An increasingly rare opportunity, this 3.24-acre dividable property in Lake Oswego offers one of the last remaining large-acreage sites in one of Oregon’s most prestigious neighborhoods. Set along picturesque Knaus Road, the land provides exceptional privacy, natural beauty, and a premier address within a coveted community. Spanning multiple tax lots, the parcel offers remarkable flexibility—ideal for a private estate, a luxury multi-residence compound, or a thoughtfully planned development. The gently sloped, wooded landscape creates a serene retreat just minutes from downtown Lake Oswego, award-winning schools, boutique shopping, fine dining, parks, and recreation. Architectural plans by Green Gables Design & Restoration are included, offering a ready-to-build vision backed by one of the region’s most respected firms, or you may bring your own design team to craft a fully custom estate. Acreage of this scale and quality seldom becomes available. Refined, private, and abundant in potential.
Active
Price cut: $495K (2/24)
$5,500,000
13501 Knaus Rd, Lake Oswego, OR 97034
--beds
0baths
3.24Acres
Unimproved Land, Single Family Residence
Built in ----
3.24 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Natural beautyExceptional privacyGently sloped wooded landscape
- 327 days |
- 266 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: February 23, 2026 at 08:11am
Listed by:
Macey Laurick 503-730-4576,
Windermere Realty Trust
Source: RMLS (OR),MLS#: 603017664
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Mountain(s), Trees/Woods
Lot
- Size: 3.24 Acres
- Features: Private, Level, Sloped, Acres 3 to 5
Details
- Additional structures: Existing Structures, Other
- Additional parcels included: 00202202
- Parcel number: 00202211
- Zoning: R15/R20
Utilities & green energy
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lake Oswego
Financial & listing details
- Annual tax amount: $21,527
- Date on market: 4/28/2025
- Listing terms: Call Listing Agent,Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Price change | $5,500,000-8.3% |
Source: | ||
| 7/20/2025 | Listed for sale | $5,995,000 |
Source: | ||
| 6/27/2025 | Pending sale | $5,995,000 |
Source: | ||
| 4/28/2025 | Listed for sale | $5,995,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: Forest Highlands
Nearby schools
GreatSchools rating
- 8/10Forest Hills Elementary SchoolGrades: K-5Distance: 0.8 mi
- 6/10Lake Oswego Junior High SchoolGrades: 6-8Distance: 0.5 mi
- 10/10Lake Oswego Senior High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Forest Hills
- Middle: Lake Oswego
- High: Lake Oswego
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 97034
- Oregon
- Clackamas County
- Lake Oswego
- 97034
- Forest Highlands
- 13501 Knaus Rd






