287 E 3rd St

$1,355,000
Price
92,347 / 2.12
Lot Size / Acres

Description

Exceptional development opportunity in Lowell, just 20 minutes from Eugene. This 2.12-acre parcel includes tentative subdivision approval with the City of Lowell for 11 total lots, offering builders and investors a major head start on a highly desirable small-scale subdivision. The property also includes an existing newly remodeled 2 bedroom home that is currently rented month-to-month, providing income during the development process. The site is largely cleared, utilities are nearby, soils are favorable,...Exceptional development opportunity in Lowell, just 20 minutes from Eugene. This 2.12-acre parcel includes tentative subdivision approval with the City of Lowell for 11 total lots, offering builders and investors a major head start on a highly desirable small-scale subdivision. The property also includes an existing newly remodeled 2 bedroom home that is currently rented month-to-month, providing income during the development process. The site is largely cleared, utilities are nearby, soils are favorable, and the project aligns with Lowell’s current residential growth needs. This is an ideal opportunity for a builder or developer seeking a manageable, profitable project supported by city momentum. More information regarding pre approval packet with the City of Lowell, engineers concept plans, and city correspondence available.

Property Details for 287 East 3rd Street

Zoning
R-3
View
City, Territorial
LISTING UPDATED: 12/01/2025 03:48 PM

Property Details for 287 East 3rd Street

StatusActive
MLS #314382332
Days on Market24
Taxes$2,548 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Single Family Residence
Year Built-
Lot Size2.12 AC
CountyLane County

Location

Listing Courtesy of Works Real Estate
Add your commute

Building Information for 287 East 3rd Street

Building Size-Lot Size2.12 AC

Payment Calculator

$6,908 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,696

Property Taxes

$212

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 287 East 3rd Street

Summary
Location and General Information
  • Country: US
  • Directions: in Lowell turn on E 3rd st.
  • Road Surface: Gravel
School Information
  • Elementary School: Pleasant Hill
  • High School: Lowell
  • Middle Or Junior School: Lowell
Taxes and HOA
  • Tax Annual Amount: $2,548.39
  • Parcel Number: 0814663
  • Tax Legal Description: TL 01600
Property
Lot Information
  • Acres: 2.12
  • Lot Description: Cleared, Corner Lot, Public Road
  • Lot Size Square Feet: 92347.0
  • Current Use: Residential
  • Land Description: Level
  • Lot Size Range: Acres1to3
  • Lot Size: 1 to 2.99 Acres
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Land
Utilities
  • Utilities: Cable Available, Electricity Available, Public Sewer, Water Available
Interior and Exterior Features
Exterior Features
  • Water Name: Dexter Lake
  • Existing Structures Description: Garage, Residence, Sidewalk

Public Records for 287 East 3rd Street

Taxable ValueLand-Additions-Total-
Tax Record2025$2,902 ($242 / month)
Home Facts
Beds0Baths1Total Finished SqFt952 SqFtAbove Grade Finished SqFt952 SqFtStories1Lot Size97,139 SqFtStyleSingle Family ResidenceYear Built1963Year Renovated1969ZoningR3-MULTI-FAMICountyLANEAPN19-01-14-21-01600-000

Schools near 287 East 3rd Street

This home is within Lowell School District 71.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Charter - K to 12
Charter - K to 8
Rating
School
Distance
Lundy Elementary School
PublicK to 6

Lowell Junior/Senior High School
Public7 to 12

Bridge Charter Academy
CharterK to 12

Mountain View Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

287 East 3rd Street is a 2.12 ac of land for sale in Lowell, OR 97452. This property was listed for sale on November 25, 2025 by Works Real Estate, it's currently listed at $1,355,000. This listing's school district is Lowell School District 71. Nearby schools include Lundy Elementary School, Lowell Junior/Senior High School and Bridge Charter Academy. 287 East 3rd Street is a 0-bed, 0-bath, 2.12 ac of land on a 92,347 sq. ft. / 2.12 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Works Real Estate

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 12/01/2025 03:48 PM