For Sale > Quail Valley Golf Course Residential Land

12565 NW Aerts Road Banks, OR 97106

  • 22.1 Acres
  • Land Residential
  • For Sale

Summary Description

The property is annexed residential and commercial land located adjacent to the Quail Valley Golf Course in Banks, Oregon.

 

The zoning allows medium and high denisty single family residential plus a 2.5 acre commercial parcel that can be converted to residential

Property Status: For Sale

Price: $6,000,000.00

Area Available: 22.1 Acres

Features:

  • The subject property is both in the UGB and annexed into the City of Banks
  • The City of Banks Comprehensive Plan calls for annexation of a total of 144 acres west of Main Street and south of Banks Road accompanied with improved roads and utilities to support development
  • The property qualifies for USDA loans providing up to 100% financing for qualified homebuyers
  • The ownership has excellent consultants working on the key infrastructure issues
  • The City of Banks is very supportive of development of properties to the east of the railway line
  • The land is flat with no significant wetlands

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