5750 SW River Rd - River Road Investment Land Future Residential

7.62 Acres of Residential Land Offered at $1,799,000 in Hillsboro, OR 97123

Investment Highlights

  • Residential Home and 7 Stall Horse Facility
  • Future Expansion Plans can bring development to the site in the near future
  • Very Private On The Edge Of Hillsboro

Executive Summary

Once in a lifetime offering! Two parcels comprise this 7.62 acre small acreage on the West edge of The Reserve Golf Course and HOT South Hillsboro. Settle into this lovely 2,327 SF Ranch style, 3 BR, 2 BTH home with room for everyone. Stoke the soapstone woodstove, grab a coffee, and head onto the back deck, gardens, & fruit orchards! Shoot hoops or play pickleball on your private court with lights. Then it's time to feed the chickens and ride your horses in the 60x108 lit arena. Check the 36 X 72 Barn with seven stalls, all with paddocks. A great Equestrian property! Lights in the arena & barn, tack room, rubber mats, wash rack, & a round pen for training if you like! Not into horses? No problem- with a separate gate, fenced graveled lot & multiple storage buildings, this is a perfect spot for boats, work trucks & equipment, RVs, you name it.
A most excellent place to launch or support your enterprise! With extensive fenced pastures, woods, & areas to ride, this property has all the country you can handle right now. Now for the good part. Located in Rosa Reserve, this land is slated for future development. Land like this, once annexed, is selling for up to 1 Million per acre. It may be 5 to 10 years (or longer), but your investment here is going to pay off like no other, we think! A great 1031 investment with great rental potential, too- moreover, it is just a perfect country property for anyone wanting level usable land with grand buildings and a perfect setting! Home sits way back off Rosa Road and is so very private! Call Broker for a full packet!

Financial Summary (Actual - 2023)

Annual Annual Per AC
Gross Rental Income $48,000 $6,299.21
Other Income - -
Vacancy Loss - -
Effective Gross Income $48,000 $6,299.21
Net Operating Income - -

Property Facts

Price $1,799,000
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 7.62 AC

1 Lot Available

Lot 2

Price $1,799,000
Price Per AC $236,089.24
Lot Size 7.62 AC

This 7.62 acres consists of 2 parcels of land. It is identified as being in a future land expansion area for Hillsboro known as Rosa Park. Nearly adjacent to the Reserve Golf Course and Vineyards, this working farm has so much to offer now!

  • Listing ID: 32458366

  • Date on Market: 7/14/2024

  • Last Updated:

  • Address: 5750 SW River Rd, Hillsboro, OR 97123