Discover a rare opportunity to own a substantial property tucked into Portland's Northwest hills near Forest Park. This .48 acre lot consists of three parcels and is believed to be the largest combined property with the least amount of sloping in the Waldemere subdivision. Zoned R7, the property offers single family or multi family development potential. There are no other homes located on Mackay and this lot is at the end of the road, where Firelane 9 begins. Willamette river and territorial views. The existing concrete wall is the remnants of the Waldemere Reservoir, historically used for fire suppression in the area until water main systems were integrated. Natural gas, water, sewer, electricity available in vacinity. A nearby PGE transmission reliability project is currently under land-use review, with a public hearing scheduled for October 14th, 2026. The proposed project would extend electric service in the surrounding area. Buyer to perform all due diligence regarding zoning, property lines, utility availability, developmental potential, permits with City of Portland.
Vacant landProperty Type
0.48 acresLot Size
$312,500Price/Acres
Listed by Hailee Surney• Keller Williams PDX Central
Linnton, located between Forest Park and Sauvie Island, is a riverside and industrial Portland neighborhood with working waterfront views and a wooded hillside backdrop. The neighborhood’s character concentrates along NW St. Helens Road near the Linnton Store, where freight traffic, river air, and a small cluster of local stops set the tone. The Linnton Store anchors daily routines, while the Portland Yacht Club and the Linnton Community Center add long-running gathering places. Housing ranges from modest mid-century homes to newer builds perched above the road, many oriented toward the Willamette. The shoreline reads as docks, marinas, and river industry, with pockets of quiet streets climbing into trees. Forest Park trailheads and the river corridor shape an outdoors-forward rhythm without leaving the city.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Private, wooded setting with trees
Gentle-sloping terrain
Views of the park/greenbelt, river, and trees/woods
Road frontage on an unimproved road
Home design
Land
Multi-family
Utilities
Electricity available
Natural gas available
Public sewer
Water available
Other utilities: see remarks
HOA & community
R7 zoning
Electricity and solar
View estimated energy costs and solar savings for this home
Rare opportunity to own a beautiful parcel of R7 land in an amazing location above the Willamette. Close in enough to be convenient but still secluded. Enjoy the great outdoors and proximity to hiking and activities or explore what the R7 Zoning will allow you to build!
RMLS #21217522
Oct 28, 2021
Sold
$39,000
Sep 16, 2021
Pending
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Sep 10, 2021
Relisted
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Aug 24, 2021
Pending
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Aug 5, 2021
Listed
$39,000
Build your dream home retreat backing up to Forest Park! Road is paved with access to sewer and water. Gently sloped lot with native trees and partial conservation overlay. Buyer responsible for all due diligence. Seller makes no warranty as to information provided.
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Vacant Land
County
Multnomah County
APN
R297576
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Last updated by owner on Oct 9, 2026.
Historical weather
Portland, OR • 97231
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Sun exposure
13/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
3.1 hrs
0.1 hr
JuneDecember
Provided by Shadowmap
Redfin Estimate for NW Mackay Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $315,000 and $479,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $315K to $479K.