$899,999

12395 CLARA Ln, Lake Oswego, OR 97035

Land
Built in ——
0.92acre lot
—— car garage
$——/sqft
Listed 3 days ago

Property Description

Attention Builders, Developers, Investors, and Dream Home Buyers: Rare opportunity in the heart of Lake Oswego! This exceptional nearly 40,000-square-foot R-10 zoned property offers outstanding flexibility and upside. Explore the potential to partition into up to four lots, create a stunning estate-sized custom residence, or develop a residential care facility (buyer to verify all uses with the city). Nestled in one of Lake Oswego’s most desirable and high-demand locations, this property combines prestige, versatility, and long-term value, making it ideal for a wide range of residential or specialty development opportunities.

Listing Status:: Active
Date Added:: April 2, 2026
Data Last Updated:: April 5, 2026 at 6:40AM
Listing Office:: Great Western Real Estate Co : 503-255-7775
Listing Agent:: Cornell Mann : 503-939-7146
MLS ID:: 599972092

General: None

Road/Access: Paved
Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: R10SECTION 33 1S 1ETL 100 0.92 ACRESR331613
Current Use: Residential

Utilities: Cable availableElectricity availablePublic sewerWater available

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Cornell Mann , Great Western Real Estate Co

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Stephenson Elementary School

2627 SW Stephenson St, Portland, OR, 97219

Grades KG-5

0.44 miles away

Jackson Middle School

10625 SW 35th Ave, Portland, OR, 97219

Grades 6-8

1.16 miles away

Ida B. Wells High School

1151 SW Vermont St, Portland, OR, 97219

Grades 9-12

2.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.