$559,000

Rare development opportunity in one of Eugene’s most desirable locations. The existing residence has been removed, providing a cleared site for your next project. Previously received preliminary approval from the City of Eugene for a two-lot partition. The current partition application has been deemed complete, and referral notices have been sent. Per seller, tentative approval and associated conditions are anticipated around mid-November 2026; approval and timing are not guaranteed. Proposed lots are approximately 5,100 SF and 10,200 SF, with the larger lot including flag access. Buyer to verify dimensions and complete all due diligence and required approvals to finalize the partition. An outstanding opportunity to explore luxury custom home construction or builder spec homes. Buyer to verify potential for middle housing, duplexes, cottage clusters, or other residential development with the City of Eugene and applicable governmental agencies. Public sewer, water, electricity, and other utilities are believed to be available at or near the property; buyer to verify capacity, connection requirements, and costs. Convenient access to Oakway Center, shopping, schools, parks, medical facilities, and major transportation routes. A unique investment opportunity in an established Eugene neighborhood.