Listed by: Chris Pfau · Coldwell Banker Commercial Professional Group

$1,000,000
  • — beds
  • 0 baths
  • — sqft

2131 Williams Highway, Grants Pass, OR 97527

Est. $5,765/moPayment calculator
  • Single familyHome type
  • Built in 1980Year built
  • 4.47 acresLot
  • NoneHOA

About this home

  • Listed Jul 15, 2026
  • 79 days on market
  • 18 photos

COVERED LAND PLAY -- 4.47 ACRES, 3 TAX LOTS, REZONE UPSIDE + IN-PLACE INCOME. Three contiguous lots with continuous, high-visibility frontage on Williams Highway, a primary Grants Pass growth corridor. Zoned R-1-8 supporting a +/-16-19 lot by-right subdivision, plus duplex, townhome & cottage-cluster options under Oregon middle-housing law -- no rezone required. The full density thesis runs through an R-4 rezone, and the path is proven next door: the adjacent parcel, under common ownership, is fully entitled for 46 townhomes. Two existing homes generate $16,200/yr of verified month-to-month rent to offset carry while a buyer pursues entitlements. Single-LLC seller, one signature authority, one clean close. A rare land bank on a supply-constrained corridor drawing sustained in-migration from higher-cost West Coast metros. Buyer to verify zoning, rezone feasibility, utilities, assessments, and all development potential.

Facts & features

Interior

Bathrooms
0
Levels
One

Heating & cooling

  • Forced Air
  • Natural Gas
  • Wall/Window Unit(s)

Flooring

  • Carpet

Property

Lot size
4.47 acres
Subdivision
N/A

Parking

  • Driveway

Construction

Home type
Single family
Property type
Commercial Sale
Year built
1980

Materials

  • Frame
  • Composition roof

Utilities

Sewer & water

  • Public Sewer
  • Well water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Josephine

Financial & listing details

List price
$1,000,000
Annual property tax
$6,003
Date on market
Jul 15, 2026
Days on market
79
MLS#
220225290

Price & status history

DateEventPrice
Jul 15, 2026Listed for sale$1,000,000

Neighborhood

  • SubdivisionN/A
  • CityGrants Pass, OR 97527
  • CountyJosephine

Payment calculator

Estimated monthly payment

$5,765/mo

  • Principal & interest$5,057
  • Property taxes$500
  • Homeowners insurance$208
  • HOA dues$0

Loan amount $800,000 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

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Listing provided by Coldwell Banker Commercial Professional Group · Listing agent: Chris Pfau

Source
MLS of Central Oregon
MLS#
220225290
Last updated
Jul 21, 2026 at 5:52 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.