0 Sunshine Ave, Philomath, OR 97370

This exceptional 26.88-acre parcel in Philomath, Oregon, presents a remarkable opportunity for residential development. Boasting breathtaking views of the Cascade Mountains and Marys Peak, this property is ideally situated near Corvallis and the Oregon Coast, offering convenient access to amenities and attractions. The land is already cleared, leveled, and engineered for construction, significantly reducing development time and costs. The permitted zoning (RE) allows for the creation of up to 120 single-family lots, or potentially higher density development, subject to local approvals. Utilities are conveniently located on an adjacent lot, simplifying infrastructure connections. The property is identified by APN numbers 322777, 275630, and 410867 and is currently held under a partnership ownership. This offering is structured to facilitate a 1031 exchange, making it an attractive investment opportunity for qualified buyers. The asking price for this exceptional development land is $5,000,000. Detailed engineering plans and zoning information are available upon request. Don't miss this chance to acquire a premier residential development site in a highly desirable Oregon location.