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429 NW Skyline Blvd, Portland, OR 97229 — photograph 1

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429 NW Skyline Blvd, Portland, OR 97229 — photograph 1
6.35 Acres

429 NW Skyline Blvd, Portland

$3,600,000

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ActiveMLS®: 163863269Listing held by another brokerage, marked RMLS
Lot size
6.35 acres
Property type
Land
Days on market
64

Overview

Rare opportunity for builders and developers to shape one of Portland's premier close-in residential properties. Set on approximately 6.35 private acres atop NW Skyline Blvd, this R20-zoned property offers sweeping mountain, valley and city views in an established luxury setting just minutes from the heart of Portland and Beaverton. Previous development concepts have explored the potential for approximately 12 homesites, creating an opportunity to envision an ultra-luxury enclave. Alternatively, pursue a lower-density subdivision with fewer, larger estate-sized lots designed to maximize privacy, views and individual home values. Portland's expanded middle housing regulations create additional possibilities to explore. Or, for a completely different vision, retain the property as one spectacular homesite, replace the existing residence and create a landmark estate with room for exceptional amenities, gardens, outdoor living and more. Few properties combine this amount of close-in acreage, privacy, views and development flexibility. Extensive prior engineering and development work has already been completed, providing a substantial head start for a builder or developer evaluating the property’s future potential. Additional maps, geotech analysis and development information are available by request. Buyer to perform all due diligence and verify zoning, density, lot yield, middle housing eligibility, utilities, access and development feasibility with the City of Portland and other applicable agencies. Property has gated access and is shown by appointment only.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
6.35 acres
View
Yes
View description
City, Mountain, River

Schools

High school
Lincoln
Middle school
West Sylvan
Elementary school
Forest Park

Location

City
Portland
County
Multnomah
Zoning
R20

Taxes and dues

Annual taxes
$24,029 (2026)

Location

429 NW Skyline Blvd, Portland, OR 97229

Map showing the location of 429 NW Skyline Blvd, Portland, OR 97229
© Mapbox © OpenStreetMap

Monthly payment estimate

$21,163 /mo

20% · $720,000
7.00%
Principal and interest
$19,161
Property tax (2026)
$2,002
Total
$21,163

Estimate only, and not an offer of credit. Assumes 20% down ($720,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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