12295 SW BOONES FERRY RD, Portland, OR 97219

$1,300,000

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List Price
$1,300,000
Days on Market
0
MLS#
713760061
Property Type
Land
Lot Size
1 to 2.99 Acres
Region
Portland NW/ SW/ S, Raleigh Hills
Status
ACTIVE

Property Description

Calling all developers, builders & investors! Rare opportunity to buy a prime 1.8 acre property, zoned R10, with loads of potential, conveniently situated on Boones Ferry Rd. Near shopping, downtown Lake Oswego, Tryon Creek, Lewis & Clark, OHSU, I-5, Hwy 217, downtown Portland, and on the TriMet #38 busline. When walking the property, which was once part of a farm, you would never guess how close you are to the city and services. This is a stellar location for high-end townhomes, condos, rowhouses, courtyard community, or maybe just one fabulous estate. Buyer to confirm with city that up to 16 units can be built under Planned Development standards. Value is in the lot, home is a fixer, with water, electric and septic. A sewer line was installed for the adjacent newer development on SW 18th, (buyer to verify ability to connect to the line.) There are plenty of trees that border the lot for privacy from the road and neighbors. Currently, there is a barn with 3 bays for equipment/cars, attached to a small studio space, as well as a workshop close by. Workshop has electric running to it. The home has a dirt floor basement/crawlspace that houses a 30-foot well that is not currently being used. Buyer to do all their due diligence. Property shown by appointment only, Seller is still using some of the structures. Do not drive onto property without an appointment. Will go live on Sept 10.

Additional Information

Tax Amount
$10,050
High School
Ida B Wells
Elementary School
Stephenson
Middle School
Jackson
Acres
1.80
Subdivision
ENGLEWOOD
Property Type
Single Family Residence
Terms
Cash, Rehab
View
Seasonal, Territorial, Trees/Woods
Utilities Included
Electricity Connected, Natural Gas Connected, See Remarks, Septic Tank, Water Connected, Well
Number Of Lots Total
1
Present Use
Residential
Road Surface
Concrete, Paved

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Calculator source: Real Geeks

Listing courtesy of Windermere Realty Trust.

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