Dramatic brick fireplaceExpansive groundsLarge family roomAbundant windowsSpacious kitchenLarge predominantly open acreageLong paved driveway
**RARE 1.83-ACRE DEVELOPMENT OPPORTUNITY WITH EXISTING 5-BEDROOM HOME!** An exceptional opportunity for builders, developers and investors to acquire a large parcel with an existing 3,046 sq. ft. residence. Zoned **LDR-7**, the property offers potential for **up to 7 additional single-family home lots or approximately 25 townhomes**. Buyer to perform all due diligence and independently verify zoning, density, development potential, utilities, access and requirements with the city of Gresham.The existing two-story home features **5 bedrooms, 3 bathrooms and 3,046 sq. ft.** of spacious living. Inside you'll find generous living and dining areas, extensive wood-style flooring, abundant windows and a large family room highlighted by a dramatic brick fireplace. The spacious kitchen offers a large center island with cooktop, double ovens, abundant cabinetry and counter space, plus a light-filled dining nook overlooking the property.Outside is where this property truly separates itself. A long paved driveway leads through the expansive grounds to the home and attached **3-car garage**, while the large, predominantly open acreage provides an impressive setting and intriguing possibilities for future development.**Live in the existing home, hold as an investment, or pursue the property's development potential.** A rare combination of acreage, an existing substantial residence and future possibilities—all in one property.
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Zillow last checked:
Listing updated:
Listed by:
Tom Hale503-421-2109,
eXp Realty, LLC
Source: RMLS (OR),MLS#: 292517712
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 1
Rooms
Room types: Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
Level: Upper
Bedroom 2
Level: Upper
Bedroom 3
Level: Upper
Bedroom 4
Level: Upper
Bedroom 5
Level: Upper
Dining room
Level: Main
Family room
Level: Main
Kitchen
Level: Main
Living room
Level: Main
Heating
Forced Air
Cooling
Heat Pump
Appliances
Included: Built In Oven, Cooktop, Dishwasher, Double Oven, Down Draft, Free-Standing Refrigerator, Plumbed For Ice Maker, Stainless Steel Appliance(s), Gas Water Heater, Tankless Water Heater
Features
Ceiling Fan(s), Granite, Vaulted Ceiling(s), Cook Island, Kitchen Island