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Land with Approved Homesite
For Sale
$650,000

2-0 Sw River Rd, Hillsboro, OR 97123

Two-acre homesite portion available with approved M49 use and water rights on a larger 12.4-acre parcel.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market68

Property Features for 2-0 Sw River Rd

General Information

Standard status Active
Lot size 2.00 Acres
Property subtype Land
Zoning M49

Additional Details

Water Rights Yes
Listing Agency: eXp Realty, LLC
Listed By: Anne Marie Faulkner PC
Source: Exprealty
Added: Jun 5 Changed: Aug 8 Last Checked: Jul 11 at 12:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Investment Insights

Based on property information with market context.

This offering includes an approved M49 homesite portion consisting of 2 level acres, created within a larger 12.4-acre parcel. The seller notes that the primary home is not included in the sale, and the buyer will need to partition off the 2-acre homesite portion (referred to as Lot 2) from the northerly/eastern portion of the property. Property tax and the final legal description are to be determined, and buyers should complete their own due diligence regarding the partition and approvals.

The parcel is described as having water rights, and the broader property has a history as a horse farm, including an outdoor arena and horsebarn on the primary homesite at 6065 SW River Rd (not included in this sale). The remarks also indicate the property has been used for weddings and special events in the past.

To review the M49 approval documents or builder’s folio, contact your agent. Appointments are required to view the property, and the seller requests that the property not be checked out without an appointment.

Key Highlights

  • 2‑acre homesite portion with approved M49 use, available to build just 5 minutes from Hillsboro
  • Larger parcel is 12.4 acres, with the entire property reported to include water rights
  • Buyer must partition off the 2 acres from the larger parcel (identified as Lot 2: northerly/eastern portion)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Water rights

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby

Demographics for 97123, OR

48,369
Population
17,685
Households
2.7
Avg Household Size
37
Median Age
36%
College-Educated
87%
High-School Grad
55.7 sq mi
ZIP Area
868
Density / Sq Mi
$105,999
Median Household Income
$50,578
Median Earnings
$1,814
Median Rent
$489,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two-acre homesite portion available with approved M49 use and water rights on a larger 12.4-acre parcel.
Where is this residential land & home lot located?
The property is located at 2-0 Sw River Rd Hillsboro, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2‑acre homesite portion with approved M49 use, available to build just 5 minutes from Hillsboro; Larger parcel is 12.4 acres, with the entire property reported to include water rights; Buyer must partition off the 2 acres from the larger parcel (identified as Lot 2: northerly/eastern portion)
More about this property
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