$1600000
4 Bed
3 Bath
2958 SqFt
0 DOM
Built: 1988
Real Estate Agent
(503) 336-1515Investor Opportunity in West Linn! Keep existing home and 2 new parent lots.A three-lot partition has already been approved by the City of West Linn for this double frontage lot (see attached Notice of Decision with conditions).Upon completion of the partition, there is additional potential to leverage a Middle Housing Land Division, creating 5–6 new buildable lots while retaining the existing home on its own parcel. Two layout concepts (Proposal 1 and Proposal 2) are provided to illustrate possible configurations. Note: the Middle Housing Land Division application can be submitted once the three-lot partition conditions are satisfied.The existing home itself, once separated onto its own lot, has an estimated market value of approximately $900,000—providing a strong built-in asset in addition to the development potential.The seller intends to begin required improvements for the three-lot partition by mid-October. The property is currently priced as-is, before improvements. Once work is underway, pricing will be adjusted to reflect the completed infrastructure.This is a rare chance to acquire a West Linn property with approved entitlements, immediate development upside, and strong long-term value potential.
Listing Provided Courtesy of Victoria Shah, MORE Realty
344062704
SingleFamilyResidence
0 DOM
4
1.3 acres
3
2958
1988
R10
Clackamas
00384738
Sunset
Rosemont Ridge
West Linn
Residential
SingleFamilyResidence
206 SHAN AC TR PT L34 PT LT 34
Listing Provided Courtesy of Victoria Shah, MORE Realty
Mohan Realty Group data last checked: Sep 19, 2025 20:45 | Listing last modified Sep 19, 2025 14:34,
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