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Attention Investors: High-upside opportunity on a 1.19 acre lot $325,000

27212 8TH St, Junctioncity, OR 97448

3 br, 1.0 ba, 1947 1228 sf
Lane County
Ad #: 7432840

Home For Sale near Fern Ridge Lake

Attention Investors: High-upside opportunity on a 1.19 acre lot in the heart of Alvadore! This unique property features two legally established dwellings (built prior to 1967), offering rare dual-income potential for a primary residence plus rental or multi generational living. Positioned with stunning Coast Range sunset views between the Eugene Airport and Fern Ridge Lake, the oversized lot provides potential for division - buyer to perform all due diligence regarding zoning and partition. Key infrastructure is already in place, including a newer well pump (approx. 5 years) and a recent electrical panel and water heater in the front unit. While the structures require remediation-specifically addressing dry rot and the heat source-the underlying land value and location in this high-demand bedroom community make it a prime candidate for a rehab or redevelopment project. The seller is currently working on clearing the site of vehicles, and detailed inspection reports will be available soon for serious inquiries. Secure this *diamond in the rough* and capitalize on the growing Alvadore market today. This property is priced for a quick cash sale. Seller prefers to allow full market exposure through March 24th; however, a strong, early offer may be considered for an expedited sale.

Property Details

  • Beds: 3
  • Baths: 1.0
  • Sq Feet: 1228
  • Year Built: 1947
  • Location: Fern Ridge Lake
  • Acres: 1.190
  • ViewTypes: Territorial
  • County: Lane County
  • Heat/AC: Forced Air
  • Roof: Shingle
  • Stories: 1
  • Property Taxes: $3,328
  • MLS #: 372261417

Location

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Contact Information:

Contact Agent
Listing Agent: Cheryl Chambers, Hybrid Real Estate, 541-689-4621, 541-343-0322 Listing Site, Listing Status: Active
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Junctioncity, Oregon
Ad Number : 7432840
Viewed: 8 times
Added: Mar 17, 2026
Updated on: Mar 17, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.