LAKE FOREST Land for Sale

Welcome to Lake Forest, a picturesque subdivision nestled in the heart of Lake Oswego, Oregon, within the scenic Clackamas County. This charming community is known for its tranquil atmosphere, lush landscapes, and beautiful water features, making it an ideal place for those seeking a peaceful retreat while still enjoying the conveniences of urban living.

Lake Forest offers a variety of land for sale, perfect for those looking to build their dream home in a serene environment. The available parcels are generously sized, providing ample space for custom designs, gardens, or outdoor recreational areas. Imagine waking up to the gentle sounds of nature, with stunning views of the surrounding trees and nearby lakes.

Residents of Lake Forest enjoy easy access to an array of amenities, including parks, hiking trails, and local shops. The area is renowned for its excellent schools and vibrant community spirit, making it a perfect choice for families and individuals alike. Lake Oswego is celebrated for its rich history, arts scene, and community events, ensuring there’s always something to do.

With its ideal location just a short drive from downtown Portland, Lake Forest combines the best of both worlds: the tranquility of suburban living and the excitement of city life. Whether you’re looking to invest in land for future development or seeking a serene spot to establish your forever home, Lake Forest is a gem waiting to be discovered. Don’t miss this opportunity to become part of a thriving community where nature and lifestyle harmoniously coexist!

Newest LAKE FOREST Land for Sale

$975,000

332426111 MLS

A rare opportunity in one of Lake Oswego’s most established neighborhoods. This sprawling 0.388-acre R-7.5 zoned parcel offers the size, privacy, and premier location builders and end-users covet, surrounded by mature trees and newer custom homes that signal where this street is headed. Potential to partition. Value is in the land.Tucked along quiet, winding streets, yet minutes to everything that makes Lake Oswego special. A short stroll to Zupan’s Markets, West Waluga Park, and the vibrant Lake Grove dining and shopping scene. Easy I-5 access for the Portland commute.A modest 1935 cottage currently sits on the lot. Tenant occupied. Showings upon accepted offer. Sold strictly AS-IS for land value. No repairs. Purchaser must confirm all square footage, lot size, zoning, partition feasibility, utilities, permits, and uses to their own satisfaction.Lots like this in Lake Forest don’t come along often.

16286 WALUGA DR, Lake Oswego

$799,900

24010558 MLS

Welcome to a rare opportunity to own a sprawling 16,000+ sqft level corner lot that perfectly balances privacy with prime Lake Oswego location. Surrounded by mature trees, this serene property offers a peaceful retreat while being just a short walk from Zupan’s, trendy dining spots like Jefe, La Provence, and Babica Hen, charming coffee shops, and the scenic West Waluga Park. Enjoy the added benefit of 3 lake easements granting access to the coveted Oswego Lake, enhancing your lifestyle with recreational possibilities. Whether you envision building your dream home on this spacious lot or exploring the potential to subdivide for multiple homes, you'll be in excellent company with neighboring luxury residences. Don’t miss this exceptional chance to create your ideal living space in one of the area's most desirable locations!

16061 WALUGA DR, Lake Oswego

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.