1721 SW BUTLER RD, Gresham, OR 97080

$750,000

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List Price
$750,000
Price Change
▼ $45,000 1784259282
Days on Market
113
MLS#
477658964
Property Type
Land
Lot Size
3 to 4.99 Acres
Region
Gresham, Sandy, Troutdale, Corbett
Status
ACTIVE

Property Description

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.

Additional Information

Tax Amount
$4,105
High School
Centennial
Elementary School
Butler Creek
Middle School
Centennial
Acres
3.88
Property Type
Single Family Residence
Terms
Cash, Conventional
View
Territorial
Utilities Included
Electricity Connected, Public Sewer, Septic Tank, Well
Number Of Lots Total
1
Road Frontage Yn
Yes
Soil Type Classification
Native
Present Use
Residential
Road Surface
Paved

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Calculator source: Real Geeks

Listing courtesy of Keller Williams PDX Central.

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