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12645 S TERWILLIGER BLVD, Portland
$1,650,000
349942035 MLS
First time available for purchase to the public market, this is one of the last remaining build opportunities in the highly sought after Dunthorpe neighborhood! Three tax lots totaling 5.19 private acres backing to Tryon Creek State Park with residential R20 zoning present a unique offering for builders, investors, or those seeking to create a private estate. All lots to be sold together. All 3 lots received lot confirmation from the city. Parcels include a single-level fixer with a partially finished basement, and a detached RV/boat garage. Extensive street frontage provide flexibility and quick access to paved sidewalks and trails. Water, gas, electric and existing sewer is on site, plus 2 additional ready sewer connections upon annexation to City of Portland. Ideally situated with convenient access to vibrant downtown Lake Oswego restaurants and amenities, downtown Portland, freeways and PDX all while being located within the top rated Riverdale School District. Buyers to do own due diligence. Showings by appointment only.

12645 S TERWILLIGER BLVD, Portland

Portland
$275,000
106923893 MLS
A truly rare opportunity awaits in the highly coveted Forest Heights community. This exceptional .34-acre homesite invites you to create the custom home of your dreams, set among the natural beauty, privacy, and serenity that define this special Northwest Portland neighborhood. With its dramatic topography, expansive wooded surroundings, and elevated position, the property offers the potential for stunning panoramic views of the coastal range and glimpses of the city skyline, creating a remarkable backdrop for a one-of-a-kind residence. Whether your vision is modern and architectural or warm and timeless, this homesite offers the perfect setting to bring it to life. Ideally located, the lot also offers easy access to the very best of Forest Heights, including a walk to highly rated Forest Park Elementary, community turfed sports fields, scenic trails, Mill Pond, and the neighborhood amenities that make this community so desirable. Seller carry financing is available for up to three years with a balloon payment, offering added flexibility and opportunity. This is more than a homesite, it is a chance to create a lifestyle.

Portland

SW CONDOR AVE Unit #5900, Portland
$75,000
141582666 MLS
A rare opportunity to create an architecturally significant custom home in close-in Portland near OHSU. This lot offers street frontage, a natural ravine setting, and additional buildable area beyond—creating a unique canvas for thoughtful design that embraces privacy, topography, and the surrounding landscape.The property has a staging area, providing a meaningful advantage for construction access, materials, and overall site planning—an increasingly valuable attribute in this location.Prior conceptual plans envisioned a garage near the street with a bridge spanning the ravine to a residence on the opposite buildable area, illustrating the potential for a dramatic and highly functional design approach (buyer to verify feasibility).For those exploring a broader vision, the opportunity expands with two adjacent parcels (RMLS# 396419600 & 308963076), offering potential for assemblage into a larger, cohesive development or private compound.Opportunities with this level of flexibility and proximity to OHSU are increasingly rare. Buyer to complete all due diligence regarding development potential, utilities, and buildability.All parcels are zoned R5 and carry a C,z (Constrained Site/Environmental Overlay), which supports single-family development with an emphasis on environmental sensitivity. The sloped topography lends itself to creative architectural solutions such as daylight basements, terraced construction, or homes that integrate seamlessly into the natural landscape. Utilities are nearby (buyer to verify), and public transit is within walking distance—making access to downtown Portland, OHSU, PSU, and the South Waterfront fast and convenient. The C,z overlay will require careful planning and coordination with the City of Portland for permitting and development, but the potential here is significant for those with vision and a desire to build within nature, just minutes from the urban center.

SW CONDOR AVE Unit #5900, Portland

2900 NW FAIRFAX TER, Portland
$350,000
785718312 MLS
Located in the coveted West Hills of Portland, this rare .24-acre parcel is a blank canvas waiting for the right vision. Whether you're a buyer dreaming of a custom forever home, a developer eyeing a high-value build, or an investor seeking a foothold in one of Portland's most desirable enclaves, this lot delivers the location and the land to make it real. You will have easy access to Forest Park, the Japanese Garden, and the kind of neighborhood streets where custom architecture is the norm and property values reflect it. You're minutes from NW 23rd's boutique shops and restaurants, downtown Portland, and the westside tech corridor, yet tucked into a setting that feels worlds away. This lot is the perfect place to not only build your dream home, but to create your dream lifestyle.

