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View Residential Development Lot
For Sale
$1,595,000

1235 SW MYRTLE Ct, Portland, OR 97201

LAND - Portland, OR

Lot Size0.51 Acres
Days on Market169

Property Features for 1235 SW MYRTLE Ct

General Information

Property type Land
Property subtype Single Family Residence
Zoning R10
View City
Elementary school Ainsworth
Middle school West Sylvan
High school Lincoln
Directions Myrtle to Myrtle Ct
Subdivision _148
Standard status Active
APN R127333
Lot size 0.51 Acres

Taxes and HOA fees

Tax Description CARDINELL HTS, LOT 28&29 TL 8900
Tax Annual Amount 47255
Legal Description CARDINELL HTS, LOT 28&29 TL 8900
Listing Agency: LUXE Forbes Global Properties
Listed By: Terry Sprague · License #200509281
Added: Feb 11 Changed: Jun 3 Last Checked: Jul 30 at 2:06PM
MLS# 378371258

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering presents a rare, elevated residential lot with sweeping views of downtown Portland, the Willamette River, and four iconic mountains. A current residence is included in the sale, giving buyers flexibility to renovate and maximize the setting or pursue redevelopment options. The property is positioned to support a custom estate concept, subject to the buyer’s planning and due diligence.

Located in the West Hills area of Portland, the homesite is described as “premier positioning” and is suited to buyers seeking a high-visibility view orientation. The listing notes that renderings and imagery are conceptual only and provided for illustrative purposes. Buyer confirmation is required regarding development potential, design feasibility, and permitting.

This is an attractive fit for owner-users who value long-term view quality and want the option to update an existing home, or for investors and developers evaluating redevelopment possibilities for a larger, elevated homesite. The combination of included residence and established lot location can support a range of strategies, from preserving and improving to reimagining the site, based on each buyer’s due diligence outcomes.

Key Highlights

  • Elevated West Hills homesite with sweeping views of downtown Portland and the Willamette River
  • View corridor includes four mountains: Hood, Adams, St. Helens, and Rainier
  • Generous lot size for redevelopment, renovation, or reimagining

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Locksmith Auto Parts Store Pet Grooming Service Butcher Tanning Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,166
Businesses Nearby

Demographics for 97201, OR

17,352
Population
10,748
Households
1.6
Avg Household Size
34
Median Age
67%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
9,133
Density / Sq Mi
$67,074
Median Household Income
$48,101
Median Earnings
$1,565
Median Rent
$648,400
Median Home Value

Market

Properties on Market for Land in Portland

Jan
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Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Elevated homesite with sweeping downtown, river, and mountain views, plus an existing residence for renovation or redevelopment.
Where is this land located?
The property is located at 1235 SW MYRTLE Ct Portland, OR.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Elevated West Hills homesite with sweeping views of downtown Portland and the Willamette River; View corridor includes four mountains: Hood, Adams, St. Helens, and Rainier; Generous lot size for redevelopment, renovation, or reimagining
More about this property
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