$1,600,000

1470 ROSEMONT Rd, West Linn, OR 97068

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon1.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 days ago

Property 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.

Listing Status:
Active
Date Added:
September 19, 2025 at 05:00AM
Listing Office:
MORE Realty : 503-353-6673
Listing Agent:
Victoria Shah : 503-962-9653
MLS ID:
233337015
  • General: ResidenceShed

This listing courtesy of Victoria Shah, MORE Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sunset Primary School

2351 Oxford St, West Linn, OR, 97068

Grades PK-5

0.56 miles away

R

Rosemont Ridge Middle School

20001 Salamo Rd, West Linn, OR, 97068

Grades 6-8

0.65 miles away

W

West Linn High School

5464 W A St, West Linn, OR, 97068

Grades 9-12

0.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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