Prime Development & Lifestyle Opportunity in GreshamDiscover an exceptional property offering both residential comfort and incredible development potential. Situated on 1.83 acres zoned LDR-7, this rare Gresham opportunity allows for the addition of up to 7 custom home lots or 25 townhomes (buyer to perform due diligence with the City of Gresham), creating a unique chance to generate income or offset your own housing costs.The existing home provides immediate livability with inviting spaces for today’s homeowner. Enjoy a spacious floor plan filled with natural light, well-appointed living areas, and generous bedrooms designed for comfort. Whether you choose to keep the home as your private retreat or position it for resale after development, the possibilities are abundant.A standout feature is the 1.18 acres of developable land, giving you flexibility to build new homes while maintaining your residence or turning the entire property into a profitable community project. The level lot, mature surroundings, and ideal zoning open the door to creativity and future value.Located in the heart of Gresham, one of Oregon’s fastest-growing cities, this property is poised to benefit from the region’s significant housing shortage. Gresham’s combination of strong community roots, expanding amenities, proximity to Portland, and rising demand for housing make it a prime location for new home development. With more people looking to call Gresham home, this property offers both immediate enjoyment and long-term potential.Whether you’re a homeowner seeking to leverage development to pay for your dream home, or an investor ready to seize one of the last remaining large parcels in the city, this property is a rare opportunity in today’s market.
Active
$1,500,000
2607 SW Pleasant View Dr, Gresham, OR 97080
5beds
3,046sqft
Est.:
Residential, Single Family Residence
Built in 1987
1.83 Acres Lot
$-- Zestimate®
$492/sqft
$-- HOA
What's special
Level lotMature surroundingsGenerous bedroomsNatural lightSpacious floor plan
- 70 days |
- 314 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: 21 hours ago
Listed by:
Stephanie Peck 503-832-0180,
eXp Realty, LLC
Source: RMLS (OR),MLS#: 356304683
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 4, Den, Bedroom 5, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Upper
Bedroom 5
- Level: Upper
Dining room
- Level: Main
Family room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Heat Pump
Appliances
- Included: Appliance Garage, Built In Oven, Cooktop, Dishwasher, Double Oven, Down Draft, Free-Standing Refrigerator, Plumbed For Ice Maker, Stainless Steel Appliance(s), Gas Water Heater, Tankless Water Heater
Features
- Ceiling Fan(s), Granite, Vaulted Ceiling(s), Cook Island, Kitchen Island
- Flooring: Laminate, Wall to Wall Carpet
- Windows: Double Pane Windows
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,046
- Total interior livable area: 3,046 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Off Street, RV Access/Parking, RV Boat Storage, Garage Door Opener, Attached
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Deck, Deck, Porch
- Exterior features: Yard
- Has view: Yes
- View description: Territorial
Lot
- Size: 1.83 Acres
- Features: Level, Acres 1 to 3
Details
- Additional structures: Gazebo, RVParking, RVBoatStorage
- Parcel number: R340427
- Zoning: LDR-7
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1987
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: DSL
Community & HOA
HOA
- Has HOA: No
Location
- Region: Gresham
Financial & listing details
- Price per square foot: $492/sqft
- Tax assessed value: $1,223,920
- Annual tax amount: $8,899
- Date on market: 10/2/2025
- Listing terms: Cash,Conventional,Owner Will Carry
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2025 | Listed for sale | $1,500,000$492/sqft |
Source:  RMLS (OR) #356304683 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,900 +11.1% | $476,390 +3% |
| 2023 | $8,013 +3.8% | $462,520 +3% |
| 2022 | $7,717 -0.4% | $449,050 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,004/mo
Principal & interest
$7291
Property taxes
$1188
Home insurance
$525
Climate risks
Neighborhood: Southwest
Nearby schools
GreatSchools rating
- 6/10Butler Creek Elementary SchoolGrades: K-5Distance: 0.7 mi
- 3/10Centennial Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Centennial High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Butler Creek
- Middle: Centennial
- High: Centennial
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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