$650,000 59+ acres in 3 lots and zoned RR5. Views. Close in. Terms. (Grants Pass)

Newby, Grants Pass, OR 97527

59+ acres in 3 lots and zoned RR5. Views. Close in. Terms. 1 thumbnail59+ acres in 3 lots and zoned RR5. Views. Close in. Terms. 2 thumbnail
Newby near Rogue River Hwy.

google map

no laundry on site
off-street parking
Tax valued at $1,144,020 but will sell for 650k. Unique opportunity for builders, investors, multi-family, or just someone wanting an estate quality parcel with amazing views right at the edge of Grants Pass. 30 gpm well and 3 septic site evaluations. Property is a diverse mix of oak, madrone, fir, and pine and has terrific view potential. Slopes are gentle to moderate and easy to traverse the parcel for hiking, horseback riding, etc. 2 points of access. Street plug off of Newby Drive and deeded easement off of Smokey Ln, near 255 Smokey. Seems ideal for a lot line adjustment and move 2 5 ac lots to the Newby side, and sell those, then keep the nearly 50 ac for your own amazing homesite at a terrific price. Splitting into 11 lots would require Newby to be upgraded so it would be doable but pretty expensive. Also abuts the urban growth boundary with R-1-10 zoning. Attached is an expired map for 7 lots on the 39+ ac lot which was approved but has since expired. If a person wants to develop to its maximum potential, I would think a PUD with 2 ac lots clustered at the Newby end and greenspace on the remainder. Lots of different options and investment potential on this one and also would be a terrific estate home site to enjoy until you are ready to develop further.
I am open to terms, at 9% APR or a bit less for a shorter loan period. APN#'s R315855, R315858, R315859

post id: 7715871062



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