Perched above the city in Portland's SW Hills, this stunning 1-bedroom corner unit at Arbitare Condominiums delivers an unrivaled combination of panoramic views, modern comfort, and effortless urban connectivity. Wake up to sweeping vistas of Mt. Hood, Mt. St. Helens, the shimmering Willamette River, the Downtown Portland skyline, South Waterfront, the aerial tram, and five iconic bridges, all from the comfort of your own living room or private deck. As a coveted corner unit, the home benefits from extra windows on two exposures, flooding the open-concept interior with exceptional natural light throughout the day. Expansive walls of windows and sliding glass doors create a bright, airy space perfectly suited for both relaxed daily living and effortless entertaining. Located in the serene forested hillside of the sought-after Homestead/Lair Hill neighborhood, you're just minutes from Downtown Portland, OHSU, PSU, and the vibrant shops and restaurants of South Waterfront. Quick access to I-5, I-405, and Hwy 26 makes getting anywhere in the metro area a breeze, and with excellent walk, bike, and transit scores, a car is rarely a necessity. Nature lovers will love the proximity to Marquam Nature Park and Portland's renowned 40-Mile Trail system, all steps from your front door. Practical conveniences round out this exceptional offering: a deeded parking space, on-site storage, and an in-unit washer and dryer ensure everyday ease. A rare blend of breathtaking views, peaceful hillside privacy, and walkable urban living, this is quintessential Portland at its finest.
Homestead, located between the Willamette River and Terwilliger Boulevard, is a residential and hillside Portland neighborhood with river-view slopes and wooded ravines. The neighborhood’s character concentrates around the South Waterfront Greenway and the Portland Aerial Tram landing, where bike paths, riverwalk promenades, and café patios set a steady, urban-outdoors rhythm. Contemporary mid-rises and newer condos line the flats, while winding streets climb into quieter pockets above. The South Waterfront Park blocks read as a linear front porch along the river. Oregon Health & Science University and the Center for Health & Healing anchor daily motion and a campus-like feel. Trails and viewpoints along Marquam Nature Park stitch the terrain together.
Provided by Walk Score and Local Logic
Market insights
3701 SW Condor Ave Unit V2 · $275,000
DAYS ON MARKET
71 days
The average home goes pending in 67 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
LIST PRICE
$275,000
Median sale price in this area is $315,626. (15% higher than this home)
PRICE DROP
0 price drops
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Laminate flooring
Vinyl window frames
Washer and dryer included in unit
Accessible features (ground level, main-floor bedroom with bath, one level, parking)
Bedrooms
Primary bedroom on main level with closet organizer
Bathrooms
One full bathroom on main level
Kitchen
Dishwasher
Disposal
Free-standing range
Free-standing refrigerator
Stainless steel appliances
Kitchen nook
Laundry & utility
Main-level utility room
Washer and dryer included in unit
Electric hot water
Flooring
Laminate flooring
Heating & cooling
Forced air heating
No central cooling
Exterior features
Deck (21 x 4, approx. 85 sq ft)
Security lights
Cement siding
Sloped, terraced lot with trees
Paved road access
Views of city, mountains and river
Home design
Residential condominium
One-level floor plan
Ground-floor unit
Three-story building
Built in 1978
Unit faces views (city, mountains, river)
Parking
Deeded parking
Off-street parking
Condominium garage type: deeded
Security
Security lights
Construction
Flat roof
Cement siding
Built in 1978
Utilities
Electric fuel
Public water
Public sewer
HOA & community
Monthly association fee of $452
57 units in complex
No elevator
Deck available
Storage available (separate, not deeded/assigned)
Move-in fee: $100 per move-in
No yard included with unit
One-level condominium floor plan
Financial info
No land lease
Other
Condominium rent policy notes: $100 fee each move-in
Pet policy: see remarks
Electricity and solar
View estimated energy costs and solar savings for this home
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.