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Lake Oswego Land Opportunity
For Sale
$975,000

16286 WALUGA, Lake Oswego, OR 97035

Sprawling lot in established neighborhood, prime location, development potential.

Property SizeContact for details
Lot Size0.39 Acres
Days on Market83

Property Features for 16286 WALUGA

General Information

Standard status Active
Lot size 0.39 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $2,743
Listing Agency: OREGON FIRST
Listed By: HAITING QI
Source: Corcoran
Added: May 21 Changed: Aug 8 Last Checked: Jul 15 at 9:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of OREGON FIRST

Investment Insights

Based on property information with market context.

This 0.388-acre parcel, zoned R-7.5, is located in an established Lake Oswego neighborhood. Surrounded by mature trees and newer custom homes, the property offers size, privacy and a premier location. The lot has potential to partition. The property is located minutes from Zupan’s Markets, West Waluga Park, and the Lake Grove dining and shopping scene, with easy access to I-5 for commuting to Portland. A 1935 cottage is currently on the lot and is tenant occupied. The property is being sold AS-IS for land value.

Key Highlights

  • Large 0.388‑acre R‑7.5 zoned parcel in a desirable Lake Oswego location.
  • Potential for partitioning the lot.
  • Located in an established neighborhood with newer custom homes.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

1,275
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Sprawling lot in established neighborhood, prime location, development potential.
Where is this residential land & home lot located?
The property is located at 16286 WALUGA 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 partitioning the lot.; Located in an established neighborhood with newer custom homes.
More about this property
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