly contracted in May.

The data helped lift safe-haven U.S. Treasuries prices, and pushed the 10-year note yield to just 5 basis points from its lowest level in at least 50 years, while gold prices rallied 2.6 percent.

Worries about Spanish banks resurfaced after a media report said customers of Bankia had withdrawn more than 1 billion euros from their accounts in the past week. The Spanish government said there had been no such exit of deposits.

Shares of the partly nationalized Bankia fell 13.5 percent but recovered some of the losses after the government’s denial.

The developments in Spain followed reports that customers of Greek banks were moving funds on the belief the country would exit the euro, adding to broader anxiety about the region’s debt crisis.

“The whole equities market is being driven by a macro trade based upon contagion fear in Europe, and really the problem is undercapitalized banks there,” said Jack de Gan, chief investment officer at Harbor Advisory Corp in Portsmouth, New Hampshire.

Global shares, as measured by MSCI’s world equity index <.miwd00000pus>, declined 0.6 percent, and were set for a fifth day of losses along with U.S. stocks.

The Dow Jones industrial average <.dji> was down 81.32 points, or 0.65 percent, at 12,517.23. The Standard & Poor’s 500 Index <.spx> was down 10.85 points, or 0.82 percent, at 1,313.95. The Nasdaq Composite Index <.ixic> was down 42.57 points, or 1.48 percent, at 2,831.47.

The pan-European FTSE 300 index <.fteu3> dropped 1.2 percent, a fourth straight day of declines.

Brent crude futures extended losses to more than $2 a barrel on concerns about Greece and the wider euro zone. Brent July crude was down $2.33 at $107.42 a barrel, having fallen to $107.26, the low for the year.

“The oil market, like other risky assets, is within the grips of uncertainty surrounding the euro zone,” said Harry Tchilinguirian, BNP Paribas head of commodities strategy.

Investors followed the heated political debate in Athens, where opponents of harsh austerity measures to obtain an international bailout are expected to win new elections in June.

The euro earlier dropped to $1.2665, its lowest level since mid-January, past stop-loss sell orders below $1.2680 and on course for a test of its 2012 low of $1.2623, according to Reuters data. It last traded at $1.2722, up 0.1 percent.

The yen, though, posted sharp gains against the euro and dollar, bolstered by safety bids.

In the U.S. Treasury market, the benchmark 10-year Treasury note was up 16/32, its yield easing to 1.70 percent, – just 5 basis points from its lowest level in at least 50 years.

Gold prices also rose, with spot gold registering its largest one-day gain since late January.

Spot gold bounced to an intraday high of $1,579.70 and was last up 2.36 percent at $1,575.5 per ounce. That is up almost $50 since it plunged to December lows around $1,527 on Wednesday.

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FILE- In this Monday, April, 9, 2007 file photo, Iranian President Mahmoud Ahmadinejad, speaks at a ceremony in Iran’s nuclear enrichment facility in Natanz, 300 Kilometers (186 miles) south of capital Tehran, Iran. The U.S. has plans in place to attack Iran if necessary to prevent it from developing nuclear weapons, Washington’s envoy to Israel said, days ahead of a crucial round of nuclear talks with Tehran. (AP Photo/Hasan Sarbakhshian, File)

FILE – In this Saturday, Aug. 21, 2010, file photo, an Iranian security directs media at the Bushehr nuclear power plant, with the reactor building seen in the background, just outside the southern city of Bushehr, Iran. The U.S. has plans in place to attack Iran if necessary to prevent it from developing nuclear weapons, Washington’s envoy to Israel said, days ahead of a crucial round of nuclear talks with Tehran. (AP Photo/Vahid Salemi, File)

Iranian President Mahmoud Ahmadinejad, second right, gestures, as he visits Iran’s Fuel Manufacturing Plant (FMP), a new facility producing uranium fuel for a planned heavy-water nuclear reactor, just outside the city of Isfahan, 255 miles (410 kilometers), south of Tehran, Iran, Thursday, April 9, 2009. The U.S. has plans in place to attack Iran if necessary to prevent it from developing nuclear weapons, Washington’s envoy to Israel said, days ahead of a crucial round of nuclear talks with Tehran. (AP Photo/Vahid Salemi, File)

JERUSALEM (AP) ? The U.S. has plans in place to attack Iran if necessary to prevent it from developing nuclear weapons, Washington’s envoy to Israel said, days ahead of a crucial round of nuclear talks with Tehran.

