$3,600,000

8720 Sw KATHERINE Ln A, Portland, OR 97225

  • 6 beds |
  • 2 baths |
  • 3,000 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon4.51acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $1,200/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Date Added:
March 19, 2025 at 05:00AM
Listing Office:
Keller Williams Realty Professionals : 503-546-9955
Listing Agent:
Adrian Wild : 503-380-8492
MLS ID:
637290151
  • General: Hardwood floorsQuartzWasher dryerWood floors
  • Appliances: DishwasherFree standing rangeGas appliancesMicrowaveQuartz
  • Basement: DaylightFinishedFull basement
  • A/C: Central airHeat pump
  • Heating: Forced air
  • Fireplace: Wood burningFireplaceFireplaces: 2

This listing courtesy of Adrian Wild, Keller Williams Realty Professionals

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Ridgewood Elementary School

10100 SW Inglewood St, Portland, OR, 97225

Grades KG-5

0.65 miles away

C

Cedar Park Middle School

11100 SW Park Way, Portland, OR, 97225

Grades 6-8

1.17 miles away

B

Beaverton High School

13000 SW 2nd St, Beaverton, OR, 97005

Grades 9-12

2.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.