$875000
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Bed
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Bath
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SqFt
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0 DOM
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Built:
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Status: Active
Love this home?
Discover the potential of this rare 3.88-acre residential parcel ideally positioned for future development. With a brand-new subdivision nearing completion just down the road, the momentum for new housing in the area is already underway—making this an exciting opportunity for builders, developers, or investors looking to secure their next project. The existing home is currently owner-occupied, but the true value lies in the land and its development possibilities.Preliminary concepts suggest the potential for a thoughtfully designed residential community, with room for multiple homes (buyer to verify with city). A certified arborist tree inventory has already been completed, offering helpful insight for planning and site design. Early discussions indicate utilities such as water and sewer may be extended from the north side of the property, creating a logical path for future infrastructure (buyer to verify).Located along Butler Road, future development may include frontage improvements such as sidewalks and related enhancements, consistent with nearby new construction. Depending on final engineering, grading and retaining solutions may be incorporated into a cohesive subdivision design. The surrounding area is experiencing growth, and the nearby new subdivision highlights the strong demand for new homes in this desirable location.Builders may envision a boutique subdivision, a cluster of new homes, or even a luxury estate concept utilizing the full acreage. The existing residence provides flexibility for interim use while development plans are explored. Whether you're looking to build now or secure land for your next project, this property offers scale, flexibility, and timing aligned with nearby development activity.Opportunities of this size with development potential—especially near newly built communities—are increasingly hard to find. Bring your vision and explore the possibilities. Buyer to perform all due diligence regarding zoning, density, and utilities.
Listing Provided Courtesy of Brent Maxson, Keller Williams PDX Central
General Information
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477658964
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SingleFamilyResidence
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0 DOM
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3.88 acres
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LDR
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Multnomah
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R240586
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Butler Creek
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Centennial
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Centennial
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Land
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SingleFamilyResidence
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PARTITION PLAT 1999-73, LOT 2 INC PT IN ST
Listing Provided Courtesy of Brent Maxson, Keller Williams PDX Central
PDXA1 Realty Group data last checked: Apr 06, 2026 15:54 | Listing last modified Apr 06, 2026 04:08,
Source:
Residence Information
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-
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-
-
-
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-
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-
-
-
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No
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-
-
-
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Features and Utilities
Financial
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4105.75
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0
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Cash,Conventional
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04-06-2026
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No
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No
Comparable Information
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0
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0
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Cash,Conventional
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$875,000
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$875,000
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Apr 06, 2026 04:08
Schools
Map
Listing courtesy of Keller Williams PDX Central.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Apr 06, 2026 15:54 | Listing last modified Apr 06, 2026 04:08.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
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Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
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