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2119 Williams Hwy
Grants Pass, OR 97527

$1,000,000 USD

Land For Sale  •  4.47 AC

Property Details

  • Property Type Land
  • Lot Size 4.47 AC
  • Zoning R4-2
0 Transit Score
50 Walk Score

Description

The Williams Highway East Parcel is a contiguous assemblage of three Josephine County tax lots totaling 4.47 acres with continuous frontage on Williams Highway, the primary residential spine connecting south Grants Pass to the Williams/Murphy growth area (Assessor Map 360530BD). The assemblage comprises a 3.07-acre lot at 2131 Williams Hwy improved with a leased single-family home and barn (R316942); a 0.38-acre lot at 2119 Williams Hwy improved with a leased 1935-built 1BR/1BA dwelling of approximately 392 SF (R337867); and a 1.02-acre open lot (R316941, improvement status being confirmed with title). Beyond the two homesites, the ground is open, developable meadow running from the highway frontage to a treed boundary — the site sits on the flat corridor bench, with foothill contours beginning east of the property. NRCS mapping places the assemblage among Clawson, Barron, and Holland sandy loam units at 2–7 percent slopes.

The corridor context is the asset's real story. Williams Highway is an established south-side arterial that already carries the rooftops, schools, and daily-needs retail a residential community wants around it — settled corridor, services in the street, and finite developable land inside the urban growth boundary. The corridor has seen sustained subdivision and multi-family activity, including the fully entitled 46-unit community immediately adjacent, and R-4 zoning is already seated along Williams Hwy and W. Harbeck Rd to the north. Existing homes are served by well; municipal water, sewer, and corridor utilities are present in the immediate area, with connection points and capacity to be confirmed in diligence. Frontage access is subject to ODOT limited-access provisions of record; approach configuration to be verified with ODOT and the City.

Grants Pass is the county seat and dominant population center of Josephine County — roughly 40,000 residents in the city, 88,000 countywide — sitting on I-5 almost exactly halfway between San Francisco and Portland, where US-199, Southern Oregon's only route to the coast, meets the interstate. The economy is anchored by healthcare (Asante Three Rivers Medical Center, a 125-bed acute-care hospital among the county's largest employers), education (Rogue Community College), and a year-round tourism and outdoor-recreation base on the Rogue River — a diversified small-metro payroll that holds population through cycles. Growth runs on steady net in-migration: households selling out of higher-cost West Coast metros and buying here for cost and quality of life, skewing equity-rich and ownership-minded.

The subject's ZIP (97527) reflects exactly that profile: 72.8% owner-occupancy, a $481,099 median home value, a median age of 48.4, and household incomes above both city and county medians and forecast to keep climbing — while the renter base shrinks as families convert to ownership (Esri 2025). Against that demand, supply barely moves: housing stock grew just 3.7% in fourteen years, and the local for-sale inventory is overwhelmingly aging detached homes with a thin, dated attached segment. New, attainably priced corridor housing sits precisely where that demand and that supply gap meet — and this is 4.47 acres of the corridor best positioned to deliver it.

The offering fits four buyer profiles naturally: the merchant developer who entitles and resells the shovel-ready site; the multi-family builder who delivers the community; the patient land banker who lets in-place rent offset carry while holding the optionality; and the adjacency buyer already working this corridor who wants control of the contiguous land next door and the planning leverage of assembling both sides. Acreage, lot lines, and all site characteristics per county assessor and third-party mapping; buyer to verify by survey and independent diligence.

Highlights

4.47 acres across three contiguous tax lots at $223,714/acre — roughly 40 cents on the dollar of the entitled asking benchmark next door.
$16,200/year in verified month-to-month rental income carries the hold while the density work proceeds.
±16–19 lots by right under today's R-1-8, with middle-housing and PUD programs at up to twice that scale — no rezone required.
Adjacent 46-unit entitlement — proves this corridor entitles density, including on the subject's own zoning.
No market-rate 40+ door attached project is vertical anywhere in Grants Pass; the competitive pipeline is still unbuilt land.
Grants Pass housing market is tightening fast — 3.9 months of supply (-38.6% YoY), 18-day median DOM, and a $490K new-construction median anchoring th

Property Flyers

Christopher Pfau 458-220-8881 Coldwell Banker Professional Group
Christopher Pfau 458-220-8881 Coldwell Banker Professional Group