Location

32-Acre Riverfront Estate

West Linn, OR

Auction Date & Time

June 2018

Property Specs

Lot Size: +/- 31.8 acres; peninsular (“point”) lot

Frontage: +/- 2,700 ft on the Willamette River

Existing Structure: framework/shell for +/- 49,000 sf estate; tri-level

Status

SOLD! $2,270,000

Inquiries? 800.262.5132

The Property

SOLD by Platinum within 5 weeks!  With +/-31.8 private acres and +/-2,700 ft of frontage on the beautiful Willamette River, this property presents a truly unique opportunity for waterfront living in West Linn, Oregon.

The peninsular (or “point”) lot sits at the end of a quiet road in rural-suburban West Linn, in an area populated by upscale farmhouses, riverfront estates and equestrian manors. The property’s shoreline offers portions of “sandy beach” with boat-up access, and was previously permitted by the Army Corps of Engineers for the addition of a boat dock.

The framework and exterior construction for a spectacular single-family home is currently in place, and has been maintained in exceptional condition. Built by Tom Avgerakis, one of the Pacific Northwest’s most sought-after luxury homebuilders, the structure boasts “commercial-grade” integrity, with extensive use of steel beams, concrete and treated wood. Thanks to an active building permit, the structure can be completed as designed, or modified to create a brand new dream home!

Additionally, the residential structure was permitted prior to the current land use regulations that call for additional setbacks for waterfront properties. This allows the home to enjoy one-of-a-kind, 270-degree river views that simply cannot be reproduced. There is also an agricultural tax abatement on the property (with +5 acres of planted blueberries), creating substantial tax savings for the property owner.

The original build plans envisioned a sprawling, tri-level estate with up to 49,000 sf of gross constructed area, and features such as an indoor racquetball/squash court, indoor basketball court (which can be modified to suit a swimming pool or tennis court), an elevator serving all levels, a sprawling master suite with a 1,200-sf closet and private theater, and expansive water views from nearly every room. The automotive enthusiast will appreciate the plans for two, lower-level automotive galleries with room for up to 20 vehicles each, in addition to the 8-car garage at the main entry level.

The property is located within 10 minutes of the Oregon Golf Club, a private club ranked as the “#1 Private Course in the State” by the Portland Business Journal. And the heart of downtown Portland is within a 40-minute drive.

Additional details on this exciting luxury auction® opportunity are located within the Document Portal, and in the Bidder’s Brochure.

Property listed and offered for sale by Luxe Platinum Properties (Lic#201201079), an exclusive affiliate of Christie’s International Real Estate. Listing agents Terry R. Sprague (Lic#200509281) and Kendra S. Ratcliff (Lic#921000087). Platinum Luxury Auctions is a registered Foreign Limited Liability Company with the state of Oregon (Reg#143266799) performing auction and auction-marketing services as part of this transaction, and is not performing any real estate brokerage services where prohibited.

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