5321 SE WELCH RD, Gresham, OR 97080
- $699,000
- 5
- BD
- 3
- BA
- 2,922
- SqFt
- List Price
- $699,000
- Price Change
- ▼ $51,000 1783905371
- Days on Market
- 86
- Status
- ACTIVE
- MLS#
- 567137463
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,922
- Lot Size
- 20, 000 SqFt to .99 Acres
- Region
- Gresham, Sandy, Troutdale, Corbett
Property Description
UNLOCK THE POTENTIAL OF THIS UNIQUE GRESHAM PROPERTY! A rare opportunity to own a versatile 23,646 sq. ft. lot in the heart of Gresham’s growth corridor, offering an exceptional combination of comfortable living, extensive parking/storage, and exciting future possibilities. The property is enclosed by high-quality custom fencing with wrought-iron accents, providing privacy, security, and impressive curb appeal. The property also includes a 17'8" storage container, multiple outbuildings, and a productive mini-farm setup with raspberries, blueberries, grapes, a chicken coop, and horse pen—bringing the best of country-style living right into the city. Enjoy a peek-a-boo view of Mt. Hood, adding to the property's Pacific Northwest appeal. For the automotive enthusiast, contractor, hobbyist, or home-based business owner, this property is exceptionally well equipped. A massive 4-car garage, substantial additional parking, and two dedicated RV hookups provide an abundance of room for vehicles, recreational equipment, workspaces, storage, and guests. The existing home allows you to live comfortably while planning your long-term vision. Whether your goal is to create a multi-generational family compound, maintain an urban homestead, operate a home business, or pursue future development, this property offers remarkable flexibility. Investors and builders take notice: The property is zoned LDR-5 (Low Density Residential), presenting potential for future infill and middle-housing opportunities, subject to City of Gresham requirements, approvals, and buyer due diligence. Preliminary review suggests the zoning may allow for a variety of residential configurations, potentially including duplexes, quadplexes, cottage clusters, or other permitted housing options. The property's value extends well beyond its current use. For the savvy buyer, this is an opportunity to secure a large parcel in an evolving area today while planning for tomorrow's highest and best use.
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Additional Information
- Tax Amount
- $7,400
- Year Built
- 1970
- High School
- Sam Barlow
- Elementary School
- Kelly Creek
- Middle School
- Gordon Russell
- Fireplaces Total
- 2
- Garage Spaces
- 4
- Garage Type
- Attached, Oversized, Tuck-Under
- Acres
- 0.54
- Living Area
- 2,922
- Stories
- 2
- Property Type
- Single Family Residence
- Terms
- Cash, Conventional, FHA, VA Loan
- Master Bedroom Level
- Main
- Cooling Description
- Heat Pump
- Fireplace Description
- Wood Burning
- Fuel Description
- Electricity, Oil
- Heating Description
- Forced Air
- Hot Water Description
- Electricity
- Exterior Description
- Brick, Vinyl Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Style
- 2 Story, Custom Style
- View
- Mountain(s), Territorial
- Parking
- RV Access/Parking, Secured
- Parking Description
- RV Access/Parking, Secured
- Road Surface
- Paved
- Exterior Features
- Above Ground Pool, Covered Deck, Fenced, Fire Pit, Free-Standing Hot Tub, Garden, Outbuilding, Poultry Coop, RV Hookup, RV Parking, RV/Boat Storage, Tool Shed, Yard
- Interior Features
- Garage Door Opener, High Ceilings, High Speed Internet, Soaking Tub, Tile Floor, Wall to Wall Carpet, Washer/Dryer
- Kitchen Appliances
- Built-in Range, Built-in Refrigerator, Convection Oven, Dishwasher, Disposal, Plumbed For Ice Maker, Stainless Steel Appliance(s)
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Listing courtesy of Ten Mile Lake Properties LLC.
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