Dan Shapiro’s message resonated Thursday far beyond the closed forum in which it was made: Iran should not test Washington’s resolve to act on its promise to strike if diplomacy and sanctions fail to pressure Tehran to abandon its disputed nuclear program.

Shapiro told the Israel Bar Association the U.S. hopes it will not have to resort to military force.

“But that doesn’t mean that option is not fully available. Not just available, but it’s ready,” he said. “The necessary planning has been done to ensure that it’s ready.”

Iran says its nuclear program is for peaceful purposes, like energy production. The U.S. and Israel suspect Iran is pursuing nuclear weapons, but differences have emerged in how to persuade Tehran to curb its program.

Washington says diplomacy and economic sanctions must be given a chance to run its course, and is taking the lead in the ongoing talks between six global powers and Iran.

Israel, while saying it would prefer a diplomatic solution, has expressed skepticism about these talks and says time is running out for military action to be effective.

President Barack Obama has assured Israel that the U.S. is prepared to take military action if necessary, and it is standard procedure for armies to draw up plans for a broad range of possible scenarios. But Shapiro’s comments were the most explicit sign yet that preparations have been stepped up.

In his speech, Shapiro acknowledged the clock is ticking.

“We do believe there is time. Some time, not an unlimited amount of time,” Shapiro said. “But at a certain point, we may have to make a judgment that the diplomacy will not work.”

The U.S. envoy spoke on Tuesday. The Associated Press obtained a recording of his remarks on Thursday.

The five permanent members of the U.N. Security Council and Germany are gearing up to for a May 23 meeting with Iran in Baghdad. Shortly after the meeting, the U.N. atomic agency is to release its latest report card on Iran’s nuclear efforts.

In Tehran on Thursday, top nuclear negotiator Saeed Jalili warned against Western pressure at next week’s talks, which are a follow-up to negotiations in Istanbul last month that all sides praised as positive.

“Cooperation is what we can talk about in Baghdad,” Jalili said in comments broadcast on Iranian state TV.

“Some say time is running out for the talks,” he added. “I say time for the (West’s) pressure strategy is running out.”

Four rounds of U.N. sanctions have failed to persuade Iran to halt its uranium enrichment, a process that has civilian uses but is also key to bomb-making. But recent U.S. and European measures, including an oil embargo and financial and banking sanctions, have bludgeoned Iran’s economy by curtailing its ability to carry on economic transactions with the international community.

Israel says a nuclear weapon in the hands of Iran would threaten the Jewish state’s survival and has waged a fierce diplomatic campaign against the Iranian nuclear program for years. Israel cites Iranian calls for Israel’s destruction, Iran’s arsenal of missiles, and its support for anti-Israel militant groups.

Senior officials have expressed skepticism about the sanctions’ effectiveness, and believe Tehran is using the talks to stall the international community as Iran moves ever closer to a nuclear bomb.

The United States has urged Israel to refrain from attacking, at least at this point. Tough new economic sanctions are to go into effect over the summer, and American officials fear an Israeli strike could set off a regional war without significantly setting back the Iranian program.

Prime Minister Benjamin Netanyahu argues the negotiations will fail unless Iran agrees to halt all uranium enrichment, ship its current stockpile of enriched uranium out of the country and dismantle an underground enrichment facility near the city of Qom.

Maj. Gen. Ido Nehushtan, who until a few days ago commanded Israel’s air force, said in a Jerusalem Post interview Thursday that the air force is prepared for any scenario, including striking Iranian nuclear facilities.

Israel’s military chief told the Associated Press last month that other countries as well as Israel have readied their armed forces for a potential strike against Iran’s nuclear sites.

Associated Press

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In what will be the first of four high-altitude balloon flights to begin in the summer of 2013, technologists at NASA’s Jet Propulsion Laboratory (JPL) in Pasadena, Calif., and Wallops Flight Facility in Wallops Island, Va., are preparing to test new deceleration devices that could replace current descent technologies for landing ever-larger payloads at higher elevations on Mars.

