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About this home
An increasingly rare opportunity, this 3.24-acre dividable property in Lake Oswego offers one of the last remaining large-acreage sites in one of Oregon’s most prestigious neighborhoods. Set along picturesque Knaus Road, the land provides exceptional privacy, natural beauty, and a premier address within a coveted community. Spanning multiple tax lots, the parcel offers remarkable flexibility—ideal for a private estate, a luxury multi-residence compound, or a thoughtfully planned development. The gently sloped, wooded landscape creates a serene retreat just minutes from downtown Lake Oswego, award-winning schools, boutique shopping, fine dining, parks, and recreation. Architectural plans by Green Gables Design & Restoration are included, offering a ready-to-build vision backed by one of the region’s most respected firms, or you may bring your own design team to craft a fully custom estate. Acreage of this scale and quality seldom becomes available. Refined, private, and abundant in potential.
Forest Highlands, located between Boones Ferry Road and I-5, is a residential and wooded Lake Oswego neighborhood with curving hillside streets and a canopy of evergreens. The neighborhood’s character concentrates around the Boones Ferry Road corridor near Kruse Way, where coffee counters, local eateries, and small professional storefronts set a steady weekday rhythm. Nearby, Lake Theater & Cafe, Zupan’s Markets, and La Provence Boulangerie & Patisserie act as familiar community touchpoints. Homes lean toward mid-century and late-20th-century Northwest styles, often set back behind mature landscaping. Green pockets and trail-like sidewalks shape a walk-and-roll feel, while the terrain creates quiet cul-de-sacs and filtered views. Daily life orbits around errands, dining, and outdoor breaks, with downtown Lake Oswego a short drive away.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Private, residential setting
Mountain and trees/woods views
Heating & cooling
No heating
No cooling
Exterior features
Existing structures on the property
Private lot
Level and sloped terrain
Paved road access
Pool house
Other outbuildings
Fixer structure
Home design
Land parcel intended for single-family residence
Zoned R15/R20
Views toward mountains and woods
Construction
Two parcels (Parcel 00202211 and Parcel 00202202)
3.24-acre combined site (approximately 3 to 4.99 acres)
Utilities
Electricity connected
Water connected
Public sewer
Financial info
Tax year 2025
Electricity and solar
View estimated energy costs and solar savings for this home
Urban Low Density Residential District is adopted to implement the policies of the Comprehensive Plan for Low Density Residential, Village Standard Lot Residential, Village Small Lot Residential, Village Townhouse, Medium Density Residential, Medium High Density Residential, High Density Residential, Special High Density Residential, Village Apartment, and Regional Center High Density Residential areas.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Multiple units
Recreation
Golf related
Jul 1, 2019 • Final
Building - mechanical residential
HVAC
May 24, 2018 • Final
Building - residential new
Demolition
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 92° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
14 unhealthy days expected this year, 15 days in 30 years
Provided by First Street
Historical weather
Lake Oswego, OR • 97034
Average low and high temperatures (°F)
47
36
49
38
56
43
65
45
71
50
77
54
84
59
84
62
76
57
62
48
52
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 7% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 13501 Knaus Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $1,500,000 and $3,412,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.5M to $3.4M.
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Local rules require you to be signed in1235 Andrews Rd, Lake Oswego, OR 97034