When friends and family roll in for the holidays, space inside the house is coveted. But year round, the lot has more value, with the potential to appreciate more than any structure, say real estate experts.
As more people move into an area, the demand for development drives up land's value, according to data analyzed by the financial education source Investopedia. Even land that can't be divided can be prized as a private retreat.
In this week's real estate gallery, we look at homes for sale sitting on an acre or more of earth.
--Janet Eastman | 503-294-4072
jeastman@oregonian.com | @janeteastman
Premiere Property Group
93.57 acres in Hillsboro
The 93.57-acre Highgrove Estate at 22380 N.W. Meier Road is listed at $6.5 million.
The two-level, Colonial-style house, built in 1988, has five bedrooms, five full bathrooms, two powder rooms and 9,658 square feet of living space.
The land includes a large pool house, carriage house with modern loft-style apartment, barn with winery-cidery capabilities, conservatory greenhouse, office building, warehouse, equipment barns, children's cottage, certified organic vineyard, orchards, gardens plus two ponds.
Premiere Property Group
93.57 acres in Hillsboro
"Do not enter property without a broker. Prequalified buyers only," say listing agents Matthew Tackett and Peter Bouman of Premiere Property Group of the property at 22380 N.W. Meier Road.
Keller Williams Realty Professionals
18.54 acres in Corbett
The Argentinian-style house, built in 1997 on 18.54 acres overlooking the Columbia River at 34931 E. Historic Columbia River Hwy., is listed at $2.5 million.
The two-level house has a great room, library, four bedrooms, 3.5 bathrooms and 5,298 square feet of living space.
Keller Williams Realty Professionals
18.54 acres in Corbett
"Grand spaces for entertaining, dramatic use of windows to allow the outdoors into every room, indoor-outdoor patios and verandas, private gardens," says listing agent Chris Suarez of Keller Williams Realty Professionals about the property at at 34931 E. Historic Columbia River Hwy.
More Realty
9.81 acres in Troutdale
The Old Portland-style house, built in 1904 on 9.81 acres at 2035 S.E. Troutdale Road, is listed at $2,250,000.
The three-level house has three bedrooms, 1.5 bathrooms and 2,889 square feet of living space plus a barn.
More Realty
9.81 acres in Troutdale
"Make an offer," says listing agent Allen Riddle of More Realty of the property at2035 S.E. Troutdale Road. "This amazing Zone R-10 property has a great upside for a multi-home development with views of Mount Hood and nice trees and creek at the footsteps of these finished homes. This property is a must for any builder or local family farm to add to their portfolio."
Luxe Christie's International Real Estate
9.74 acres in Forest Park
The modern mansion, built in 2003 on 9.74 acres at 9912 N.W. Wind Ridge Dr., is listed at $8,650,000.
The three-level house has a two-story open living and dining area, commercial-grade kitchen, sound-proof music room, four bedrooms, four full bathrooms, four powder rooms, an indoor pool and 11,807 square feet of living space plus guest quarters.
Luxe Christie's International Real Estate
9.74 acres in Forest Park
"Architectural treasure in West Hills. Incredible modern design with stunning imported stone, wood and glass, breathtaking mountain views from every room. World class material and craftsmanship ... Perfect for entertaining, art, those wanting to live in a modern masterpiece," says listing agent Terry Sprague of Luxe Christie's International Real Estate of the property at 9912 N.W. Wind Ridge Dr.
John L. Scott Sandy
9.3 acres in Troutdale
The chateau-inspired mansion, built in 2007 on 9.31 acres at 30260 N.E. Springhill Road, is listed at $2,950,000.
The three-level house has six bedrooms, four full bathrooms, three partial bathrooms and 7,738 square feet of living space.
John L. Scott Sandy
9.3 acres in Troutdale
"Just 20 minutes to downtown Portland and five minutes from the famous Columbia River Gorge where the outdoor enthusiast will enjoy access to a myriad of hiking trails, world-class fishing," says listing agent Brian Gentry of John L. Scott Sandy of the property at at 30260 N.E. Springhill Road.
Pro Group Realty and Property Management
6.07 acres in Buxton
The 6.07-acre property at Northwest Oregon Route 47 at Northwest Nowakowski Road sold for $185,000 on Sept. 16, 2019.
The manufactured home has two bedrooms, one bathroom and 672 square feet of living space.
"Beautiful little setting surrounded by timber. Type 1 replacement approval required for building," said listing agent Linda Monte of Pro Group Realty and Property Management.
Premiere Property Group
5.81 acres in Sherwood
The contemporary country estate-style house, built on 5.81 gated acres at 10770 S.W. Tonquin Loop, is listed at $1,988,000.
The two-story custom home was designed and built by a team who created a Street of Dreams house. This home has a great room with floor-to-ceiling windows, tray ceilings, cove lighting, six bedrooms, four full bathrooms, two powder rooms and 5,198 square feet of living space.
The original farmhouse, horse stable and corral are included in the property.
Premiere Property Group
5.81 acres in Sherwood
"Luxury and tranquility," says listing agent Lois Oliver-Miesbach of Premiere Property Group about the property at 10770 S.W. Tonquin Loop.
Where, Inc
3.4 acres in the West Hills
The midcentury modern house, designed by architect Walter Gordon and built in 1971 on 3.4 acres at 5335 S.W. Patton Road, is listed at $6,975,000.
The remodeled, two-level dwelling has floor-to-ceiling windows, four bedrooms, five full bathrooms, two powder rooms and 8,162 square feet of living space. A veranda overlooks the pool.
Where, Inc
3.4 acres in the West Hills
"Bound by Portland's natural surroundings and panoramic vistas," say listing agents Suzann Baricevic Murphy and Lorraine Rose of Where, Incof the property at at 5335 S.W. Patton Road. "Wrapped in brick for a large part, the exterior is in sublime contrast to the tropical-inspired gardens and native forest that surround the perimeter."
RE/MAX Equity Group
2.1 acres in Forest Park
The daylight ranch-style house, built in 1937 on 2.1 acres at 10549 N.W. Skyline Blvd., is listed at $449,500.
The updated two-story house has three bedrooms, three bathrooms and 1,312 square feet of living space.
RE/MAX Equity Group
2.1 acres in Forest Park
"Great layout for extended family or renting rooms. Each bedroom has a door to the exterior and a bathroom. Lots of room for RV parking," says listing agent Tom Stubbs of RE/MAX Equity Group of the property at at 10549 N.W. Skyline Blvd.
Great Western Real Estate Co.
1.09 acres in Pleasant Valley
The ranch house, built in 1950 on 1.09 acres at 5720 S.E. Jenne Road, is listed at $389,000.
The dwelling has three bedrooms, two bathrooms and 1,496 square feet of living space.
Great Western Real Estate Co.
1.09 acres in Pleasant Valley
"One-acre lot in the city, conveniently located between Powell and Foster Road. The one-level home makes a great rental or first home. Do not disturb tenants," says listing agent Cornell Mann of Great Western Real Estate Co. of the property at 5720 S.E. Jenne Road.
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Original post:
On the market: Homes sitting on an acre or more of valuable land - OregonLive
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