A rare opportunity to design and build a custom home in close-in Portland, just one mile southwest of downtown and near OHSU. This lot offers street frontage, a natural ravine setting, and additional buildable area beyond—creating a unique canvas for architecture that responds to the landscape, privacy, and surrounding mature trees.An adjacent vacated street provides added flexibility for access, staging, and site planning—an increasingly valuable advantage for construction in this location.Zoned R5 with a C,z (Constrained Site/Environmental Overlay), the property supports single-family development with an emphasis on environmental sensitivity. The sloped topography lends itself to creative design solutions, including daylight basements, terraced construction, or a home that integrates seamlessly into its natural setting.The opportunity expands with two additional nearby parcels, including a neighboring lot with a dedicated staging area and another contiguous lot (RMLS# 396419600 & 141582666), offering potential for assemblage into a cohesive multi-home project, private compound, or boutique-scale development.Utilities are nearby and public transit is within walking distance, providing convenient access to downtown Portland, OHSU, PSU, and the South Waterfront.Opportunities combining location, natural setting, and development flexibility are increasingly rare. Buyer to complete all due diligence regarding development potential, utilities, and buildability.
355 days
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59
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3
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Zillow last checked:
Listing updated:
Listed by:
Peter Clark503-314-3404,
Keller Williams Realty Portland Premiere,
Alexander Clark503-810-3295,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 308963076
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Property
Features
Has view: Yes
View description: City, Territorial, Trees/Woods
Lot
Size: 7,405 Square Feet
Dimensions: 66 x 160 x 161 x 50
Features: Corner Lot, Trees, Steep Slope, SqFt 7000 to 9999
Details
Parcel number: R327887
Zoning: R5 Cz
Utilities & green energy
Utilities for property: Cable Available, Natural Gas Available, Water Available
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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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