Skip to content
Home + Sea Realty
2 Beds1 Bath888 sqft

87958 8th St, Veneta

$220,000

Save
ActiveMLS®: 701279126Listing held by another brokerage, marked RMLS
Price per sqft
$247.75
Built in
1950
Property size
888 sqft
Lot size
1 acres
Property type
Residential
Days on market
1

Overview

RARE 1-ACRE DEVELOPMENT OPPORTUNITY IN THE HEART OF VENETA! Investors, builders, and developers - this is the opportunity you've been waiting for! Ideally situated near downtown Veneta and a block from the brand-new Bolton Hill Sports Complex, this expansive 1-acre property offers incredible potential in a highly desirable in-town location. Connected to city services, the property presents an exciting opportunity for future development, with current city code potentially allowing up to 8 residential units (buyer to verify all development possibilities with the City of Veneta). The property currently features an 888-square-foot, 2 bedroom, 1 bathroom home in need of extensive renovation or possible removal, along with an additional Tuff Shed for storage. The true value lies in the LAND, LOCATION, and DEVELOPMENT POTENTIAL! With its generous acreage, access to city utilities, proximity to downtown amenities, and location across from a beautiful new sports complex, opportunities like this are increasingly hard to find. Whether you're envisioning a multi-unit residential development, an investment project, or a long-term land hold, this property offers an exciting canvas for the right buyer. Sold strictly AS-IS. CASH ONLY. Buyer to perform all due diligence regarding zoning, development potential, utilities, and permitted uses. Don't miss this rare opportunity to invest in the future of Veneta!

Details

Interior

Fireplace
Yes
Fireplaces
1
Fireplace description
Stove
Cooling
No
Heating
No
Heating description
Other

Exterior and lot

Lot size
1 acres
Lot features
Level
Architectural style
One Story, Bungalow
Roof
Composition
View
Yes
View description
Mountain, Trees / Woods

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
0
Parking
Driveway
Total parking
0

Schools

High school
Elmira
Middle school
Fern Ridge
Elementary school
Veneta

Location

City
Veneta
County
Lane
Zoning
LD
Subdivision
Veneta

Taxes and dues

Annual taxes
$2,533 (2025)

Location

87958 8th St, Veneta, OR 97487

Map showing the location of 87958 8th St, Veneta, OR 97487
© Mapbox © OpenStreetMap

Monthly payment estimate

$1,382 /mo

20% · $44,000
7.00%
Principal and interest
$1,171
Property tax (2025)
$211
Total
$1,382

Estimate only, and not an offer of credit. Assumes 20% down ($44,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

Similar homes

Write to us

×

We’ll use this to reply, and for nothing else. Privacy Policy