5335 SW Madrona St, Lake Oswego, OR 97035 | MLS ID 209732349

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$845,000

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Rare Lake Oswego Investment Opportunity, Massive 150x130 Lot.Opportunities like this in the coveted Lake Forest neighborhood are few and far between! Situated on an expansive, beautifully treed 150x130 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.

Information

Address:
<map>

5335 SW Madrona St
Lake Oswego, OR 97035

Bedrooms: 4

Bathrooms: 3 full 1 partial

Square Feet: 2299

Type: 2 Story, Capecod

Area/School Dist: Lake Oswego West Linn

MLS ID: 209732349

Status: Active

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Features

Garage: 1
Taxes: $6,384
Roof Type: Composition
Exterior: Aluminum
Parking Notes: Detached, Driveway
Lot Size: 0.40 Acres
Lot Dimensions: 150x130
Heating: Forced Air, Heat Pump
Fuel Type: Gas
Cooling: Central Air
Year Built: 1936
Water: Public Water
Sewer: Septic Tank
Stories: 2.0
Accessibility: Main Floor Bedroom w-Bath, Minimal Steps
Basement: Crawl Space
Bathroom Description: 2.1 (Main), 1.0 (Upper)
Exterior: Fire Pit
Hot Water Description: Gas
Interior: Tile Floor, Wall to Wall Carpet
Lot Description: Level
Square Footage Description: 2299 (Main)

School Information

High School: Lake Oswego
Middle School: Lake Oswego
Elementary School: Lake Grove

Mortgage Information

Agency/Agent Information

Shown By:
  Agency Name: DAT Real Estate Solutions
  Agency Phone: 503-400-7995

Listed By
   KJK Properties PC
  Agency Phone: 503-772-8825

DAT Real Estate Solutions
4660 Portland Road, Suite 103 | Salem, Oregon 97305
503.400.7995

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