Rare opportunity to own 5.04 acres of prime real estate, preapproved for subdivision up to 20 individual lots of 7500 sf each! This expansive property has a captivating territorial view with mature trees, creating a picturesque setting. The existing mobile home, though without monetary value, offers 1,500 square feet of living space, including 3 bedrooms, 2 bathrooms, and a welcoming deck, providing a comfortable living space amidst nature's beauty. In addition to the residential potential, the property features a substantial shop with cement flooring, perfect for a variety of uses. Its strategic location near schools, restaurants, and the scenic Milo McIver State Park and Estacada Lake enhances its appeal, offering a blend of convenience and natural tranquility. Don't miss out on the chance to invest in this promising development, where the possibilities are as vast as the acreage itself!