COVERED LAND PLAY -- 4.47 ACRES, 3 TAX LOTS, REZONE UPSIDE + IN-PLACE INCOME. Three contiguous lots with continuous, high-visibility frontage on Williams Highway, a primary Grants Pass growth corridor. Zoned R-1-8 supporting a +/-16-19 lot by-right subdivision, plus duplex, townhome & cottage-cluster options under Oregon middle-housing law -- no rezone required. The full density thesis runs through an R-4 rezone, and the path is proven next door: the adjacent parcel, under common ownership, is fully entitled for 46 townhomes. Two existing homes generate $16,200/yr of verified month-to-month rent to offset carry while a buyer pursues entitlements. Single-LLC seller, one signature authority, one clean close. A rare land bank on a supply-constrained corridor drawing sustained in-migration from higher-cost West Coast metros. Buyer to verify zoning, rezone feasibility, utilities, assessments, and all development potential.
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Listing courtesy of Coldwell Banker Commercial Professional Group, agent Chris Pfau
Data last updated July 16, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $800,000 · $200,000 down · 30 year term
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
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