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12.97 Acres NE Hibiscus Lot #3 Dr, Corvallis, OR 97330

$500,000
  • 12.97 Acres NE Hibiscus Lot #3 Dr, Corvallis, OR 97330 Main Photo

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Listing Courtesy of: LEGACY REAL ESTATE
Agency Contact: CELL: 503-877-2101
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LOT SIZE 12.970 acres MLS#844086
STATUS PROPERTY TYPELand - Residential

Property Description

Development land in the heart of Adair Village with the foundational groundwork already complete. This 12.97-acre site is inside the UGB, annexed into city limits, and zoned R-2 (medium-density residential), with approximately 5.12 acres available for development and a 7.85-acre conservation easement framing the site with permanent open space along Bowers Slough. The wetland delineation is complete and approved by Oregon DSL (WD #2018-0008R). Multiple development concepts available. Three professionally prepared conceptual layouts accompany the listing: a 20-lot detached single-family subdivision, a 34-lot cottage Planned Development with open space and community building, and a 19-home pocket-neighborhood concept by Ross Chapin Architects. City water and sewer (8-inch mains) are at the property line in NE Hibiscus Drive. Feasibility study, engineer's cost estimate, and full due diligence package available. Minutes to Corvallis and OSU on the Hwy 99W corridor, adjacent to the actively built-out Calloway Creek subdivision.

Property Features

Property Type: Land - Residential
Lot Size: 12.97 Acres
Taxes: $406

Feature Descriptions

Access: Paved
Days on Site: 32
Lot Dimensions: 12.97 Acre(s)
Natural Gas: Available
Price Per Square Foot: 38550.5
Sewer Available: Yes
Special View Info: Territorial, Water F
Suitable Use: Multi-Family, Single Family Residence
Water: City

Local Schools

High School: Crescent Valley
Middle School: Cheldelin
Elementary School: Mountain View

Listed By / Shown By

Listed By

Agency Name: LEGACY REAL ESTATE
Agency Contact: CELL: 503-877-2101

Shown By

Agency Title: Coldwell Banker Valley Brokers
Albany: 541.928.6317
Corvallis: 541.757.0222

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Estimate Your Payment

Estimated Payment

$ 1,292.45 per month $1,112.78 Principal & Interest $33.83 Property Tax $145.83 Homeowner's Insurance

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