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.
Keller Williams PDX CentralLicense #920400264Listed on: 04/06/2026
Property Details
Property Type
Land
Est. Annual Taxes
$4,106
Lot Details
3.88 Acre Lot
Property fronts a private road
Secluded Lot
Gentle Sloping Lot
Landscaped with Trees
Property is zoned LDR
Schools
Butler Creek Elementary School
Centennial Middle School
Centennial High School
Utilities
Well
Septic Tank
High Speed Internet
Additional Features
Territorial Views
Pasture
Community Details
No Home Owners Association
Listing and Financial Details
Assessor Parcel Number R240586
Property Details
Property Type
Land
Est. Annual Taxes
$4,106
Lot Details
3.88 Acres
Listing Details
Standard Status: Active
MLS Status: Active
Property Type: Land
Property Sub Type: SingleFamilyResidence
Property Attached Yn: No
CropLandLeaseYN: No
Current Price For Status: 825000.0
Open House: No
Special Features: None
Interior Features
Lot Size Range: Acres3to5
Exterior Features
Lot Size: 3 to 4.99 Acres
Waterfront: No
View: Yes
Road Frontage: Yes
Lot Features: Pasture, PrivateRoad, Secluded, Trees
Road Surface Type: Paved
Disclosures: Disclosure
View: Territorial
Garage/Parking
Attached Garage: No
Utilities
Utilities: ElectricityConnected, PublicSewer, SepticTank, Well
Internet Service Type: Cable
Cooling Y N: No
Heating Yn: No
Association/Amenities
Existing Structures: Yes
Condo/Co-op/Association
Association: No
Schools
Elementary School: Butler Creek
High School: Centennial
Middle Or Junior School: Centennial
Lot Info
Zoning: LDR
Present Use: Residential
Soil Condition: Native
Soil Type Classification: Native
Land Description: GentleSloping
Land Lease: No
Lot Size Acres: 3.88
Lot Size Sq Ft: 169012.0
Number Of Lots: 1
Parcel #: R240586
Green Features
Green Certification: No
Rental Info
Availability: Sale
Tax Info
Tax Year: 2025
Tax Annual Amount: 4105.75
Tax Opportunity Zone: No
Map
Range of Values:
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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2025
$4,106
$216,810
--
--
2024
$3,933
$210,500
--
--
2023
$3,541
$204,370
$0
$0
2022
$3,410
$198,420
$0
$0
2021
$3,423
$192,650
$0
$0
2020
$3,151
$187,040
$0
$0
2019
$3,075
$181,600
$0
$0
2018
$2,949
$176,320
$0
$0
2017
$2,851
$171,190
$0
$0
2016
$2,767
$166,210
$0
$0
2015
$2,693
$161,370
$0
$0
2014
$2,628
$156,670
$0
$0
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Event
Price
List to Sale
Price per Sq Ft
05/09/202605/09/26
Price Changed
$825,000
-5.7%
--
04/06/202604/06/26
For Sale
$875,000
--
--
Source: Regional Multiple Listing Service (RMLS)
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Brent E. Maxson is a licensed real estate broker in Oregon and Washington with more than 30 years of experience helping clients buy and sell homes throughout the Portland metropolitan area. Brent works with buyers, sellers, and investors in residential homes, small multifamily properties such as duplexes, triplexes, and fourplexes, as well as raw land opportunities. A graduate of the University of Oregon, Brent also participated in study abroad programs in Tokyo and Copenhagen, experiences
This custom-built home was designed and constructed for the current owners with a strong emphasis on durability, craftsmanship, and long-term livability. Quality materials are evident throughout, including fiber-cement board siding, hard wood flooring, custom cabinetry, and stainless steel appliances. The composite front porch offers low-maintenance longevity and enhances the home's welcoming
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