A one-of-a-kind investment opportunity two adjoining parcels totaling 4.51 forested R5 acres, just minutes from downtown Portland. This income-generating ($300,000 in 2025)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.
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Heating System: Wood (Heating)
- Heating System: Forced Air
- Heating System: Wood Stove
- Legal Description: 4.51 Acres
- MLSID: 232808287
- Roof Type: Composition
- Roof Type: Metal
- Roof Type: Rubber