Rare development opportunity in sought-after Barnes Heights! Priced to sell at $259,900, this approximately .70-acre R20 homesite offers a beautiful wooded setting with territorial and Cascade Mountain views, including Mt. St. Helens, Mt. Adams and Mt. Hood. Located among high-end and architecturally significant homes, including work by renowned Portland architect Saul Zaik, FAIA, a leading figure in Northwest Regional Modernism celebrated for site-sensitive designs integrating natural materials, light and the surrounding landscape. Build a custom single-family residence or explore additional development potential. Seller completed a City of Portland pre-application review in 2017 that included concepts for a single-family residence and two detached dwelling units. Current R20 zoning may also offer middle-housing opportunities, subject to City requirements. Three supporting documents are included with the listing: property survey, proposed NW Hood Ave right-of-way vacation map, and development concepts showing potential home sites and configurations. Water, electricity and cable are available at the road. Septic required; no perc test has been completed. City sewer is believed to be available at Cornell Rd. Unimproved NW Hood Ave borders the rear of the property. Seller previously began the process of requesting City vacation of the unused right-of-way. If approved, approximately half of the vacated road area could potentially accrue to this property, increasing the property area. A rare combination of views, privacy, architectural character and development potential in NW Portland at an exceptional price. Buyer to perform due diligence and independently verify all property information and development possibilities.