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$4,350,000

Listing Price

6beds

6baths

5,631sqft

843,278,040sqft lot

1948 Sw Terrace Dr, Portland, OR 97201

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

425.79

Price / sqft

2004

Year built

Home Details

Built in 2004, this hidden jewel crowns Portland Heights at the top of the West Hills-rarely visible from the street yet unforgettable once discovered. Originally conceived as a NW estate with modern American ease, the home was thoughtfully redesigned with sleek, South American inspired interiors. Today, it presents as even more remarkable thanks to extensive updates by the current owners, who enhanced nearly every corner before being transferred away from our beautiful city.The 6-bedroom, 5.1-bath layout spans nearly 7,000 square feet of elevated living. Multiple verandas, secret gardens, and outdoor fireplaces blur the line between indoor and outdoor life. Interiors are alive with texture-lime-washed walls, custom closets by California Closets, curated lighting, leathered wall finishes, and rich wood ceilings. Expansive entertaining spaces flow to a gourmet kitchen, while highlights include a custom wine cellar, soundproof theater with glitter carpet and projector, and a dedicated gym.Every detail has been addressed: new balcony doors and windows in the primary suite, new outdoor lighting, irrigation upgrades, fresh paint throughout, remote-control curtains, and a whole-house generator (2024). Three fireplaces-two gas and one wood-burning-anchor the gathering spaces, while Sonos sound enriches daily life. The 3-car garage, new security system, and a gated entry reinforce ease and privacy.Minutes from downtown yet worlds away, this home offers serenity, scale, and sophistica

Interior Details

Square Feet
  • 5631

Bedrooms
  • 6

Bathrooms
  • 6

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Partial

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 843278040

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    4

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Wood

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$38,116

$0

$0

--%

$1,742,180

2019

$38,116

$0

$0

--%

$1,691,440

2018

$40,139

$0

$0

--%

$1,642,180

2017

$39,470

$0

$0

--%

$1,594,350

2016

$33,949

$0

$0

--%

$1,547,920

2014

$32,667

$0

$0

--%

$1,459,070

2013

$32,070

$0

$0

--%

$1,416,580

2012

$25,160

$0

$0

--%

$1,375,330

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Average Home Price in 97201

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$2,314,270

4 Beds

3.5 Baths

5,027 Sqft

121,968,000 Lot (sqft)

Sold 07/07/2026

$4,350,000

6 Beds

6 Baths

5,631 Sqft

843,278,040 Lot (sqft)

Sold 10/26/2026

$1,795,000

4 Beds

3 Baths

5,658 Sqft

12,390 Lot (sqft)

Sold 09/29/2026

$1,925,000

4 Beds

4 Baths

6,251 Sqft

257,004,000 Lot (sqft)

Sold 10/12/2026

$2,650,000

5 Beds

4.5 Baths

5,046 Sqft

6,466 Lot (sqft)

Sold 10/26/2026

$2,795,000

4 Beds

5 Baths

5,565 Sqft

402,494,400 Lot (sqft)

Sold 10/26/2026

$1,439,168

9 Beds

3.5 Baths

5,661 Sqft

751,410,000 Lot (sqft)

Sold 10/27/2026

$2,689,000

4 Beds

6.5 Baths

5,233 Sqft

10,500 Lot (sqft)

Sold 10/27/2026

$1,325,000

4 Beds

2.5 Baths

4,904 Sqft

10,000 Lot (sqft)

Sold 07/10/2025

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
4,350,000
$
Down payment
870,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
26,100
$
HOA (Monthly)
0
$
PMI
0
$
$28,158
Your Payment
Total Monthly Payment:$28,158
Percent of Income:483%
Affordable:No

Details for 1948 SW TERRACE DR

Property Debt

Foreclosure Contact Details