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Listed by Cascade Hasson Sotheby's International Realty
$1,500,000
Est. payment /mo
1.93 Acres Lot
New
16553 SW MEINECKE RD Sherwood, OR 97140
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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
