$725,000
Original price: $750,000
1721 SW Butler Rd, Gresham, OR 97080
Est. Mortgage $4,298/mo*
Get Pre-QualifiedHome Highlights
Listed
146 days ago
Local Information
- Map ViewExplore the area around 1721 SW Butler Rd.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Discover the potential of this rare 3.88-acre residential parcel ideally positioned for future development. With a brand-new subdivision nearing completion just down the road, the momentum for new housing in the area is already underway—making this an exciting opportunity for builders, developers, or investors looking to secure their next project. The existing home is currently owner-occupied, but the true value lies in the land and its development possibilities.Preliminary concepts suggest the potential for a thoughtfully designed residential community, with room for multiple homes (buyer to verify with city). A certified arborist tree inventory has already been completed, offering helpful insight for planning and site design. Early discussions indicate utilities such as water and sewer may be extended from the north side of the property, creating a logical path for future infrastructure (buyer to verify).Located along Butler Road, future development may include frontage improvements such as sidewalks and related enhancements, consistent with nearby new construction. Depending on final engineering, grading and retaining solutions may be incorporated into a cohesive subdivision design. The surrounding area is experiencing growth, and the nearby new subdivision highlights the strong demand for new homes in this desirable location.Builders may envision a boutique subdivision, a cluster of new homes, or even a luxury estate concept utilizing the full acreage. The existing residence provides flexibility for interim use while development plans are explored. Whether you're looking to build now or secure land for your next project, this property offers scale, flexibility, and timing aligned with nearby development activity.Opportunities of this size with development potential—especially near newly built communities—are increasingly hard to find. Bring your vision and explore the possibilities. Buyer to perform all due diligence regarding zoning, density, and utilities.
Last check for updates: about 1 hour ago
Listing courtesy of Brent Maxson, (503) 720-1931
Keller Williams PDX Central
Source: RMLS (OR), MLS#477658964
Home Details for 1721 SW Butler Rd
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MLS Status: Active |
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Appliances & Utilities Utilities: Electricity Connected, Cable Connected |
Heating & Cooling No CoolingNo Heating |
View Has a ViewView: Territorial |
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Exterior Home Features Other Structures: Existing Structures |
Parking & Garage No Attached Garage |
Frontage Road Frontage: Private RoadRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Septic Tank |
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Days on Market: 146 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land, Single Family Residence |
Building Not Attached Property |
Property Information Parcel Number: R240586 |
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Price List Price: $725,000 |
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Direction & Address City: Gresham |
School Information Elementary School: Butler CreekJr High / Middle School: CentennialHigh School: Centennial |
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Listing Agent Listing ID: 477658964 |
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No HOA |
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Lot Area: 3.88 Acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 477658964 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Southwest
At least 30 Trulia users voted on each feature.
100 % Say it's dog friendly
89 % Say car is needed
89 % Say yards are well-kept
87 % Say streets are well-lit
84 % Say there are sidewalks
79 % Say parking is easy
73 % Say it's quiet
71 % Say there's holiday spirit
66 % Say people would walk alone at night
64 % Say there's wildlife
61 % Say neighbors are friendly
56 % Say they plan to stay for at least 5 years
51 % Say kids play outside
37 % Say it's walkable to restaurants
34 % Say it's walkable to grocery stores
31 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Gresham
Last updated July 2026
Avg. sale price
$466K
$234MoM
Sale-to-List Price
100.0%
Price per sq ft
$275
$1MoM
Available listings
365
38MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
2.03 | Lot/Land | $117,000 | 07/30/26 | - | - | ||
2.12 | Lot/Land | $160,000 | 04/10/26 | - | - | ||
2.39 | Lot/Land | $275,000 | 11/07/25 | - | - | ||
2.66 | Lot/Land | $303,000 | 04/14/26 | - | - | ||
2.50 | Lot/Land | $65,224 | 05/15/26 | - | - | ||
2.99 | Lot/Land | $695,000 | 06/03/26 | - | - | ||
2.79 | Lot/Land | $450,000 | 05/01/26 | - | - | ||
3.09 | Lot/Land | $1,000,000 | 07/09/26 | - | - | ||
3.46 | Lot/Land | $529,000 | 10/24/25 | - | - | ||
3.39 | Lot/Land | $363,000 | 04/29/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.07 | $605,700 | 4 | 2 | 2,819 | Off Market | |
0.13 | $1,175,000 | 5 | 3 | 3,432 | For Sale | |
0.14 | $536,700 | 4 | 2 | 2,268 | Off Market | |
0.15 | $543,900 | 4 | 2 | 2,756 | Off Market | |
0.20 | $508,400 | 3 | 2 | 1,396 | Recently Sold | |
0.18 | $675,000 | 5 | 2 | 3,228 | Recently Sold | |
0.21 | $800,000 | 5 | 2 | 3,054 | For Sale | |
0.19 | $510,000 | 4 | 2 | 2,757 | Recently Sold | |
0.23 | $553,800 | 3 | 2 | 1,749 | Off Market | |
0.22 | $652,300 | 3 | 2 | 3,677 | Off Market | |
0.25 | $1,800,000 | 3 | 2 | 2,600 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 10, 2026 Source: RMLS (OR) #477658964 | PriceChange | $725,000 Price decreased by 3% |
Jul 16, 2026 Source: RMLS (OR) #477658964 | PriceChange | $750,000 Price decreased by 9% |
May 9, 2026 Source: RMLS (OR) #477658964 | PriceChange | $825,000 Price decreased by 6% |
Apr 6, 2026 Source: RMLS (OR) #477658964 | Listed For Sale | $875,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,106 | $447,880 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Brent Maxson, Keller Williams PDX Central
Agent Phone: (503) 720-1931
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 brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon.
This content last updated on 2026-08-30 08:04:02 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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Frequently asked questions about 1721 SW Butler Rd
- How big is 1721 SW Butler Rd?1721 SW Butler Rd in Gresham, OR is about 3.9 acres.
- What is the price per acre for 1721 SW Butler Rd?1721 SW Butler Rd in Gresham, OR is listed at $725,000, or about $185K per acre.
- What do residents say about the Southwest neighborhood?Residents describe the Southwest neighborhood in Gresham, OR as dog-friendly, well-kept, and pedestrian-friendly. See homes for sale in Southwest, Gresham.
- What are the closest schools to 1721 SW Butler Rd?The closest schools to 1721 SW Butler Rd in Gresham, OR are Butler Creek Elementary School (rated 7/10), Centennial High School (rated 4/10), Centennial Middle School (rated 3/10).