See all 48 photos
Listed by Keller Williams Realty Professionals
$3,600,000
Est. payment /mo
3,000 SqFt
Active
8720 SW KATHERINE LN #A Portland, OR 97225
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Key Details
Property Type Commercial
Sub Type Recreational
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $1,200
MLS Listing ID 232808287
Year Built 1954
Annual Tax Amount $14,580
Lot Size 4.510 Acres
Property Sub-Type Recreational
Property Description
A one-of-a-kind investment opportunity—two adjoining parcels totaling 4.51 forested R5 acres, just minutes from downtown Portland. This income-generating retreat offers multiple rental units, a stunning natural setting, and high revenue potential. 8720 SW Katheryn Ln (Pictures 2-10) – A 3,000 sq. ft. remodeled daylight ranch with six bedrooms, two permitted kitchens, and high-quality timber construction on 2.16 acres. Available separately for $1,490,000. 2215 SW 87th Ave (Pictures 11-17) – A 3,270 sq. ft. four-bedroom, three-bath home featuring remodeled bathrooms, stunning wood paneling, and a durable metal roof on 2.35 acres.• Yeti's Treehouse (Pictures 19-24) – Built on four live trees, featuring a kitchenette, bathroom, outdoor soaking tub, & zipline. Highest-grossing rental.• The Old Barn (Pictures 26-33) – A remodeled barn-themed retreat with a large kitchen area, grand piano, orthopedic bed, hot tub, & unique charm.• Sasquatch Tiny Treehouse (Pictures 35-41) – A cozy woodland retreat with wood paneling, kitchenette, vaulted ceilings, & full bathroom. Right on the water!• Bigfoot Glamping Treehouse (Pictures 43-47) – A 10-ft elevated hideaway overlooking the ravine, perfect for wildlife watching. 2215 SW 87th Ave, including all four short-term rental units, is available for separate purchase at $2,425,000. This thriving rental business has been a labor of love for the owner, generating high revenue. Sale includes six months of consulting to ensure a smooth transition. Whether as a lucrative rental operation, a dream retreat, or a development, this property is truly one of a kind.
Location
State OR
County Washington
Area _148
Zoning R5
Interior
Heating Forced Air, Wood Stove
Cooling Central Air
Equipment Furniture
Exterior
Waterfront Description Creek
View Creek Stream, Trees Woods
Roof Type Composition,Metal,Rubber
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional

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