Calling all builders! Dividable 0.86 acre flat lot bordering East Waluga Park in lovely Lake Forest. Zoned R7.5 and about 39,600 sq ft; rear portion of lot is riparian habitat. City says divide into 3 large lots. $2M homes nearby. Middle housing possibilities: townhomes, cottages, or multifamily. Surrounded with green space but close to urban essentials like Zupans, La Provence, Mercato Grove, Kruse Village, Babica Hen, West Waluga Park, etc. Existing structure is a heavy fixer.
*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
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.86 Acres
Year renovated
—
Sq. Ft.
4,415
Year built
2024
Style
Single Family Residential
County
Clackamas County
APN
00233027
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
R-7.5
Residential-Low Density Zone
To provide lands for single-family residential development with densities ranging from 2 to 5 dwelling units per gross acre, and to provide lands for middle housing development.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Communications tower
Housing-Mobile home park
Oct 15, 2024 • Final
Residential electrical
Install temporary electrical power for a new single-family home.
Electrical
Feb 2, 2023 • Final
Residential plumbing
Install a new water line by directionally boring into the home. Route the line to an accessible valve and reconnect it to the existing piping distribution system.
Plumbing
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
Interior
Virtual Tour Information
Virtual Tour Type: Other
Has Virtual Tour Unbranded: Yes
Exterior
Exterior Features
Existing Structures YN: Yes
Other Structures
Other Structures: Residence
Lot Information
Land Description: Level
Lot Size Square Feet: 37,461
Lot Size Range: 20,000 SqFt to .99 Acres
Lot Size Dimensions: 300ft x 132ft
Lot Size Acres: 0.86
Lot Size: 20,000 SqFt to .99 Acres
Lot Features: Trees, Wooded
Parcel Number: 00233027
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: Park/Greenbelt, Trees/Woods
Financial
Tax Information
Tax Year: 2023
Tax Legal Description: 433 BRYANT ACRES LT 134
Tax Annual Amount: $6,623.78
Lease / Rent Information
Land Lease YN: Yes
Land Lease Expiration Date: Friday, May 31, 2024
Utilities
Utility Information
Green Certification YN: No
Utilities: Electricity Connected, Sewer Connected, Water Connected
Heating & Cooling
Heating YN: No
Cooling YN: No
Location
School Information
Elementary School: Lake Grove
Middle Or Junior School: Lake Oswego
High School: Lake Oswego
Location Information
Directions: Waluga Dr to E on Oakridge or Boones Ferry to W on Oakridge
Unparsed Address: 4735 OAKRIDGE RD, Lake Oswego, OR 97035
Community Information
Zoning: R7.5
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 4,415
Stories: 1.0
Lot Size: 0.86 acres
Style: Single Family Residential
Year Built: 2024
Year Renovated: —
County: Clackamas County
APN: 00233027
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
Lake Grove Elementary School
Public K-5 • Assigned • 0.7mi
8/10
Lake Oswego Junior High School
Public 6-8 • Assigned • 1.4mi
8/10
Lake Oswego Senior High School
Public 9-12 • Assigned • 1.5mi
10/10
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
$1.20M – $1.45M
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