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Lancaster Park Townhomes

A New Community by Arbor Homes

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Troutdale, OR, 97060

* Limited Information Available
  • 2 - 3 Bed Beds
  • 2.0 - 3.0 Bath Baths
  • Sq Ft.
  • Townhomes Type
  • School

Check out this new home community in Troutdale,OR found on NewHomesDirectory.com - Lancaster Park Townhomes by Arbor Homes.

Arbor Homes' Lancaster Park is situated in Troutdale, Multnomah County, Oregon, offering residents access to the natural beauty and recreational opportunities of the Pacific Northwest. The community is positioned conveniently between the Portland Metro area, the Columbia River Gorge, and Mt. Hood.

Troutdale, known as the "Gateway to the Columbia River Gorge," provides a diverse range of activities for various interests. Outdoor enthusiasts can enjoy skiing and hiking in areas like Mt. Hood, which offers year-round activities including skiing, snowboarding, mountain biking, and numerous hiking trails such as the Old Salmon River Trail and the Timberline National Historic Trail. The Columbia River Gorge itself is renowned for its waterfalls, scenic vistas, and opportunities for hiking, biking, kayaking, and fishing. Notable waterfalls in the area include Multnomah Falls, Oregon's tallest, along with Latourell Falls, Bridal Veil Falls, and Horsetail Falls.

Beyond outdoor adventures, Troutdale features a historic downtown area with art galleries, antique shops, and local boutiques. The community is also near McMenamins Edgefield, a historic estate offering concerts and other entertainment. Parks such as Donald R. Robertson City Park and Glenn Otto Community Park provide green spaces for recreation. Additionally, residents have access to nearby amenities like the Columbia Gorge Outlets, Troutdale Station food carts, and various shopping centers. Multnomah County, where Troutdale is located, boasts a thriving cultural scene and diverse dining options with a focus on sustainable, farm-to-table practices.

Lancaster Park itself offers neighborhood amenities such as a playground and community fire pit. The townhomes are designed with modern finishes and some units include Accessory Dwelling Units (ADUs), providing flexible living options. Educational facilities like Troutdale Elementary, Walt Morey Middle School, and Reynolds High School serve the community. The location also provides convenient access to major employers and essential services, including grocery stores and Mt. Hood Community College.

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Not sure where to start in buying a new home? Use these easy tools and helpful tips to guide you along your journey to home ownership.

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About Mortgages

Most homebuyers don’t pay for a home in full upfront. Instead, they work with a lender to get a mortgage — a loan used to buy a home. A mortgage allows you to borrow money and pay it back over time through monthly payments. If the loan payments are not made, the lender can take ownership of the home. Your mortgage has two main parts:

  • Principal: The amount of money you borrow
  • Interest Rate: The cost of borrowing that money

Your monthly mortgage payment usually includes:

  • Principal
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  • Property taxes
  • Homeowner’s insurance
  • Mortgage insurance (if required)

Want to estimate your monthly payment? Use our mortgage calculator by entering your loan amount, interest rate, and loan term.

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Enter your household income, down payment, monthly expenses, and interest rate to estimate how much home you may be able to afford.

How Much Can I Afford?

Our affordability calculator helps you estimate how much home you may be able to afford based on your financial situation. Knowing your budget is one of the first and most important steps in the home-buying process. While a lender can prequalify you for a mortgage, this calculator gives you a general estimate to help you start planning.

To get started, enter:

  • Your down payment
  • Your gross monthly income
  • Your regular monthly expenses
  • Your loan term (15, 20, or 30 years)

Based on the information you provide, the calculator will estimate a home price range that may fit your budget.
Keep in mind that these estimates are only a guide. Other factors — like credit score, taxes, insurance, and lifestyle expenses — can also affect how much home you can comfortably afford.
Once you have an estimated budget, you can begin exploring homes within your price range.

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Nearby Schools

Lancaster Park Townhomes Demographics

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