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  • $875,000

    1721 SW Butler Rd, Gresham, OR 97080

    --beds
    0baths
    3.88Acres
    Unimproved Land, Single Family Residence
    Built in ----
    3.88 Acres Lot
    $849,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    5 days
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    161
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    3
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    Zillow last checked: 7 hours ago

    Listing updated: April 05, 2026 at 09:08pm

    Listed by:

    Brent Maxson 503-720-1931,

    Keller Williams PDX Central

    Source: RMLS (OR),MLS#: 477658964MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Features
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 3.88 Acres
      • Features: Pasture, Secluded, Trees, Gentle Sloping, Acres 3 to 5
      Details
      • Additional structures: Existing Structures
      • Parcel number: R240586
      • Zoning: LDR

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Cable Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Gresham

      Financial & listing details

      • Tax assessed value: $447,880
      • Annual tax amount: $4,105
      • Date on market: 4/6/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $849,300

        $807,000 - $892,000

        $2,194/mo

        Price history

        Price history
        DateEventPrice
        4/6/2026Listed for sale$875,000
        Source: RMLS (OR) #477658964 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$4,106 +4.4%$216,810 +3%
        2024$3,933 +11.1%$210,500 +3%
        2023$3,541 +3.8%$204,370 +3%
        2022$3,410 -0.4%$198,420 +3%
        2021$3,423 +8.6%$192,650 +3%
        2020$3,151 +2.5%$187,040 +3%
        2019$3,075 $181,600 +3%
        2018$3,075 +4.3%$176,320 +3%
        2017$2,949 +6.6%$171,190 +3%
        2016$2,767 $166,210 +3%
        2015$2,767 +2.7%$161,370 +3%
        2014$2,693 +5.3%$156,670 +3%
        2013$2,558 +5%$152,110 +3%
        2012$2,438 -1.3%$147,680 +3%
        2011$2,470 +0.7%$143,380 +3%
        2010$2,452 +4.4%$139,210 +3%
        2009$2,349 +3.8%$135,160 +3%
        2008$2,263 +2.3%$131,230 +3%
        2007$2,212 +2.3%$127,410 +3%
        2006$2,163 +2.8%$123,700 +3%
        2005$2,103 +2.5%$120,100 +3%
        2004$2,051 +3.8%$116,610 +3%
        2003$1,976 +2.3%$113,220 +3%
        2002$1,932 +13.7%$109,930 +6.1%
        2000$1,700 $103,630

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Southwest

        Getting around

        8 / 100
        Car-Dependent
        11 / 100
        Minimal Transit
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Butler Creek
        • Middle: Centennial
        • High: Centennial

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        Local experts in 97080

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