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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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287 E 3rd St , Lowell, OR 97452
$1,150,000
Est. Payment: $5,873.23/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 286
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House Description

Exceptional development opportunity in Lowell, just 20 minutes from Eugene. This 2.12-acre parcel includes tentative subdivision approval with the City of Lowell for 11 total lots, offering builders and investors a major head start on a highly desirable small-scale subdivision. The property also includes an existing newly remodeled 2 bedroom home that is currently rented month-to-month, providing income during the development process. The site is largely cleared, utilities are nearby, soils are favorable, and the project aligns with Lowell’s current residential growth needs.This is an ideal opportunity for a builder or developer seeking a manageable, profitable project supported by city momentum. More information regarding pre approval packet with the City of Lowell, engineers concept plans, and city correspondence available.

Highlights

Listed by Jody Spier , 541-556-4964 Works Real Estate , 503-714-7053. Portland Regional Multiple Listing Service mls logo

Property Type

Vacant Land

Lot/Acreage
2.12

County

Lane

Area

234 - Lane Co: Pleasant Hill / Oakridge

Listing ID

314382332

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Level,Cleared,Corner Lot,Public Road
Zoning:R-3
Principal Interest
$5,873
Taxes
$212

Home Price

$1,150,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$230,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,873.23

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,873.23 $212.37 $0.00 $6,085.60
Yearly $70,478.77 $2,548.39 $0.00 $73,027.16
Total $2,114,363.05 $76,451.70 $0.00 $2,190,814.75

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Lowell, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-09-07T13:53:59.000Z

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