22
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Listed by Cascade Hasson Sotheby's International Realty
$3,600,000
Est. payment /mo
16.35 Acres Lot
New
100 NE TUALITY WAY NW Portland, OR 97229
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Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 168489637
Annual Tax Amount $995
Tax Year 2024
Lot Size 16.350 Acres
Property Sub-Type Mixed Use
Property Description
Welcome to a rare and versatile 16.35-acre parcel in a highly desirable location near downtown Portland and the Beaverton tech corridor. Please do not drive to the home at 100 NW Tuality Way—access to the property is from the north side via NW 83rd Pl. Showings are by appointment only; Zoned R10 and rich with possibilities, this property offers a unique blend of natural beauty, future development flexibility, and income-generating potential. A $20,000+ land use study and Early Assistance meeting with the City of Portland was completed in July 2024, and an appraisal by Appraisal Consulting Group followed in January 2025, showing the potential for a 24-lot subdivision. The property is offered for sale below the appraised value, making this an outstanding opportunity. Water rights dating back to 1961 are included—allowing storage of up to 13,000 gallons for irrigation, livestock, and fire protection. The property features a functioning pond fed by an intermittent creek. An agricultural tax deferral is in place and transferable, potentially saving tens of thousands annually. Current usage includes a turnkey horse pasture rental setup with fencing, outbuildings, and equipment. The land includes over 100 mature holly trees and dozens of Western red cedars and Douglas firs—valuable for harvest, custom milling, or décor sales. Additional highlights include heirloom fruit trees, potential for a lot line adjustment or replat, direct road and walk-in access, and a peaceful setting in an area with long-term institutional neighbors like Touchmark. Early site planning indicates easier-than-expected tree removal and infrastructure layout for a future subdivision. This is an exceptional opportunity for a developer, investor, or buyer seeking a legacy property with flexible use, substantial natural resources, and strategic location. Buyer to perform all due diligence with the City of Portland.
Location
State OR
County Multnomah
Area _148
Zoning R10
Exterior
Utilities Available None
Waterfront Description Creek
View Territorial, Trees Woods
Garage No
Building
Lot Description Trees, Wooded
Schools
Elementary Schools W Tualatin View
Middle Schools Cedar Park
High Schools Beaverton
Others
Acceptable Financing CallListingAgent, Cash, Conventional
Listing Terms CallListingAgent, Cash, Conventional
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