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PETER JONES Broker
REALTOR®
(541) 706-1175
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16286 Waluga Dr, Lake Oswego, OR 97035

$975,000

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Property Description

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.

16286 Waluga Dr | MLS# 332426111

This land located at 16286 Waluga Dr, Lake Oswego, OR 97035 is currently listed for sale with an asking price of $975,000. The property has approximately 0.39 Acres. Search Lake Oswego real estate on peterjones.bendpremierrealestate.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.39 Acres
Taxes: $2,743

Feature Descriptions

Days on Site: 61
Present Use: Residential
Utilities: Natural Gas Connected, Septic Tank, Water Connected

Local Schools

High School: Lake Oswego
Middle School: Lake Oswego
Elementary School: Lake Grove

Listed By / Shown By

Listed By

Agency Name: Oregon First
Agency Contact: 503-887-2631

Shown By

Agent Name: PETER JONES Broker
Agent Phone: (541) 706-1175
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 5,443.09 per month $4,930.13 Principal & Interest $228.58 Property Tax $284.38 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/21/2026. The listing information on this page last changed on 07/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/21/2026 12:00:06 AM EST) or RMLS (last updated Mon 07/20/2026 11:55:24 PM EST) or COAR/MLSCO (last updated Mon 07/20/2026 11:51:16 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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