One-of-a-kind 205 acre property, with extensive entitlements & improvements, zoned AF-5. This unique development opportunity is just 14 +/- miles southwest of Hillsboro, nestled in Laurelwood valley with beautiful views. Originally a boarding school, the 49 acre campus area has 6+ large buildings including (2) residence halls, administration building, gymnasium/music building, science classroom building with library and an industrial arts building with auto, wood and welding shop areas. The current owner has done extensive updating while operating a spiritual retreat center. The 151 acres adjacent to the campus is well suited for a low density residential development with 30 LA co-op community water certificates included. In addition, a separate 4.69 acres (Tax Lot 1301, Sec. 16) with a spring and water rights providing domestic water to the campus is included. There are vineyard soils and the property is adjacent to the Ninebark Vineyard and partially within the Chehalem Mountain AVA. The property was appraised in 2018 and is listed below MAI appraised value.
6 large buildings totaling over 130,000+/- SF
Extensive Land-use Entitlements rarely seen in Oregon