OFF MARKET

Off Market May 2022 for $3.9M

$3,326,331

Est. refi paymentEst. refi $24,814/mo

•

6,806

sq ft

1948 SW Terrace Dr, Portland, OR 97201

About this home

Built in 2004, a gem is hidden in the west hills at the top of Portland Heights. Its silence is its beauty. First time on the open market, rarely noticed from the street, a blended mastery of European villa meets American life. Designed for the present yet ready for the future, this home caters to a broad spectrum of lifestyles. Redesigned by the current owners, a sleek South American modern vibe flows throughout. Portecochere, secret gardens, verandas +. Forward Thinking. Classically Modern. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10192482]

Single-familyProperty Type

2004Year Built

0.44 acresLot Size

$489Est. Price/Sq.Ft.

3 car garageParking

Listed by Suzann Baricevic Murphy • Where, Inc.

Bought with Brittany Gibbs • Move Real Estate Inc

Redfin checked: 3 minutes ago

•Source:RMLS #22289293

Redfin Estimate

$3,326,331

$599K since sold in May 2022$6,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 95.1% higher than the average sale price ($1.71M) of 6 comparable homes.

SOLD JUL 2, 2026
$1,728,000
A
4 beds4 baths5,536 sq ft
2643 SW Buena Vista Dr, Portland, OR 97201
SOLD JUN 26, 2026
$1,418,800
B
3 beds4 baths4,202 sq ft
2505 SW Hillcrest Dr, Portland, OR 97201
SOLD MAY 28, 2026
$2,750,000
C
6 beds7 baths8,037 sq ft
2023 SW Montgomery Dr, Portland, OR 97201
SOLD APR 15, 2026
$1,760,000
D
4 beds5 baths4,163 sq ft
2562 SW Hillcrest Dr, Portland, OR 97201
SOLD JAN 23, 2026
$1,325,000
E
3 beds3 baths4,208 sq ft
1980 SW Terrace Dr, Portland, OR 97201
SOLD MAY 1, 2026
$1,250,000
F
4 beds4 baths4,269 sq ft
2547 SW Hillcrest Dr, Portland, OR 97201

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$249,315

Est. take-home

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Est. cash available

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Rent

$6,478/mo

Redfin rental estimate

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Market trends in Southwest Hills, OR

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.6%

1.8% MoM

Median sale price

$1.0M

$33K MoM

Avg. days on market

44d

6 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 1 HR AGO
$945,000
3 beds3 baths2,902 sq ft
2734 SW Fern St, Portland, OR 97201
Bob Atkinson • Where, Inc
$1,495,000
4 beds4 baths4,535 sq ft
1784 SW Montgomery Dr, Portland, OR 97201
Marcia Walsh • Where, Inc
NEW 15 HRS AGO
$2,689,000
6 beds7 baths5,233 sq ft
2719 SW Talbot Rd, Portland, OR 97201
Errol Bradley • Cascade Hasson Sotheby's International Realty
NEW 16 HRS AGO
$329,000
2 beds2 baths1,366 sq ft
205 S Montgomery St #205, Portland, OR 97201
Stuart Stevens • Realty Portland
3D WALKTHROUGH
$1,250,000
3 beds4 baths4,111 sq ft
2107 SW Market Street Dr, Portland, OR 97201
Ernest Cooper • Cooper Realty LLC
3D WALKTHROUGH
$525,000
3 beds3 baths1,786 sq ft
1920 SW Mill Street Ter, Portland, OR 97201
Sarita Dua • Keller Williams Sunset Corridor
VIDEO TOUR
$998,000
4 beds3 baths3,638 sq ft
2665 SW Sherwood Dr, Portland, OR 97201
Macey Laurick • Windermere Realty Trust
See all

Provided by Redfin

Sale history for 1948 SW Terrace Dr

Tax history for 1948 SW Terrace Dr

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

4.5

Stories

Lot width

—

Lot depth

—

Lot size

0.44 Acres

Year renovated

2004

Sq. Ft.

5,631

Year built

2004

Style

Single Family Residential

County

Multnomah County

APN

R174574

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

Residential 7,000 zone

The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.

Permitted uses

Include but are not limited to:

Housing

Property details

Parking

Parking Information
Parking Features: Off Street
Parking Total: 3

Garage Information
Garage Type: Detached
Garage Spaces: 3

Interior

Appliances
Appliances: Built-in Range, Built-in Refrigerator, Butler's Pantry, Dishwasher, Disposal, Island, Marble, Microwave, Pot Filler, Range Hood, Stainless Steel Appliance(s), Wine Cooler

Interior Features
Interior Features: Central Vacuum, Elevator, Garage Door Opener, Hardwood Floors, High Ceilings, Intercom, Laundry, Marble, Soaking Tub, Sound System, Wainscoting, Wall to Wall Carpet
Fireplace YN: Yes
Fireplaces Total: 3
Fireplace Features: Gas, Wood Burning
Basement: Finished

Bathroom Information
Bathrooms Full: 5
Bathrooms Full Lower Level: 1
Bathrooms Full Main Level: 1
Bathrooms Full Upper Level: 3
Bathrooms Partial: 1
Bathrooms Partial Main Level: 1
Bathrooms Total Integer: 6
Bathrooms Total Lower Level: 1
Bathrooms Total Main Level: 1.1
Bathrooms Total Upper Level: 3
Baths Total: 5.1

