5335 SW MADRONA ST, Lake Oswego, OR 97035

  • $845,000

Overview

  • 4
    Bedrooms
  • 4
    Bathrooms
  • 1.0
    Car Garage
  • 2299 Sqft
    Property Size
  • 1936
    Year Built
  • SingleFamilyResidence, Residential
    Property Type
  • 209732349
    MLS#
  • 0.4 Acres
    Land Area
  • KJK Properties PC
    Office Name
  • Kathryn King
    Agent Name

Description

Rare Lake Oswego Investment Opportunity, Massive 150×130 Lot.Opportunities like this in the coveted Lake Forest neighborhood are few and far between! Situated on an expansive, beautifully treed 150×130 lot zoned R8.5, this true fixer-upper is a blank canvas boasting incredible infrastructure. The sprawling footprint features an attached salon space on one wing and a primary suite on the opposing side. Upstairs, an open room and bath are prime for a luxury owner’s suite conversion. Out back, find a detached garage and an enclosed hot tub room awaiting your vision. Mechanicals & Infrastructure: Equipped for comfort and flexibility with a robust main HVAC system featuring a Heat Pump, Forced Air Gas air handler, and Central A/C. The property includes 3 gas water heaters and 2 separate gas meters (the rear meter conveniently serves the back bedroom and the spa/hot tub heating)—offering unique potential for dual living or a home business setup. Located in a gorgeous neighborhood of meandering streets zoned for premier Lake Oswego schools. Estate sale sold AS-IS. Seller states 4BD/4BA; tax records show 2BA. Seller believes the additional bathrooms were permitted, but as this is an estate, the state of permitting is unknown. Purchaser must confirm all square footage, permits, and uses to their own satisfaction. Great day to show this home!

Details

Updated on May 22, 2026 at 2:03 pm
  • MLS# 209732349
  • Price $845,000
  • Property Size 2299 Sqft
  • Land Area 0.4 Acres
  • Bedrooms 4
  • Bathrooms 4
  • Car Garage 1.0
  • Garage Size x x
  • Year Built 1936
  • Property Type SingleFamilyResidence, Residential
  • Property Status Active
  • Office Name KJK Properties PC
  • Agent Name Kathryn King
  • Office Phone 503-772-8825

Additional details

  • Listing Terms Cash
  • Roof Composition
  • Sewer Septic Tank
  • Cooling Central Air
  • Heating Forced Air, Heat Pump
  • County Clackamas
  • Property Type Residential
  • Parking Driveway
  • Elementary School Lake Grove
  • Middle School Lake Oswego
  • High School Lake Oswego
  • Architectural Style Stories2, Capecod

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