1948 SW Terrace Dr

$4,350,000
Price
6
Beds
6,858 Sq. Ft.
$634 / Sq. Ft.
6,858
Sq. Ft.
$634
per Sq. Ft.

Description

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...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]
  1. Listed by Suzann Baricevic Murphy • Where, Inc.

Property Details for 1948 Southwest Terrace Drive

Style
Custom Style
Subdivision
Portland Heights, West Hills
Parking Features
Off Street
Zoning
R5
Garage Spaces
3.00
Parking Total
3.00
LISTING UPDATED: 10/30/2025 03:07 PM

Property Details for 1948 Southwest Terrace Drive

StatusActive
MLS #517376493
Days on Market105
Taxes$51,830 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2004
Lot Size0.44 AC / 19,166 SF
CountyMultnomah County

Location

Listing Courtesy of Where, Inc.
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Building Information for 1948 Southwest Terrace Drive

Stories3Year Built2004Building Size-Lot Size0.44 AC / 19,166 SF

Payment Calculator

$25,814 per month

30 year fixed, 6.28% Interest

Principal and Interest

$21,495

Property Taxes

$4,319

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1948 Southwest Terrace Drive

Summary
Location and General Information
  • Country: US
  • Directions: SW Ravensview Dr to SW Terrace Dr
  • Road Surface: Paved
School Information
  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan
Parking
  • Garage Type: Detached
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $51,829.50
  • Parcel Number: R174574
  • Tax Legal Description: GROVERS ADD, BLOCK 117 TL 1700
Property
Lot Information
  • Acres: 0.44
  • Lot Description: Gated, Level, Private
  • Lot Size Square Feet: 19166.0
  • Lot Size Dimension: 19,359 SF
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 Sq Ft
  • SqFt Source: Floor Plan
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Resale
  • Year Built: 2004
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cedar, Stucco
  • Exterior Features: Garden, Guest Quarters, Outdoor Fireplace, Patio, Porch, Sprinkler, Yard
  • Roof Type: Shake
Interior Features
  • Basement: Finished
  • Fireplace Description: Gas, Wood Burning
  • Fireplaces Total: 3
  • Interior Features: Central Vacuum, Elevator, Garage Door Opener, Hardwood Floors, High Ceilings, Intercom, Laundry, Marble, Soaking Tub, Sound System, Wainscoting, Wallto Wall Carpet
  • SqFt Calculated: 5023
  • SqFt Lower Level Total: 1835
  • SqFt Main Level Total: 3104
  • SqFt Upper Level Total: 1919
  • Bedrooms Total: 6
  • Stories: 3
  • Baths Total: 5.1
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Additional Features: Suite, Walkin Closet, Wallto Wall Carpet
  • Primary Bedroom Level: Upper
  • Primary Bedroom SqFt: 272
  • Primary Bedroom Length: 17
  • Primary Bedroom Width: 16
  • Primary Bedroom Features: Balcony
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Length: 12
  • Bedroom 2 Width: 14
  • Bedroom 2 Level: Upper
  • Bedroom 2 SqFt: 168
  • 2nd Bedroom Additional Features: Wallto Wall Carpet
Bedroom 3
  • Room Description: _3rd Bedroom
  • Bedroom 3 Length: 12
  • Bedroom 3 Width: 14
  • Bedroom 3 Level: Upper
  • Bedroom 3 SqFt: 168
  • 3rd Bedroom Additional Features: Wallto Wall Carpet
Dining Room
  • Room Description: Dining Room
  • Dining Room Features: Exterior Entry, Formal, Patio
  • Dining Room Additional Features: Wood Floors
  • Dining Room Length: 12
  • Dining Room Width: 16
  • Dining Room Level: Main
  • Dining Room SqFt: 192
Family Room
  • Room Description: Family Room
  • Family Room Features: Builtin Features, Fireplace
  • Family Room Additional Features: Wood Floors
  • Family Room Length: 13
  • Family Room Width: 19
  • Family Room Level: Main
  • Family Room SqFt: 247
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Builtin Range, Builtin Refrigerator, Butlers Pantry, Dishwasher, Disposal, Island, Marble, Microwave, Pot Filler, Range Hood, Stainless Steel Appliance, Wine Cooler
  • Kitchen Room Features: Eating Area, French Doors, Island, Patio
  • Kitchen Room Additional Features: Butlers Pantry, Marble
  • Kitchen RoomLength: 14
  • Kitchen RoomWidth: 17
  • Kitchen Room Level: Main
  • Kitchen Room SqFt: 238
Living Room
  • Room Description: Living Room
  • Living Room Features: Fireplace, Formal, French Doors, Patio
  • Living Room additional Features: Wood Floors
  • Living Room Length: 19
  • Living Room Width: 15
  • Living Room Level: Main
  • Living Room SqFt: 285
Baths
  • Baths Lower Level Full: 1
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 1.0
  • Baths Main Level Full: 1
  • BathsMainLevelPartial: 1
  • Baths Main Level Total: 1.1
  • Bathrooms Full: 5
  • Baths Partial: 1
  • Total Bathrooms: 6
  • Baths Upper Leve lFull: 3
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 3.0
Additional Room 1
  • Additional Room 1 Description: _4th Bedroom
  • Additional Room 1 Length: 12
  • Additional Room 1 Level: Upper
  • Additional Room 1 SqFt: 156
  • Additional Room 1 Width: 13
Additional Room 2
  • Additional Room 2 Description: _5th Bedroom
  • Additional Room 2 Length: 12
  • Additional Room 2 Level: Main
  • Additional Room 2 SqFt: 156
  • Additional Room 2 Width: 13
Additional Room 3
  • Additional Room 3 Description: Bonus Room
  • Additional Room 3 Length: 19
  • Additional Room 3 Level: Main
  • Additional Room 3 SqFt: 323
  • Additional Room 3 Width: 17
Additional Room 4
  • Additional Room 4 Additional Features: Wallto Wall Carpet
Additional Room 5
  • Additional Room 5 Additional Features: Suite, Wallto Wall Carpet
Additional Room 6
  • Additional Room 6 Features: Balcony
  • Additional Room 6 Additional Features: Wallto Wall Carpet
Multi Family
Multi-Family Information
  • Security Features: Security Gate
  • SqFt Approximate Building Total: 6858

