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Sprawling Lot in Lake Oswego
For Sale
$799,900

16061 WALUGA Dr, Lake Oswego, OR 97035

LAND - LakeOswego, OR

Lot Size0.37 Acres
Days on Market711

Property Features for 16061 WALUGA Dr

General Information

Property type Land
Property subtype Single Family Residence
Zoning R7.5
Subdivision LAKE FOREST
Elementary school Lake Grove
Middle school Lake Oswego
High school Lake Oswego
Directions Corner of Waluga Dr & Firwood Rd
Standard status Active
APN 00234099
Lot size 0.37 Acres

Taxes and HOA fees

Tax Description 442 BRYANT AC 3 PT LT 236
Tax Annual Amount 3828
Legal Description 442 BRYANT AC 3 PT LT 236
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Added: Aug 19, 2024 Changed: May 19 Last Checked: Jul 30 at 5:06PM
MLS# 24010558

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property offers a rare opportunity to own a sprawling 16,000+ sqft level corner lot, balancing privacy with a prime Lake Oswego location. The property is surrounded by mature trees, offering a peaceful retreat within a short walk of Zupan's, trendy dining spots like Jefe, La Provence, and Babica Hen, and charming coffee shops. West Waluga Park is also nearby. The property benefits from 3 lake easements granting access to Oswego Lake, enhancing recreational opportunities. The spacious lot offers the potential to build a dream home or explore subdivision for multiple homes, surrounded by neighboring luxury residences. The property is zoned R7.5 and has a lot size of 0.37 acres.

Key Highlights

  • Large 16,000+ sqft level corner lot in prime Lake Oswego location
  • 3 Lake Easements granting access to Oswego Lake
  • Walking distance to Zupan's, restaurants, coffee shops, and West Waluga Park

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Auto Parts Store Pet Grooming Service Parking Lot & Garage Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,219
Businesses Nearby

Demographics for 97035, OR

25,770
Population
11,822
Households
2.2
Avg Household Size
44
Median Age
73%
College-Educated
99%
High-School Grad
5.8 sq mi
ZIP Area
4,443
Density / Sq Mi
$126,866
Median Household Income
$75,523
Median Earnings
$1,951
Median Rent
$790,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Large corner lot with lake easements in prime location.
Where is this residential land & home lot located?
The property is located at 16061 WALUGA Dr Lake Oswego, OR.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Large 16,000+ sqft level corner lot in prime Lake Oswego location; 3 Lake Easements granting access to Oswego Lake; Walking distance to Zupan's, restaurants, coffee shops, and West Waluga Park
More about this property
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