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.
Vacant landProperty Type
7.2 acresLot Size
$548,611Price/Acres
Listed by Kelly Hagglund• The Kelly Group Real Estate
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
11 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Newberg, OR • 97132
Average low and high temperatures (°F)
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35
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36
55
41
63
43
69
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82
55
84
59
77
55
60
45
51
42
49
40
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Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 19% for direct sun exposure in Newberg. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3312 E Fernwood Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $508,860 and $995,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $509K to $995K.