Residential Land with Home for Sale in Hillsboro, Oregon
25480 SW Rainbow Ln, Hillsboro, OR 97123
Nestled along the Tualatin River, this 5+ acre property includes two tax lots (second one on the other side of Rainbow Ln.) and offers a rare mix of functionality and tons of potential. Currently operating as a nursery, it features a level lot with a full irrigation system and an agreement for water usage directly from the Tualatin river. A large outbuilding provides ample storage for tools, equipment, or recreational toys. The single-level home offers a starting point to build a your dream home! Whether you're looking for land to grow or start your own business, level acreage to build a custom home, or an amazing investment opportunity, this property delivers versatility in a prime setting. Looking to invest? Ask about profiting from a lease back to the existing owner. Schedule a visit today!
Location
- Street address
- 25480 SW Rainbow Ln
- County
- Washington County
- Elevation
- 138 feet
Property details
- Acreage
- 5.47 acres
- Zoning
- AF-5
- MLS #
- RMLS 100581130
- Posted
Property taxes
- Recent
- $2,391 - RAINBOW ENDS, LOT 15, ACRES 5.05, POTENTIAL ADD'L TAX LIABILITY ;
Parcels
- R564482
Legal description
RAINBOW ENDS, LOT 15, ACRES 5.05, POTENTIAL ADD'L TAX LIABILITY ;
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Keller Williams Realty
Lot
- Waterfront
- River Front
Exterior
- Structures
- Storage, Workshop
- Features
- Barn, RV Boat Storage, RV Parking, Tool Shed
Structure
- Stories
- 1
- Roof
- Shingle
- Windows
- Aluminum Frames
Interior
- Rooms
- Bathroom, Bedroom x 2
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Groner | Elementary | — | — |
| South Meadows | Middle | — | — |
| Hillsboro | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 3, 2025 | Price added | $599,999 | — | RMLS |
| Nov 21, 2025 | Price removed | $— | — | RMLS |
| Nov 5, 2025 | Price drop | $599,999 | $100,000 -14.3% | RMLS |
| Sept 5, 2025 | New listing | $699,999 | — | RMLS |