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    3312 E Fernwood Rd Newberg, OR 97132

    New
    For Sale
    $3,950,000

    LAND - Newberg, OR

    Type:Single Family Residence
    Lot size:
    7.20 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 3312 E Fernwood Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    RR
    APN
    63086
    Lot size
    7.20 Acres

    The Kelly Group Real Estate (503) 730-9999 [email protected]

    Listing agent Kelly Hagglund (503) 538-4531

    Listing date Dec 4, 2025

    MLS# 709367555 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newberg Development Opportunity: 7.2 Acres

    This 7.2-acre parcel presents a development opportunity in Newberg, Oregon. Currently, the property includes a single-family home and farmland. The site is located in one of Newberg's growth nodes and may be suitable for future redevelopment. The area exhibits strong demographics and a need for more housing. The buyer is responsible for performing all due diligence with the city and appropriate governing agencies.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newberg
    County
    Yamhill
    State
    Oregon
    Longitude
    -122.946325
    Latitude
    45.298644

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    FAQs

    What type of property is this?
    Land - 7.2-acre development opportunity in Newberg's growth area.
    Where is this land located?
    The property is located at 3312 E Fernwood Rd Newberg, OR.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: - 7.2-acre development opportunity in a strong Newberg growth area.; - Positioned for possible future redevelopment.; - Strong demographics support housing demand.
    (503) 538-4531
    Request Owner's contact information
    3312 E Fernwood Rd Newberg, OR 97132
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    Newberg, OR 97132
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3312 E Fernwood Rd Newberg, OR 97132
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