429 NW SKYLINE BLVD, Portland, OR 97229

Property Description

Rare opportunity for builders and developers to shape one of Portland's premier close-in residential properties. Set on approximately 6.35 private acres atop NW Skyline Blvd, this R20-zoned property offers sweeping mountain, valley and city views in an established luxury setting just minutes from the heart of Portland and Beaverton. Previous development concepts have explored the potential for approximately 12 homesites, creating an opportunity to envision an exclusive ultra-luxury enclave. Alternatively, pursue a lower-density subdivision with fewer, larger estate-sized lots designed to maximize privacy, views and individual home values. Portland's expanded middle housing regulations create additional possibilities to explore. Or, for a completely different vision, retain the property as one spectacular homesite, replace the existing residence and create a landmark estate with room for exceptional amenities, gardens, outdoor living and more. Few properties combine this amount of close-in acreage, privacy, views and development flexibility. Extensive prior engineering and development work has already been completed, providing a substantial head start for a builder or developer evaluating the property’s future potential. Additional maps, geotech analysis and development information are available by request. Buyer to perform all due diligence and verify zoning, density, lot yield, middle housing eligibility, utilities, access and development feasibility with the City of Portland and other applicable agencies. Property has gated access and is shown by appointment only.