$500,000

Build 12 cottages on nearly an acre in Oregon City's Park Place neighborhood - with much of the groundwork already done. The plan, drawn by Iselin Architects with a site plan, elevations, and floor plans: 12 attached cottages in six buildings, each about 1,000 square feet with 2 bedrooms, an office, and 2.5 bathrooms. Each cottage sits on its own deeded lot, so a buyer can build, hold, or sell them one at a time. The city has already met with the team on the 12-cottage plan, and its feedback also confirmed a simpler option: dividing the property into four single-family lots. Zoning allows a wide range of housing - single-family homes, cottages, duplexes, triplexes, quadplexes, townhomes, and ADUs. Major early steps are complete: environmental overlay restrictions removed, cultural resources study done, survey recorded, and existing-conditions map prepared. The 0.95-acre site is cleared of structures and brush, with public water, sewer, natural gas, electricity, and cable at the street. Just east of I-205, minutes from downtown Oregon City and the Clackamas River. Buyer to perform independent due diligence and verify all development potential, approvals, utilities, and information. Seller is an LLC; one member is an Oregon-licensed real estate broker.