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Denny Osborn, Broker
REALTOR®, ABR, e-PRO, RSPS
(541) 771-1578
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3525 SE Lake Rd, Milwaukie, OR 97222

$499,000

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Property Description

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.

3525 SE Lake Rd | MLS# 693508643

This single family home located at 3525 SE Lake Rd, Milwaukie, OR 97222 is currently listed for sale with an asking price of $499,000. This property was built in 1912 and has 3 bedrooms and 1 full baths with 1584 sq. ft. Search Milwaukie real estate on dennyosborn.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Fuel Type: Electricity
Heating: Baseboard
Home Style: 1 Story
Lot Size: 0.67 Acres
Stories: 1.0
Taxes: $3,544
Year Built: 1912
Square Feet: 1,584

Feature Descriptions

Bathroom: 1.0 (Main)
Days on Site: 2
Exterior: Wood Siding
Lot: Sloped
Sewer: Public Sewer
Square Footage: 1584 (Main)
Water: Public Water

Local Schools

High School: Milwaukie
Middle School: Rowe
Elementary School: Milwaukie

Listed By / Shown By

Listed By

Agency Name: Real Broker
Agency Contact: 503-753-4297

Shown By

Agent Name: Denny Osborn, Broker
Agent Phone: (541) 771-1578
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 2,964.09 per month $2,523.22 Principal & Interest $295.33 Property Tax $145.54 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/01/2026. The listing information on this page last changed on 08/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 08/01/2026 12:11:22 AM EST) or RMLS (last updated Fri 07/31/2026 2:43:17 AM EST) or COAR/MLSCO (last updated Sat 08/01/2026 12:01:24 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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