Estimated payment $6,177/month
First time on the market in nearly 50 years! Unique opportunity with THREE detached homes on one 3.55 acre lot. Each home is perfectly positioned on the property with ample yard space, private decks, garages, an individual septic system and a shared well. Let your imagination run wild! Could this be your compound with family or friends? Multigenerational living? An investment property? Or mix it up and live in one, long term rent one and short term rent one for a diverse investment property. These homes have been lovingly updated and maintained with care. Unit 1 (20200 E Peter Place) - 2 bed/1 bath, 773 SqFt, 1 car garage, completely rebuilt in 2021 Unit 2 (20210 E Peter Place) - 3 bed/2 bath, 885 SqFt, 1 car garage, remodeled in 2021. Unit 3 (20220 E Peter Place) - 2 bed/1 bath, 785 SqFt, 1 car garage + carport, remodeled in 2021 (currently vacant and the only unit available for showings at this time.) All three homes have updated kitchens, stainless steel appliances, LVP flooring, washer/dryer in unit, wood fireplace or woodstove and newer decks. This property is conveniently located off HWY 26 - 20 minutes to skiing, 15 minutes to Sandy and 1 hour to Portland or PDX. Just 5 minutes down the road are the Mt. Hood Villages with restaurants, groceries, cafes, shopping and services. Tucked along the foothills of Mt. Hood your outdoor adventure awaits with hiking, Mt. biking, snow sports plus gorgeous rivers and lakes at your fingertips. These homes have been successful long term rentals for decades. Current Rental Financials include: Gross Rental Income $83,520 and Estimated Operating Expenses $22,000 = Estimated Net Income $61,520. Ask your agent for a full financial packet with details. Additional Info: Photos are primarily of 20220 (Unit 3.) Short term rentals are currently allowed per Clackamas County regulations - buyer to do due diligence. Est. SqFt for Units 1 & 2. Please no drive bys, do not disturb tenants.
Last Listed By
Keller Williams Realty Professionals License #200612240 Listed on: 05/28/2025
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Property Views
Home Design
Interior Spaces
Kitchen
Bedrooms and Bathrooms
Laundry
Schools
Utilities
Additional Features
Community Details
Listing and Financial Details
| Year | Tax Paid | Tax Assessment Tax 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 |
|---|---|---|---|---|
| 2023 | $6,912 | $471,520 | $0 | $0 |
| 2022 | $6,557 | $457,787 | $0 | $0 |
| 2021 | $5,147 | $360,722 | $0 | $0 |
| 2020 | $3,215 | $222,993 | $0 | $0 |
| 2019 | $3,198 | $216,499 | $0 | $0 |
| 2018 | $3,058 | $210,193 | $0 | $0 |
| 2017 | $2,989 | $204,071 | $0 | $0 |
| 2016 | $2,885 | $198,127 | $0 | $0 |
| 2015 | $2,805 | $192,356 | $0 | $0 |
| 2014 | $2,735 | $186,753 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | For Sale | $997,800 | -- | $1,271 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Individual Deed | $60,814 | -- |
$865,000
Charming Riverfront Craftsman Retreat. Discover this private two-level craftsman home on a serene park like half-acre along the Sandy River. Featuring wood plank floors, vaulted ceilings, custom cabinetry, skylights, and a cozy fireplace, this home offers warmth and character throughout. French living room doors open to a spacious covered deck and patio with a breathtaking backyard river view.
Greg Messick RealtyNET, LLC
$910,000
Experience private country living in this like-new, single-level custom home set on a peaceful 5-acre parcel. Built with quality and attention to detail, the home features high-end finishes throughout, including slab granite countertops, stainless steel appliances, custom cherry cabinetry, 3/4" solid hardwood floors, cultured stone accents, and rich millwork. Vaulted and high ceilings add to the
Nicole Richards eXp Realty, LLC
$950,000
Nestled in a private and serene setting, this spacious home boasts open beam high ceilings, an abundance of built-in features, and numerous windows that fill the interior with natural light. The primary suite on the main floor is a true retreat featuring a jetted tub, separate shower, double sink vanity and a massive walk-in closet. Pristine hardwood flooring flows through the main living areas
Jason Shuler John L. Scott Sandy
$1,100,000
Welcome to your dream property! This spacious and meticulously maintained ranch-style home offers both comfort and convenience for everyday living while providing an incredible income and investment opportunity. Conveniently located just minutes from the bustling heart of Sandy, spanning 9.85 acres, this prime piece of land offers endless possibilities.This stickbuilt home with a full basement
Denis Sieben Engel & Volkers West Portland
$875,000
JEWELBERRY MEADOWS! 20 Lot Subdivision BUILD TO SUIT- Homes to range to range $650,000.-$850,000. 1 Story Ranches, 2 story, Some lots have Alley's, Options for ADU, RV Parking & Shop. Bring us your floorpan ideas or builder has plans that can be built. Plat is recorded and homes are being built. Don't miss this opportunity to customize a home that fills your wish list. Lender that works with
Kimberlee Wardle-Elbel Windermere Realty Trust
$1,250,000
Escape to your own private oasis on this picturesque property. A serene creek-fed pond, a bountiful fruit orchard, and lush green pastures create a tranquil setting perfect for relaxation and outdoor activities. The charming farmhouse, updated with modern amenities, offers comfortable living spaces. Multiple barns, including a 24x12 cabin by the lake, a 24x24 four-stall horse barn, an outdoor
Justin Evans Realty One Group Prestige
$1,069,900
Nestled in a prime location just minutes from town on a quiet dead-end road, this beautiful property spans across five acres of level land, offering ample space for expansion and accommodating animals. The centerpiece is a meticulously designed 36x48 shop with concrete floor garage door openers, and plumb for air with 160psi air compressor, with a convenient storage loft inside. RV enthusiasts
Michelle Way Exclusive Homes Real Estate
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 216512944
APN: 00711849
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.