840 SW Stephenson ST

Just Over 1/2 Acre Lot 23,086 Sq ft. Investors, Custom Home Builders and/or Developers! Many options are still available. R10 Zoning. Rare opportunity for this 8 home Cottage Cluster Development. Excellent prime high demand location, in area of high value homes and lots. Less than 3/4 of a mile from Lake Oswego City limits. Near parks, trails, and nature, this southwest central location with its easy access make for a convenient commute going in any direction. This property has the unique feature of being able to build using the Residential Infill Code Middle Housing options. It also has the option of individual lots or a condo configuration. Home plans have been submitted to the City of Portland for building permits under the Residential Infill Cottage Cluster code. 5 homes at 2,125 square feet. One home at 1,663 square feet and 2 homes at 1,161 Square feet. See attached site plan drawings. for additional details. Plans are under review and subject to change. The last image is of seller's 4,479 sq ft home plan that could be built on the lot if buyer is not interested in cottage cluster development Buyer to do Due Diligence regarding information provided. Seller is Licensed Realtor in the State of Oregon.