Newberg, OR 97132,NE CHEHALEM DR
Listed by Aligned Commercial Real Estate • info@alignedcre.com
Bought with The Kelly Group Real Estate

$565,000

$590,000

4.2%
Est.Price: ?

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Est. payment /mo

3.46 Acres Lot


SOLD DATE : 10/18/2024

Key Details

Sold Price $565,000

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24594202

Sold Date 10/18/24

Annual Tax Amount $51

Tax Year 2023

Lot Size 3.460 Acres

Property Description

Quiet, level, and well-located future development acreage or idyllic homesite in Newberg, Oregon. This 3.46 acre parcel is located in the urban growth boundary, with city water and sewer up the road. It is adjacent to and wraps 1611 NE Chehalem, but does not include the home located at that address. The investment and use options are multifold: strategically build a single-family home and develop the additional lots upon annexation, buy, farm, and hold this path of progress property, build your dream home on acreage, or... This property is owned by Central Christian School, with proceeds from this sale benefitting their exceptional K-12 school system. It is only 1.5 miles from downtown Newberg, one of the top five Portland, Oregon suburbs in terms of affordability and quality of life.

Location

State OR

County Yamhill

Area _156

Zoning VLDR

Exterior

Utilities Available Other

View Territorial

Garage No

Building

Lot Description Orchard, Trees

Schools

Elementary Schools Ewing Young

Middle Schools Chehalem Valley

High Schools Newberg

Others

Acceptable Financing Cash, OwnerWillCarry

Listing Terms Cash, OwnerWillCarry

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