811 NE 92nd – Montavilla News

Instrinsic Homes LLC bought the expansive 100-foot by 100-foot property at 811 NE 92nd Avenue a year ago. The new owners split the land into three parcels, selling the corner house to new residents and selling the undeveloped lots to Dez Development. Soon nine townhomes will surround the existing 1925-era home, creating a total of ten residences out of land previously used for just one single-family-dwelling.

Splitting the lot and reselling the separate parcels netted Instrinsic Homes around $250,000 and created two new development opportunities. The 4,455-square-foot property accessed from NE Oregon Street will contain six residences. The smaller 2,103 square-foot undeveloped lot fronted on NE 92nd Avenue will support three townhouses. Each of those Townhouse units split living space across two floors. The developer has not proposed onsite parking for these projects.

This site redevelopment will preserve the nearly 100-year-old home while substantially increasing available housing. Although this will be one of the most efficient redevelopments in Montavilla, it is two units less than the eleven-townhouse development planned at 2321 SE 89th Avenue or the Twelve Townhouses nearly completed on SE 86th Avenue. The SE 89th project will also preserve the original home, but the SE 86th development razed the existing structures. Expect construction to start on NE 92nd Avenue in the next six to eighteen months, and anticipate many new neighbors within this area by 2024.

Jacob Loeb

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The new owners of 811 NE 92nd Avenue recently proposed splitting the corner lot into three parcels. An existing house built in 1925 will remain on the property contained within a 3,417 square foot lot. The property line adjustments will create a full-sized lot fronted on NE Oregon Street with 4,455 square feet. A small 2,103 square foot lot proposed north of the existing house formerly housed a detached garage. Demolition crews removed that structure, leaving only a foundation wall and concrete slab.

Although these property line adjustments will make space for several new homes, the developers have not filed permit applications for additional work. The owners of this property have taken care to retain the nearly 100-year-old home while making use of the underdeveloped property. The site slopes to the northwest but is otherwise ideal for additional housing. After the City approves the proposed land division, expect to see building permit applications within the next six to twelve months.