$425,000
$73K PRICE DROP

Estimated payment $2,621/month

Total Views 10,258
0.32 Acre
$1,328,125 Price per Acre
13,939 Sq Ft Lot

Highlights

  • Lake Front
  • Private Lot
  • Landscaped with Trees
  • Westridge Elementary School Rated A+
  • No HOA
  • Garage

About This Lot

Exceptional Opportunity in One of Lake Oswego’s Most Coveted Neighborhoods – This rare .32-acre lot offers the perfect canvas for your custom home, nestled in a tranquil, park-like setting just off street level for privacy and easy driveway access. Enjoy peek-a-boo views of Lake Oswego from the homesite, with all property corners marked and utilities available at both Westview Drive and South Shore Blvd to streamline development. Stakes outlining the buildable footprint are visible from the private driveway entrance. Exclusive lake easement rights provide access to Maple Circle, Alder Point Club, Blue Heron, and Lakeview Recreation Club—offering boat slips, kayak/paddleboard storage, and year-round recreational opportunities. Ideally located near top-rated schools, scenic parks, and upscale shopping and dining, this property blends natural beauty, privacy, and premier amenities. MLS#556564395 includes a proposed build plan inspired by Frank Lloyd Wright to help you visualize the possibilities. Buyer to perform their own due diligence.

Listing Agent

Tracy Peterson

Better Homes & Gardens Realty License #930300047 Listed on: 05/23/2025

Better Homes & Gardens Realty

Co-Listing Agent

Mitchell Peterson

Better Homes & Gardens Realty License #201257162

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,875

Lot Details

  • 0.32 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Private Lot
  • Sloped Lot
  • Landscaped with Trees
  • Land Lease expires 12/31/25
  • Property is zoned R10

Parking

  • Garage

Property Views

  • Lake
  • Seasonal

Schools

  • Westridge Elementary School
  • Lakeridge Middle School
  • Lakeridge High School

Community Details

  • No Home Owners Association
  • Lake View Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05037435

Property Details

Property Type

Land

Est. Annual Taxes

$3,875

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • Waterfront: Yes
  • View: Yes
  • Road Frontage: Yes
  • Lot Features: Private, PrivateRoad, Trees
  • Road Surface Type: Paved
  • Water Body Name: Lake Oswego
  • Waterfront Features: Lake
  • Disclosures: Disclosure
  • Other Structures: Garage
  • View: Lake,Seasonal

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityAvailable, PublicSewer, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Westridge
  • High School: Lakeridge
  • Middle Or Junior School: Lakeridge

Lot Info

  • Zoning: R10
  • Present Use: RawLand
  • Soil Condition: Native
  • Soil Type Classification: native
  • Land Description: Sloped
  • Land Lease Expiration Date: 2025-12-31
  • Land Lease: Yes
  • Lot Size Acres: 0.32
  • Lot Size: 14215
  • Lot Size Sq Ft: 13939.0
  • Number Of Lots: 1
  • Parcel #: 05037435

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3874.7

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 For Sale $425,000 -5.1% --
06/30/2025 06/30/25 Off Market $448,000 -- --
06/26/2025 06/26/25 Price Changed $448,000 -10.0% --
05/23/2025 05/23/25 For Sale $498,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 227353094

Regional Multiple Listing Service (RMLS)