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.
Vacant landProperty Type
3.88 acresLot Size
$186,856Price/Acres
Listed by Brent Maxson• Keller Williams PDX Central
Southwest Gresham, located between Downtown Gresham and Powell Butte Nature Park, is a residential and commercial Gresham neighborhood with tree-lined streets and a foothills backdrop. The neighborhood’s character concentrates around the SE 242nd Ave and SE Stark St crossroads, where small taquerias, produce stands, and service storefronts keep the sidewalks active. Historic Downtown Gresham’s storefront blocks and the Center for the Arts Plaza set the cultural tone nearby. Housing trends toward mid-century ranches, split-levels, and newer infill along wider arterials. Springwater Corridor Trail and nearby parks shape a walk-and-roll routine. Views open toward Mount Hood on clear days.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Territorial view
Heating & cooling
No heating
No cooling
Exterior features
Existing structures on property
Gentle sloping terrain
Pasture
Private road access
Secluded setting
Mature trees
Paved road frontage
Home design
Land parcel used for single-family residence
Residential zoning (LDR)
Construction
Parcel consists of one lot
Utilities
Electricity connected
Public sewer
Septic tank
Well water
Cable internet available
Other
Approximately 3.88 acres (listed as 3 to 4.99 acres)
Electricity and solar
View estimated energy costs and solar savings for this home
The Low Density Residential-5 District is primarily intended for residential uses including single detached dwellings and manufactured homes, duplexes, triplexes, quadplexes, townhouses, and cottage clusters at a maximum net density for single detached units of 8.71 units per acre and for townhouses of 25 units per acre. For all subdivisions, and for those partitions of parent parcels greater than 20,000 sq ft, a minimum net density of 6.22 units per acre is required.
Zone overlays
Hillside and Geologic Risk Overlay District
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure-Other
Local insights from Redfin agents
If you are looking for extra square footage, bigger yards, and fast access to the Columbia River Gorge without inner-Portland price tags, Gresham is one of the smartest buys in the metro area. With median single-family prices holding in the...
$450,000–$480,000 range, buyers usually get a great deal