Nestled at the end of a quiet street in one of Southwest Portland’s most coveted pockets, this updated 1965 Northwest Contemporary home delivers an exceptional blend of modern living, natural seclusion, and versatile space. Set on a beautiful 1-acre terraced lot, this property offers a peaceful sanctuary framed by mature trees and greenery—all just minutes from downtown Portland, OHSU, Lewis & Clark College, and Lake Oswego. Enjoy access to Tryon Creek State Park, with a trailhead just 1,000 feet from the front door.Classic NW architecture combined with mid-century modern elements make this a very comfortable, livable home. The interior includes warm wood, abundant daylight, and modern updates throughout.The main floor boasts an expansive living area anchored by a cozy wood fireplace, flowing into a bright layout designed for both everyday comfort and effortless entertaining. Below, the daylight lower level features 3 bedrooms, a full bath and its own separate exterior entrance, presenting flexible potential for sound-separation between levels, guest quarters, home office, or an income-producing rental setup.Outside, the fully usable 1-acre grounds are a rare find in the city; enjoy private terraced gardens, gentle slopes, and ample open space with potential for a sports court, pool, etc. The large, covered outdoor entertaining area is a NW dream, allowing outdoor living year round.Below the house is a fully built-out yurt with sleeping loft, kitchen, bathroom, sauna and cold-plunge, suitable for guests, a home office, an art studio, or simply a personal wellness space. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250938]
Pending
$984,500
1046 SW Palatine St, Portland, OR 97219
5beds
3,127sqft
Residential, Single Family Residence
Built in 1965
1 Acres Lot
$-- Zestimate®
$315/sqft
$-- HOA
What's special
Private terraced gardensModern updates throughoutAbundant daylightWarm woodAmple open space
- 8 days |
- 54 |
- 3 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Dylan McNerney dylanm@windermere.com,
Windermere Realty Trust
Source: RMLS (OR),MLS#: 742303196
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 2
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Built In Oven, Built-In Range, Double Oven, Down Draft, Gas Appliances, Microwave, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
Features
- Ceiling Fan(s), Cook Island, Quartz
- Flooring: Hardwood
- Windows: Double Pane Windows
- Basement: Finished,Full
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,127
- Total interior livable area: 3,127 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Parking, Accessibility
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Deck
- Exterior features: Fire Pit, Garden, Gas Hookup, Raised Beds, Sauna
- Has spa: Yes
- Spa features: Builtin Hot Tub
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 1 Acres
- Features: Gentle Sloping, Secluded, Terraced, Trees, Wooded, Acres 1 to 3
Details
- Additional structures: GasHookup, SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: R331549
- Zoning: R20
Construction
Type & style
- Home type: SingleFamily
- Architectural style: NW Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Shake Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1965
Utilities & green energy
- Gas: Gas Hookup, Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $315/sqft
- Tax assessed value: $1,198,960
- Annual tax amount: $14,644
- Date on market: 8/1/2026
- Cumulative days on market: 9 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Pending sale | $984,500$315/sqft |
Source:  RMLS (OR) #742303196 Report a problem | ||
| 8/1/2026 | Listed for sale | $984,500+80.6%$315/sqft |
Source: RMLS (OR) #742303196 Report a problem | ||
| 7/16/2014 | Sold | $545,000-0.7%$174/sqft |
Source: RMLS (OR) #14516145 Report a problem | ||
| 5/22/2014 | Pending sale | $549,000$176/sqft |
Source: Windermere Stellar #14516145 Report a problem | ||
| 5/3/2014 | Listed for sale | $549,000$176/sqft |
Source: Windermere Stellar #14516145 Report a problem | ||
| 4/23/2014 | Pending sale | $549,000$176/sqft |
Source: Windermere Stellar #14516145 Report a problem | ||
| 4/15/2014 | Listed for sale | $549,000-7.8%$176/sqft |
Source: Windermere Stellar #14516145 Report a problem | ||
| 12/10/2013 | Listing removed | $595,500$190/sqft |
Source: Windermere Cronin & Caplan Realty Group, Inc. #13355642 Report a problem | ||
| 8/22/2013 | Price change | $595,500-7.9%$190/sqft |
Source: Windermere Cronin & Caplan Realty Group, Inc. #13355642 Report a problem | ||
| 7/10/2013 | Listed for sale | $646,900+203.7%$207/sqft |
Source: Windermere Cronin & Caplan Realty Group, Inc. #13355642 Report a problem | ||
| 6/16/1995 | Sold | $213,000$68/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,644 +3.7% | $544,000 +3% |
| 2024 | $14,118 +4% | $528,160 +3% |
| 2023 | $13,575 +2.2% | $512,780 +3% |
| 2022 | $13,281 +1.7% | $497,850 +3% |
| 2021 | $13,057 +9% | $483,350 +3% |
| 2020 | $11,977 +8.7% | $469,270 +7.8% |
| 2019 | $11,023 | $435,320 +3% |
| 2018 | $11,023 +3% | $422,650 +3% |
| 2017 | $10,699 +14% | $410,340 +3% |
| 2016 | $9,383 | $398,390 +3% |
| 2015 | $9,383 +2.7% | $386,790 +21.1% |
| 2014 | $9,137 +27.7% | $319,270 +3% |
| 2013 | $7,157 +5.9% | $309,980 +3% |
| 2012 | $6,760 +3.9% | $300,960 +3% |
| 2011 | $6,505 +5.5% | $292,200 +3% |
| 2010 | $6,164 +2.7% | $283,690 +3% |
| 2009 | $6,001 +5.9% | $275,430 +3% |
| 2008 | $5,665 +0.2% | $267,410 +3% |
| 2007 | $5,653 +11.4% | $259,630 +3% |
| 2006 | $5,076 +4.7% | $252,070 +3% |
| 2005 | $4,846 -8.4% | $244,730 +3% |
| 2004 | $5,289 +7.7% | $237,610 +3% |
| 2003 | $4,911 +3.4% | $230,690 +3% |
| 2002 | $4,750 +9.8% | $223,980 +6.1% |
| 2000 | $4,327 +5.2% | $211,130 +3% |
| 1999 | $4,113 | $204,990 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Arnold Creek
Nearby schools
GreatSchools rating
- 10/10Stephenson Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Jackson Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Stephenson
- Middle: Jackson
- High: Ida B Wells
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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