- ADDRESS:
- 8720 SW KATHERINE LN A Portland, OR 97225
- VIDEOS:
- Print this Listing
- Price:
- $3,600,000
- Ft²:
- 3000
- Acres:
- 4.51
- MLS#:
- 232808287
- Lot Size:
- 5 to 6.99 Acres
- Zone:
- R5
- County:
- Washington
- Style:
- 2 Stories
- Yr Built:
- 1954
- Status:
- Active
- Levels:
- 2
- Heat:
- Forced Air, Wood Stove
- Roof:
- Composition, Metal, Rubber
- View:
- Creek/Stream, Trees/Woods
- Area:
- Portland NW/ SW/ S, Raleigh Hills
- Courtesy of:
- Keller Williams Realty Professionals
- Remarks:
- 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.