An attractive 7.2-acre development opportunity in one of Newberg’s strongest growth nodes. Currently improved with a single-family home and farmland, the parcel is positioned for possible future redevelopment. Strong demographics, limited supply, and a clear community need for more housing make this a compelling addition to any investment pipeline. Buyer to perform all due diligence with the city and appropriate governing agencies.
Active
$3,950,000
3312 E Fernwood Rd, Newberg, OR 97132
--beds
0baths
7.2Acres
Unimproved Land, Single Family Residence
Built in ----
7.2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 61 days |
- 140 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 07:51am
Listed by:
Kelly Hagglund 503-330-2089,
The Kelly Group Real Estate
Source: RMLS (OR),MLS#: 709367555
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 7.2 Acres
- Features: Corner Lot, Level, Acres 7 to 10
Details
- Additional structures: Existing Structures, Residence, Workshop
- Parcel number: 63086
- On leased land: Yes
- Land lease expiration date: 1798675200000
- Zoning: RR
Utilities & green energy
- Sewer: Standard Septic
- Water: Well
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Newberg
Financial & listing details
- Annual tax amount: $2,289
- Date on market: 12/4/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Listed for sale | $3,950,000 |
Source:  RMLS (OR) #709367555 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 97132
Nearby schools
GreatSchools rating
- 7/10Mabel Rush Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10Mountain View Middle SchoolGrades: 6-8Distance: 1.1 mi
- 7/10Newberg Senior High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Mabel Rush
- Middle: Mountain View
- High: Newberg
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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