Amazing house and lot with atypical development opportunities. This property would be fantastic for different types of purchasers: developers *or* anyone (urban farmers?) looking for a nice house on a large lot who might eventually want to develop the property. Development info (buyer to do due diligence): 15,000 square-foot lot zoned R2 (multi-family residential). Under current zoning laws, up to 7 units could be built, possibly up to 10 units if certain conditions are met. The proposed Better Housing by Design changes (which are separate from the Residential Infill Project) will allow even more extensive development (see https://www.portlandoregon.gov/bps/71903 for more info). Terrific up-and-coming location. Development two doors down is selling small attached units in the $350,000-430,000 range. Existing house and lot: Wonderful 1920s craftsman that has been lovingly cared for. Three bedrooms, remodeled bathroom, lots of period charm, wood floors, beautiful windows, lots of natural light, large kitchen, built-ins, etc. Already set up for urban farmers. We had goats, chickens, bees. There are more than a dozen mature fruit trees and other edible plants. Extensive garden beds. Large garage used as garden shed. Three beautiful giant Douglas firs. We'd like to close at the beginning of August.
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