32-Acre Riverfront Estate
West Linn, OR
Auction Date & Time
Thursday June 14, 2018 at 7:00PM PT
Registered bidders only. Contact Platinum to obtain registration information.
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
Beginning May 25th, Property Previews will be held daily from 12-4pm PT, until the Auction date.
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NOT PREVIOUSLY OFFERED FOR SALE. NOW SELLING WITHOUT RESERVE! 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.
WEST LINN, OR. A southern suburb of the Portland metropolitan area located in Clackamas County, West Linn was settled in 1839. Originally home to the Confederated Tribes of the Grand Ronde Community, the area was desirable due to its positioning on the Willamette River and proximity to the Willamette Falls, which provided transportation and energy to the growing community. Incorporated in 1913, West Linn and the adjacent town of Willamette merged in 1916, and the city has steadily increased in population from 1,628 to over 25,000.
In 2011, West Linn was the top Oregon city on CNN/Money Magazine’s “Best Places to Live” list due to its incredible views of the surrounding Cascade mountain range and relatively low local taxes. With Portland a short drive away, many West Linn residents commute in to work during the week, but on weekends the focus is on outdoor activities, including water sports popular due to the city’s location at the confluence of the Willamette and Clackamas rivers.
PORTLAND, OR. Portland is the largest city in the state of Oregon, and has a reputation for originality and environmental sustainability. With 145 square miles of area and an estimated population of nearly 640,000, it is also the second-most populous city in the Pacific Northwest.
With its origins in the 1830s near the end of the famed Oregon Trail, the city received an early boost in its economy due to its location on the Willamette River and became noted for progressive values in the countercultural revolution of the 1960s. To this day, Portland is recognized as one of the world’s most environmentally conscious cities and is welcoming to people of all races, religions and identities who are encouraged to “Keep Portland Weird.”
There is nothing strange, however, about the state of Portland’s economy, which is fueled by shipping, steel and technology. Indeed, over 1,200 tech companies exist within the metropolitan area. Athletic and footwear manufacturers also favor the city, and Nike, Adidas, Columbia Sportswear, Dr. Martens and Keen all call Portland home for their global, North American or U.S. headquarters.
Breweries are another major portion of the city’s economy (and entertainment!), and Portland is home to over 85 breweries and microbreweries supplying exceptional craft beers – more than any other city in the world.
The climate, temperatures and breezes of the Willamette River Valley also produce world-class wines, from Rhône-style reds and aromatic whites to famed Pinot Noirs from storied producers at Eyrie Vineyards, Evesham Wood, Penner-Ash and Ken Wright Cellars.
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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