$1,399,999
 $7,515 est/mo Sourced by Back At You

1335 NW 128th Ave Lot 1,Portland, OR 97229

Portland, OR 97229

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Description

A rare development opportunity in the heart of Terra Linda! Centrally located in Cedar Mill, this expansive R-5 property offers incredible potential in one of the area's most established neighborhoods. Seller's recent survey illustrates the possibility of retaining the existing home, detached garage and pool while creating up to four additional homesites, offering a unique opportunity for a builder, developer or buyer looking to maximize the property's potential. The property currently includes an existing residence, detached one-bedroom/one-bath ADU, detached garage, large shop, pool and gazebo. Washington County's R-5 designation is intended for residential development and generally allows a density of four to five units per acre, with additional possibilities for qualifying middle housing development. Buyer to perform all due diligence regarding zoning, land division, density, utilities, access and development feasibility. Located in the heart of Terra Linda with easy access to parks, schools, coffee shops, restaurants and everything Cedar Mill has to offer. Opportunities for a property of this size and development potential in such an established Westside location are incredibly hard to find. Please do not walk the property without an appointment.

Details

MLS #667896291
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site23
Listing Provided ByThe Agency Portland | Hannah Novak

Features

ZoningR5
Acreage0.93

Interior

Heating YnNo
Cooling YnNo

Parking

Attached Garage YnNo

Utilities

UtilitiesElectricity Available, Natural Gas Available, Public Sewer, Water Available, Water Connected

Taxes

Property10015

Area Information

StateOR
CountyWashington
CityPortland
Zip Code97229
Community NameTERRA LINDA
School DistrictSunset
Elementary SchoolTerra Linda
High SchoolSunset
Listing VS Median (in TERRA LINDA)
Price:
$1,399,999
low | high
Med:
$615,000
100% of Average
On site:
23
low | high
Med:
73
31.506849315068% of Average
Sourced by Back At You

Market Activity 97229

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Learn More About This Property

StateOR
CountyWashington
CityPortland
Zip Code97229
Community NameTERRA LINDA
School DistrictSunset
Elementary SchoolTerra Linda
High SchoolSunset
Listing VS Median (in TERRA LINDA)
Price:
$1,399,999
low | high
Med:
$615,000
100% of Average
On site:
23
low | high
Med:
73
31.506849315068% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.49M - $1.749M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1335 NW 128TH AVE Property Photo 1
$1,399,999
1335 Nw 128th Ave
Portland, OR 97229
Listing Updated: October 1, 2026 at 8:58:43 AM PDT