5335 SW MADRONA ST, Lake Oswego, OR 97035
- $825,000
- 4
- BD
- 3
- BA
- 2,299
- SqFt
- Sold Price
- $825,000
- List Price
- $845,000
- Closing Date
- Jun 26, 2026
- Days on Market
- 40
- Status
- SOLD
- MLS#
- 209732349
- Bedrooms
- 4
- Bathrooms
- 3
- Partial Bathrooms
- 1
- Living Area
- 2,299
- Lot Size
- 15, 000 to 19, 999 SqFt
- Region
- Lake Oswego, West Linn
Property Description
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. Great day to show this home!
Additional Information
- Tax Amount
- $6,383
- Year Built
- 1936
- High School
- Lake Oswego
- Elementary School
- Lake Grove
- Middle School
- Lake Oswego
- Garage Spaces
- 1
- Garage Type
- Detached
- Acres
- 0.40
- Living Area
- 2,299
- Stories
- 2
- Property Type
- Single Family Residence
- Lot Size Dimension
- 150x130
- Terms
- Cash
- Accessibility Features
- Main Floor Bedroom w/Bath, Minimal Steps
- Master Bedroom Level
- Main
- Cooling Description
- Central Air
- Fuel Description
- Gas
- Heating Description
- Forced Air, Heat Pump
- Hot Water Description
- Gas
- Exterior Description
- Aluminum
- Roof Type
- Composition
- Sewer Description
- Septic Tank
- Style
- 2 Story, Capecod
- Parking
- Driveway
- Parking Description
- Driveway
- Road Surface
- Paved
- Exterior Features
- Fire Pit
- Interior Features
- Tile Floor, Wall to Wall Carpet
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Listing courtesy of KJK Properties PC. Selling Office: Windermere Realty Trust.
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