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City to sell Furnace Street property

Backyard has new easement for future Willamette River trail


by: VERN UYETAKE - The city of Lake Oswego bought and will now sell this house at 455 Furnace St. after carving out an easement in the backyard, which sits on the west side of the Willamette River.The Lake Oswego City Council has agreed to sell a million-dollar home it owns on the banks of the Willamette River.

The council last week voted to sell the house at 455 Furnace St. for $1.14 million.

It bought the property last fall on a $1.19 million offer. The idea was to carve out a public pathway easement at the edge of the backyard, along the water, preserving the strip of land for a future trial linking Lake Oswego to other cities on the west side of the Willamette. The property is one of four remaining gaps in a chain that would allow a public path to connect Roehr Park on the north side to George Rogers Park in the south.

The city put the house back on the market in the spring. The easement is 20 feet wide; the eventual path would be 12 feet wide, according to the city. The 1938 remodeled Craftsman is 4,000 square feet. It sits on a roughly half-acre lot near George Rogers Park in the Old Town neighborhood. The city’s asking price was $1.17 million.

On July 2, the council voted 6-0 to sell the property with City Councilor Jon Gustafson absent.




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