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1470 ROSEMONT RD, West Linn, OR 97068
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$1,500,000
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Home Details for 1470 ROSEMONT RD
Price
$1,500,000
Type
Lots/Land
Lot Size
1.3
County
Clackamas
Tax
$12,378.48
MLS®️ Listing#
233337015
On exitrealty.com
104 days
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.
- Utilities
- Electricity Available
- Natural Gas Available
- Water Available
- Cooling Information
- None
- Heating Information
- None
School Information
School Information for 1470 ROSEMONT RD
Elementary School
Sunset
Middle School
Rosemont Ridge
High School
West Linn
Listing Courtesy: MORE Realty - 503-962-9653. Presented by: Victoria Shah
Last Updated: 2026-01-12 08:03:23
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$1,500,000
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EXIT REALTY BEND
805 SW Industrial Way, Suite 4, Bend, OR 97702