With 20% down, Seller will carry note for the remaining principal, secured by a 1st trust deed, at 6% interest, amortized over 30 years, with all principal and interest due in 5 years. Development opportunity for a gated rural subdivision consisting of 9 one acre lots. All lots are flat. Most of the engineering has been completed. County and DEQ had previously approved subdivision, now expired. Plan includes a community septic system that was approved by DEQ prior to halt of construction. A community water system is planned and partially installed with service from 3 high production wells. Mainlines for storm drains, electric power, phone, cable and street lights are installed underground. Private road is ready for paving. The property is just 5 minutes from downtown
Rogue River N.
|Lot acreage is: 9.89|
|Lot has mountain view|
|Subdivision: Country Meadow Estates|
|Lot zoned: UR-1|