There is a rather magic area in Lake Oswego, Sunny Slope. It is relatively unknown to most because there are very few houses and very little traffic. It is about half a mile from Westridge Elementary School and tucked onto the South side of Cook Butte. Technically it is not in the city of Lake Oswego’s city limits. It is actually unincorporated Clackamas County, but it has a Lake Oswego address and Lake Oswego schools.
Lot 10 Sunny Slope is currently for sale. It has 3.27 gently sloping acres and is offered for $489,900. The property is served by a community well and has electricity at the street. To build a home a septic system will need to be installed. The road is paved and the terrain is beautifully forested. It is outside of the urban growth boundary and is not dividable. Surrounding homes are multi-million dollar properties of estate quality. To enjoy a video, drone tour, please click here.
As a Realtor in Lake Oswego I see builders buying existing homes, on much smaller lots, paying $400,000 or even more, tearing those houses down, and building beautiful new homes. Think about that. For pretty much the same land cost, a new home can be built on over 3 acres. Lot 10 in Sunny Slope just strikes me as a tremendous value and opportunity.
To see it, drive up Westview, turn right on Hillshire and follow it up and continue when it becomes Rivendell, turn right on Barton and then left on Hill Top Rd. The lot is almost at the end of Hill Top. You’ll see my for sale sign. The boundary of the lot is marked with bright orange survey tape tied onto trees. A new home built here will have a Hill Top Rd address so you can also use that in your GPS.
While the lot is currently forested, there are likely views that can be opened up to the East, the South, and the West.
Please contact me if you have any further questions. I can easily be reached at 503-803-6298 or diannegregoire@oregonfirst.com
Best regards,
Dianne