Homes for sale - 1470 ROSEMONT RD, West Linn, OR 97068

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Mike Miloscia

MORE Realty

mike@goodhomeportland.com +1(971) 489-5103

Listed by MORE Realty • 503-962-9653

$ 1,600,000

Est. payment | -/mo

4 Beds

3 Baths

2,958 SqFt

Save

$ 1,600,000

Est. payment | -/mo

Save

4 Beds

3 Baths

2,958 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,958 sqft

Price per Sqft $540

MLS Listing ID 344062704

Style Stories2, Colonial

Bedrooms 4

Full Baths 3

Year Built 1988

Annual Tax Amount $12,378

Tax Year 2024

Lot Size 1.300 Acres

Property Sub-Type Single Family Residence

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.

Location

State OR

County Clackamas

Area _147

Zoning R10

Rooms

Basement Crawl Space

Interior

Interior Features Hardwood Floors, Wallto Wall Carpet

Heating Forced Air95 Plus

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Wood Burning

Appliance Builtin Range, Dishwasher, Pantry

Exterior

Parking Features Attached

Garage Spaces 2.0

Roof Type Shingle

Garage Yes

Building

Lot Description Gentle Sloping

Story 2

Foundation Concrete Perimeter

Sewer Standard Septic

Water Public Water

Level or Stories 2

Schools

Elementary Schools Sunset

Middle Schools Rosemont Ridge

High Schools West Linn

Others

Senior Community No

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Regional Multiple Listing Service (RMLS)

+1(971) 489-5103

mike@goodhomeportland.com

16037 SW Upper Boones Ferry Rd Suite 150, Portland, OR, 97224, USA

1470 ROSEMONT RD West Linn, OR 97068