Located in Portland's esteemed Dunthorpe neighborhood, this 1.22-acre property presents exceptional potential for development or a full-scale reimagining. The majority of the land lies within unincorporated Multnomah County rather than the City of Portland--an advantage reflected in its lower property taxes. The primary 1-acre portion is zoned R-20. An additional .22-acre parcel is located in Clackamas County and zoned R-30. Buyers are encouraged to conduct their own due diligence with the appropriate jurisdictions regarding building options, allowable density, and development feasibility. A developer packet is available.The existing mid-century daylight ranch--featuring primarily main-level living--is being sold AS-IS and offers a versatile canvas for renovation, expansion, or replacement. Whether you are a builder, investor, or homeowner with a distinct vision, the opportunities here are outstanding. Create a modern architectural statement, restore the home's classic mid-century character, or explore multi-lot development potential.The home features plenty of light and hardwood floors.A possible future building site sits behind the current home--level, sun-filled, and backing to Terwilliger--which may also allow for a secondary access point. This is a rare offering in one of Portland's most desirable neighborhoods. Don't miss the chance to shape the future of this remarkable property.

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