8687 SE 55th Ave, Portland, OR 97206

A rare R-7 opportunity in unincorporated Clackamas County, offering the ideal balance of peaceful country living and everyday urban convenience on an expansive 2/3-acre (29,185 sq ft) lot. Beyond its immediate livability, this property offers exceptional long-term flexibility and multiple development pathways. Buyers may explore options such as building a new home on the property while retaining the existing home as an ADU, or pursuing higher-density strategies such as townhomes, cottage clusters, or adding multiple homes and ADUs, depending on zoning approvals and county requirements.This thoughtfully remodeled 2-bedroom, 1-bath home is paired with an impressive 45' x 20' detached shop featuring a loft w/bthrm. The property has been extensively updated throughout, including a newer roof, siding, interior and exterior paint, flooring, plumbing, and sheetrock, among other improvements creating a truly move-in-ready experience. Designed with durability and low maintenance in mind, the home and shop feature concrete flooring throughout, offering a clean, modern-industrial aesthetic with no carpet anywhere. This versatile property is built for lifestyle flexibility and future potential. Whether you need space for RVs, boats, trailers, equipment, hobbies, entertaining, or income-producing uses, the possibilities are wide open. The generous lot also presents exciting long-term investment or development opportunities.Enjoy a rare combination of functionality, charm, and opportunity, all set in a peaceful, farm-style setting just minutes from Sellwood, Eastmoreland, Richmond, downtown Portland, Lake Oswego, and surrounding amenities. The location also offers access to three major rivers for world-class fishing, skiing, and snowboarding within an hour, as well as nearby golf courses within minutes, all with the benefit of lower county taxes.A rare combination of function, location, and optionality in a tightening land market.