16553 SW MEINECKE RDSherwood, OR 97140

Incredible rare parcel with development and investment potential, close to parks and historic downtown Sherwood! Includes 1.93 acres across two lots, with an existing home on 0.26 acres, and a 1.67-acre vacant lot prime for development. Zoned MDRL (Medium Density Residental Low) which allows for 8-12 units per acre, providing options for either a traditional land division or a cottage cluster development. Located on SW Meinecke, a key corridor to downtown, its flat terrain and potential rezoning make it a strong investment. Whether renovating, developing, or investing, this property is a fantastic opportunity in Sherwood’s growing market. Near Stella Olsen Park, with walking trails, expansive green spaces, amphitheater, creek, picnic shelter, and playground. Adjacent to Cedar Creek trail, and in close proximity to the heart of Sherwood, with its restaurants, shops, farmer's market, libary, Center for the Arts, and much more!