Exceptional 2.51-acre shovel-ready development opportunity approved for a 41-unit cottage cluster community in Milwaukie. Type II land-use approval and a complete architectural, civil, and landscape plan set are included, featuring 2- and 3-bedroom cottages across five clusters with generous shared courtyards. The plan provides 61 on-site parking spaces, 64 long-term and guest bike spaces, engineered stormwater facilities, and fully designed utility connections. All preliminary planning, mapping, floor plans, elevations, grading, and tree preservation work are completed. Prime location near the Willamette River, Waverley Country Club, and Sellwood, offering strong market appeal and streamlined path to construction. A rare, ready-to-build infill opportunity for developers or investors.
Listing Provided Courtesy of Steve Nassar, Premiere Property Group, LLC
General Information
138132955
MixedUse
34
DOM
2.51 acres
R-MD
Clackamas
00017369
Milwaukie 7/10
Rowe 3/10
Milwaukie 7/10
Land
MixedUse
139 WAVERLY HGTS PT LT 3
Listing Provided Courtesy of Steve Nassar, Premiere Property Group, LLC
Krishna Realty data last checked: Jan 15, 2026 21:39 | Listing last modified Jan 07, 2026 19:13,
Source:
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Residence Information
No
Features and Utilities
Financial
5373.72
0
CallListingAgent,Cash,Conventional
12-05-2025
No
No
Comparable Information
34
41
CallListingAgent,Cash,Conventional
$3,500,000
$2,500,000
Jan 07, 2026 19:13
Schools
charter Elementary : Milwaukie
7/10Ratingspublic Middle : Rowe
3/10Ratingscharter High : Milwaukie
7/10Ratings
Exceptional 2.51-acre shovel-ready development opportunity approved for a 41-unit cottage cluster community in Milwaukie. Type II land-use approval and a complete architectural, civil, and landscape plan set are included, featuring 2- and 3-bedroom cottages across five clusters with generous shared courtyards. The plan provides 61 on-site parking spaces, 64 long-term and guest bike spaces, engineered stormwater facilities, and fully designed utility connections. All preliminary planning, mapping, floor plans, elevations, grading, and tree preservation work are completed. Prime location near the Willamette River, Waverley Country Club, and Sellwood, offering strong market appeal and streamlined path to construction. A rare, ready-to-build infill opportunity for developers or investors.
