Rare opportunity to own 5.55 acres of rural residential land in a convenient Gresham location just east of the Portland border and north of Clackamas. Zoned RR (Rural Residential), this property offers space, privacy, and potential for a custom home or future development (buyer to verify).The land features a natural mix of trees and open areas with level to gently rolling terrain, offering flexibility for a variety of residential uses while maintaining a sense of privacy and separation from neighboring properties.Once part of the historic Richey family homestead, the property carries a unique sense of history and legacy while offering an opportunity to create something entirely your own. Access from both SE Foster Rd and SE 172nd Ave provides flexibility and convenience while maintaining a tucked-away rural feel.Utilities are available nearby, including electricity and water (buyer to verify all utility access, septic, sewer availability, and development requirements). Existing barn structure of no value.Conveniently located approximately 14 miles to PDX, 15 miles to Downtown Portland, and 8 miles to Mt. Tabor and Southeast Portland amenities.Buyer to perform all due diligence regarding zoning, land use, utilities, wetlands, access, and development potential. Developer packet available upon request.
Vacant landProperty Type
5.55 acresLot Size
$70,090Price/Acres
Listed by Beth Nelsen• Keller Williams Realty Professionals
Pleasant Valley, located between Powell Butte Nature Park and the Clackamas River corridor, is a residential and semi-rural Portland neighborhood with wide-lot streetscapes and a patchwork of farms. The neighborhood’s energy concentrates around SE Foster Rd near SE 162nd Ave, where small groceries, taquerias, and service storefronts set a practical, everyday rhythm. Leach Botanical Garden and Powell Butte Nature Park act as local anchors for trails, gardens, and open sky. Housing leans toward ranch-style homes, newer subdivisions, and pockets of acreage with barns and garden plots. The landscape shifts quickly from sidewalks to fields, with views that open toward the buttes and foothills. Daily life reads quieter and car-oriented, with nature destinations doing much of the cultural heavy lifting.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Raw land currently with no interior structures
Heating & cooling
No heating available
No cooling available
Exterior features
Existing structures present
Barn(s) on the property
Some structures marked to be torn down
Private, secluded and wooded setting with brush and trees
Road frontage
Home design
Property type: Land (zoned RR)
Current use: Raw land and residential
Manufactured homes allowed
Construction
No dwelling construction details provided
Utilities
Electricity available
Water available
See remarks for additional utility information
Financial info
Tax year 2025
Other
Lot size approximately 5.55 acres (5 to 6.99 acres)
Level land
Parcel number R340616
Soil condition listed as unknown
Directions: SE Foster Rd & SE Richey Rd
Address: 17404 SE Foster Rd, Gresham, OR 97080
Electricity and solar
View estimated energy costs and solar savings for this home
The purposes of the Rural Residential base zone are to provide areas for residential use for those persons who desire rural living environments; to provide standards for rural land use and development consistent with desired rural character, the capability of the land and natural resources; to manage the extension of public services; to provide for public review of nonresidential use proposals and to balance the public's interest in the management of community growth with the protection of individual property rights through review procedures and flexible standards.
Zone overlays
Permitted uses
Include but are not limited to:
Agriculture
Livestock production
Housing-Single unit
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
23 unhealthy days expected this year, 27 days in 30 years
Provided by First Street
Historical weather
Gresham, OR • 97080
Average low and high temperatures (°F)
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57
42
64
42
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83
55
82
58
76
54
63
46
52
42
49
40
Jan
Feb
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Jul
Aug
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Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 17404 SE Foster Rd
$369,676
$19K under list price of $389K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $395K to $850K.