$559,000

Rare development opportunity in one of Eugene's most desirable locations. The existing residence has been removed, creating an exceptional development opportunity. Previously received preliminary approval from City of Eugene for a two-lot partition into two residential lots. Approximately estimates for current would be 5,100 SF and 10,200 SF including flag access. Buyer to complete all due diligence and any required approvals to finalize the partition process. Outstanding opportunity for luxury custom home construction, builder spec homes. Buyer to verify potential for middle housing, duplex, cottage cluster, or other residential development opportunities with City of Eugene and applicable governmental agencies. Public sewer, water, electricity and other utilities are believed to be available at or near the property; buyer to verify capacity, connection requirements and costs. Convenient location with easy access to Oakway Center, shopping, schools, parks, medical facilities, and major transportation routes. A unique investment opportunity in an area where quality building sites are increasingly difficult to find.