Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: steve nassar, robert fine
Office: premiere property group, llc.
MLS#:476508932
Source:PORTLAND
Price summary
- Price:$2,500,000
- Price per sq. ft.:$937.38
About this home
Exceptional 2.51-acre shovel-ready development opportunity approved for a 41-unit cottage cluster community in Milwaukie. Type II land-use approval and a complete architectural, civil, and landscape plan set are included, featuring 2- and 3-bedroom cottages across five clusters with generous shared courtyards. The plan provides 61 on-site parking spaces, 64 long-term and guest bike spaces, engineered stormwater facilities, and fully designed utility connections. All preliminary planning, mapping, floor plans, elevations, grading, and tree preservation work are completed. Prime location near the Willamette River, Waverley Country Club, and Sellwood, offering strong market appeal and streamlined path to construction. A rare, ready-to-build infill opportunity for developers or investors.
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Home facts
- Year built:1950
- Listing ID #:476508932
- Added:55 day(s) ago
- Updated:January 28, 2026 at 12:18 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,667 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Metal
- Year built:1950
- Building area:2,667 sq. ft.
- Lot area:2.51 Acres
Schools
- High school:Milwaukie
- Middle school:Rowe
- Elementary school:Milwaukie
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$937.38
- Tax amount:$5,374 (2025)
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