Hallinan View Property

Rare redevelopment opportunity in Lake Oswego with potential for two buildable lots. Situated on a quiet residential street the property offers strong potential for individuals or builders looking to develop in desirable Hallinan. All utilities are available. Legal Lot determination from the City of Lake Oswego is available for review.

The property sits in a slightly elevated position that captures territorial and forested views, benefiting from surrounding homes at a lower grade and creating the opportunity for future homes to enjoy a strong vantage point.

Currently located on the property is a 1925 cottage approximately 700 square feet with one bedroom and one bathroom. While the home will likely be considered a teardown by many buyers, it retains several original elements from its era including oak wood floors, vaulted tongue-and-groove ceilings in the living room, and a brick fireplace The kitchen offers excellent views and a blank slate for renovation, and the home also includes a large laundry room and a single-car garage.

The location provides convenient access to Highway 43 and downtown Lake Oswego, with nearby shops, restaurants, and recreation just minutes away. The newly constructed Lake Oswego Recreation & Aquatics Center is also located nearby, adding to the amenities of the surrounding area.

Whether exploring two new homes or a custom build opportunity, this site offers the combination of location, zoning, and views that make redevelopment projects attractive in the Lake Oswego market. Buyers should verify zoning requirements, development standards, and feasibility with the City of Lake Oswego.