NASA hasn’t tested deceleration technologies supersonically since 1972 when it conducted four high-altitude tests of a supersonic parachute used during the Viking program. “We’ve been stuck with that design ever since,” said Mark Adler, NASA’s Low-Density Supersonic Decelerator (LDSD) program lead. NASA will use the same technology again this year when it delivers the Curiosity rover to Mars.

However, planetary landers of tomorrow will require much larger drag devices than any now in use. “What we need is new technology to slow larger, heavier landers from the supersonic speeds of atmospheric entry to subsonic ground-approach speeds,” Adler said.

The LDSD program is aimed at giving NASA a new and improved capability. Funded by NASA’s Space Technology Program, the JPL-led team plans to conduct full-scale, stratospheric tests of three potentially breakthrough technologies. The aim is to raise their technology-readiness levels to about six, which means they could be used in a flight project, perhaps as early as 2018.

The first two are supersonic inflatable decelerators, large pressure vessels that inflate around an entry vehicle and slow it from Mach 3.5 or faster to about Mach 2. One of these inflatable devices measures nearly 20 feet in diameter (six meters), the other nearly 26 feet (eight meters). The third technology is a 110-foot (33.5-meter) parachute to further slow the entry vehicle from Mach 2 to subsonic speeds needed for a safe landing. All three would be the largest devices of their kind ever flown at speeds several times greater than the speed of sound.

The design calls for the team to attach a test vehicle equipped with the decelerator and parachute to a Wallops-provided high-altitude balloon. Once the balloon reaches an altitude of about 22 miles (36 kilometers) above Earth’s surface, the rocket would fire its engines and carry the test vehicle to Martian atmospheric densities at an altitude of 31 miles (50 kilometers) at Mach 4. There, the test vehicle would deploy the supersonic decelerator, followed by the parachute.

Perfect Marriage of Capabilities

The project leverages the strengths of both organizations, said Scott Schaire, Wallops LDSD acting project manager. While NASA JPL and its contractors are developing the test vehicle, decelerators, and parachute, NASA Wallops is responsible for balloon operations, balloon instrumentation, and other operations associated with balloon launches.

One significant NASA Wallops-provided technology is an entirely new balloon launch system — an effort Schaire’s team undertook specifically for the supersonic tests. With this new system, the test vehicle will be suspended from a vertical, 80-foot tower. Its job is preventing the test vehicle from hitting the ground as the balloon begins to lift off. A modified apparatus that resembles a farm-irrigation system will help technicians lay out the balloon and a new spool vehicle will hold the balloon until launch.

In the first test as early as August 2013, the team plans to evaluate the performance of both the decelerator and parachute. “Launching small rockets from large balloons,” Schaire said. “What could be a better project for Wallops?”

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File photo of college student at doctor?s office. (credit: Joe Raedle/Getty Images)

STEUBENVILLE, Ohio (CBS Cleveland) ? A Catholic university in Ohio is ending its student health insurance program due to President Obama?s health care law.

Franciscan University says the costs under the health care law are just too great to sustain the program.

?The Obama Administration has mandated that all health insurance plans must cover ?women?s health services? including contraception, sterilization, and abortion-causing medications as part of the Patient Protection and Affordable Care Act (PPACA),? a statement on the university?s website said. ?Up to this time, Franciscan University has specifically excluded these services and products from its student health insurance policy, and we will not participate in a plan that requires us to violate the consistent teachings of the Catholic Church on the sacredness of human life.?

Vice President of Advancement Mike Hernon told the Wheeling News-Register that it was a ?painful? decision to make.

?The two factors that are driving our decision are the freedom of religion and the economics,? Hernon told the News-Register. ?We don?t feel it?s fair to pass that cost on to our students.?

With the health care law mandating the maximum coverage amount for student policies to $100,000 for the next school year, university officials said it would have had to double the student?s premium cost for the policy this fall.

University spokesman Tom Sofio told the News-Register that the policy could cost $500,000 come the 2013-2014 school year.

The Supreme Court will make a ruling sometime this summer about the constitutionality of the president?s health care law.

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