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Home + Sea Realty
1.64 Acres

4403 Kruse Way, Lake Oswego

$2,995,000

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ActiveMLS®: 551447283Listing held by another brokerage, marked RMLS
Lot size
1.64 acres
Property type
Land
Days on market
15

Overview

Rare 1.64-acre opportunity at the highly visible NE corner of Kruse Way & Carman Dr in Lake Oswego. Two separate tax lots totaling appx 71,612 SF with exposure to one of the area's most sought after corridors, surrounded by the Kruse Way office district and kitty corner from Kruse Village restaurants and shops. The Carman Dr lot has 2 small tear-down sheds; the Kruse Way lot is land only. Strong opportunity for a developer, investor, or owner-user. Subject to the simultaneous closing of 4580 Carman Dr (MLS# 607346938) & 4403 Kruse Way (MLS# 551447283). Buyer to verify CR&D zoning, permitted uses, setbacks, utilities, and development potential with the City of Lake Oswego. Seller is doing a 1031 exchange. The Seller is an Partnership whose principal partner is a licensed Oregon Principal Broker who is also the owner of the Listing Brokerage.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
1.64 acres
View
Yes
View description
Territorial

Schools

High school
Lake Oswego
Middle school
Lake Oswego
Elementary school
Lake Grove

Location

City
Lake Oswego
County
Clackamas
Zoning
CR&D

Taxes and dues

Annual taxes
$2,924 (2026)

Location

4403 Kruse Way, Lake Oswego, OR 97035

Map showing the location of 4403 Kruse Way, Lake Oswego, OR 97035
© Mapbox © OpenStreetMap

Monthly payment estimate

$16,184 /mo

20% · $599,000
7.00%
Principal and interest
$15,941
Property tax (2026)
$244
Total
$16,184

Estimate only, and not an offer of credit. Assumes 20% down ($599,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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