#432155776, Greg Messick, Listing office: RealtyNET, LLC
20220 E Peter Pl Unit 3 Sandy, OR 97055
Property details
About 20220 E Peter Pl Unit 3
First time on the market in nearly 50 years! Unique opportunity with THREE detached homes on one 3.55 acre lot. Each home is perfectly positioned on the property with ample yard space, private decks, garages, an individual septic system and a shared well. Let your imagination run wild! Could this be your compound with family or friends? Multigenerational living? An investment property? Or mix it up and live in one, long term rent one and short term rent one for a diverse investment property. These homes have been lovingly updated and maintained with care. Unit 1 (20200 E Peter Place) - 2 bed/1 bath, 773 SqFt, 1 car garage, completely rebuilt in 2021 Unit 2 (20210 E Peter Place) - 3 bed/2 bath, 885 SqFt, 1 car garage, remodeled in 2021. Unit 3 (20220 E Peter Place) - 2 bed/1 bath, 785 SqFt, 1 car garage + carport, remodeled in 2021 (currently vacant and the only unit available for showings at this time.) All three homes have updated kitchens, stainless steel appliances, LVP flooring, washer/dryer in unit, wood fireplace or woodstove and newer decks. This property is conveniently located off HWY 26 - 20 minutes to skiing, 15 minutes to Sandy and 1 hour to Portland or PDX. Just 5 minutes down the road are the Mt. Hood Villages with restaurants, groceries, cafes, shopping and services. Tucked along the foothills of Mt. Hood your outdoor adventure awaits with hiking, Mt. biking, snow sports plus gorgeous rivers and lakes at your fingertips. These homes have been successful long term rentals for decades. Current Rental Financials include: Gross Rental Income $83,520 and Estimated Operating Expenses $22,000 = Estimated Net Income $61,520. Ask your agent for a full financial packet with details. Additional Info: Photos are primarily of 20220 (Unit 3.) Short term rentals are currently allowed per Clackamas County regulations - buyer to do due diligence. Est. SqFt for Units 1 & 2. Please no drive bys, do not disturb tenants.
Highlights
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Range, Refrigerator, Microwave
- Basement: No
- Interior: Ceiling Fan(s), Laundry, Washer/Dryer
- Fireplace: Stove
- Total Bedroom Count: 2
- Garage Space: 1 space
- Attached Garage: No
- Parking: Driveway, Street Parking
- View: Seasonal View, Trees/Woods
- Exterior: Deck, RV Parking, Yard
- Architectural Style: 1 Story, Bungalow
- Heating: Wood Stove, Zoned
- List Price: $997,800
- Price/SqFt: $1,271
- Lot: Level, Private, Trees, Wooded
- Directions: HWY 26 to Peter Place, just past the weigh station on left when headed toward Mt. Hood
- Year Built: 1955
- Stories: 1
- Living Area: 785 SqFt
- Lot Size: 3.55 Acres
- MLS Number: 216512944
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Keller Williams Realty Professionals
- Office Phone: (503) 546-9955
- Listing Agent: Katelin Wille
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/7/2025, 12:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$997,800
20220 E Peter Pl Unit 3
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
5
Firwood Elementary School
Public District KG-5
9.0 mi
•42900 SE Trubel Rd
2
Sandy Grade School
Public District KG-5
11.1 mi
•38955 Pleasant St
9
Kelso Elementary School
Public District KG-5
13.5 mi
•34651 SE Kelso Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,539. Residents of Sandy, OR typically earn between $100k-200k each year. Most families are married, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
Frequently asked questions
Living in Sandy, OR
Transportation in Sandy includes a network of roads that connect residents to the greater Clackamas County area and beyond. Public transit options are available, offering connections to nearby cities and amenities. The town's layout supports a pedestrian-friendly environment in certain areas, with an emphasis on maintaining walkable spaces. Enhancements to the transportation infrastructure are considered as the community grows, aiming to improve accessibility and convenience for all residents.
The community of Sandy is served by a number of public schools, ensuring educational opportunities for children of various ages. Healthcare services are available to meet the needs of residents, with clinics and specialized medical services providing care. The town also features a public library, and a selection of retail and dining options that reflect the local culture and provide residents with convenience and variety.
Sandy is celebrated for its close-knit community feel and its proximity to natural attractions, including the scenic beauty of the nearby Mount Hood. The town prides itself on a relaxed lifestyle that is connected to the outdoors, with numerous trails and parks that are well-utilized by residents. Local events and festivals throughout the year contribute to the town's vibrant community spirit.
Sandy, Oregon, offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in Sandy vary, with a mix of contemporary and traditional designs that cater to a range of aesthetic preferences. The housing market is characterized by a blend of older homes with rich histories and newer constructions that offer modern amenities.
About 20220 E Peter Pl Unit 3
The listing price of 20220 E Peter Pl Unit 3 property is $997,800.
The property 20220 E Peter Pl Unit 3 is a house located in Sandy, Oregon, 97055.
Active Listing: 20220 E Peter Pl Unit 3 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 20220 E Peter Pl Unit 3 are: Firwood Elementary School (GreatSchools Rating 5/10), Sandy Grade School (GreatSchools Rating 2/10), Kelso Elementary School (GreatSchools Rating 9/10), Welches Middle School (GreatSchools Rating 6/10), Welches Elementary School (GreatSchools Rating 9/10), Cedar Ridge Middle School (GreatSchools Rating 5/10), Sandy High School (GreatSchools Rating 8/10), Oregon Trail Academy (GreatSchools Rating 8/10), Summit Learning Charter (GreatSchools Rating 9/10).
The property at 20220 E Peter Pl Unit 3 has 2 bedrooms and 1 bathroom.
The property 20220 E Peter Pl Unit 3 is 785 SqFt (source: MLS/tax record).
The year of construction for 20220 E Peter Pl Unit 3 is 1955.
This home is located at 20220 E Peter Pl Unit 3 in Sandy, OR and zip code 97055. This 785 square foot home, which was built in 1955, sits on a 3.55 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $997,800.
While more than 7 listings in Sandy, OR in May 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in Sandy, OR between April and May 2025 increased by 11.8%. In May 2025 median list price was $495,000 and the average listing age was 155 days.