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Amanda Richards

amanda@aandwsellshomes.com +1(541) 868-4618

Listed by Ten Mile Lake Properties LLC • tenmilelakeproperties@gmail.com

$ 750,000

Est. payment | -/mo

5 Beds

3 Baths

2,922 SqFt

Save

$ 750,000

Est. payment | -/mo

Save

5 Beds

3 Baths

2,922 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,922 sqft

Price per Sqft $256

MLS Listing ID 567137463

Style Stories2, Custom Style

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1970

Annual Tax Amount $7,400

Tax Year 2025

Lot Size 0.543 Acres

Property Sub-Type Single Family Residence

Property Description

This spacious 5-bedroom, 3-bathroom home is designed for comfort & versatility. It is an Automotive & Storage Haven:Boasting a massive 4-car garage, complemented by 2 dedicated RV hookups & substantial parking. The property is enclosed by high-quality custom fencing featuring wrought iron accents, providing both security and aesthetic sophistication. Comes w/17'8 storage container & multiple outbuildings. Enjoy peak a boo view of Mt. Hood, a hallmark of premium Pacific Northwest real estate. Live in it as is while you plan your future development strategy. Located in the heart of Gresham's growth corridor, this property sits amidst a landscape of modern residential expansion. Whether you are looking for a multi-generational family compound or a strategic land-banking opportunity, the flexibility of the LDR-5 zoning makes this one of the most versatile listings on the market today. Unlock the Potential of this Gresham Fixer & Discover the perfect blend of investment potential and comfortable living situated on a large 23,646 sq. ft. lot. This property offers a rare opportunity in a rapidly evolving neighborhood. With Low Density Residential (LDR-5) zoning, this parcel is primed for development, including duplexes, quad-plexes, or charming cottage clusters—perfect for investors looking to capitalize on the surge of new development surrounding this prime location in the near future. Attention Investors the primary value of this property lies not in its current state, but in its "highest and best use." Have your own farm within city limits with potential infill development. Rasberries, Blueberries, Grapes, Chicken coop, Horse Pen. All personal property negotiable. Highly desirable to Builders looking for a future small-scale multi-family project. The "density bonus" is potential money in the bank. Listing Agent is related to Seller.

Location

State OR

County Multnomah

Area _144

Zoning LDR 5

Rooms

Basement Daylight, Finished, Full Basement

Interior

Interior Features Garage Door Opener, High Ceilings, High Speed Internet, Soaking Tub, Tile Floor, Wallto Wall Carpet, Washer Dryer

Heating Forced Air

Cooling Heat Pump

Fireplaces Number 2

Fireplaces Type Wood Burning

Appliance Builtin Range, Builtin Refrigerator, Convection Oven, Dishwasher, Disposal, Plumbed For Ice Maker, Stainless Steel Appliance

Exterior

Exterior Feature Above Ground Pool, Covered Deck, Fenced, Fire Pit, Free Standing Hot Tub, Garden, Outbuilding, Poultry Coop, R V Hookup, R V Parking, R V Boat Storage, Tool Shed, Yard

Parking Features Attached, Oversized, TuckUnder

Garage Spaces 4.0

View Mountain, Territorial

Roof Type Composition

Garage Yes

Building

Lot Description Level

Story 2

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Kelly Creek

Middle Schools Gordon Russell

High Schools Sam Barlow

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(541) 868-4618

amanda@aandwsellshomes.com

Springfield, OR, 97478, USA

Learn More About LPT Realty

5321 SE WELCH RD Gresham, OR 97080