840 SW STEPHENSON ST

Investors, Custom Home Builders and/or Developers! R10 Zoning, 1/2 Acre plus Lot, The 23,086 sq ft lot can be subdivided into 2 lots over 11,000 sf. The FAR (floor area ratio) building size limits will not apply to the lots. Lots can be created through a MHLD Expedited Land Division. Numerous building options are available. Rare opportunity to build Custom Homes, Duplexes, Triplexes, 4Plexes, or a Cottage Cluster Development. Quiet Residential Street in SW high demand location, Area with high value homes, lots and less than 3/4 of a mile from Lake Oswego City limits. Near parks, trails, and nature, this southwest central location with its easy access makes for a convenient commute going in any direction. This property has the unique feature of being able to build using the Residential Infill Code Middle Housing options or build custom homes. Photos show 4,479 sq ft custom home plan that could be built on the lot rather than Middle Housing. Seller is Licensed Realtor in the State of Oregon.