Development/Adult Care Facility Opportunity

1.15 Acres of Residential Land Offered at $849,900 USD in Beaverton, OR 97007

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $849,900

Property Type
Land

Listing Contacts

Tyler Horst
Tyler Horst
Verified Profile
  • Property Info

Property Overview

Well maintained home nestled on 1 acre of private green space right next to Progress Ridge in the heart of Bull Mountain! This unique opportunity provides many versatile options for utilizing this property. Move into the home and enjoy the tranquil, private wilderness setting but still remain close-in to all of Beaverton's amenities, take advantage of this property's myriad of options for development or utilize a combination of both! Zoned RMA per the City of Beaverton, this property is also zoned for higher density development. Potential to divide property into 3 separate tax lots while keeping existing house with a 3-lot minor partition and build up to 4 multifamily units on both sides of the existing house for a total of 3 buildings or remove the house and build up to 11 townhomes as a subdivision. There's also potential for building adult care facilities on both sides of the exiting home and running an adult care business while taking advantage of the high exposure along Barrows Rd. Pre-App with City, proposed plat & wetland delineation has been completed. Pre-app notes, proposes plat, wetland delineation documentation & developer packet available upon request. Lots of development options through new Middle Housing code. Opportunity to hire land use planner who completed Pre-App with City & proposed plat if interested in exploring development potential further and continuing land use process with City of Beaverton. Last 1 acre parcel on Barrows Rd and feeds into Mountainside HS! Move into this country setting and enjoy the view of the Bull Mountain seasonal creek right from your window. This property also offers mature trees, fruit trees, chicken coop, a garden shed with power, plenty of RV parking, firepit area, public water, newer exterior paint/gutters and plenty of room for gardening. Inside the home you'll find hardwood floors, newer DEQ certified wood stove, primary suite with walk-in closet and soaking tub & newer mini split/heat pump system with heating & AC. This home also offers an updated electrical panel, newer insulation & vapor barrier in crawlspace and 220v outlet in garage for all your electric car needs. Check out this beautiful property!

Property Details

Property Subtype
Residential/Multifamily

Highlights

  • Potential to divide property into 3 separate tax lots utilizing 3-lot minor partition while keeping existing house.
  • Build up to 4 multifamily units on both sides of the existing house for a total of 3 buildings or remove the house and build up to 11 townhomes.
  • Potential for building adult care facilities on both sides of the exiting home and running an adult care business along Barrows Rd.
  • Pre-App with City, proposed plat & wetland delineation has been completed. Pre-app notes & developer packet available upon request.
  • Lots of development options through new Middle Housing code.
  • Well maintained home on property making this easily financeable!

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