16553 SW MEINECKE RD new

Sherwood,OR 97140

$ 1500000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Recreational

Listing Status Active

Purchase Type For Sale

MLS Listing ID 543954577

Annual Tax Amount $1,784

Tax Year 2024

Lot Size 1.930 Acres

Property Sub-Type Residential Recreational

Property Description

Incredible rare parcel with development and investment potential, close to parks and historic downtown Sherwood! Includes 1.93 acres across two lots, with an existing home on 0.26 acres, and a 1.67-acre vacant lot prime for development. Zoned MDRL (Medium Density Residental Low) which allows for 8-12 units per acre, providing options for either a traditional land division or a cottage cluster development. Located on SW Meinecke, a key corridor to downtown, its flat terrain and potential rezoning make it a strong investment. Whether renovating, developing, or investing, this property is a fantastic opportunity in Sherwood's growing market. Near Stella Olsen Park, with walking trails, expansive green spaces, amphitheater, creek, picnic shelter, and playground. Adjacent to Cedar Creek trail, and in close proximity to the heart of Sherwood, with its restaurants, shops, farmer's market, libary, Center for the Arts, and much more!

Location

State OR

County Washington

Area _151

Zoning MDRL

Exterior

Utilities Available ElectricityAvailable,ElectricityConnected,PublicSewer,SewerConnected,WaterAvailable,WaterConnected

Garage No

Building

Lot Description Trees

Schools

Elementary Schools Ridges

Middle Schools Sherwood

High Schools Sherwood

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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