OFF MARKET

Off Market Jul 2024 for $1.4M

$1,495,520

Est. refi paymentEst. refi $9,224/mo

•

4,268

sq ft

554 SW 48th Dr, Portland, OR 97221

About this home

Sophisticated Luxury Mediterranean in a very private, gated, half-acre just 5 minutes from NW 23rd and an easy walk to Pittock Mansion, Hoyt Arboretum trails & Washington Park. Lives like an urban estate. Beautifully designed and maintained with mostly Main level living. Exquisite kitchen with Carrera marble, Viking appliances, island with prep sink, loaded wet bar, 3 dishwashers (Meile & Fisher Paykel) Extra tall ceilings with substantial crown molding and built-ins throughout. Refinished white oak throughout the main level. Primary suite with boutique style dressing rooms & French doors that lead to a brick courtyard with fountain. The private, landscaped courtyard also connects to French doors for the open family room. 3 gas fireplaces for warmth and ambiance. Second main floor suite with access to another bricked courtyard. The lower level features 2 additional bedrooms, full bath, second laundry room and humidity & temperature controlled 500 bottle wine cellar. Stately exterior façade and paver and turf lined driveway and turnaround. Extensive outdoor lighting highlights the elegant low maintenance landscaping. This home is picture perfect. This home has been difficult to show due to an illness in the family. PLEASE DO NOT DRIVE DOWN DRIVEWAY WITHOUT AN APPOINTMENT. There is no turnaround until after the gate. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10183368]

Single-familyProperty Type

1987Year Built

0.5 acresLot Size

$350Est. Price/Sq.Ft.

1 car garageParking

Listed by Katie Spurlock • Windermere Realty Trust

Contact: kspurlock@windermere.com

Bought with Karina Stark • Keller Williams Realty Professionals

Redfin checked: 2 minutes ago

•Source:RMLS #24502264

Redfin Estimate

$1,495,520

$69K since sold in July 2024$17K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.3% higher than the average sale price ($1.19M) of 6 comparable homes.

SOLD AUG 27, 2026
$1,252,500
A
4 beds4 baths3,450 sq ft
4767 NW Woodside Ter, Portland, OR 97210
SOLD JUL 14, 2026
$1,280,000
B
4 beds4 baths4,201 sq ft
710 NW Winchester Ter, Portland, OR 97210
SOLD JUL 9, 2026
$1,440,000
C
4 beds4 baths4,079 sq ft
4183 SW Greenleaf Dr, Portland, OR 97221
SOLD AUG 17, 2026
$1,350,000
D
4 beds3 baths3,729 sq ft
1211 SW Highland Rd, Portland, OR 97221
SOLD APR 10, 2026
$885,000
E
4 beds3 baths3,783 sq ft
930 SW Skyline Blvd, Portland, OR 97221
SOLD OCT 24, 2025
$952,000
F
4 beds4 baths4,752 sq ft
4623 NW Seblar Ter, Portland, OR 97210

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Earn from this home

Sell

$309,592

Est. take-home

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Refinance

Est. cash available

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Rent

$5,546/mo

Redfin rental estimate

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Market trends in Sylvan-Highlands, OR

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.8%

+0.5% MoM

Median sale price

$780K

$55K MoM

Avg. days on market

49d

7 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 19 HRS AGO
$955,000
4 beds3 baths3,104 sq ft
3320 SW 44th Ave, Portland, OR 97221
Dan Volkmer • Windermere Realty Trust
VIDEO TOUR
$990,000
5 beds4 baths2,151 sq ft
5825 SW Sheridan Ct, Portland, OR 97221
Allison Williams • Real Broker
3D WALKTHROUGH
$1,150,000
4 beds3 baths3,426 sq ft
4414 SW Eleanor Ln, Portland, OR 97221
Leia Carlton • Portland's Alternative Inc., Realtors
$590,000
3 beds2 baths1,680 sq ft
5921 SW 45th Ave, Portland, OR 97221
Nick Shivers • eXp Realty, LLC
$945,000
4 beds3 baths3,760 sq ft
5616 SW 42nd Ave, Portland, OR 97221
Jon Cohen • Windermere Realty Trust
VIDEO TOUR
$1,200,000
4 beds3 baths3,436 sq ft
4102 SW Westdale Dr, Portland, OR 97221
Macey Laurick • Windermere Realty Trust
3D & VIDEO TOUR
$875,000
4 beds4 baths2,308 sq ft
4915 SW Barnes Rd, Portland, OR 97221
Jeremy Johansen • Windermere Realty Trust
REDFIN OPEN SAT, 2PM TO 4PM
$525,000
4 beds3 baths1,676 sq ft
4535 SW 54th Pl, Portland, OR 97221
Redfin
$1,550,000
5 beds4 baths3,939 sq ft
5144 SW Hewett Blvd, Portland, OR 97221
Amy Toyoshima • Toyoshima Realty
VIDEO TOUR
$1,575,000
4 beds4 baths4,239 sq ft
4411 SW 63rd Ave, Portland, OR 97221
Kevin Hall • Cascade Hasson Sotheby's International Realty
See all

