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Listed by The Agency Portland
$ 1,399,999
Est. payment /mo
New
1335 NW 128TH AVE #LOT 1 Portland, OR 97229
0.93 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Terra Linda
MLS Listing ID 667896291
HOA Y/N No
Annual Tax Amount $10,015
Lot Size 0.930 Acres
Property Sub-Type Single Family Residence
Property Description
A rare development opportunity in the heart of Terra Linda! Centrally located in Cedar Mill, this expansive R-5 property offers incredible potential in one of the area's most established neighborhoods. Seller's recent survey illustrates the possibility of retaining the existing home, detached garage and pool while creating up to four additional homesites, offering a unique opportunity for a builder, developer or buyer looking to maximize the property's potential. The property currently includes an existing residence, detached one-bedroom/one-bath ADU, detached garage, large shop, pool and gazebo. Washington County's R-5 designation is intended for residential development and generally allows a density of four to five units per acre, with additional possibilities for qualifying middle housing development. Buyer to perform all due diligence regarding zoning, land division, density, utilities, access and development feasibility. Located in the heart of Terra Linda with easy access to parks, schools, coffee shops, restaurants and everything Cedar Mill has to offer. Opportunities for a property of this size and development potential in such an established Westside location are incredibly hard to find. Please do not walk the property without an appointment.
Location
State OR
County Washington
Area _149
Zoning R5
Exterior
Utilities Available ElectricityAvailable, NaturalGasAvailable, PublicSewer, WaterAvailable, WaterConnected
Garage No
Schools
Elementary Schools Terra Linda
Middle Schools Tumwater
High Schools Sunset
Others
Acceptable Financing Cash
Listing Terms Cash
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