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Lynne Nelson

lynnenelson@oregonrealestates.com +1(541) 799-0870

Listed by Keller Williams Realty Eugene and Springfield • 541-554-9435

$220,000

Est. payment - /mo

2 Beds

1 Bath

888 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 888 sqft

Price per Sqft $247

Subdivision Veneta

MLS Listing ID 701279126

Style Stories1, Bungalow

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1950

Annual Tax Amount $2,533

Tax Year 2025

Lot Size 1.000 Acres

Property Sub-Type Single Family Residence

Property Description

RARE 1-ACRE DEVELOPMENT OPPORTUNITY IN THE HEART OF VENETA! Investors, builders, and developers - this is the opportunity you've been waiting for! Ideally situated near downtown Veneta and a block from the brand-new Bolton Hill Sports Complex, this expansive 1-acre property offers incredible potential in a highly desirable in-town location. Connected to city services, the property presents an exciting opportunity for future development, with current city code potentially allowing up to 8 residential units (buyer to verify all development possibilities with the City of Veneta). The property currently features an 888-square-foot, 2 bedroom, 1 bathroom home in need of extensive renovation or possible removal, along with an additional Tuff Shed for storage. The true value lies in the LAND, LOCATION, and DEVELOPMENT POTENTIAL! With its generous acreage, access to city utilities, proximity to downtown amenities, and location across from a beautiful new sports complex, opportunities like this are increasingly hard to find. Whether you're envisioning a multi-unit residential development, an investment project, or a long-term land hold, this property offers an exciting canvas for the right buyer. Sold strictly AS-IS. CASH ONLY. Buyer to perform all due diligence regarding zoning, development potential, utilities, and permitted uses. Don't miss this rare opportunity to invest in the future of Veneta!

Location

State OR

County Lane

Area _236

Zoning LD

Rooms

Basement Crawl Space

Interior

Heating Other

Fireplaces Number 1

Fireplaces Type Stove

Exterior

View Mountain, Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Level

Story 1

Foundation Block

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Veneta

Middle Schools Fern Ridge

High Schools Elmira

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

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Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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Lynne Nelson

+1(541) 799-0870

Broker License ID: 201218407

87958 8TH ST Veneta, OR 97487

Lynne Nelson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION