16286 Waluga Dr, Lake Oswego, OR 97035

About The Property

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.