Provided by Redfin

Sale history for 554 SW 48th Dr

Date

Event

Price

RMLS #24502264

Jul 24, 2024

Sold

$1,426,740

$334/sq ft

Jun 28, 2024

Pending

—

Jun 3, 2024

Price Changed

$1,445,000

$339/sq ft

Mar 1, 2024

Listed

$1,495,000

$350/sq ft

RMLS #21188562

Jun 30, 2021

Sold

$1,150,000

$269/sq ft

Apr 21, 2021

Pending

—

Apr 17, 2021

Listed

$1,149,000

$269/sq ft

+26

Come see this gracious, luxurious, and casually modern home! It has the privacy & space you want, sitting on a treed half acre lot just outside downtown. Deluxe you-won't-believe-it gourmet kitchen with huge center island, warm family room, formal entertaining spaces, luxe master bedroom with 2 walk in closets, spa bath, 2 more bedroom suites, 500 bottle wine cellar, 3 fireplaces, and a brick courtyard, this home has it all.

RMLS #14381824

Feb 20, 2015

Sold

$1,175,000

$275/sq ft

Jan 19, 2015

Pending

—

Jun 6, 2014

Listed

$1,249,000

$293/sq ft

+11

Modern Luxury,Million Dollar Renovation.Gated Estate,Beautifully Designed In Shades Of White, Sand And Taupe.Master On Main With Boutique Style Dressing Rooms And French Doors That Lead To A Brick Courtyard With Fountain.One of Portland's Finest Kitchens. White Slab Marble On Counters& Back Splash.SS Appliances, Extra Tall Ceilings,Hardwood Floors Throughout, 3 Fireplaces.Home Shown Furnished In Photos.

Public Records

Dec 27, 1995

Sold

$260,000

$61/sq ft

Tax history for 554 SW 48th 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

3.5

Stories

Lot width

—

Lot depth

—

Lot size

0.5 Acres

Year renovated

2013

Sq. Ft.

4,314

Year built

1987

Style

Single Family Residential

County

Multnomah County

APN

R312564

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

R20

Residential 20,000 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.

Zone overlays

Constrained Sites Overlay Zone

Permitted uses

Include but are not limited to:

Housing

Property details

Parking

Parking Information
Parking Features: Driveway
Parking Total: 1

Garage Information
Garage Type: Attached
Garage Spaces: 1
Has Attached Garage: Yes

Interior

Virtual Tour Information
Virtual Tour Type: Video
Has Virtual Tour Unbranded: Yes

Appliances
Appliances: Built-in Oven, Built-in Refrigerator, Dishwasher, Disposal, Free-Standing Gas Range, Gas Appliances, Island, Marble, Plumbed For Ice Maker, Pot Filler, Range Hood, Stainless Steel Appliance(s), Trash Compactor, Wine Cooler
Hot Water Description: Gas, Tank

Interior Features
Has Accessibility: Yes
Accessibility Features: Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Garage on Main, Main Floor Bedroom w/Bath, Roll-in Shower, Utility Room On Main
Interior Features: Heated Tile Floor, High Ceilings, Jetted Tub, Laundry, Marble, Tile Floor, Washer/Dryer
Fireplace YN: Yes
Fireplaces Total: 3
Fireplace Features: Gas
Window Features: Double Pane Windows, Wood Frames
Basement: Crawl Space, Daylight, Finished

Bathroom Information
Bathrooms Full: 3
Bathrooms Full Lower Level: 1
Bathrooms Full Main Level: 2
Bathrooms Partial: 1
Bathrooms Partial Main Level: 1
Bathrooms Total Integer: 4
Bathrooms Total Lower Level: 1
Bathrooms Total Main Level: 2.1
Baths Total: 3.1

Room 4 Information
Area: 176
Description: 4th Bedroom
Features: Built-in Features
Features Cont: Closet, High Ceilings
Length: 11
Width: 16
Level: Lower

Room 5 Information
Area: 88
Description: Wine Cellar
Features Cont: Tile Floor
Length: 8
Width: 11
Level: Lower

