7324 NW Penridge Rd

Portland, OR 97229

$379,900
Price
50,965 / 1.17
Lot Size / Acres

Description

Serene 1.17-Acre Lot in a Prestigious Portland EnclaveDiscover an exceptional opportunity to build your dream home on this private, wooded 1.17-acre residential lot, perfectly situated on a quiet dead-end street in one of Portland’s most coveted neighborhoods. Surrounded by mature trees, vibrant wildlife, and architecturally distinct homes, this property offers an unparalleled blend of tranquility and prestige. Backed by natural corridors that lead to iconic Forest Park, the land provides rare, seamless...Serene 1.17-Acre Lot in a Prestigious Portland EnclaveDiscover an exceptional opportunity to build your dream home on this private, wooded 1.17-acre residential lot, perfectly situated on a quiet dead-end street in one of Portland’s most coveted neighborhoods. Surrounded by mature trees, vibrant wildlife, and architecturally distinct homes, this property offers an unparalleled blend of tranquility and prestige. Backed by natural corridors that lead to iconic Forest Park, the land provides rare, seamless access to miles of trails and Portland’s signature natural beauty. With no through-traffic and a peaceful, secluded setting, this lot is the ideal retreat—yet still just minutes from the energy and conveniences of the city. Create your own sanctuary in a location where privacy, elegance, and nature come together in perfect harmony. Opportunities like this are truly one-of-a-kind.
  1. Listed by Christopher Kuehl • ELEETE Real Estate

Property Details for 7324 Northwest Penridge Road

Zoning
R20
View
Territorial, Trees Woods
LISTING UPDATED: 01/29/2026 11:32 AM

Property Details for 7324 Northwest Penridge Road

StatusActive
MLS #715728471
Days on Market1
Taxes$3,895 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Single Family Residence
Year Built-
Lot Size1.17 AC
CountyMultnomah County

Location

Listing Courtesy of ELEETE Real Estate
Add your commute

Building Information for 7324 Northwest Penridge Road

Building Size-Lot Size1.17 AC

Payment Calculator

$2,176 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,852

Property Taxes

$325

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7324 Northwest Penridge Road

Summary
Location and General Information
  • Country: US
  • Directions: Skyline to Greenleaf immediate left on Penridge
  • Road Surface: Paved
School Information
  • Elementary School: Chapman
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $3,895.49
  • Parcel Number: R237540
  • Tax Legal Description: PARTITION PLAT 1992-83, LOT 3 TL 3500
Property
Lot Information
  • Acres: 1.17
  • Lot Description: Private, Trees, Wooded
  • Lot Size Square Feet: 50965.0
  • Number Of Lots Total: 1
  • Current Use: Raw Land
  • Land Description: Gentle Sloping, Rolling Slope
  • Lot Size Range: Acres1to3
  • Lot Size: 1 to 2.99 Acres
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Natural Gas Available, Water Available
Interior and Exterior Features
Exterior Features
  • Soil Condition: Native
  • Soil Type Classification: Native

Property History for 7324 Northwest Penridge Road

DateEvent & SourcePriceAppreciation
Dec 22, 2015

Sold (Public Record)

Public Record #562487811

$300,000—
DateEvent & SourcePrice
12/22/2015

Sold (Public Record)

Public Record #562487811

$300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7324 Northwest Penridge Road

Taxable ValueLand-Additions-Total-
Tax Record2025$3,895 ($325 / month)
Home Facts
Beds0Lot Size50,965 SqFtStyleResidentialZoningR20CountyMULTNOMAHAPN1N1W36AC 03500

Schools near 7324 Northwest Penridge Road

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Forest Park Elementary School
Public - K to 5
West Sylvan Middle School
Public - 6 to 8
Lincoln High School
Public - 9 to 12
Opal School Of The Portland Children's Museum
Charter - K to 5
Rating
School
Distance
Forest Park Elementary School
PublicK to 5

West Sylvan Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Opal School Of The Portland Children's Museum
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 7324 Northwest Penridge Road, Portland, OR 97229

7324 Northwest Penridge Road is a 1.17 ac of land for sale in Portland, OR 97229. This property was listed for sale on January 28, 2026 by ELEETE Real Estate, it's currently listed at $379,900. It has been on the market for a total of 1 days and was last sold on December 22, 2015. This listing's school district is Portland School District 1j. Nearby schools include Forest Park Elementary School, West Sylvan Middle School and Lincoln High School. 7324 Northwest Penridge Road is a 0-bed, 0-bath, 1.17 ac of land on a 50,965 sq. ft. / 1.17 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ELEETE Real Estate

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 01/29/2026 11:32 AM