Calling all dreamers! Rare opportunity to buy a prime 1.8 acre property, with fixer and outbuildings with loads of potential, conveniently situated on Boones Ferry Rd. Plenty of room, and privacy, to build your dream estate. No need to choose between a pool or sport court, there's room for both. Guest house? no problem. ADU to rent out? Room for that as well. Zoned R10, the city will allow up to 16 (!) residences, so you could even have a multi-generational compound for your entire family tree. The trees provide a screen from Boones Ferry and neighbors. Excellent location near shopping, downtown Lake Oswego, Tryon Creek, Lewis & Clark, OHSU, I-5, Hwy 217, downtown Portland, and on the TriMet #38 busline. When walking the property, which was once part of a farm, you would never guess how close you are to the city and services. Buyer to confirm with city what will allow if home is torn down. Value is in the lot, as home is a heavy fixer, with water, electric and septic. A sewer line was installed for the adjacent newer development on SW 18th, (buyer to verify ability to connect to the line.) Currently, there is a barn with 3 bays for equipment/cars, attached to a small studio space, as well as a workshop close by. Workshop has electric running to it. The home has a dirt floor basement/crawlspace that houses a 30-foot well that is not currently being used. Buyer to do all their own due diligence, and confirm with city what can be built if current dwelling is torn down. Shown by appointment only. Also listed under Lots/Land MLS #753100490 [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250963]
Based on the average sale price from the Hillsboro, OR office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Where, Inc
eXp Realty, LLC
12295 Sw Boones Ferry Rd Portland, OR is a Single Family Home for sale at $1300000 with 2529 sqft and a lot size of 1.8 Acres Acre(s). 12295 Sw Boones Ferry Rd Portland has 4 bedrooms, 1 baths and was built in 1906. The property's zip code is 97219 which is in Portland, OR
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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