Local realty services provided by:Columbia River Realty ERA Powered
1948 SW Terrace Dr,Portland, OR 97201
$4,350,000
- 6 Beds
- 6 Baths
- 6,858 sq. ft.
- Single family
- Active
Listed by: suzann baricevic murphy
Office: where, inc.
MLS#:517376493
Source:PORTLAND
Price summary
- Price:$4,350,000
- Price per sq. ft.:$634.3
About this home
Built in 2004, this hidden jewel crowns Portland Heights at the top of the West Hills-rarely visible from the street yet unforgettable once discovered. Originally conceived as a NW estate with modern American ease, the home was thoughtfully redesigned with sleek, South American inspired interiors. Today, it presents as even more remarkable thanks to extensive updates by the current owners, who enhanced nearly every corner before being transferred away from our beautiful city.The 6-bedroom, 5.1-bath layout spans nearly 7,000 square feet of elevated living. Multiple verandas, secret gardens, and outdoor fireplaces blur the line between indoor and outdoor life. Interiors are alive with texture-lime-washed walls, custom closets by California Closets, curated lighting, leathered wall finishes, and rich wood ceilings. Expansive entertaining spaces flow to a gourmet kitchen, while highlights include a custom wine cellar, soundproof theater with glitter carpet and projector, and a dedicated gym.Every detail has been addressed: new balcony doors and windows in the primary suite, new outdoor lighting, irrigation upgrades, fresh paint throughout, remote-control curtains, and a whole-house generator (2024). Three fireplaces-two gas and one wood-burning-anchor the gathering spaces, while Sonos sound enriches daily life. The 3-car garage, new security system, and a gated entry reinforce ease and privacy.Minutes from downtown yet worlds away, this home offers serenity, scale, and sophistication. For the next owner, the true luxury is inheriting a home that’s been elevated inside and out. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10192482]
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Home facts
- Year built:2004
- Listing ID #:517376493
- Added:140 day(s) ago
- Updated:January 28, 2026 at 12:18 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:5
- Half bathrooms:1
- Living area:6,858 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Shake
- Year built:2004
- Building area:6,858 sq. ft.
- Lot area:0.44 Acres
Schools
- High school:Lincoln
- Middle school:West Sylvan
- Elementary school:Ainsworth
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,350,000
- Price per sq. ft.:$634.3
- Tax amount:$51,830 (2024)
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