Exceptional opportunity to acquire approximately 46.43 acres in desirable Happy Valley! This expansive, wooded property offers a beautiful natural setting, mature trees, varied topography, and significant potential for builders, developers, and long-term land investors. Zoned R20, the property provides an opportunity to explore future residential development possibilities in an established and growing community. Large acreage offerings of this scale are increasingly rare within the Portland metropolitan area. Conveniently located near shopping, dining, schools, and major transportation routes. Buyer to perform due diligence regarding development feasibility, zoning, utilities, access, topography, environmental considerations, and permitted uses.
Vacant landProperty Type
46.43 acresLot Size
$155,072Price/Acres
Listed by Nancy Kelly• Harcourts Real Estate Network Group
Listed by Marissa Kelly• Harcourts Real Estate Network Group
This urban residential district is a means by which the densities are increased to make efficient use of available facilities and services in an environment of single-family dwellings. Variations in dwelling types and lot sizes should provide for a necessary flexibility in the City which will prevent typical appearances created by the traditional subdivision of land. Standards in this district are strictly urban oriented and are designed to develop and perpetuate urban trends and patterns. The numerical designation R-10 shall be interpreted to mean that the maximum density shall be 1 primary dwelling unit per10,000 sq ft of lot area.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Recreation
Golf related
Housing-Mobile home park
Park & open space
Mar 27, 2023 • Final
Building - electrical
Electrical
Jun 30, 2010 • Final
Building - electrical
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
14 unhealthy days expected this year, 16 days in 30 years
Provided by First Street
Historical weather
Happy Valley, OR • 97086
Average low and high temperatures (°F)
48
36
49
38
57
42
64
44
70
49
76
54
83
58
84
60
77
56
63
47
53
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
79/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Happy Valley. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 16581 SE Hagen Rd
$7,113,080
$87K under list price of $7.20M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $788K to $930K.