For Sale477d on market
S Pacific Hwy W
Monmouth, OR, 97361 • 97361 • Polk County
$2,800,000
60.8 acLot
Property DNA
Waterfront Property
Waterfront
Territorial Views
Territorial
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
477 days on market
Established listing
About this home
Lot
Accepted Offer with Contingencies. ±60.83 acres in Monmouth city limits zoned for development. Adjacent to city park, close to WOU campus, and along Ash Creek. 35.84 ac Zoned RS (low density residential) w/single-family conceptual PUD (city indicates will need to be revised to <150 lots). Wetlands delineated. RS zone allows for single-family, duplex, cottage clusters. Remainder of property is in PS (public service) Zone w/Conservation Easement. Buyer responsible for all due diligence regarding any future use or development of the property.
Estimated monthly payment
Based on current rates
$18,262/month
Principal & Interest$14,529
Property Tax$2,800
Insurance$933
Down payment20% ($560,000)
3%50%
Est. 6.75% rate · 30yr fixed · $2,240,000 loan
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At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Parking & Outdoor
FencingPartial
Lot60.83 Acres
Location & Tax
Neighborhood97361
ZoningRS, PS
Annual tax$1,097
Features & details
1 category of property features
Exterior Features
Views
Territorial
Listing insights
Market data and value estimates
StatusFor Sale
Days on market477
Tax rate0.80%
On marketDec 5, 2024
PostedDec 5, 2024
MLS updatedDec 2, 2025
Tour days6
Views5
How are the schools in Monmouth?
3 schools rated nearby
Location
Monmouth, OR, 97361
Price history
2 events
DateEventPrice$/sqftSource
Feb 28, 2025Contingent$2,800,000—WVMLS
Dec 5, 2024Listed For Sale$2,800,000—WVMLS
Contingent$2,800,000
Feb 28, 2025•WVMLS
Listed For Sale$2,800,000
Dec 5, 2024•WVMLS
Nearby homes
Neighborhood details
Local context around this listing
Monmouth, OR • Polk County
Nearby cities
DallasEolaFalls CityGrand RondeIndependenceMonmouthRickreallSheridan
Nearby zip codes
97361
Similar homes
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
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