Discover a unique chance to own a serene, 5-acre parcel in Forest Park, offering the perfect forested retreat on a secluded, dead-end road for you to build your dream home. Located in unincorporated Multnomah County and zoned RR, this property comes with no HOA restrictions. Utilities available nearby. Enjoy access to top-rated schools: Bonny Slope Elementary, Tumwater Middle School, and Sunset High School. Conveniently located 3 minutes from Forest Heights Park & Forest Park Elementary, 20 minutes to Nike, Intel, OHSU and downtown Portland. Buyer to do due diligence. Use neighbors address of 3348 NW Spencer St. Portland in GPS for navigation to the property.
Active
$500,000
Portland, OR 97229
--beds
0baths
5.02Acres
Unimproved Land
Built in ----
5.02 Acres Lot
$633,500 Zestimate®
$--/sqft
$-- HOA
What's special
Secluded dead-end roadForested retreat
- 174 days |
- 104 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Ashley Malpass 503-440-3600,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 620812793
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 5.02 Acres
- Features: Wooded, Gentle Sloping, Acres 5 to 7
Details
- Parcel number: R324551
- Zoning: RR
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
Community
- Subdivision: Forest Park
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Annual tax amount: $1,915
- Date on market: 2/19/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$633,500
$551,000 - $729,000
$3,410/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Listed for sale | $500,000-15.5% |
Source:  RMLS (OR) #620812793 Report a problem | ||
| 9/5/2023 | Sold | $592,000-1.2% |
Source: RMLS (OR) #23660166 Report a problem | ||
| 8/3/2023 | Pending sale | $599,000 |
Source: RMLS (OR) #23660166 Report a problem | ||
| 7/27/2023 | Listed for sale | $599,000 |
Source: RMLS (OR) #23660166 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,226 +4.6% | $340,710 +3% |
| 2024 | $5,954 +3.4% | $330,790 +3% |
| 2023 | $5,761 +2.4% | $321,160 +3% |
| 2022 | $5,626 +3.9% | $311,810 +3% |
| 2021 | $5,415 +6.3% | $302,730 +3% |
| 2020 | $5,092 +3.6% | $293,920 +3% |
| 2019 | $4,917 | $285,360 +3% |
| 2018 | $4,917 +3.4% | $277,050 +3% |
| 2017 | $4,753 +7.3% | $268,990 +3% |
| 2016 | $4,431 | $261,160 +3% |
| 2015 | $4,431 +2.8% | $253,560 +3% |
| 2014 | $4,312 +5.2% | $246,180 +3% |
| 2013 | $4,099 +19.3% | $239,010 +7.7% |
| 2012 | $3,435 +2.9% | $221,900 +3% |
| 2011 | $3,339 +3.3% | $215,440 +3% |
| 2010 | $3,233 +2.1% | $209,170 +3% |
| 2009 | $3,167 +6.8% | $203,080 +3% |
| 2008 | $2,966 +1.2% | $197,170 +3% |
| 2007 | $2,930 +8.8% | $191,430 +3% |
| 2006 | $2,694 -8% | $185,860 +3% |
| 2005 | $2,928 +12.7% | $180,450 +3% |
| 2004 | $2,598 -6% | $175,200 +3% |
| 2003 | $2,763 +14% | $170,100 +3% |
| 2002 | $2,424 +10.6% | $165,150 +6.1% |
| 2000 | $2,192 | $155,670 |
Monthly payment
Climate risks
Neighborhood: 97229
Nearby schools
GreatSchools rating
- 9/10Bonny Slope Elementary SchoolGrades: K-5Distance: 1.1 mi
- 9/10Tumwater Middle SchoolGrades: 6-8Distance: 1.9 mi
- 9/10Sunset High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Bonny Slope
- High: Sunset
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $304,000-- bd-- ba-- sqftW Spencer St, Portland, OR 97229Off Market
- $912,4003 bd3 ba3k sqft3348 NW Spencer St, Portland, OR 97229Off Market
- $---- bd-- ba-- sqftLevy Code 001, Portland, OR 97229Off Market
- $845,0004 bd4 ba3.6k sqft3401 NW Holbrook Ct, Portland, OR 97229Sold
- $1,085,0005 bd4 ba4.3k sqft3343 NW Spencer St, Portland, OR 97229Sold
- $1,018,5005 bd4 ba3.6k sqft3407 NW Holbrook Ct, Portland, OR 97229Off Market
- $---- bd-- ba-- sqftLevy Code 001, Portland, OR 97229Off Market
- $1,326,6004 bd4 ba4.4k sqft3339 NW Spencer St, Portland, OR 97229Off Market
- $824,2004 bd3 ba3k sqft3400 NW Holbrook Ct, Portland, OR 97229Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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