SELLER CARRIED FINANCING AT 4.5% AVAILABLE! Rare opportunity to build a custom home in the coveted Lake Oswego community and be all in for 1.2m-1.7m depending on your dream design! This property already has an approved septic system, and is set up for all utilities including natural gas. Bring your own builder and architect to design your dream home, or work with one of the two proposed plans by award winning builder, Teal Point Construction, that can be modified to fit your needs. The two different plans by Teal Point range from a $1.25m-$1.5m all-in (this sales price includes the lot price). This large level lot allows the home to be set back from the road with all of the trees in the front taken down to create a sun-filled oasis and a Gardner's paradise. Your work commute will be a breeze with easy access to the I5 and 217. Enjoy the charm and convenience of of nearby shopping, restaurants, cafes, grocery stores, gyms, parks, hiking trails, and award winning Lake Oswego schools. This is a once in a lifetime opportunity to build a brand new home with an elegant design and refined finishes of your choosing in one of the most sought after locations in Oregon!
Vacant landProperty Type
8,712 sq ftLot Size
$155Est. Price/Sq.Ft.
Listed by Lauren Hasson• Cascade Hasson Sotheby's International Realty
Developer / Investor Opportunity! This large 1/2 Acre lot w/ existing 3BD / 1BA Home w/ over 1000 SF of living space has several options for development. You can scrape or keep the existing house, rehab it or potentially divide into 2 approx 1/4 acre lots and build 1-2 new houses. There's also potential to just buy and rent out the existing house as a solid residential investment. Buyer to perform their own due diligence. Please do not disturb occupants. Showings are by appointment only.
RMLS #12492068
Jun 20, 2013
Sold
$230,000
May 3, 2013
Pending
—
Jan 16, 2013
Contingent
—
Jan 9, 2013
Price Changed
$219,900
Dec 17, 2012
Price Changed
$229,900
Oct 3, 2012
Price Changed
$239,900
Aug 14, 2012
Price Changed
$249,900
Aug 3, 2012
Price Changed
$259,900
Jul 27, 2012
Listed
$269,900
+3
Over sized lot with large deck. 3 bedrooms 1 bath. Great starter home with potential to develop in the future?
Public Records
Jun 29, 2001
Sold
$171,000
Public Records
Oct 24, 1994
Sold
$117,100
Public Records
Jun 29, 1993
Sold
$108,000
Public Records
Jun 29, 1993
Sold
$85,000
Year
Property tax
Land + Additions
Assessment*
2025
$17,574 (−13.0%)
2024
$20,212 (+433.6%)
2022
$3,788 (+4.3%)
2021
$3,633 (+7.4%)
2020
$3,384 (+2.5%)
2019
$3,301 (+4.0%)
2018
$3,176 (+3.8%)
2017
$3,061 (+11.0%)
2016
$2,757 (+3.9%)
2015
$2,654 (+1.4%)
2014
$2,617 (+1.9%)
2013
$2,568 (+2.9%)
2012
$2,497 (+3.7%)
2011
$2,408 (+1.6%)
2010
$2,371
2009
$2,371
Tax history for 16164 Parker Rd
Year
Property tax
Land + Additions
Assessment*
2025
$17,574 (−13.0%)
2024
$20,212 (+433.6%)
2022
$3,788 (+4.3%)
2021
$3,633 (+7.4%)
2020
$3,384 (+2.5%)
2019
$3,301 (+4.0%)
2018
$3,176 (+3.8%)
2017
$3,061 (+11.0%)
2016
$2,757 (+3.9%)
2015
$2,654 (+1.4%)
2014
$2,617 (+1.9%)
2013
$2,568 (+2.9%)
2012
$2,497 (+3.7%)
2011
$2,408 (+1.6%)
2010
$2,371
2009
$2,371
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
—
Sq. Ft.
3,116
Year built
2022
Style
Single Family Residential
County
Clackamas County
APN
00229942
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
R10
Urban Low Density Residential District
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
Mar 27, 2023 • Final
Building - residential fire sprinkler/suppression
Fire sprinkler
Feb 28, 2023 • Final
Building - electrical
Electrical
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.
Property details
Exterior
Exterior Features
Existing Structures YN: Yes
Other Structures
Other Structures: Fixer, To Be Torn Down
Lot Information
Number Of Lots: 1
Land Description: Level
Lot Size Square Feet: 8,712
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size Acres: 0.2
Lot Size: 7,000 to 9,999 SqFt
Lot Features: Flag Lot
Parcel Number: 00229942
Road Frontage YN: Yes
Road Surface Type: Paved
Property Information
Property Type: Land
Property Sub Type: Single Family Residence
Property Attached YN: No
Current Use: Residential
View YN: Yes
View Description: Trees/Woods
Financial
Tax Information
Tax Year: 2023
Tax Legal Description: 509 LAKE FOREST LT 42 BLK 2
Tax Annual Amount: $7,343.18
Utilities
Utility Information
Green Certification YN: No
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Standard Septic, Water Connected
Heating & Cooling
Heating YN: No
Cooling YN: No
Location
School Information
Elementary School: River Grove
Middle Or Junior School: Lakeridge
High School: Lakeridge
Location Information
Directions: Carman Dr. then South on Parker Rd.
Unparsed Address: 16164 PARKER RD, Lake Oswego, OR 97035
Community Information
Zoning: R10
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 3,116
Stories: 1.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 2022
Year Renovated: —
County: Clackamas County
APN: 00229942
Home facts updated by county records on Sep 18, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
River Grove Elementary School
Public K-5 • Assigned • 1.4mi
9/10
Lakeridge Middle School
Public 6-8 • Assigned • 1.1mi
8/10
Lakeridge High School
Public 9-12 • Assigned • 2.3mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
3/10 Heat Factor
7 days above 92° expected this year, 13 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 • 97035
Average low and high temperatures (°F)
47
37
49
38
57
43
67
46
73
51
80
56
87
60
86
62
78
58
62
48
52
44
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.28M – $1.55M
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