$200,000

Unique Development Opportunity Near Downtown Portland – Level Lot with Sweeping City & Mountain Views Located just one mile southwest of downtown Portland, this exceptional level lot offers sweeping panoramic views of the city skyline and surrounding mountains, providing a stunning backdrop for a custom home or boutique development. Unlike the two adjacent lots across the currently undeveloped street—nestled in a natural, forested setting—this parcel boasts open vistas while still being minutes from the vibrant urban core. Zoned R5 with a Cz environmental overlay, the lot encourages thoughtful, environmentally sensitive design. Its gentle slope and open exposure make it ideal for a multi-level home that maximizes light, privacy, and breathtaking views. Whether you envision a modern architectural masterpiece or a warm Northwest contemporary, this site provides a remarkable canvas for creative building. Conveniently close to downtown Portland, OHSU, PSU, and lively cultural districts, this location offers easy access to public transportation, parks, trails, and bike routes, balancing spectacular views with urban convenience. Buyers should note the Cz overlay and lot characteristics may require environmental and geotechnical review during permitting. The opportunity to build a distinctive home with iconic views in this rare location is truly exceptional. Two additional lots across the undeveloped street are also available separately, offering a contrasting natural, wooded setting for expanded development possibilities or multiple custom homes. Whether you’re a developer, builder, or future homeowner, this property delivers a rare combination of panoramic views, proximity, and potential. Opportunities like this are scarce—bring your vision and make it yours.