2900 NW FAIRFAX TER, Portland

969 SW 2nd AVE Unit #4000, Portland
$3,500,000
258454436 MLS
Exceptional opportunity to acquire a highly visible downtown Portland parcel currently operating as an income-generating surface parking lot. Located in the heart of the city at SW 2nd Ave & Salmon St, this site offers outstanding foot traffic, accessibility, and urban exposure.The current owner is almost through the permitting process to develop the un-used side of the parcel into a food cart pod — one of Portland's most iconic and profitable commercial formats. Food cart pods have become a cornerstone of Portland's culinary culture, drawing consistent local and tourist traffic. The parcel's flexibility allows for various development directions for the right buyer or investor.Whether you execute the food cart pod vision or explore alternative development possibilities, this downtown location offers rare flexibility in one of Oregon's most dynamic urban markets. •Currently operating as surface parking (existing cash flow)•Conceptual plans for food cart pod•Prime SW Portland address with high visibility & foot traffic•Located in the center of Downtown Portland right next to the Court House, walking distance to the river front. •Strong surrounding daytime & evening pedestrian activity

969 SW 2nd AVE Unit #4000, Portland

NW Germantown RD, Portland
$507,000
224799951 MLS
10.13-acre EFU-zoned parcel situated just outside the Urban Growth Boundary along the NW Germantown Road corridor, right outside the Bethany neighborhood. Utilities are available at the road frontage.For the investor, this parcel offers an attractive covered land play if you were to farm part of the property or harvest timber. Historically, EFU properties on the UGB fringe are among the first considered during Metro's boundary expansion evaluations. Hold the land in agricultural use near-term while positioning for significant upside if and when the parcel is brought into the UGB. Or, farm the land, meet the EFU farm dwelling permit requirements and apply for a farm dwelling permit and build your dream home on an expansive 10 acre estate

NW Germantown RD, Portland

5830 SW SALMON ST, Portland
$449,900
145251130 MLS
Exceptional opportunity to build on a .26 acre corner lot in the desirable Sylvan-Highlands neighborhood of Southwest Portland. Zoned R10, this property offers generous space, exceptional street frontage, and flexibility for a custom home in one of SW Portland’s most sought after residential pockets. As a pre-RIP (Residential Infill Project) site, it benefits from the ability to allot for much more square feet to be developed when compared to newer developments. Positioned with very few neighbors and lots of added backyard privacy, the setting offers a unique sense of separation while remaining close to everyday amenities. Sylvan-Highlands is known for its quiet, established setting, larger lots, and close proximity to both nature and city amenities. Enjoy easy access to the Marquam Nature Park trail system and nearby Council Crest, along with Washington Park attractions including Hoyt Arboretum, the International Rose Test Garden, and the Portland Japanese Garden, all just minutes away. The neighborhood’s elevated setting, mature surroundings, and strong residential character make it especially attractive for buyers seeking privacy with connectivity to Downtown Portland, Highway 26, shopping, dining, and everyday conveniences. Water, sewer, and electrical are available to the site; buyer to verify utility locations and connection requirements. Proposed building plans available upon request to help visualize future possibilities. Buyer to perform all due diligence regarding development potential.

5830 SW SALMON ST, Portland

11385 S RIVERWOOD RD, Portland
$1,695,000
455511701 MLS
An exceptional opportunity awaits in beloved Dunthorpe accessing Oregon's top-rated Riverdale Schools on a park-like almost 2 acre private parcel nestled along a no-through road lined with handsome estate homes. Bring your vision to life on one of the last large lots available in this coveted neighborhood convenient to both Portland and Lake Oswego amenities, minutes from miles of prime Pacific Northwest hiking trails, championship golf courses, leading healthcare, including OHSU, and just a quick trip to renowned Oregon wine country or the spectacular Oregon Coast! Enjoy sweeping lawns, mature trees and plantings, and option to restore the classic revival residence 3,500 sf home or begin anew with your dream team architect/builder. The possibilities are endless and the quality of life unmatched!

