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
476508932
SingleFamilyResidence
33
DOM
3
2.51 acres
2
2667
1950
R-MD
Clackamas
00017369
Milwaukie 7/10
Rowe 3/10
Milwaukie 7/10
Residential
SingleFamilyResidence
139 WAVERLY HGTS PT LT 3
Listing Provided Courtesy of Steve Nassar, Premiere Property Group, LLC
Krishna Realty data last checked: Jan 15, 2026 12:42 | Listing last modified Jan 07, 2026 19:13,
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Residence Information
0
1483
1184
2667
seller
1483
2/Gas
3
2
0
2
Metal
1, Carport
Stories2,DaylightRanch
Carport,Driveway
2
1950
No
WoodSiding
Features and Utilities
Electricity
ForcedAir
PublicSewer
Electricity
Oil
Financial
5373.72
0
CallListingAgent,Cash,Conventional
12-05-2025
0
No
No
Comparable Information
33
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.
