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51366 Preble Way La Pine, OR 97739

For Sale
$250,000

0.89 acres with approvals for 11 modular homes.

Lot size:
0.89 Acres

Property Features for 51366 Preble Way

General Information

Lot size
0.89 Acres

Building Details

Year built
2024

Source: Chuck Brazer Agent Chuck Brazer

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

La Pine Mixed-Use Land

This 0.89-acre property is located at 51366 Preble Way in La Pine, Oregon. It is zoned for commercial and residential mixed-use. Approvals have been received for an 11-space modular home park, granted on March 22, 2024, and valid for two years. Quotes are available for manufactured dwelling units, including shipping rates to the site. The units include eight 2-bedroom, 1-bathroom manufactured homes that are 640 square feet and three 3-bedroom, 2-bathroom manufactured homes that are 880 square feet. The homes will be permanently affixed to the real estate and leased to tenants with the underlying homesite. The Commercial/Residential Mixed-Use (CRMX) Zone is intended primarily as a smaller scale, service and office commercial district with associated residential that may consist of upper-level units. A live-work design concept within the mixed-use district serves as a buffer between the commercial zone and residential zones. Commercial uses are allowed in the zone but are limited in order to facilitate a mixed-use development pattern. The proposed improvements represent a legally conforming and permitted use. The property has approved plans for 11 modular homes, a clear Phase 1, and is close to nearby commercial and retail areas. It is permit-ready with payment of System Development Charges (SDCs) and infrastructure review. Full quotes have been obtained for modular home costs and shipping. The maximum building coverage is 60%. The subject property has 12.3 pads per acre.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
La Pine
County
Deschutes
State
Oregon
Longitude
-121.5024762
Latitude
43.6660939

FAQs

What type of property is this?
Land - 0.89 acres with approvals for 11 modular homes.
Where is this land located?
The property is located at 51366 Preble Way La Pine, OR.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: - Approved for an 11-space modular home park with permits ready after SDC and infrastructure review payments.; - Estimated $2,050,000 valuation upon project stabilization, supported by recent sales comparables.; - Commercial/Residential Mixed-Use (CRMX) zoning allows flexibility for various uses.
More about this property
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