$10,000 Closing Credit¹
#24202596, Amanda Andruss, Ashley Arenz, Listing Office: Renaissance Development Corp.
Property details
About 8720 SW Katherine Ln
A one-of-a-kind investment opportunity—two adjoining parcels totaling 4.51 forested R5 acres, just minutes from downtown Portland. This income-generating retreat offers multiple rental units, a stunning natural setting, and high revenue potential. 8720 SW Katheryn Ln (Pictures 2-10) – A 3,000 sq. ft. remodeled daylight ranch with six bedrooms, two permitted kitchens, and high-quality timber construction on 2.16 acres. Available separately for $1,490,000. 2215 SW 87th Ave (Pictures 11-17) – A 3,270 sq. ft. four-bedroom, three-bath home featuring remodeled bathrooms, stunning wood paneling, and a durable metal roof on 2.35 acres.• Yeti’s Treehouse (Pictures 19-24) – Built on four live trees, featuring a kitchenette, bathroom, outdoor soaking tub, & zipline. Highest-grossing rental.• The Old Barn (Pictures 26-33) – A remodeled barn-themed retreat with a large kitchen area, grand piano, orthopedic bed, hot tub, & unique charm.• Sasquatch Tiny Treehouse (Pictures 35-41) – A cozy woodland retreat with wood paneling, kitchenette, vaulted ceilings, & full bathroom. Right on the water!• Bigfoot Glamping Treehouse (Pictures 43-47) – A 10-ft elevated hideaway overlooking the ravine, perfect for wildlife watching. 2215 SW 87th Ave, including all four short-term rental units, is available for separate purchase at $2,425,000. This thriving rental business has been a labor of love for the owner, generating high revenue. Sale includes six months of consulting to ensure a smooth transition. Whether as a lucrative rental operation, a dream retreat, or a development, this property is truly one of a kind.
Highlights
Home typeOther
HeatingForced Air
StatusActive
CoolingCentral Air
BasementYes
Lot size4.51 Acres
Year built1954
ParkingDriveway, Garage
MLS #192718413
Garage2 spaces
WaterfrontCreek
ViewCreek/Stream, Trees/Woods, Valley
Summary
- MLS Number: 192718413
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Keller Williams Realty Professionals
- Office Phone: (503) 546-9955
- Listing Agent: Adrian Wild
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: 4/17/2025, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,600,000
8720 SW Katherine Ln
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $420,700 | $7,477 |
| 2022 | $408,450 | $7,215 |
| 2021 | $396,560 | $7,215 |
| 2020 | $385,010 | $6,913 |
| 2019 | $373,800 | $6,641 |
| 2017 | $352,350 | $6,193 |
History based on county public records data.
Nearby schools
5
Ridgewood Elementary School
Public District KG-5
0.7 mi
•10100 SW Inglewood St
9
West Tualatin View Elementary School
Public District KG-5
0.7 mi
•8800 SW Leahy Rd
4
Raleigh Park Elementary School
Public District KG-5
1.0 mi
•3670 SW 78th Ave
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 $64,394. The majority of Portland, OR residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
29%
<35k
37%
35k-100k
29%
100k-200k
5%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
4%
Single, with Kids
26%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
20%
18-34 yrs old
47%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Continuing Education Courses
Yoga/pilates
Where do the neighbors shop?
Chico's
Express/Express For Men
H&M
Where do the neighbors go to eat?
Boston Market
Qdoba
Dominos Pizza
What do the neighbors drive?
Volvo
Volkswagen
Audi
What do the neighbors listen to?
Talk/Personality
Urban Contemporary
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Portland, OR
About 8720 SW Katherine Ln
This home is located at 8720 SW Katherine Ln in Portland, OR and zip code 97225. Features: 0 bathroom. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $3,600,000.
Portland, OR housing market in March 2025 saw over 260 listings sold above listed price, more than 174 sold at listed price and over 254 sold below. The inventory of homes for sale in Portland, OR between February and March 2025 increased by 11.5%. While the average time on the market in March 2025 was 58 days, the median list price was $547,107.
From Rocket Homes Real Estate and based on county public records data.