Two adjacent Clackamas County tax lots, totaling approximately 1.5 acres, offered together, on Knaus Road in Lake Oswego's Forest Highlands neighborhood. Surrounded by estate properties, this property enjoys proximity to Oswego Lake Country Club and LO High School with convenient access to the vibrant shopping, dining, and professional services in both the downtown and Lake Grove areas. - - - Properties in the area are a mix of those in unincorporated Clackamas County and those annexed into the City of Lake Oswego. This property has not been annexed into the city; interested parties are encouraged to perform their own independent investigation with the county and/or the City of Lake Oswego to understand the current permitted use and potential development possibilities. - - - Tax Lot No. 400 is approx. 0.61 acre, fronts Knaus Road and contains a boarded-up, one-level home circa 1954, in poor condition (in need of extensive renovation; probable tear-down). Adjoining Tax Lot No. 500 is approx. 0.89 acre. Property lines in photos are approximate.