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3312 E Fernwood Rd, Newberg
$3,950,000
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- Lot size
- 7.2 acres
- Property type
- Land
- Days on market
- 167
Overview
An attractive 7.2-acre development opportunity in one of Newberg’s strongest growth nodes. Currently improved with a single-family home and farmland, the parcel is positioned for possible future redevelopment. Strong demographics, limited supply, and a clear community need for more housing make this a compelling addition to any investment pipeline. Buyer to perform all due diligence with the city and appropriate governing agencies.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 7.2 acres
- Lot features
- Corner Lot
- View
- Yes
- View description
- Territorial
Schools
- High school
- Newberg
- Middle school
- Mountain View
- Elementary school
- Mabel Rush
Location
- City
- Newberg
- County
- Yamhill
- Zoning
- RR
Taxes and dues
- Annual taxes
- $2,290 (2025)
Location
3312 E Fernwood Rd, Newberg, OR 97132
Monthly payment estimate
$21,214 /mo
- Principal and interest
- $21,024
- Property tax (2025)
- $191
- Total
- $21,214
Estimate only, and not an offer of credit. Assumes 20% down ($790,000) 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.
