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3 Beds
1 Bath
1,584 sqft

$499,000

3525 SE LAKE RD, Milwaukie OR, 97222

Price per sqft$315.03
Built in1912
Property size1,584 sqft
Property typeResidential
Listing Courtesy of Real Broker, Jacob Aveling. 503-753-4297

Overview

Pending

Listed Jul 29, 2026

Updated 4 weeks ago

Build your dream home on Lake Rd with the added advantage of space, flexibility, and groundwork already in place. This 28,170 SF property spans two lots, offering a rare opportunity to create a custom residence while still leaving room for future options.The existing 3 bed, 1 bath home of approximately 1,584 SF is currently on site, providing flexibility for those considering a renovation, hold strategy, or a fresh start tailored to their vision. Survey, topographical survey, and Geotech report have already been completed and are available for review, helping streamline early-stage planning and due diligence.Beyond a primary residence, the property also presents potential for multi-unit development or future partitioning, giving builders and investors additional paths to explore without taking away from its appeal as a single homesite.Well suited for those looking to build, invest, or secure land with long-term upside in a growing area. Buyer to perform own due diligence regarding development potential, zoning, and permitted uses.

$3,320/mo

Est. mortgage payment based on a $499,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
693508643

Interior Features

Bedrooms
3
Bathrooms
1
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.67 Acres

Other Property Details

Taxes
$3,544
Tax Frequency
Annually
55+/Senior Community
No
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Listing Courtesy of Real Broker, Jacob Aveling. 503-753-4297

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 Windermere Realty Trust (OR) & Compass (WA) 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 8/24/2026, 3:13 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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