Rare opportunity to own 5.55 acres of rural residential land in a convenient Gresham location just east of the Portland border and north of Clackamas. Zoned RR (Rural Residential), this property offers space, privacy, and potential for a custom home or future development (buyer to verify).The land features a natural mix of trees and open areas with level to gently rolling terrain, offering flexibility for a variety of residential uses while maintaining a sense of privacy and separation from neighboring properties.Once part of the historic Richey family homestead, the property carries a unique sense of history and legacy while offering an opportunity to create something entirely your own. Access from both SE Foster Rd and SE 172nd Ave provides flexibility and convenience while maintaining a tucked-away rural feel.Utilities are available nearby, including electricity and water (buyer to verify all utility access, septic, sewer availability, and development requirements). Existing barn structure of no value.Conveniently located approximately 14 miles to PDX, 15 miles to Downtown Portland, and 8 miles to Mt. Tabor and Southeast Portland amenities.Buyer to perform all due diligence regarding zoning, land use, utilities, wetlands, access, and development potential. Developer packet available upon request.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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