Prime Vacant Land with Stunning Tualatin Valley views. All land use permits new as of Dec 2024 and valid through Dec 2026. Construction permits can be approved in approximately 30 days. Note that the land use permits required almost 18 months. This represents a significant investment as a prerequisite to construction. Approved new home design of a 5 bedroom, 6 bath luxury home of 3,500 sq ft. With 800 ft drive way providing privacy in a forest. It includes approvals for city water, septic system, and minor updates to the existing driveway. Enjoy a serene, elevated location just 30 minutes to PDX, 20 minutes to Downtown Portland, and 15 minutes to Providence Hospital. A rare chance to build your dream home close to Nike, Intel, and all the city’s amenities—without sacrificing privacy or breathtaking views.
Active
$549,000
12505 NW Germantown Rd, Portland, OR 97231
--beds
0baths
5.28Acres
Unimproved Land
Built in ----
5.28 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Stunning tualatin valley viewsSerene elevated locationPrivacy in a forest
- 254 days |
- 225 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: June 26, 2025 at 06:59am
Listed by:
Reed Bright 503-927-7110,
Matin Real Estate
Source: RMLS (OR),MLS#: 248289967
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Territorial, Trees/Woods, Valley
Lot
- Size: 5.28 Acres
- Features: Trees, Wooded, Gentle Sloping, Acres 5 to 7
Details
- Parcel number: R324037
- Zoning: RR
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Tax assessed value: $491,500
- Annual tax amount: $4,055
- Date on market: 4/3/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2025 | Listed for sale | $549,000+103.3% |
Source: | ||
| 4/3/2023 | Sold | $270,000-9.4% |
Source: | ||
| 2/10/2023 | Pending sale | $298,000 |
Source: | ||
| 1/1/2023 | Listed for sale | $298,000+45.4% |
Source: | ||
| 11/25/2015 | Sold | $205,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,255 +4.9% | $212,080 +3% |
| 2024 | $4,055 +2.6% | $205,910 +3% |
| 2023 | $3,951 +3.2% | $199,920 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 97231
Nearby schools
GreatSchools rating
- 9/10Skyline Elementary SchoolGrades: K-8Distance: 3 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 7.1 mi
Schools provided by the listing agent
- Elementary: Skyline
- Middle: Skyline
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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