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Property view

5335 SW Madrona St, 
Lakeoswego, OR 97035

$825,000


4

Beds


4

Baths


2,299

Sq Ft


Single Family

Sold

Listed by

Kathryn King

Bought with Windermere Realty Trust

Kjk Properties Pc

503-772-8825

MLS#

209732349

Source:

PORTLAND

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About This Home

5335 SW Madrona St

Rare Lake Oswego Investment Opportunity, Massive 150x130 Lot.Opportunities like this in the coveted Lake Forest neighborhood are few and far between! Situated on an expansive, beautifully treed 150x130 lot zoned R8.5, this true fixer-upper is a blank canvas boasting incredible infrastructure. The sprawling footprint features an attached salon space on one wing and a primary suite on the opposing side. Upstairs, an open room and bath are prime for a luxury owner's suite conversion. Out back, find a detached garage and an enclosed hot tub room awaiting your vision. Mechanicals & Infrastructure: Equipped for comfort and flexibility with a robust main HVAC system featuring a Heat Pump, Forced Air Gas air handler, and Central A/C. The property includes 3 gas water heaters and 2 separate gas meters (the rear meter conveniently serves the back bedroom and the spa/hot tub heating)—offering unique potential for dual living or a home business setup. Located in a gorgeous neighborhood of meandering streets zoned for premier Lake Oswego schools. Estate sale sold AS-IS. Seller states 4BD/4BA; tax records show 2BA. Seller believes the additional bathrooms were permitted, but as this is an estate, the state of permitting is unknown. Purchaser must confirm all square footage, permits, and uses to their own satisfaction. Great day to show this home!

Home Facts

Single Family

4 Baths

4 Bedrooms

Built in 1936

Price Summary

845,000

$367 per Sq. Ft.

MLS #:

209732349

Sold:

June 26, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

3

Interior

Living Area:

2,299 Sq. Ft.


Structure

Structure

Architectural Style:

2 Story, Capecod

Building Area:

2,299 Sq. Ft.

Year Built:

1936


Lot

Lot Size (Sq. Ft):

17,424


Finances & Disclosures

Finances

Price:

$845,000

Price per Sq. Ft:

$367 per Sq. Ft.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Coldwell Banker Professional Group are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: July 10, 2026