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12505 NW GERMANTOWN RD Portland, OR $ 549,000
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$ 549,000 Get more info
12505 NW GERMANTOWN RD
$ 549,000
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Share Save

12505 NW GERMANTOWN RD

Portland, OR, 97231
$ 549,000
Baths0.0

Monthly Estimate*

$ 3,425

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Studio

Lots and Land for sale in Portland, OR

for $549,000. The lot size is 5.28.

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.

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Lots and Land Active

Price

$ 549,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 4,055

Style

ResidentialRecreational

Lot Size

5.28

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

248289967
Features
General
Utilities ElectricityAvailable
Zoning RR
Property Subtype ResidentialRecreational
Tax Year 2024
Parcel Number R324037
County Multnomah
Property Type Land
HOA N
Status Active
Directions Skyline to Germantown Rd
High School Lincoln
City Portland
Disclosures Disclosure
MLS Area _148
Lot Size Square Feet 229996.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Skyline
Tax Annual Amount 4055.08
Middle/Junior High School Skyline
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 10 1N 1W TL 2400 5.28 ACRES SPLIT LEVY R324062 (R961100390)
ADU False
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Exterior
Lot Features Trees Wooded
Lot Size Acres 5.28
Road Surface Type Paved
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Internal Only
Street Number 1 12505
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* Excluded Features
List By
Matin Real Estate

Broker

reed@matinrealestate.com

Email

Affordability Calculator

$3,763
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,425
Monthly Property Taxes
$338
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950181 Elementary School
1951115 Middle School
Lincoln High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/3/2025$549,000 Listed Price

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12505 NW GERMANTOWN RD, Portland, OR, 97231 is a Lots and Land for sale at $549,000 with a lot size of 5.28. 12505 NW GERMANTOWN RD is a studio with 0.0 baths. The property's zip code is 97231 which is in Portland, OR

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