Attention Builders, Developers, Investors, and Dream Home Buyers: Rare opportunity in the heart of Lake Oswego! This exceptional nearly 40,000-square-foot R-10 zoned property offers outstanding flexibility and upside. Explore the potential to partition into up to four lots, create a stunning estate-sized custom residence, or develop a residential care facility (buyer to verify all uses with the city). Nestled in one of Lake Oswego's most desirable and high-demand locations, this property combines prestige, versatility, and long-term value, making it ideal for a wide range of residential or specialty development opportunities.