Overview
- 4
- 3
- 2.0
- 2958 Sqft
- 1988
- SingleFamilyResidence, Residential
- 344062704
- 1.3 Acres
- MORE Realty
- Victoria Shah
Description
Investor 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.
Details
Updated on March 7, 2026 at 8:38 am-
MLS# 344062704
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Price $1,500,000
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Property Size 2958 Sqft
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Land Area 1.3 Acres
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Bedrooms 4
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Bathrooms 3
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Car Garage 2.0
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Garage Size x x
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Year Built 1988
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Property Type SingleFamilyResidence, Residential
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Property Status Active
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Office Name MORE Realty
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Agent Name Victoria Shah
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Office Phone 503-353-6673
Additional details
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Listing Terms Cash, Conventional, Other
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Roof Shingle
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Sewer Standard Septic
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Cooling Central Air
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Heating Forced Air95Plus
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County Clackamas
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Property Type Residential
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Elementary School Sunset
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Middle School Rosemont Ridge
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High School West Linn
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Architectural Style Stories2, Colonial
Walkscore
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