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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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12295 SW Boones Ferry Rd , Portland, OR 97219
$1,100,000
Est. Payment: $6,003.15/mo
1.8 Acres
Status: active | Days on site: 42
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House Description

Calling all developers, builders & investors! Rare opportunity to buy a prime 1.8 acre property, zoned R10, with loads of potential, conveniently situated on Boones Ferry Rd. Near shopping, downtown Lake Oswego, Tryon Creek, Lewis & Clark, OHSU, I-5, Hwy 217, downtown Portland, and on the TriMet #38 busline. When walking the property, which was once part of a farm, you would never guess how close you are to the city and services. This is a stellar location for high-end townhomes, condos, rowhouses, courtyard community, or maybe just one fabulous estate. Buyer to confirm with city that up to 16 units can be built under Planned Development standards. Value is in the lot, home is a fixer, with water, electric and septic. A sewer line was installed for the adjacent newer development on SW 18th, (buyer to verify ability to connect to the line.) There are plenty of trees that border the lot for privacy from the road and neighbors. Currently, there is a barn with 3 bays for equipment/cars, attached to a small studio space, as well as a workshop close by. Workshop has electric running to it. The home has a dirt floor basement/crawlspace that houses a 30-foot well that is not currently being used. Buyer to do all their due diligence. Property shown by appointment only, Seller is still using some of the structures. Do not drive onto property without an appointment. Will go live on Sept 10.

Highlights

Listed by Lulu Barker , 503-866-8474 Windermere Realty Trust , 503-284-7755. Portland Regional Multiple Listing Service mls logo

Property Type

Vacant Land

Lot/Acreage
1.8

County

Multnomah

Area

148 - Portland NW/ SW/ S, Raleigh Hills

Neighborhood

Englewood

Listing ID

713760061

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Interior Features

Exterior Features

Lot:Gentle Sloping,Level,On Busline,Private,Public Road,Seasonal,Trees
Zoning:R10
Principal Interest
$6,003
Taxes
$838

Home Price

$1,100,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$220,000
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:
$6,003.15

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,003.15 $837.52 $0.00 $6,840.68
Yearly $72,037.82 $10,050.29 $0.00 $82,088.11
Total $2,161,134.46 $301,508.70 $0.00 $2,462,643.16

Today's Rates

30 Year

7.25%

20 Year

7.18%

15 Year

6.69%

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

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Data last updated: 2026-10-23T07:04:11.000Z

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