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.
Active
$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
- 5 days |
- 161 |
- 3 |
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#: 477658964
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
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Listed for sale | $875,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 6/10Butler Creek Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Centennial Middle SchoolGrades: 6-8Distance: 2.5 mi
- 4/10Centennial High SchoolGrades: 9-12Distance: 2.2 mi
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
- Oregon
- Multnomah County
- Gresham
- 97080
- Southwest
- 1721 SW Butler Rd




