6 Beds

2 Baths

3,000 SqFt

Active

A one-of-a-kind investment opportunity—two adjoining parcels totaling 4.51 forested R5 acres, just minutes from downtown Portland. The owner has improve the property to last the rest of his life. (See Attached documents) This income-generating (NOI 2024 $234,711.17 2025 current track NOI $328,385) 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.

Property Details
Price $3,600,000
Bedrooms 6
Full Baths 2
Total Baths 2
Property Style DaylightRanch
Acres 4.51
Stories 2
Features HardwoodFloors,Quartz,WasherDryer,WoodFloors
Year Built 1954
Fireplaces 2
Subdivision WEST SLOPE
Roof Rubber
Waterfront Golf Creek
Heating ForcedAir
Foundation ConcretePerimeter
Lot Description Hilly,Stream,Trees,Wooded
Parking Spaces 2
Garage spaces 2
Geographic Data
Directions SW Gayle Ln and SW Katheryn Ln.
County Washington
Latitude 45.504832
Longitude -122.767261
Market Area _148
Address Information
Address 8720 SW KATHERINE LN #A
Unit A
Postal Code 97225
City Portland
State OR
Country United States
Listing Information
Listing Office Keller Williams Realty Professionals
Listing Agent Adrian Wild
Terms Cash,Conventional,OwnerWillCarry
School Information
Elementary School Ridgewood
Middle School Cedar Park
High School Beaverton
MLS® Information
Days on market 197
MLS® Status Active
Listing Date Mar 19, 2025
Listing Last Modified Oct 2, 2025
Tax ID R67625
Tax Annual Amount 14580
MLS® Area _148
MLS® # 637290151

Map View


Contact us about this listing

Your Name (required)

Your Email (required)

Subject (required)

Your Message (required)


This information is believed to be accurate, but without any warranty.