Lake Oswego Land
For Sale
$975,000
16286 WALUGA Dr, Lake Oswego, OR 97035
Land, LakeOswego, OR
Property SizeContact for details
Lot Size0.39 Acres
Days on Market93
Property Features for 16286 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 & Madrona St
Standard status
Active
APN
00235515
Lot size
0.39 Acres
Taxes and HOA fees
Tax Description
442 BRYANT ACRES PLAT 3 PT LT 207
Tax Annual Amount
2743
Legal Description
442 BRYANT ACRES PLAT 3 PT LT 207
Listing Agency:
Oregon First
(503) 646-5006
Listed By:
Haiting Qi
(503) 887-2631
Added: May 20
Changed: Aug 19
Last Checked: Aug 20 at 10:06AM
MLS# 332426111
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 0.388-acre parcel is located in an established Lake Oswego neighborhood. Zoned R-7.5, the property offers size and privacy. It is surrounded by mature trees and newer custom homes. There is potential to partition the lot. A 1935 cottage is currently on the lot and is tenant occupied. The property is being sold AS-IS for land value. It is located along quiet, winding streets, and is near Zupan's Markets, West Waluga Park, and the Lake Grove dining and shopping scene. I-5 access is nearby for commuting to Portland.
Key Highlights
- Large 0.388‑acre R‑7.5 zoned parcel in a desirable Lake Oswego location
- Potential for partition, offering development opportunities
- Premier location surrounded by mature trees and newer custom homes**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,275
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Rare 0.388-acre parcel in established Lake Oswego neighborhood.
Where is this land located?
The property is located at 16286 WALUGA Dr Lake Oswego, OR.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Large 0.388‑acre R‑7.5 zoned parcel in a desirable Lake Oswego location; Potential for partition, offering development opportunities; Premier location surrounded by mature trees and newer custom homes**
