$1200000

Price cut: $300K (07-15-2025)

3 Bed
3 Bath
2300 SqFt
103 DOM
Built: 1955
Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Charming Remodeled Home on Prime Commercial Acre. Discover a unique opportunity to own a beautifully remodeled home nestled on a spacious acre—perfectly balancing residential charm with lucrative commercial potential. This property offers residential comfort; enjoy the warmth and character of a thoughtfully updated home, providing a serene living environment amidst natural surroundings. Strategic commercial zoning: benefit from the property's desirable RC zoning, allowing for various business ventures or future development and enhancing your investment’s value. RC zoning permits a wide range of commercial uses—everything from a boutique to a smoke shop. Proximity to major landmarks: Fisher Investments Headquarters is located adjacent to the expansive Fisher Creek Campus, home to over 1,700 employees, offering potential business opportunities. Situated across from the that is being constructed on a recently acquired 15-acre site designated for a multi-story, 43,000-square-foot facility—now under construction—the property promises increased area traffic and visibility. Flexible investment options: whether you choose to live and work by operating a business from home in this high-traffic locale, or offer a short- or long-term rental to generate income while your property’s value appreciates, the possibilities are endless. This exceptional property combines immediate comfort with significant future potential. Seize this rare chance to invest in a location poised for growth and development. Daycare? Gas station? Pickleball courts? You decide.

Listing Provided Courtesy of Halle Sessions, Windermere Northwest Living

General Information

MLS #183462302
TypeSingleFamilyResidence
Days on Market 103 DOM
Beds3
Lot Size 0.9 acres
Baths3
SqFt2300
Year built1955
ZoningR-C
CountyClark
Tax ID126249000
ElemGrass Valley
MiddleSkyridge
HighCamas
PropCategoryResidential
PropTypeSingleFamilyResidence
Neighborhood (Legal)#8 OF SUB DIV PAYNE EST .90A FOR ASSESSOR USE ONLY THT PTN OF W 1

Listing Provided Courtesy of Halle Sessions, Windermere Northwest Living

Mohan Realty Group data last checked: Sep 13, 2025 12:30 | Listing last modified Sep 13, 2025 00:53, Source:

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Residence Information

Upper SqFt419
Main SqFt1881
Lower SqFt0
Total SqFt2300
SFSrcSeller
TotUp/Mn2300
Fireplaces
Bdrms3
Full Bath3
Partial Bath0
Total Bath3
RoofComposition
Garage2, Attached, Carport
StyleStories2,Ranch
ParkingCarport,RVAccessPark
Levels2
Year Built1955
Green CertNo
Energy Eff
ExteriorCedar
Bsmt/FndCrawlSpace
RVRVHookup,RVParking
URM
BasementCrawlSpace
FoundationConcretePerimeter
WindowsDoublePaneWindows
Amenities

Features and Utilities

Living
KitchenBuiltinOven, BuiltinRange, Dishwasher, FreeStandingRefrigerator, Pantry, StainlessSteelAppliance
InteriorGarageDoorOpener, Laundry, LuxuryVinylPlank, Quartz, Skylight, TileFloor, WalltoWallCarpet
ExteriorDeck, Patio, RVHookup, RVParking, Sprinkler, ToolShed, Yard
AccessibilityGarageonMain, KitchenCabinets, NaturalLighting, UtilityRoomOnMain, WalkinShower
CoolCentralAir, HeatPump
WaterElectricity
HeatHeatPump
SewerSepticTank
Hot WaterElectricity
FuelElectricity

Financial

PTax/Yr5305.86
HOA0
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCash,Conventional,FHA,VALoan
List Date06-02-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 103
CDOM 103
Sold Date
TermsCash,Conventional,FHA,VALoan
Original Price$1,500,000
List Price$1,200,000
Sold Price
Last ModifiedSep 13, 2025 00:53

Schools

Elementary : Grass Valley N/A Ratings

Middle : Skyridge N/A Ratings

High : Camas N/A Ratings

Map

Listing courtesy of Windermere Northwest Living.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Sep 13, 2025 12:30 | Listing last modified Sep 13, 2025 00:53. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

5410 NW 38TH AVE