About 16286 Waluga Dr
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.
Features of 16286 Waluga Dr
| MLS® # | 332426111 |
|---|---|
| Price | $975,000 |
| Bathrooms | 0.00 |
| Acres | 0.39 |
| Type | Land |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 16286 Waluga Dr |
|---|---|
| Area | 147 - Lake Oswego, West Linn |
| Subdivision | LAKE FOREST |
| City | Lake Oswego |
| County | Clackamas |
| State | OR |
| Zip Code | 97035 |
Amenities
| Utilities | Natural Gas Connected, Septic Tank, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
School Information
| Elementary | Lake Grove |
|---|---|
| Middle | Lake Oswego |
| High | Lake Oswego |
Additional Information
| Date Listed | May 20th, 2026 |
|---|---|
| Days on Market | 112 |
| Zoning | R7.5 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Oregon First |
|---|---|
| Contact Info | 503-887-2631 |