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Light Fixer-Upper with Canal Access to Oswego Lake – A Prime Investment Opportunity This charming mid-century ranch home offers a unique chance to own waterfront property with direct canal access to Oswego Lake, providing the perfect summer retreat or investment opportunity. Located in the highly desirable Blue Heron neighborhood, this home gives you access to all the benefits of lakefront living, making it ideal for enjoying water sports, fishing, or simply relaxing by the water. Whether you’re an investor, flipper, or someone looking to create a summer home, this light fixer-upper has strong long-term investment potential. Recent updates include a new roof, new appliances, and fresh paint, giving you a solid foundation for further renovations or enhancements. The spacious single-level layout includes three bedrooms and offers plenty of possibilities to modernize and customize the home to your style. Enjoy peaceful living on the canal with easy access to all that Oswego Lake has to offer, from boating and water sports to summer concerts and fireworks. Take advantage of this rare opportunity to own private lake access at an affordable price point—whether for individual use or as a partnership with family or friends. The location is unbeatable, just 10 minutes from downtown Lake Oswego, known for its vibrant community, farmer’s market, restaurants, and boutique shopping. Close to top-rated Lake Oswego schools and nearby parks, this property provides both a peaceful retreat and convenient access to the best of the area. This property is perfect for those looking for an entry-level opportunity to experience the Lake Oswego lifestyle while building equity. Don’t miss out on this investment opportunity to own a waterfront property with incredible potential for the future.
This listing courtesy of:
LUXE Forbes Global Properties, Terry Sprague
Your BAH amount is for the military housing area.
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$--- Est. Payment - $--- BAH = $--- Remaining
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26.88% of housing units are renter occupied.
5.99% are vacant.
The median travel time to work is 12 minutes.
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.