11385 S RIVERWOOD RD, Portland

NW ROYAL - Lot 3 BLVD, Portland
$250,000
626147283 MLS
Tucked into the iconic West Hills of Portland, four rare, buildable lots are offered within an intimate enclave of approximately 90,000 square feet of privately held, forested acreage. This is a setting defined by stillness and scale where towering trees surround and insulate the community, creating a living landscape that feels both deeply secluded and remarkably connected. Each future home is envisioned to engage the forest vertically, with views that evolve from the shaded forest floor through layered branches and up into the open canopy above, revealing light, movement, and seasonal change at every level.Set amid the lush green of an ancient woodland, the lots are fully prepared for development. All utilities are located in the street, with each individual lot already connected to the city sewer line, streamlining the building process. Notably, no city design review is required, offering an uncommon opportunity to move from concept to construction with clarity and efficiency.Despite its quiet, protected setting, the location is exceptionally convenient. The surrounding forested views are environmentally protected and will remain undeveloped, preserving the natural backdrop indefinitely. Portland International Airport is just 30 minutes away, downtown Portland is reached in approximately 12 minutes, and Nike World Headquarters in Beaverton is a 13-minute drive. This is a singular opportunity to build within a living forest—where architecture, nature, and thoughtful planning converge in one of Portland’s most coveted hillside neighborhoods.

NW ROYAL - Lot 3 BLVD, Portland

NW ROYAL - Lot 4 BLVD, Portland
$250,000
624515174 MLS
Tucked into the iconic West Hills of Portland, four rare, buildable lots are offered within an intimate enclave of approximately 90,000 square feet of privately held, forested acreage. This is a setting defined by stillness and scale where towering trees surround and insulate the community, creating a living landscape that feels both deeply secluded and remarkably connected. Each future home is envisioned to engage the forest vertically, with views that evolve from the shaded forest floor through layered branches and up into the open canopy above, revealing light, movement, and seasonal change at every level.Set amid the lush green of an ancient woodland, the lots are fully prepared for development. All utilities are located in the street, with each individual lot already connected to the city sewer line, streamlining the building process. Notably, no city design review is required, offering an uncommon opportunity to move from concept to construction with clarity and efficiency.Despite its quiet, protected setting, the location is exceptionally convenient. The surrounding forested views are environmentally protected and will remain undeveloped, preserving the natural backdrop indefinitely. Portland International Airport is just 30 minutes away, downtown Portland is reached in approximately 12 minutes, and Nike World Headquarters in Beaverton is a 13-minute drive. This is a singular opportunity to build within a living forest—where architecture, nature, and thoughtful planning converge in one of Portland’s most coveted hillside neighborhoods.

NW ROYAL - Lot 4 BLVD, Portland

NW ROYAL - Lot 2 BLVD, Portland
$250,000
681190737 MLS
Tucked into the iconic West Hills of Portland, four rare, buildable lots are offered within an intimate enclave of approximately 90,000 square feet of privately held, forested acreage. This is a setting defined by stillness and scale where towering trees surround and insulate the community, creating a living landscape that feels both deeply secluded and remarkably connected. Each future home is envisioned to engage the forest vertically, with views that evolve from the shaded forest floor through layered branches and up into the open canopy above, revealing light, movement, and seasonal change at every level.Set amid the lush green of an ancient woodland, the lots are fully prepared for development. All utilities are located in the street, with each individual lot already connected to the city sewer line, streamlining the building process. Notably, no city design review is required, offering an uncommon opportunity to move from concept to construction with clarity and efficiency.Despite its quiet, protected setting, the location is exceptionally convenient. The surrounding forested views are environmentally protected and will remain undeveloped, preserving the natural backdrop indefinitely. Portland International Airport is just 30 minutes away, downtown Portland is reached in approximately 12 minutes, and Nike World Headquarters in Beaverton is a 13-minute drive. This is a singular opportunity to build within a living forest—where architecture, nature, and thoughtful planning converge in one of Portland’s most coveted hillside neighborhoods.

NW ROYAL - Lot 2 BLVD, Portland

NW ROYAL - Lot 1 BLVD, Portland
$250,000
355260199 MLS
Tucked into the iconic West Hills of Portland, four rare, buildable lots are offered within an intimate enclave of approximately 90,000 square feet of privately held, forested acreage. This is a setting defined by stillness and scale where towering trees surround and insulate the community, creating a living landscape that feels both deeply secluded and remarkably connected. Each future home is envisioned to engage the forest vertically, with views that evolve from the shaded forest floor through layered branches and up into the open canopy above, revealing light, movement, and seasonal change at every level.Set amid the lush green of an ancient woodland, the lots are fully prepared for development. All utilities are located in the street, with each individual lot already connected to the city sewer line, streamlining the building process. Notably, no city design review is required, offering an uncommon opportunity to move from concept to construction with clarity and efficiency.Despite its quiet, protected setting, the location is exceptionally convenient. The surrounding forested views are environmentally protected and will remain undeveloped, preserving the natural backdrop indefinitely. Portland International Airport is just 30 minutes away, downtown Portland is reached in approximately 12 minutes, and Nike World Headquarters in Beaverton is a 13-minute drive. This is a singular opportunity to build within a living forest—where architecture, nature, and thoughtful planning converge in one of Portland’s most coveted hillside neighborhoods.

