Residential Land for Sale in Portland, Oregon

Rare opportunity to acquire a highly versatile development property featuring an existing home and substantial excess land. The current residence is a fixer, offering multiple possibilities including renovation, removal and replacement with a new home, or full redevelopment. Seller has already completed preliminary due diligence regarding the properties development potential. The offering consisted of four tax lots totaling 16 pre-patted 25'x100' lots with an approximate combined area of 40,000 sq.ft. Portions of the property are impacted by an environmental overlay. According t0 PBOT, no street improvements are required, although system development charges (SDC's) and LTIC fees will apply.The existing residence is situated across four lots, while one adjacent tax lot includes a 30'x40' partially cement-floored garage/workshop with existing electrical service. Potential development opportunities may include a private estate style property, traditional single-family homes construction. In addition, the seller owns four neighboring tase lots curretly7 considered unbuildable, which may be available for separate purchase to provide added wooded privacy, expanded buffer space, or future flexibility. This property presents exceptional versatility and upside potential for builders, investors, and buyers seeking to create a custom vision. Buyer's to conduct their own due diligence and verify all development possibilities and suitability for their intended use.