Nestled within 5.65 acres of prime development land in the heart of Happy Valley, this gorgeous private estate presents an amazing investment opportunity! Currently a rental, this property also has been annexed into city limits with development potential upon adoption of new SFA and R5 zoning according to the PVNC Comp plan. Many options for land use including single family residences, townhomes, and middle housing. Whether you opt to keep it as a rental, retaining passive income while partnering with a developer to pursue entitlements, or envision transforming it into your dream residence, this property promises a myriad of possibilities while retaining its country charm. The property welcomes you with a gated driveway leading to lush green pastures taking in panoramic views of the surrounding farmland. Boasting a generous 3468 square feet, this residence ensures ample space for everyone. Brand new shopping center at the corner of the Sunnyside and 172nd, close to all the amenities as well as wonderful parks and Clackamas River nearby. Whether you're seeking a lucrative investment or envisioning your own tranquil retreat, this remarkable estate epitomizes country living with boundless potential. For interior details of the home, see residential listing MLS#24124592. Call today as this gem will not last long!