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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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1721 SW Butler Rd , Gresham, OR 97080
$750,000
Est. Payment: $3,771.13/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 101
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by Brent Maxson , 503-720-1931 Keller Williams PDX Central , 503-548-4848. Portland Regional Multiple Listing Service mls logo

Property Type

Vacant Land

Lot/Acreage
3.88

County

Multnomah

Area

144 - Gresham, Sandy, Troutdale, Corbett

Listing ID

477658964

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Gentle Sloping,Pasture,Private Road,Secluded,Trees
Zoning:LDR
Principal Interest
$3,771
Taxes
$342

Home Price

$750,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,771.13

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,771.13 $342.15 $0.00 $4,113.27
Yearly $45,253.50 $4,105.75 $0.00 $49,359.25
Total $1,357,605.14 $123,172.50 $0.00 $1,480,777.64

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Gresham, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-07-24T03:19:25.000Z

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