$875,000

A unique Lake Oswego opportunity offering nearly an acre of land, an existing fixer home and several possible paths for the next owner. Purchase the property as a residence and update the current home over time, create a private estate with room to spread out, or explore the development potential of the land. The property includes three separate lots already established under Recorded Partition Plat 2005-099. The parcels measure approximately 17,752 square feet, 12,827 square feet and 10,575 square feet. A builder or developer may consider removing the existing home and potentially constructing one home on each parcel. Another option may be to replat the property into two generously sized lots of approximately one-half acre each. With the passage of Oregon House Bill 2001, additional housing density may also be possible, subject to zoning, site conditions and approval by the appropriate governing agencies. This is a flexible offering for a buyer looking for a renovation project, additional land, future development or long-term investment in a highly desirable Lake Oswego location. The existing home is being sold as-is and may have limited contributory value. See the Developer’s Packet and Recorded Partition Plat for additional information. Buyer to complete all due diligence regarding zoning, utilities, building feasibility, density and intended use.