Rare opportunity for builders, developers or investors to acquire 5.5 acres of residential development land in a highly desirable Gresham location. Situated south of Butler Creek Elementary and north of Kelly Creek, this property offers an ideal setting for a thoughtfully planned subdivision in an area with strong housing demand.Zoned LDR-5, the site comes with pre-approval from the City of Gresham and preliminary plans for an 18-lot subdivision—significantly reducing upfront entitlement risk and accelerating your path to development.
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98
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Zillow last checked:
Listing updated:
Listed by:
Emelia Wessel503-730-7077,
Premiere Property Group LLC
Source: RMLS (OR),MLS#: 535239138
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Rooms
Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
Level: Main
Heating
Baseboard
Features
Basement: Finished
Number of fireplaces: 2
Fireplace features: Insert, Wood Burning
Interior area
Total structure area: 2,600
Total interior livable area: 2,600 sqft
Property
Parking
Total spaces: 1
Parking features: Carport, Attached
Attached garage spaces: 1
Has carport: Yes
Features
Levels: Two,Multi/Split
Stories: 2
Waterfront features: Stream
Lot
Size: 5.5 Acres
Features: Gentle Sloping, Sloped, Trees, Acres 5 to 7
Details
Parcel number: R340878
Zoning: Ldr-5
Construction
Type & style
Home type: SingleFamily
Property subtype: Residential, Single Family Residence
Materials
Wood Siding
Foundation: Concrete Perimeter
Roof: Composition,Shingle
Condition
Resale
New construction: No
Year built: 1968
Utilities & green energy
Sewer: Septic Tank
Water: Well
Community & HOA
HOA
Has HOA: No
Location
Region: Gresham
Financial & listing details
Price per square foot: $692/sqft
Tax assessed value: $4,143,880
Annual tax amount: $7,910
Date on market: 4/13/2026
Listing terms: Call Listing Agent,Cash,Contract,Conventional,FHA,Owner Will Carry