32% of homes accept an offer within 2 weeks. Tour it before it's gone!
Today:
About this home
OPEN SUN 11/1 1-3:00 Downsizing? One level beauty. This vibrant and popular community is a hidden gem, yet minutes to local amenities. A well-loved home with a new roof, fresh interior paint throughout, new carpet and plush pad, a new oven and microwave. Welcoming you around the gracious entrance is a living room with a gas fireplace, providing ambiance at a moment’s notice. The vaulted kitchen gets an abundance of light from a skylight and back windows/slider. There’s a large island, a built-in desk, glass front cabinets, and lots of storage. The sunny breakfast area views outdoor privacy and a raised garden planter-perfect for picking bouquet flowers, growing tomatoes or your favorite vegetables. There’s also room on the wrap around deck for a table and umbrella making entertaining so enjoyable. The property is easy care, and out of sight below is additional guest parking. Meet new friends at the pool or community room, adding a new dimension to this charming home. Minutes to Tryon Creek Park trails, outstanding grocery shopping and easy I-5 access. Convenient to Lake Oswego either direction, or OHSU also! [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251185]
Collins View, located between the Willamette River and Tryon Creek State Natural Area, is a residential and campus-adjacent Portland neighborhood with wooded ravines and curving hillside streets. The neighborhood’s character concentrates around the Lewis & Clark College campus along SW Palatine Hill Road, where brick academic buildings meet trailheads and quiet overlooks. Mid-century ranches and traditional homes sit among tall firs, with frequent glimpses of the river and forest canopy. Tryon Creek’s footbridges and soft-surface paths shape daily routines more than storefront blocks. The Collins View Woods Natural Area adds a pocket of deep green close to home. Nearby, the Sellwood Bridge ties the landscape to riverfront routes and city connections.
Provided by Walk Score and Local Logic
Offer insights
503 SW Colony Dr · $695,000
$695K and above
75% chance or better to win
Why $695K+ is a strong offer
DAYS ON MARKET
44 days
The average home goes pending in 25 days.
SALE-TO-LIST
99.8%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Ceiling fans
Garage door opener
High ceilings
Skylights
Vaulted ceilings
Washer and dryer included
Double pane windows
Fireplace (gas)
Bedrooms
Primary bedroom on main level with ensuite, soaking tub, walk-in closet, skylight
Second bedroom on main level
Third bedroom on main level
Bathrooms
Two full bathrooms, both on the main level
Kitchen
Built-in oven
Built-in refrigerator
Cooktop
Cook island
Appliance garage
Dishwasher
Microwave
Down draft
Plumbed for ice maker
Stainless steel appliances
Tile (kitchen finishes)
Laundry & utility
Main-level laundry with sink and washer/dryer hookups
Flooring
Hardwood floors
Laminate flooring
Wall-to-wall carpet
Wood floors
Heating & cooling
Forced air heating (gas hot water)
Central air conditioning
Exterior features
Deck
Sprinkler system
Yard
Cement siding
Gentle sloping, private lot
Paved road access
Home design
Single-family residence
Residential resale
Main living all on one level (accessibility: one level)
No notable view
Parking
Driveway parking
Attached 2-car garage
Construction
Composition roof
Concrete perimeter foundation
Built in 1986
Utilities
Public water
Public sewer
Gas fuel
Green certified
HOA & community
HOA: The Hera Franklin Colony HOA
Monthly association fee
HOA amenities include pool, tennis courts, party room, commons, hot water, sewer and water
Electricity and solar
View estimated energy costs and solar savings for this home
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
Jun 25, 2026 • Active
Plumbing
Install or repair a water service line.
Plumbing
Sep 23, 2025 • Final
Mechanical
Replace the air conditioning unit.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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
7 days above 91° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
14 unhealthy days expected this year, 15 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97219
Average low and high temperatures (°F)
47
37
49
38
56
43
64
45
70
50
77
54
83
58
84
62
76
58
61
49
52
44
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 503 SW Colony Dr
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $650,000 and $840,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $650K to $840K.