Exceptional development opportunity in Lowell, just 20 minutes from Eugene. This 2.12-acre parcel includes tentative subdivision approval with the City of Lowell for 11 total lots, offering builders and investors a major head start on a highly desirable small-scale subdivision. The property also includes an existing newly remodeled 2 bedroom home that is currently rented month-to-month, providing income during the development process. The site is largely cleared, utilities are nearby, soils are favorable, and the project aligns with Lowell’s current residential growth needs.This is an ideal opportunity for a builder or developer seeking a manageable, profitable project supported by city momentum. More information regarding pre approval packet with the City of Lowell, engineers concept plans, and city correspondence available.
Active
Price cut: $205K (1/28)
$1,150,000
287 E 3rd St, Lowell, OR 97452
--beds
0baths
2.12Acres
Unimproved Land, Single Family Residence
Built in ----
2.12 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 130 days |
- 89 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: April 03, 2026 at 05:12pm
Listed by:
Jody Spier jody.spier@worksrealestate.co,
Works Real Estate
Source: RMLS (OR),MLS#: 314382332
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Features
- Has view: Yes
- View description: City, Territorial
- Body of water: Dexter Lake
Lot
- Size: 2.12 Acres
- Features: Cleared, Corner Lot, Level, Acres 1 to 3
Details
- Additional structures: Existing Structures, Garage
- Parcel number: 0814663
- Zoning: R-3
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lowell
Financial & listing details
- Tax assessed value: $364,364
- Annual tax amount: $2,548
- Date on market: 11/25/2025
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/28/2026 | Price change | $1,150,000-15.1% |
Source:  RMLS (OR) #314382332 Report a problem | ||
| 1/27/2026 | Listing removed | $1,895 |
Source: Zillow Rentals Report a problem | ||
| 1/19/2026 | Listed for rent | $1,895 |
Source: Zillow Rentals Report a problem | ||
| 11/26/2025 | Listed for sale | $1,355,000 |
Source: RMLS (OR) #346012767 Report a problem | ||
| 9/23/2025 | Listing removed | $1,895 |
Source: Zillow Rentals Report a problem | ||
| 9/16/2025 | Listed for rent | $1,895 |
Source: Zillow Rentals Report a problem | ||
| 5/20/2025 | Listing removed | $1,895 |
Source: Zillow Rentals Report a problem | ||
| 4/23/2025 | Listed for rent | $1,895 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,902 +13.9% | $186,393 +3% |
| 2024 | $2,548 +2.7% | $180,965 +3% |
| 2023 | $2,482 +3.7% | $175,695 +3% |
| 2022 | $2,393 +2.8% | $170,578 +3% |
| 2021 | $2,328 +3.2% | $165,610 +3% |
| 2020 | $2,255 +4% | $160,787 +3% |
| 2019 | $2,169 +3.2% | $156,104 +3% |
| 2018 | $2,102 | $151,558 +3% |
| 2017 | $2,102 +13% | $147,144 +3% |
| 2016 | $1,860 +3% | $142,858 +3% |
| 2015 | $1,806 +1.9% | $138,697 +3% |
| 2014 | $1,771 +4.8% | $134,657 +3% |
| 2013 | $1,690 +7.6% | $130,735 +3% |
| 2012 | $1,571 | $126,927 +3% |
| 2011 | -- | $123,230 +2653.7% |
| 2010 | -- | $4,475 +3% |
| 2009 | -- | $4,345 -96.1% |
| 2008 | -- | $112,773 +3% |
| 2007 | -- | $109,488 +3% |
| 2006 | -- | $106,299 +3% |
| 2005 | -- | $103,203 +3% |
| 2004 | -- | $100,197 +3% |
| 2003 | -- | $97,279 -38.4% |
| 2000 | -- | $157,816 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97452
Nearby schools
GreatSchools rating
- 7/10Lundy Elementary SchoolGrades: K-6Distance: 0.4 mi
- 4/10Lowell Junior/Senior High SchoolGrades: 7-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Pleasant Hill
- Middle: Lowell
- High: Lowell
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 97452
- Oregon
- Lane County
- Lowell
- 97452
- 287 E 3rd St
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