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Lake Oswego
$689,000
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- Lot size
- 40,075 sqft
- Property type
- Land
- Days on market
- 187
Overview
Attention Builders, Developers, Investors, and Dream Home Buyers: Rare opportunity in the heart of Lake Oswego! This exceptional nearly 40,000-square-foot R-10 zoned property offers outstanding flexibility and upside. Explore the potential to partition into up to four lots, create a stunning estate-sized custom residence, or develop a residential care facility (buyer to verify all uses with the city). Nestled in one of Lake Oswego’s most desirable and high-demand locations, this property combines prestige, versatility, and long-term value, making it ideal for a wide range of residential or specialty development opportunities.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 40,075 sqft
- Lot features
- Cleared, Corner Lot
- View
- No
Schools
- High school
- Ida B Wells
- Middle school
- Jackson
- Elementary school
- Stephenson
Location
- City
- Lake Oswego
- County
- Multnomah
- Zoning
- R10
Taxes and dues
- Annual taxes
- $3,273 (2025)
Location
Clara Ln, Lake Oswego, OR 97035
Monthly payment estimate
$3,940 /mo
- Principal and interest
- $3,667
- Property tax (2025)
- $273
- Total
- $3,940
Estimate only, and not an offer of credit. Assumes 20% down ($137,800) 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.
