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Listed by Keller Williams Realty Portland Premiere • 503-341-3266
$380,000
Est. payment /mo
0.48 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Subdivision River Forest
MLS Listing ID 759054891
HOA Y/N No
Annual Tax Amount $1,601
Tax Year 2025
Lot Size 0.480 Acres
Property Sub-Type Single Family Residence
Property Description
(Sign will be up soon! Lot is located directly to the left of 15323 SE Fairoaks Avenue ) A rare opportunity to build your dream home or capitalize on exceptional development potential. Set among established homes in a desirable Milwaukie neighborhood, this exceptional 0.47-acre parcel combines the charm of an established neighborhood with the flexibility to bring your vision to life. Whether your vision is a custom home designed to reflect your lifestyle or a well-planned development investment, this property offers exceptional flexibility in a highly desirable location. Enjoy frontage and access from both SE Thornton Drive and SE Fair Oaks Avenue, offering added flexibility for site planning, design, and future access. Just minutes from the Willamette River, parks, shopping, dining, and major commuter routes, the location provides an ideal balance of neighborhood charm and everyday convenience.Zoned R-10 and located within the Metro Urban Growth Boundary, according to information provided by Clackamas County Planning, the property is also subject to the MD-1 (Middle Development 1) overlay, adopted through recent housing code updates intended to expand housing opportunities. Potential development options may include townhomes, cottage clusters, duplexes, triplexes, quadplexes, multifamily housing, and other middle housing types. Properties offering this combination of location, flexibility, and long-term potential are becoming increasingly difficult to find. Buyer to perform all due diligence regarding zoning, permitted uses, utility availability, development standards, lot yield, and development feasibility.
Location
State OR
County Clackamas
Area _145
Zoning RMD
Exterior
Utilities Available CableAvailable, ElectricityAvailable, PhoneAvailable, PublicSewer, PublicWater500FeetPlus, WaterAvailable
View Territorial, Trees Woods
Garage No
Building
Lot Description Public Road, Trees
Schools
Elementary Schools Oak Grove
Middle Schools Alder Creek
High Schools Putnam
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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Nearby Locations
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