Situated on the north face of Lake Oswego, this potentially dividable .66-acre property captures breathtaking views of the lake and offers a truly rare opportunity in one of the city's most desirable locations. The existing home requires significant renovation, making this a prime opportunity for redevelopment. The property is potentially sub-dividable - ideal for developers, investors, or those ready to create a one-of-a-kind estate. Comes with three lake easements and just a short distance from award- winning restaurants and boutique shopping, this setting combines unmatched views with everyday convenience. Whether you're envisioning a private luxury residence or exploring multi-home potential, this property delivers exceptional value in both land and location. Development buyers should check with the City of Lake Oswego for more information about sub-dividing.