$1,100,000

Exceptional opportunity to develop a three-tax-lot portfolio in a prime SW Portland location with expansive territorial and Mt. Hood views. Tucked away in a private, peaceful, and secluded setting, yet conveniently located near I-5 and SW Capitol Hwy, this rare offering combines tranquility with excellent accessibility. The seller has completed much of the preliminary work, making these partitioned lots ready for your development plans. Lot 1 is 9,891 SF (0.23 acre), Lot 2 is 9,756 SF (0.22 acre), and Lot 3 is 11,686 SF (0.27 acre). R7 zoning allows a variety of residential development options, including detached homes, rowhouses, duplexes, triplexes, fourplexes, cottage clusters, and ADUs (buyer to verify current zoning and development requirements). The previous residence has been demolished, and the former cesspool was professionally decommissioned with permits and final approval. Approved storm and sanitary sewer connections have already been installed for all three lots. Lot 1 includes a city water lateral, and a city water main runs along the frontage of all three lots. A PGE Asset Map is available upon request. There is a gas distribution main that runs in front of all 3 lots. The fence along the rear of the property marks the required tree-protection line and does not represent the property boundary. Please refer to the recorded plat map for lot dimensions and boundaries. Property taxes shown reflect the combined total for all three lots (Lot 1: $3,459; Lot 2: $3,169; Lot 3: $3,605). For GPS directions, use 10645 SW 41st Ave, Portland, OR.