Nestled on a rare oversized parcel near Tryon Creek Park, this property offers an exceptional combination of privacy, flexible spaces, and a main-floor bedroom and bathroom—features that are increasingly difficult to find. Large homesites of this caliber are becoming exceedingly scarce, creating a unique opportunity for those who value room to grow, entertain, or simply enjoy a park-like setting. Thoughtfully designed with passive solar principles, the home is filled with abundant natural light throughout the year. Expansive windows, soaring ceilings, generous sightlines, and bright, open living spaces create a warm, inviting atmosphere while fostering a seamless connection to the surrounding landscape. The main-level features heated floors for exceptional comfort and energy efficiency, further enhancing the home's timeless appeal. Located on desirable Clara Lane, you'll enjoy the ideal balance of peaceful seclusion and everyday convenience, just minutes from Kruse Way, downtown Lake Oswego, and Portland. With the possibility to access Lake Oswego's highly regarded schools, this is a rare opportunity to invest in a truly exceptional property that will be treasured by all generations. First time on the market in 40+ years.
Active
Price cut: $29K (7/10)
$869,000
12395 SW Clara Ln, Lake Oswego, OR 97035
4beds
3,170sqft
Residential, Single Family Residence
Built in 1984
0.61 Acres Lot
$855,700 Zestimate®
$274/sqft
$-- HOA
What's special
Bright open living spacesPark-like settingPassive solar principlesFlexible spacesSoaring ceilingsExpansive windowsMain-floor bedroom and bathroom
- 116 days
- 1,140
- 99
Zillow last checked:
Listing updated:
Listed by:
Nathan Neubauer 503-929-3782,
Where, Inc
Source: RMLS (OR),MLS#: 782254290
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Laundry, Bedroom 4, EatingArea, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Suite
- Level: Upper
- Area: 195
- Dimensions: 15 x 13
Bedroom 2
- Level: Main
- Area: 234
- Dimensions: 18 x 13
Bedroom 3
- Level: Main
- Area: 196
- Dimensions: 14 x 14
Bedroom 4
- Level: Main
- Area: 126
- Dimensions: 14 x 9
Dining room
- Features: Formal, Vaulted Ceiling, Vinyl Floor
- Level: Upper
- Area: 204
- Dimensions: 17 x 12
Family room
- Level: Upper
- Area: 195
- Dimensions: 15 x 13
Kitchen
- Level: Upper
- Area: 195
- Width: 15
Living room
- Level: Upper
- Area: 285
- Dimensions: 19 x 15
Heating
- Forced Air 95 Plus, Passive Solar
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Plumbed For Ice Maker, Stainless Steel Appliance(s), Gas Water Heater, Tankless Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Vaulted Ceiling(s), Formal, Suite, Granite
- Flooring: Heated Tile, Luxury Vinyl Plank, Tile, Vinyl
- Windows: Double Pane Windows, Vinyl Frames
- Basement: None
Interior area
- Total structure area: 3,170
- Total interior livable area: 3,170 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, RV Boat Storage, Garage Door Opener, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Accessibility
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Yard
- Fencing: Fenced
Lot
- Size: 0.61 Acres
- Features: Gentle Sloping, Private, Terraced, Sprinkler, SqFt 20000 to Acres1
Details
- Additional structures: RVBoatStorage
- Parcel number: R331614
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom Style
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1984
Utilities & green energy
- Gas: Gas
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $753,010
- Annual tax amount: $11,196
- Date on market: 5/14/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete, Paved
Estimated market value
$855,700
$813,000 - $898,000
$5,153/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Price change | $869,000-3.2%$274/sqft |
Source:  RMLS (OR) #782254290 Report a problem | ||
| 6/11/2026 | Price change | $898,000-1%$283/sqft |
Source: RMLS (OR) #782254290 Report a problem | ||
| 5/14/2026 | Listed for sale | $907,000$286/sqft |
Source: RMLS (OR) #782254290 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,197 +3.7% | $415,930 +3% |
| 2024 | $10,794 +4% | $403,820 +3% |
| 2023 | $10,379 +2.2% | $392,060 +3% |
| 2022 | $10,155 +1.7% | $380,650 +3% |
| 2021 | $9,983 +9% | $369,570 +3% |
| 2020 | $9,158 +3.8% | $358,810 +3% |
| 2019 | $8,821 | $348,360 +3% |
| 2018 | $8,821 +3% | $338,220 +3% |
| 2017 | $8,561 +14% | $328,370 +3% |
| 2016 | $7,509 | $318,810 +3% |
| 2015 | $7,509 +3.2% | $309,530 +3% |
| 2014 | $7,278 +25% | $300,520 +3% |
| 2013 | $5,822 +12.2% | $291,770 +3% |
| 2012 | $5,190 -5.2% | $283,280 +3% |
| 2011 | $5,473 -4.5% | $275,030 +3% |
| 2010 | $5,729 +1.4% | $267,020 +3% |
| 2009 | $5,648 +5.9% | $259,250 +3% |
| 2008 | $5,332 +0.2% | $251,700 +3% |
| 2007 | $5,321 +11.4% | $244,370 +3% |
| 2006 | $4,778 +4.7% | $237,260 +3% |
| 2005 | $4,561 -8.4% | $230,350 +3% |
| 2004 | $4,978 +4.3% | $223,650 +3% |
| 2003 | $4,771 +6.7% | $217,140 +3% |
| 2002 | $4,471 +8% | $210,820 +6.1% |
| 2000 | $4,138 +6.9% | $198,720 +3% |
| 1999 | $3,871 | $192,940 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Arnold Creek
Nearby schools
Schools provided by the listing agent
- Elementary: Stephenson
- Middle: Jackson
- High: Ida B Wells
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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