Tax Lot 34E20 00500 Estacada, OR 97023

This 9.16-acre parcel presents a residential development opportunity in the growing Estacada market. Zoned R1 (Single-Family Residential), the property is adjacent to the established Campanella Estates, with other surrounding subdivisions nearby. Preliminary planning concepts suggest a yield of approximately 16 buildable lots, with the potential for up to 18 lots when combined with the adjacent 0.99-acre parcel. The site features gently to moderately sloped terrain with a mix of open and natural areas. The gently rising topography creates natural elevation across portions of the property, offering territorial views. Approximately 3.69 acres are impacted by restrictive conditions, along with a smaller secondary constraint area, which have been considered in conceptual layout planning and price. The conceptual layout includes internal road access with a cul-de-sac configuration designed to maximize usable lot count within site constraints. Access is available from SE Cemetery Rd with potential connectivity to nearby neighborhood streets (NE Timberline St and NE Arrowhead Dr). Located minutes from downtown Estacada, the area is experiencing continued residential growth and new construction activity. Lots must be sold together, but will sell separately if the 9 acres are sold first.