Calling all builders! Dividable 0.86 acre flat lot bordering East Waluga Park in lovely Lake Forest. Zoned R7.5 and about 39,600 sq ft; rear portion of lot is riparian habitat. City says divide into 3 large lots. $2M homes nearby. Middle housing possibilities: townhomes, cottages, or multifamily. Surrounded with green space but close to urban essentials like Zupans, La Provence, Mercato Grove, Kruse Village, Babica Hen, West Waluga Park, etc. Existing structure is a heavy fixer.
Sold
$1,325,000
4735 Oakridge Rd, Lake Oswego, OR 97035
--beds
0baths
0.86Acres
Unimproved Land, Single Family Residence
Built in ----
0.86 Acres Lot
$1,586,000 Zestimate®
$--/sqft
$3,691 Estimated rent
Home value
$1,586,000
$1.40M - $1.79M
$3,691/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 28, 2024 at 02:31am
Listed by:
Danielle Moody 503-860-5569,
Urban Nest Realty
Bought with:
OR and WA Non Rmls, NA
Non Rmls Broker
Source: RMLS (OR),MLS#: 24332061
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Park/Greenbelt, Trees/Woods
Lot
- Size: 0.86 Acres
- Dimensions: 300ft x 132ft
- Features: Trees, Wooded, Level, SqFt 20000 to Acres1
Details
- Additional structures: Existing Structures, Residence
- Parcel number: 00233027
- On leased land: Yes
- Land lease expiration date: 1717113600000
- Zoning: R7.5
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Lake Oswego
- Subdivision: Lake Forest
Other
Other facts
- Listing terms: Cash,Conventional,Other
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2024 | Sold | $1,325,000-5% |
Source:  RMLS (OR) #24332061 Report a problem | ||
| 5/2/2024 | Pending sale | $1,395,000 |
Source: RMLS (OR) #24332061 Report a problem | ||
| 4/24/2024 | Listed for sale | $1,395,000 |
Source: RMLS (OR) #24332061 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,037 +32.4% | $470,583 +32.8% |
| 2024 | $6,824 +3% | $354,453 +3% |
| 2023 | $6,624 +3.1% | $344,130 +3% |
Find assessor info on the county website
Neighborhood: Waluga
Nearby schools
GreatSchools rating
- 6/10Lake Grove Elementary SchoolGrades: K-5Distance: 0.7 mi
- 6/10Lake Oswego Junior High SchoolGrades: 6-8Distance: 1.4 mi
- 10/10Lake Oswego Senior High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Lake Grove
- Middle: Lake Oswego
- High: Lake Oswego
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.