Exceptional Custom Home Opportunity with Lake Views & Easement Rights. A rare opportunity to create a distinctive custom home in one of Lake Oswego’s most coveted settings. This private .32-acre homesite offers a tranquil, park-like backdrop with peek-a-boo views of Lake Oswego and an elevated position just off street level—providing privacy while maintaining convenient driveway access. The property is thoughtfully positioned for development, with all corners marked, utilities available from both Westview Drive and South Shore Blvd, and stakes outlining the buildable footprint visible from the private driveway entrance. Enjoy coveted Lake Oswego easement rights with access to Maple Circle, Alder Point Club, Blue Heron, and Lakeview Recreation Club, offering opportunities for boat slips, kayak and paddleboard storage, swimming, and year-round lake recreation. Ideally located near highly regarded Lake Oswego schools, parks, shopping, dining, and downtown amenities, this property offers an exceptional combination of privacy, natural beauty, lake lifestyle, and custom-home potential. MLS #556564395 features a proposed Frank Lloyd Wright-inspired residence designed to showcase the unique setting, architecture, and views while helping buyers envision what is possible on this special homesite. Buyer to perform their own due diligence regarding development, utilities, easement rights, and proposed improvements.

Listing courtesy of Tracy Peterson of Better Homes & Gardens Realty (503) 726-9929



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Better Homes & Gardens Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-09-14 12:17 AM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified