Courtesy of Trout Realty, Inc.
16286 Waluga Dr, Lake Oswego
$975,000
- Price per sqft
- $1,603.62
- Built in
- 1935
- Property size
- 608 sqft
- Lot size
- 16,901 sqft
- Property type
- Residential
- Days on market
- 176
Overview
A rare opportunity in one of Lake Oswego’s most established neighborhoods. This sprawling 0.388-acre R-7.5 zoned parcel offers the size, privacy, and premier location builders and end-users covet, surrounded by mature trees and newer custom homes that signal where this street is headed. Potential to partition. Value is in the land.Tucked along quiet, winding streets, yet minutes to everything that makes Lake Oswego special. A short stroll to Zupan’s Markets, West Waluga Park, and the vibrant Lake Grove dining and shopping scene. Easy I-5 access for the Portland commute.A modest 1935 cottage currently sits on the lot. Tenant occupied. Showings upon accepted offer. Sold strictly AS-IS for land value. No repairs. Purchaser must confirm all square footage, lot size, zoning, partition feasibility, utilities, permits, and uses to their own satisfaction.Lots like this in Lake Forest don’t come along often.
Details
Interior
- Cooling
- No
- Cooling description
- None
- Heating
- Yes
- Heating description
- Baseboard
Exterior and lot
- Lot size
- 16,901 sqft
- Lot features
- Level
- Architectural style
- One Story
- Roof
- Composition
- View
- No
Utilities
- Sewer
- Septic Tank
- Water source
- Public Water
Parking
- Garage spaces
- 0
- Total parking
- 0
Schools
- High school
- Lake Oswego
- Middle school
- Lake Oswego
- Elementary school
- Lake Grove
Location
- City
- Lake Oswego
- County
- Clackamas
- Zoning
- R7.5
- Subdivision
- LAKE FOREST
Taxes and dues
- Annual taxes
- $2,743 (2026)
Location
16286 Waluga Dr, Lake Oswego, OR 97035

Monthly payment estimate
$5,418 /mo
- Principal and interest
- $5,189
- Property tax (2026)
- $229
- Total
- $5,418
Estimate only, and not an offer of credit. Assumes 20% down ($195,000) 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.
Similar homes
- photo coming soonActive
- photo coming soonActive
Courtesy of John L. Scott
ActiveCourtesy of Keller Williams Realty Portland Premiere
- photo coming soonActive
Courtesy of Redfin
ActiveCourtesy of Cascade Hasson Sotheby's International Realty
ActiveCourtesy of Soldera Properties, Inc
ActiveCourtesy of Windermere Realty Trust
ActiveCourtesy of Windermere Realty Trust
- photo coming soonActive
Courtesy of Harnish Company Realtors
- photo coming soonActive
Courtesy of Eleete Real Estate
ActiveCourtesy of John L. Scott