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About this home
Hidden away on a quiet, dead-end street in Portland's historic Lair Hill neighborhood, "The Lair" is one of the city's best-kept architectural secrets. Designed by acclaimed Portland architect Rick Potestio & built by renowned boutique builder Don Tankersley, this intimate 13-residence complex earned both the prestigious AIA Merit Award & Urban Land Institute Award for its modern design and exceptional craftsmanship. The striking exterior combines board-formed concrete, natural wood siding, expansive windows & lush, textural landscaping— all hallmarks of exceptional PNW modern design. This private, garden-level unit opens to its own covered paver patio overlooking impeccably maintained landscaping, creating a peaceful outdoor retreat just minutes from the hustle & bustle of the city. An adjacent exterior storage closet adds everyday functionality. Inside, warm contemporary finishes soften the clean architectural lines with walnut hardwood floors, an exposed concrete feature wall, floor-to-ceiling Pella windows, Ann Sacks & travertine tile, granite countertops & stainless steel appliances. The open-concept layout is filled with natural light, while a sliding door creates separation for the bedroom, complete with double closets & a spacious bathroom featuring a jetted tub. In-unit laundry & generous storage make the home as practical as it is beautiful! Low HOA dues of just $270/month cover water, sewer, trash & the beautifully maintained common grounds. Enjoy an urban lifestyle just blocks from: Downtown, OHSU, PSU, the VA Hospital, South Waterfront, Tilikum Crossing pedestrian bridge, parks, farmer's markets, neighborhood cafés, restaurants, shopping, MAX & the Willamette River. Quiet when you want it, connected when you need it- from your private patio to the very best of Portland, discover life at "The Lair"!
CondoProperty Type
2005Year Built
$427Price/Sq.Ft.
$270/moHOA Dues
Listed by Spencer Voris• Keller Williams Realty Professionals
Lair Hill, located between South Waterfront and the South Park Blocks, is a historic and hillside Portland neighborhood with Victorian-era houses and a pocket of institutional landmarks. The neighborhood’s character concentrates around SW 1st Avenue and SW Hooker Street, where the I-5 edge, rail lines, and older streetscapes meet in a distinctly urban patchwork. The Oregon Museum of Science and Industry (OMSI) anchors the east side with riverfront energy and big-sky views. The Lair Hill Park blocks add a quiet green counterpoint to the surrounding arterials. Architecture shifts from ornate late-1800s homes to midcentury apartments and adaptive-reuse buildings. Streets climb and bend, creating small viewpoints and a tucked-away feel despite the central location.
Provided by Walk Score and Local Logic
Offer insights
245 SW Meade St Unit G2 · $260,000
$260K and above
75% chance or better to win
Why $260K+ is a strong offer
DAYS ON MARKET
47 days
The average home goes pending in 69 days.
SALE-TO-LIST
97.8%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Granite countertops
Hardwood and wood floors
High ceilings
Slate and tile flooring
Washer/Dryer included
Double-pane windows
Accessible (ground level, one level)
Bedrooms
Primary bedroom on main level with double closet and wood floors
Bathrooms
One full bathroom on main level
Kitchen
Gas appliances
Free-standing gas range and range
Dishwasher
Disposal
Free-standing refrigerator
Range hood
Stainless steel appliances
Granite countertops
Laundry & utility
Main-level laundry room with closet
Utility room on main level
Flooring
Wood floors
Hardwood floors
Slate flooring
Tile floor
Heating & cooling
Forced air heating (90% efficiency)
No central air conditioning
Exterior features
Covered patio and patio
Panel and wood siding
Level lot with trees
Commons area
Located on a cul-de-sac
Concrete / paved road access
Seasonal
Home design
Residential condominium (not attached)
One-level floor plan
Ground-floor unit
Three-story building
Built in 2005
No private yard
No notable view
Parking
On-street parking
No garage or deeded parking
Construction
Metal roof
Slab foundation
Utilities
Electric water heater
Electric fuel
Public water
Public sewer
HOA & community
Homeowners association with monthly fee of $270
HOA covers commons, exterior maintenance, insurance, management, sewer, trash and water
13 units in the complex
Smoking policy in condo docs
Pet policy allowed (see condo docs)
No assigned or deeded parking
No assigned or deeded storage
One-level condo floor plan; no elevator
Other
Property is resale
Zoning: RM2
Electricity and solar
View estimated energy costs and solar savings for this home
American Institute of Architects award winning building. 1 bedroom, 1 bath condo in the Lairs Hill neighborhood, just steps from Marquam Nature and Lair Hill Parks. This ground floor condo has it all, exposed concrete walls, wood floors, stainless steel appliances and a washer and dryer. Floor to ceiling windows and a private patio on on a quiet cul de sac round out this amazing condo. Make this modern, stylish condo your home and live only blocks from Downtown, OHSU and the PSU Farmers Market.
RMLS #19449826
Jun 25, 2019
Sold
$247,000
$406/sq ft
May 29, 2019
Pending
—
May 13, 2019
Listed
$250,000
$411/sq ft
Urban ecstasy achieved in this chic, sleek moxie-filled mod-pad tucked in the heart of historic Lair Hill featuring industrial inspired concrete walls, rich-hued hardwood flrs, granite & stainless kitchen all in great-room glory. Personal paver patio to lush landscape offers ideal espresso spot. Sufficient storage to stuff gear. Steps to Marquam Nature & Lair Hill Park. Blocks to dwntwn, OHSU, PSU. Mins to arterials for calm commute :)
Public Records
Sep 17, 2015
Sold
$235,000
$386/sq ft
RMLS #13106733
Aug 27, 2013
Sold
$196,000
$322/sq ft
Jul 19, 2013
Pending
—
Jun 16, 2013
Listed
$205,000
$337/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,537 (+5.9%)
2024
$4,284 (+1.1%)
2023
$4,237
2022
$4,235 (+2.7%)
2021
$4,124 (+8.4%)
2020
$3,805 (−3.5%)
2019
$3,944 (−0.4%)
2018
$3,960 (+2.9%)
2017
$3,850 (+11.6%)
2016
$3,449 (+7.0%)
2015
$3,222 (+12.8%)
2014
$2,856 (+11.8%)
2013
$2,554 (+6.2%)
2012
$2,404 (−2.6%)
2011
$2,469 (−9.3%)
2010
$2,723 (+2.7%)
2009
$2,651
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2005
Finished Sq. Ft.
609
Unfinished Sq. Ft.
—
Total Sq. Ft.
609
Year built
2005
Style
Condo/Co-op
County
Multnomah County
APN
R575491
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RM2
Residential Multi-Dwelling 2 zone
The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.