For Sale332d on market
13501 Knaus Rd
Lake Oswego, OR, 97034 • Forest Highlands • Clackamas County
$5,500,000
-$495,000 since Feb 24, 2026
3.2 acLot
Property DNA
Scenic Views
Mountain(s) · Trees/Woods
Special Features
Existing Structures · Other
This home is getting attention
Listed 332 days ago · 277 views · 11 saves
Market activity
Demand and pricing signals for this listing
277 views
People checking out this listing
11 saves
Buyers have saved this home
332 days on market
Established listing
About this home
Lot
An increasingly rare opportunity, this 3.24-acre dividable property in Lake Oswego offers one of the last remaining large-acreage sites in one of Oregon’s most prestigious neighborhoods. Set along picturesque Knaus Road, the land provides exceptional privacy, natural beauty, and a premier address within a coveted community. Spanning multiple tax lots, the parcel offers remarkable flexibility—ideal for a private estate, a luxury multi-residence compound, or a thoughtfully planned development. The gently sloped, wooded landscape creates a serene retreat just minutes from downtown Lake Oswego, award-winning schools, boutique shopping, fine dining, parks, and recreation. Architectural plans by Green Gables Design & Restoration are included, offering a ready-to-build vision backed by one of the region’s most respected firms, or you may bring your own design team to craft a fully custom estate. Acreage of this scale and quality seldom becomes available. Refined, private, and abundant in potential.
Standout features identified
Our analysis highlights natural beauty, exceptional privacy, and gently sloped wooded landscape as key attractions of this home.
Estimated monthly payment
Based on current rates
$35,872/month
Principal & Interest$28,538
Property Tax$5,500
Insurance$1,833
Down payment20% ($1,100,000)
3%50%
Est. 6.75% rate · 30yr fixed · $4,400,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land, Single Family Residence
Parking & Outdoor
Lot3.24 Acres
Location & Tax
NeighborhoodForest Highlands
ZoningR15/R20
Annual tax$21,527
Parcel00202211
Features & details
4 categories of property features
Exterior Features
Lot Features
Private
Level
Sloped
Acres 3 to 5
Views
Mountain(s)
Trees/Woods
Utilities
Electricity Connected
Water Connected
Other Structures
Existing Structures
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market332
Tax rate0.83%
On marketApr 28, 2025
PostedApr 29, 2025
MLS statusActive
MLS updatedFeb 23, 2026
Tour days6
Views277
Favorites11
How are the schools in Lake Oswego?
3 schools rated nearby
Location
Lake Oswego, OR, 97034
Price history
4 events
DateEventPrice$/sqftSource
Feb 24, 2026Price Change$5,500,000—RMLS (OR)
Jul 20, 2025Listed For Sale$5,995,000—RMLS (OR)
Jun 27, 2025Pending Sale$5,995,000—RMLS (OR)
Apr 28, 2025Listed For Sale$5,995,000—RMLS (OR)
Price Change$5,500,000
Feb 24, 2026•RMLS (OR)
Listed For Sale$5,995,000
Jul 20, 2025•RMLS (OR)
Pending Sale$5,995,000
Jun 27, 2025•RMLS (OR)
Listed For Sale$5,995,000
Apr 28, 2025•RMLS (OR)
Nearby homes
Neighborhood details
Local context around this listing
Lake Oswego, OR • Clackamas County
Nearby neighborhoods
BryantFirst Addition-Forest HillsForest HighlandsLake ForestLake GroveMountain ParkOak CreekPalisadesRosewoodWestlake
Nearby cities
CanbyHappy ValleyLake OswegoMilwaukieOregon CitySherwoodTualatinWest Linn
Nearby zip codes
970349703597036
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-03-27 06:49:14 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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