Room 7 Information
Area: 182
Description: 2nd Bedroom
Features: Hardwood Floors, Patio
Features Cont: High Ceilings, Suite
Length: 13
Width: 14
Level: Main

Room 8 Information
Area: 182
Description: 3rd Bedroom
Features: French Doors, Patio
Features Cont: Closet, High Ceilings, Wall to Wall Carpet
Length: 13
Width: 14
Level: Lower

Room 9 Information
Area: 168
Description: Dining Room
Features: Formal, Hardwood Floors
Length: 12
Width: 14
Level: Main

Room 10 Information
Area: 462
Description: Family Room
Features: Built-in Features, Fireplace, Hardwood Floors
Features Cont: High Ceilings
Length: 21
Width: 22
Level: Main

Room 11 Information
Area: 256
Description: Kitchen
Features: Hardwood Floors
Features Cont: Marble
Length: 16
Width: 16
Level: Main

Room 12 Information
Area: 352
Description: Living Room
Features: Fireplace, Formal, Hardwood Floors
Length: 16
Width: 22
Level: Main

Room 13 Information
Area: 323
Description: Primary Bedroom
Features: Fireplace, French Doors, Hardwood Floors, Patio
Features Cont: High Ceilings, Suite, Walk in Closet
Length: 17
Width: 19
Level: Main

Room 14 Information
Description: Great Room

Exterior

Exterior Features
Roof: Composition
Exterior Features: Fenced, Patio, Sprinkler, Water Feature, Xeriscape Landscaping
Exterior Description: Stucco

Lot Information
Lot Size Square Feet: 21,780
Lot Size Range: 20,000 SqFt to .99 Acres
Lot Size Acres: 0.5
Lot Size: 20,000 SqFt to .99 Acres
Lot Features: Bluff, Private, Trees
Parcel Number: R312564
Road Surface Type: Paved

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Updated/Remodeled
Main Level Area Total: 3,029
Lower Level Area Total: 1,239
Security Features: Security Gate, Security System Owned
View YN: Yes
View Description: Trees/Woods

Building Information
Year Built: 1987
Building Area Total: 4,268
Building Area Description: Floorplan
Building Area Calculated: 3,029
Foundation Details: Concrete Perimeter

Financial

Tax Information
Tax Year: 2023
Tax Legal Description: WOODSIDE TERR & PLAT 2, LOT 17 TL 1100
Tax Annual Amount: $18,514.91

Lease / Rent Information
Land Lease YN: No

Utilities

Utility Information
Green Certification YN: Yes
Energy Efficiency Features: Double Pane Windows, Forced Air - 90%
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: W Burnside to SW 48th. Home on the left down long driveway.
Unparsed Address: 554 SW 48TH DR, Portland, OR 97221

Community Information
Senior Community YN: No

Public facts

Beds: 4
Baths: 3.5
Sq. Ft.: 4,314
Stories: 1.0
Lot Size: 0.5 acres
Style: Single Family Residential
Year Built: 1987
Year Renovated: 2013
County: Multnomah County
APN: R312564

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 • 1.4mi

9/10

West Sylvan Middle School

Public 6-8 • Assigned • 2.1mi

6/10

Lincoln High School

Public 9-12 • Assigned • 1.6mi

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

1/10 Heat Factor

4 days above 91° expected this year, 9 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 • 97221

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.5 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.42M – $1.72M

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Amy Toyoshima • Toyoshima Realty

Home values near 554 SW 48th Dr

Data from public records.

Address	Redfin Estimate
610 Southwest 48th Dr, Portland, OR 3 Beds \| 2.5 Baths \| 3274 Sq. Ft.	$1,077,073
550 Southwest 48th Dr, Portland, OR 4 Beds \| 4 Baths \| 3640 Sq. Ft.	$1,487,915

Address	Redfin Estimate
450 Southwest 48th Dr, Portland, OR 3 Beds \| 4 Baths \| 2494 Sq. Ft.	$1,179,900
700 Southwest 48th Dr, Portland, OR 3 Beds \| 4 Baths \| 3598 Sq. Ft.	$1,655,827

Address	Redfin Estimate
604 Southwest 48th Dr, Portland, OR 4 Beds \| 4 Baths \| 4190 Sq. Ft.	$1,623,245
300 Southwest 48th Dr, Portland, OR 3 Beds \| 1.5 Baths \| 1676 Sq. Ft.	$766,368

Property information provided by RMLS when last listed in 2024. This data may not match . Learn more.

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