NW ROYAL - Lot 1 BLVD, Portland

SW WESTWOOD CT, Portland
$230,000
761285271 MLS
Rare opportunity to own one of the final buildable lots in the highly coveted Terwilliger Heights neighborhood. Surrounded by spectacular million-dollar homes in one of Portland’s most prestigious enclaves, home to some of the city’s most prominent residents, this is the chance to build exactly the home you’ve always envisioned. You’re a short walk from the iconic Chart House Restaurant, with OHSU just minutes away and effortless access to downtown Portland, Multnomah Village, Raleigh Hills, and an array of exceptional shopping, dining, and nightlife. This is a neighborhood where residents take genuine pride in their properties, beautifully manicured lawns, impeccably maintained homes, and the quiet safety that makes it so special. The seller is open to partial seller financing or subordination opportunities. Don’t miss your opportunity to create the home of your dreams in this exclusive setting!

SW WESTWOOD CT, Portland

NW PENRIDGE RD, Portland
$379,900
715728471 MLS
Serene 1.17-Acre Lot in a Prestigious Portland EnclaveDiscover an exceptional opportunity to build your dream home on this private, wooded 1.17-acre residential lot, perfectly situated on a quiet dead-end street in one of Portland’s most coveted neighborhoods. Surrounded by mature trees, vibrant wildlife, and architecturally distinct homes, this property offers an unparalleled blend of tranquility and prestige.Backed by natural corridors that lead to iconic Forest Park, the land provides rare, seamless access to miles of trails and Portland’s signature natural beauty. With no through-traffic and a peaceful, secluded setting, this lot is the ideal retreat—yet still just minutes from the energy and conveniences of the city.Create your own sanctuary in a location where privacy, elegance, and nature come together in perfect harmony. Opportunities like this are truly one-of-a-kind.

NW PENRIDGE RD, Portland

0000 S WATER AVE, Portland
$500,000
737111963 MLS
Rare opportunity to acquire 3 contiguous parcels of leased land at the west end of the Ross Island Bridge in a rapidly evolving South Waterfront area, with the additional option to purchase the adjacent residential property at 3029 S Water Ave, currently under the same ownership. The combined lots have official dimensions of 106’ x 50’ (5,300 SF), however the site includes an existing irregularly shaped, paved and fully fenced parking lot closer to 7,500 SF. During future land use review, a buyer pursuing development would have a strong likelihood of city approval to utilize the full existing paved area, creating meaningful upside. The property is currently leased to a towing company through March 2028 at $2,500/month with 3% annual increases, providing approximately $30,000 in annual income with virtually no owner responsibilities beyond property taxes, making this an ideal low-management asset. Zoned CI2, a designation intended for educational uses but comparable to CM3 in nearly every practical respect, allowing for a wide range of commercial and mixed-use development options. The parcels do not have individual addresses but are located immediately adjacent to 3029 S Water Ave. Tax ID numbers are R128811, R128810, and R128809. Situated near OHSU, multiple planned mixed-use developments, and the proposed future site of a Portland MLB stadium, this location offers strong long-term fundamentals. The property is also located within an Opportunity Zone, providing potential tax advantages for qualified buyers. Offered at $500,000, the existing income represents a 6% cap rate, allowing an investor or developer to acquire hassle-free leased land while land banking and covering holding costs until ready to build.

