This home's estimate is 50% lower than the average sale price ($977K) of 6 comparable homes.
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- Sale & tax history
- Property details
- Neighborhood
- Climate
7200 NW Thompson Rd, Portland, OR 97229
About this home
Attention contractors, investors and flippers! Nestled among 7.82 acres of pristine, untouched Douglas-fir, hemlock, and cedar forest, this 1938-built home offers a rare opportunity to restore a unique home in an unforgettable setting. Located just 12 minutes from Cedar Hills Shopping and 12 minutes to Portland NW 23rd Ave, this property offers the elusive combination of privacy, tranquil nature, and proximity to urban convenience. On the main floor a spacious living room features vaulted ceilings, hardwood floors, expansive picture windows, and the warmth of a classic fireplace. The sizable primary bedroom also boasts serene forest views. The home is currently configured as a two-bedroom, one-bathroom but the upstairs invite the addition of an extra bedroom and bathroom. The unfinished basement level also offers an opportunity to expand the living space and has potential for additional bedrooms and bathrooms. Embrace the charm of yesteryears with the potential to craft a modern masterpiece amidst the backdrop of lush, untouched woodland. Don’t miss out on this chance to reimagine and restore this home into a sanctuary of comfort and natural beauty.

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Market trends in Forest Park, OR
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
- NEW 1 HR AGO$575,0003 beds3 baths1,743 sq ft16845 NW Vetter Dr, Portland, OR 97229Troy Stevens • Keller Williams Realty Professionals
- COMING SOON$998,0004 beds3 baths3,986 sq ft10230 NW Langworthy Ter, Portland, OR 97229Steve Nassar • Premiere Property Group, LLC
- NEW 5 HRS AGO$829,0004 beds3 baths2,913 sq ft5372 NW Primino Ave, Portland, OR 97229Vijay Gopalswamy • Oregon First
- VIDEO TOUR$827,5004 beds2 baths2,463 sq ft325 NW Orchard Dr, Portland, OR 97229Rema Rahim-Salehi • Premiere Property Group, LLC
- NEW 21 HRS AGO
- COMING SOON$649,9003 beds4 baths1,339 sq ft12980 NW Westlawn Ter, Portland, OR 97229Osha Roller • Parkwood Properties
- OPEN SAT, 11AM TO 2PM$650,0004 beds3 baths1,824 sq ft17128 NW Stoller Dr, Portland, OR 97229Vladimir Romano • Premiere Property Group, LLC
- 3D WALKTHROUGH$758,8004 beds3 baths2,623 sq ft19180 NW Northshore Ct, Portland, OR 97229Peiwen Russak • MORE Realty
- OPEN SAT, 12PM TO 4PM$645,0003 beds3 baths2,192 sq ft2575 NW Byrne Ter, Portland, OR 97229Melodee Davis • Westwood Property Group
See all
Provided by Redfin
Redfin agents who toured
- Fixer on awesome wooded 7 acre lot. Good bones. On shared well.2 years ago• May not reflect the current state of the homeRedfin agent
Sale history for 7200 NW Thompson Rd
$123/sq ft
$151/sq ft
$163/sq ft
Tax history for 7200 NW Thompson Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Permits
Addition
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
- Parking Information
- Parking Features: Driveway, Off Street
- RV Description: RV Parking
Interior
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Interior Features: Hardwood Floors, Vaulted Ceiling(s)
- Fireplace YN: Yes
- Fireplaces Total: 2
- Fireplace Features: Wood Burning
- Window Features: Double Pane Windows, Vinyl Frames, Wood Frames
- Basement: Daylight, Exterior Entry, Unfinished
- Bathroom Information
- Bathrooms Full: 1
- Bathrooms Full Main Level: 1
- Bathrooms Total Integer: 1
- Bathrooms Total Main Level: 1
- Baths Total: 1
- Room 7 Information
- Description: 2nd Bedroom
- Level: Upper
- Room 9 Information
- Description: Dining Room
- Room 10 Information
- Description: Family Room
- Room 11 Information
- Description: Kitchen
- Room 12 Information
- Description: Living Room
- Room 13 Information
- Description: Primary Bedroom
- Level: Main
- Room 14 Information
- Description: Great Room
Exterior
- Exterior Features
- Roof: Composition, Shingle
- Exterior Features: Deck, Yard
- Exterior Description: Board & Batten Siding, Lap Siding, Shake Siding, Wood Siding
- Unreinforced Masonry Bldg: Unknown
- Lot Information
- Lot Size Square Feet: 340,639
- Lot Size Range: 7 to 9.99 Acres
- Lot Size Acres: 7.82
- Lot Size: 7 to 9.99 Acres
- Lot Features: Secluded, Sloped, Stream, Trees, Wooded
- Parcel Number: R324504
- Road Surface Type: Gravel
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Property Attached YN: No
- Property Condition: Fixer
- Upper Level Area Total: 379
- Main Level Area Total: 1,131
- Lower Level Area Total: 1,131
- View YN: Yes
- View Description: Trees/Woods
- Building Information
- Year Built: 1938
- Building Area Total: 2,641
- Building Area Description: TRIO
- Building Area Calculated: 1,510
- Foundation Details: Block, Concrete Perimeter, Slab
Financial
- Tax Information
- Tax Year: 2023
- Tax Legal Description: SECTION 25 1N 1W, TL 1300 7.82 ACRES
- Tax Annual Amount: $4,619.51
- Lease / Rent Information
- Land Lease YN: No
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Oil
- Water Source: Shared Well
- Sewer: Standard Septic
- Heating & Cooling
- Heating YN: Yes
- Heating: Forced Air
- Cooling YN: No
Location
- School Information
- Elementary School: Forest Park
- Middle Or Junior School: West Sylvan
- High School: Lincoln
- Location Information
- Directions: W on NW Cornell Rd, Right on NW Thompson Rd. Driveay on Left. Address on Mailbox. End of Drive
- Unparsed Address: 7200 NW THOMPSON RD, Portland, OR 97229
- Community Information
- Senior Community YN: No
- Zoning: CFU2
Public facts
- Beds: 2
- Baths: 1.5
- Sq. Ft.: 1,510
- Stories: 1.0
- Lot Size: 7.82 acres
- Style: Single Family Residential
- Year Built: 1938
- Year Renovated: 1938
- County: Multnomah County
- APN: R324504
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
- New Construction Information
- New Construction YN: No
Around this home
Schools Places Transit
Public K-5 • Assigned • 1.3mi
Public 6-8 • Assigned • 2.7mi
Public 9-12 • Assigned • 3.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.31% chance of being in a wildfire in next 30 years
5 days above 90° expected this year, 10 days in 30 years
Minimal risk of severe winds over next 30 years
12 unhealthy days expected this year, 12 days in 30 years
Sun exposure
In this area, properties receive around 9.5 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 97229
Home values near 7200 NW Thompson Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 2500 Sq. Ft. | $449,937 |
4 Beds | 3 Baths | 3836 Sq. Ft. | $1,356,990 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 2312 Sq. Ft. | $474,219 |
4 Beds | 3 Baths | 3712 Sq. Ft. | $1,731,055 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 795 Sq. Ft. | $492,236 |
4 Beds | 4 Baths | 5136 Sq. Ft. | — |
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