Room 4 Information
Area: 156
Description: 4th Bedroom
Features Cont: Wall to Wall Carpet
Length: 12
Width: 13
Level: Upper

Room 5 Information
Area: 156
Description: 5th Bedroom
Features Cont: Suite, Wall to Wall Carpet
Length: 12
Width: 13
Level: Main

Room 6 Information
Area: 323
Description: Bonus Room
Features: Balcony
Features Cont: Wall to Wall Carpet
Length: 19
Width: 17
Level: Main

Room 7 Information
Area: 168
Description: 2nd Bedroom
Features Cont: Wall to Wall Carpet
Length: 12
Width: 14
Level: Upper

Room 8 Information
Area: 168
Description: 3rd Bedroom
Features Cont: Wall to Wall Carpet
Length: 12
Width: 14
Level: Upper

Room 9 Information
Area: 192
Description: Dining Room
Features: Exterior Entry, Formal, Patio
Features Cont: Wood Floors
Length: 12
Width: 16
Level: Main

Room 10 Information
Area: 247
Description: Family Room
Features: Built-in Features, Fireplace
Features Cont: Wood Floors
Length: 13
Width: 19
Level: Main

Room 11 Information
Area: 238
Description: Kitchen
Features: Eating Area, French Doors, Island, Patio
Features Cont: Butler's Pantry, Marble
Length: 14
Width: 17
Level: Main

Room 12 Information
Area: 285
Description: Living Room
Features: Fireplace, Formal, French Doors, Patio
Features Cont: Wood Floors
Length: 19
Width: 15
Level: Main

Room 13 Information
Area: 272
Description: Primary Bedroom
Features: Balcony
Features Cont: Suite, Walk in Closet, Wall to Wall Carpet
Length: 17
Width: 16
Level: Upper

Room 14 Information
Description: Great Room

Exterior

Exterior Features
Roof: Shake
Exterior Features: Garden, Guest Quarters, Outdoor Fireplace, Patio, Porch, Sprinkler, Yard
Exterior Description: Cedar, Stucco

Lot Information
Lot Size Square Feet: 19,166
Lot Size Range: 15,000 to 19,999 SqFt
Lot Size Dimensions: 19,359 SF
Lot Size Acres: 0.44
Lot Size: 15,000 to 19,999 SqFt
Lot Features: Gated, Level, Private
Parcel Number: R174574
Road Surface Type: Paved

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Resale
Upper Level Area Total: 1,919
Main Level Area Total: 3,104
Lower Level Area Total: 1,783
Security Features: Security Gate
View YN: No

Building Information
Year Built: 2004
Building Area Total: 6,806
Building Area Description: Floor Plan
Building Area Calculated: 5,023

Financial

Tax Information
Tax Year: 2020
Tax Legal Description: GROVERS ADD, BLOCK 117 TL 1700
Tax Annual Amount: $39,243.77

Utilities

Utility Information
Green Certification YN: Yes
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: Yes
Cooling: Central Air

Location

School Information
Elementary School: Ainsworth
Middle Or Junior School: West Sylvan
High School: Lincoln

Location Information
Directions: SW Ravensview Dr to SW Terrace Dr
Unparsed Address: 1948 SW TERRACE DR, Portland, OR 97201

Community Information
Senior Community YN: No
Zoning: R5

Public facts

Beds: —
Baths: 4.5
Sq. Ft.: 5,631
Stories: 2.0
Lot Size: 0.44 acres
Style: Single Family Residential
Year Built: 2004
Year Renovated: 2004
County: Multnomah County
APN: R174574

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

New Construction Information
New Construction YN: No

Around this home

Schools

Ainsworth Elementary School

Public K-5 • Assigned • 0.1mi

9/10

West Sylvan Middle School

Public 6-8 • Assigned • 3.0mi

6/10

Lincoln High School

Public 9-12 • Assigned • 0.9mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

5 days above 91° expected this year, 10 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 20 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97201

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

84/ 100

Very good sunlight

Sunscore

This home ranks in the top 8% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

13.1 hrs

5.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$3.16M – $3.83M

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Home values near 1948 SW Terrace Dr

Data from public records.

Address	Redfin Estimate
1966 SW Terrace Drive, Portland, OR 4 Beds \| 3 Baths \| 3080 Sq. Ft.	$1,107,441
1991 SW Terrace Drive, Portland, OR 4 Beds \| 4 Baths \| 4176 Sq. Ft.	$1,316,059

Address	Redfin Estimate
1934 SW Terrace Drive, Portland, OR 3 Beds \| 3 Baths \| 2854 Sq. Ft.	$1,132,390
1996 SW Terrace Drive, Portland, OR 4 Beds \| 3 Baths \| 2440 Sq. Ft.	$1,138,774

Address	Redfin Estimate
1980 SW Terrace Drive, Portland, OR 3 Beds \| 3 Baths \| 4208 Sq. Ft.	$1,401,112
1968 SW Terrace Drive, Portland, OR 3 Beds \| 3 Baths \| 2377 Sq. Ft.	$1,208,106

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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