100 NE Tuality Way Portland, OR 97229

This 16.35-acre parcel is located in a desirable area near downtown Portland and the Beaverton tech corridor. Zoned R10, the property offers natural beauty, future development flexibility, and income-generating potential. A land use study completed in July 2024 and an appraisal in January 2025 indicate the potential for a 24-lot subdivision. The property is offered for sale below the appraised value. Water rights dating back to 1961 are included, allowing storage of up to 13,000 gallons for irrigation, livestock, and fire protection. The property features a functioning pond fed by an intermittent creek. An agricultural tax deferral is in place and transferable. Current usage includes a turnkey horse pasture rental setup with fencing, outbuildings, and equipment. The land includes over 100 mature holly trees and dozens of Western red cedars and Douglas firs, valuable for harvest, custom milling, or décor sales. Additional highlights include heirloom fruit trees, potential for a lot line adjustment or replat, direct road and walk-in access, and a peaceful setting in an area with long-term institutional neighbors like Touchmark. Early site planning indicates easier-than-expected tree removal and infrastructure layout for a future subdivision. This property is suited for a developer, investor, or buyer seeking a legacy property with flexible use, substantial natural resources, and strategic location. Access to the property is from the north side via NW 83rd Pl. Showings are by appointment only.