Once-in-a-lifetime opportunity to build in one of Mt. Hood’s most unique and tranquil settings—on a private peninsula surrounded by Brightwood Pond. This just-over-one-acre parcel (Tract 1) offers an approved build site with septic approval and no water setbacks—positioned several feet above the floodplain. Wake up to the sounds of nature and watch eagles, blue herons, ducks, geese, deer, and an active beaver dam in your front yard. The pond, once a gravel quarry, is now spring-fed with clear, cold water rising from its base, and the Sandy River runs just beyond the far edge of the pond wall.Both Tract 1 (1.05 acres) and neighboring Tract 2 (1.2 acres) are buildable, with significant work already completed with Clackamas County. They will share a private well, have individual septic approvals, and enjoy separate driveways off a shared private road. Build your dream home on one lot and a matching guest house or income-producing short-term rental on the other. With no HOA restrictions, the design potential is wide open—consider a rustic “cabin in the woods” aesthetic or a bold, nature-forward architectural style that honors the renewing spirit of the land and water.A rare chance to own and build on water in the Mt. Hood Corridor with flexibility, privacy, and long-term potential. Possible contract terms available for buyers interested in purchasing both Tracts together. New legal descriptions are recorded and available in the Docs Tab, or contact the listing agent to receive them directly. Survey and septic documents also available.