0000 S WATER AVE, Portland

SW BROADWAY DR, Portland
$45,000
576721373 MLS
Rare buildable (plans included) lot on iconic SW Broadway with territorial views and exceptional proximity to Portland's most sought-after destinations. Lots of natural light with a southern exposure. Situated on the scenic climb toward Council Crest and parallel to OHSU. This wooded, sloped .20-acre parcel offers a unique opportunity to create a custom home in a premier West Hills corridor just minutes from downtown, Marquam Hill, and major medical and academic institutions — with quick and easy access to Hwy I-5, I-405, and Hwy 26. The property is zoned RE (Residential) and includes engineering and design plans for a thoughtfully laid-out two-story single-family residence featuring main-level living and a daylight basement maximizing both functionality and natural light. The proposed total habitable area is approximately 2,448 square feet, ideal for modern living with flexible space options. The lot's elevation and orientation allow for territorial views, privacy, and a peaceful natural setting while remaining close to city conveniences. With no neighbors directly behind you, this serene, wooded backdrop provides exceptional privacy rarely found this close to the city. Paved road frontage ensures easy access, while the generous lot size offers ample space for a custom estate, workshop, garden, or outdoor living area. Whether you're ready to build now or invest for the future, this is a compelling opportunity for builders, developers, or owner-users seeking to construct a custom home in a high-demand location with strong long-term value. Situated near OHSU and just minutes from City Center, you'll enjoy quick access to shopping, dining, entertainment, and recreation. Buyer to verify all development potential, zoning, utilities, and feasibility with the City of Portland. Docs for engineering and build plans available with any offer.

SW BROADWAY DR, Portland

SW 43RD AVE, Portland
$160,000
380649274 MLS
Nestled in the scenic hills of Southwest Portland, these build-ready lots (totaling 0.62 acres) offer the perfect blend of convenience and natural beauty. Just a short drive from downtown, this location provides easy access to I-5 and major highways while maintaining a sense of tranquility within a quiet residential neighborhood. With frontage on both SW Pomona and SW 43rd Ave, these parcels are ideal for a custom home or a thoughtful development project. Whether you're envisioning a modern city retreat or a peaceful woodland escape, the possibilities are wide open. Nature lovers will especially appreciate being just a few blocks from Loll Wildwood Natural Area—a local gem filled with vibrant forest trails and wildlife, offering a true escape into the beauty of the Pacific Northwest. This is your chance to build in one of Portland’s most desirable pockets. Buyer to perform due diligence regarding utilities and development potential.

SW 43RD AVE, Portland

SW CONDOR AVE, Portland
$150,000
396419600 MLS
A rare opportunity to design and build a custom home in close-in Portland, just one mile southwest of downtown and near OHSU. This lot offers street frontage, a natural ravine setting, and additional buildable area beyond—creating a unique canvas for architecture that responds to the landscape, privacy, and surrounding mature trees.An adjacent vacated street provides added flexibility for access, staging, and site planning—an increasingly valuable advantage for construction in this location.Zoned R5 with a C,z (Constrained Site/Environmental Overlay), the property supports single-family development with an emphasis on environmental sensitivity. The sloped topography lends itself to creative design solutions, including daylight basements, terraced construction, or a home that integrates seamlessly into its natural setting.The opportunity expands with two additional nearby parcels, including a neighboring lot with a dedicated staging area and another contiguous lot (RMLS# 308963076 & 141582666), offering potential for assemblage into a cohesive multi-home project, private compound, or boutique-scale development.Utilities are nearby and public transit is within walking distance, providing convenient access to downtown Portland, OHSU, PSU, and the South Waterfront.Opportunities combining location, natural setting, and development flexibility are increasingly rare. Buyer to complete all due diligence regarding development potential, utilities, and buildability.

SW CONDOR AVE, Portland

SW CONDOR AVE, Portland
$150,000
308963076 MLS
A rare opportunity to design and build a custom home in close-in Portland, just one mile southwest of downtown and near OHSU. This lot offers street frontage, a natural ravine setting, and additional buildable area beyond—creating a unique canvas for architecture that responds to the landscape, privacy, and surrounding mature trees.An adjacent vacated street provides added flexibility for access, staging, and site planning—an increasingly valuable advantage for construction in this location.Zoned R5 with a C,z (Constrained Site/Environmental Overlay), the property supports single-family development with an emphasis on environmental sensitivity. The sloped topography lends itself to creative design solutions, including daylight basements, terraced construction, or a home that integrates seamlessly into its natural setting.The opportunity expands with two additional nearby parcels, including a neighboring lot with a dedicated staging area and another contiguous lot (RMLS# 396419600 & 141582666), offering potential for assemblage into a cohesive multi-home project, private compound, or boutique-scale development.Utilities are nearby and public transit is within walking distance, providing convenient access to downtown Portland, OHSU, PSU, and the South Waterfront.Opportunities combining location, natural setting, and development flexibility are increasingly rare. Buyer to complete all due diligence regarding development potential, utilities, and buildability.

SW CONDOR AVE, Portland

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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