Property History for 1948 Southwest Terrace Drive

DateEvent & SourcePriceAppreciation
May 10, 2022

Sold (Public Record)

Public Record #1489438487

$3,925,000

+2.7% / yr

Mar 20, 2012

Sold (Public Record)

Public Record #325650876

$3,000,000
DateEvent & SourcePrice
05/10/2022

Sold (Public Record)

Public Record #1489438487

$3,925,000

+2.7% / yr

03/20/2012

Sold (Public Record)

Public Record #325650876

$3,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1948 Southwest Terrace Drive

Taxable ValueLand-Additions-Total-
Tax Record2025$53,786 ($4,482 / month)
Home Facts
Beds0Baths4.5Total Finished SqFt6,255 SqFtAbove Grade Finished SqFt5,631 SqFtFinished Basement SqFt624 SqFtUnfinished Basement SqFt1,059 SqFtStories2Lot Size19,359 SqFtStyleSingle Family ResidenceYear Built2004ZoningR5CountyMULTNOMAHAPN1S1E04CC 01700Fireplace TypeHas Fireplace

Schools near 1948 Southwest Terrace Drive

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Ainsworth Elementary School
PublicK to 5

West Sylvan Middle School
Public6 to 8

Lincoln High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1948 Southwest Terrace Drive is a single family home for sale in Portland, OR 97201. This property was listed for sale on September 11, 2025 by Where, Inc., it's currently listed at $4,350,000. It has been on the market for a total of 105 days and was last sold on May 10, 2022. This listing's school district is Portland School District 1j. Nearby schools include Ainsworth Elementary School, West Sylvan Middle School and Lincoln High School. 1948 Southwest Terrace Drive is a 6-bed, 6-bath, 6,858 sqft single family home built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Where, Inc.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 10/30/2025 03:07 PM