511 SW Colony Dr

1,628 Sq. Ft.
$510 / Sq. Ft.
1,628
Sq. Ft.
$510
per Sq. Ft.

Description

A peaceful sanctuary in the city - live like you are on vacation year round in this dreamy, modern one level home. High vaulted ceilings with exposed natural wood beams create an airy open interior that flows from the living room through the kitchen & dining space. Walls of windows bring light and the surrounding nature in, creating a serene living experience. This inviting 3 bed/2 bath home lives large and has been updated with designer selected interior and exterior paint (2025), new Berber wool...A peaceful sanctuary in the city - live like you are on vacation year round in this dreamy, modern one level home. High vaulted ceilings with exposed natural wood beams create an airy open interior that flows from the living room through the kitchen & dining space. Walls of windows bring light and the surrounding nature in, creating a serene living experience. This inviting 3 bed/2 bath home lives large and has been updated with designer selected interior and exterior paint (2025), new Berber wool carpet in the bedrooms complemented by modern light fixtures from CB2 and West Elm.  Seamlessly transition through the sliding glass doors to the gorgeous new Ipe deck that overlooks the private, beautifully landscaped .24 acre lot. This oasis in the city is surrounded by mature trees that offer natural privacy, while an open lawn provides space to relax, play, or entertain.  Located in a quiet, established neighborhood with exceptional amenities, residents enjoy access to a community pool and pool house, tennis and pickle ball courts, and a Tryon Creek trailhead just down the street. The HOA covers water and amenity fees, and also hosts year-round events that foster connection and community.  Nestled in the forest yet just minutes to downtown LO/PDX, Sellwood, Multnomah Village, New Seasons, Zupans, cafes plus so much more. Whether you are seeking a peaceful refuge, connected community, or easy access to outdoor adventures, you will find it all here. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10201206]
  1. Listed by Marisa Swenson • Modern Homes Collective

Property Details for 511 Southwest Colony Drive

Style
Stories1, Contemporary
Subdivision
Colony Estates
Parking Features
Driveway, Off Street
Garage Spaces
2.00
Parking Total
2.00
LISTING UPDATED: 07/13/2025 08:39 PM

Property Details for 511 Southwest Colony Drive

StatusSold
MLS #621092526
Days on Market8
Taxes$10,539 / year
HOA Fees$469 / month
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1984
Lot Size0.24 AC / 10,454 SF
CountyMultnomah County

Location

Listing Courtesy of Modern Homes Collective

Sold By Think Real Estate

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Building Information for 511 Southwest Colony Drive

Stories1Year Built1984Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$5,527 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,179

Property Taxes

$878

HOA Dues

$469

The Payment Calculator is for illustrative purposes only.

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Property Information for 511 Southwest Colony Drive

Summary
Location and General Information
  • Accessibility Features: One Level
  • Country: US
  • Directions: Boones ferry to Colony
  • Road Surface: Paved
School Information
  • Elementary School: Stephenson
  • High School: Ida B Wells
  • Middle Or Junior School: Jackson
Parking
  • Garage Type: Detached
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $10,538.74
  • Parcel Number: R179100
  • Association Fee: $469.00
  • Association Fee Frequency: Monthly
  • Association Status: Active
  • Association Contact: Spencer Corwin
  • Association Name: The Hera Franklin Colony
  • Association Phone: 503-445-1218
  • Association Email: spencerc@COMMUNITYMGT.com
  • Association Address: 2105 SE 9th Ave Portland, OR 97214-4653
  • Tax Legal Description: HERA FRANKLIN COLONY, LOT 51
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Property
Lot Information
  • Acres: 0.24
  • Lot Description: Level, Private, Trees
  • Lot Size Square Feet: 10454.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
  • SqFt Source: county
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Resale
  • Year Built: 1984
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cedar
  • Exterior Features: Deck, Yard
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Window Features: Aluminum Frames, Double Pane Windows
  • Fireplace Description: Gas
  • Fireplaces Total: 1
  • Interior Features: Laundry, Quartz, Tile Floor, Vaulted Ceiling, Wallto Wall Carpet
  • SqFt Calculated: 1628
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 1628
  • SqFt Upper Level Total: 0
  • Bedrooms Total: 3
  • Stories: 1
  • Baths Total: 2.0
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Additional Features: Double Sinks, Ensuite, Soaking Tub, Walkin Closet, Walkin Shower, Wallto Wall Carpet
  • Primary Bedroom Level: Main
  • Primary Bedroom SqFt: 182
  • Primary Bedroom Length: 13
  • Primary Bedroom Width: 14
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Length: 11
  • Bedroom 2 Width: 11
  • Bedroom 2 Level: Main
  • Bedroom 2 SqFt: 121
  • 2nd Bedroom Additional Features: Closet, Wallto Wall Carpet
Bedroom 3
  • Room Description: _3rd Bedroom
  • Bedroom 3 Length: 10
  • Bedroom 3 Width: 11
  • Bedroom 3 Level: Main
  • Bedroom 3 SqFt: 110
  • 3rd Bedroom Additional Features: Closet, Wallto Wall Carpet
Dining Room
  • Room Description: Dining Room
  • Dining Room Features: Sliding Doors
  • Dining Room Additional Features: Vaulted Ceiling
  • Dining Room Length: 16
  • Dining Room Width: 11
  • Dining Room Level: Main
  • Dining Room SqFt: 176
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Cook Island, Dishwasher, Disposal, Down Draft, Free Standing Gas Range, Free Standing Refrigerator, Gas Appliances, Microwave, Stainless Steel Appliance
  • Kitchen Room Features: Builtin Range, Cook Island, Dishwasher, Disposal, Gas Appliances, Microwave
  • Kitchen Room Additional Features: Free Standing Refrigerator, Vaulted Ceiling
  • Kitchen RoomLength: 14
  • Kitchen RoomWidth: 12
  • Kitchen Room Level: Main
  • Kitchen Room SqFt: 168
Living Room
  • Room Description: Living Room
  • Living Room Features: Builtin Features, Fireplace
  • Living Room additional Features: Vaulted Ceiling
  • Living Room Length: 16
  • Living Room Width: 24
  • Living Room Level: Main
  • Living Room SqFt: 384
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 0.0
  • Baths Main Level Full: 2
  • BathsMainLevelPartial: 0
  • Baths Main Level Total: 2.0
  • Bathrooms Full: 2
  • Baths Partial: 0
  • Total Bathrooms: 2
  • Baths Upper Leve lFull: 0
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 0.0
Additional Room 1
  • Additional Room 1 Description: Laundry
  • Additional Room 1 Length: 5
  • Additional Room 1 Level: Main
  • Additional Room 1 SqFt: 40
  • Additional Room 1 Width: 8
Additional Room 4
  • Additional Room 4 Features: Builtin Features
Amenities
Amenities Information
  • Association Amenities: Commons, Management, Party Room, Pool, Road Maintenance, Sewer, Tennis Court, Water
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 1628

Property History for 511 Southwest Colony Drive

DateEvent & SourcePriceAppreciation
Jul 10, 2025

Sold (Public Record)

Public Record #1903853649

$830,000

+0.6% / yr

May 17, 2022

Sold (Public Record)

Public Record #1489803342

$815,000

+8.5% / yr

Sep 14, 2012

Sold (Public Record)

Public Record #337658099

$369,500

+13.3% / yr

Jul 27, 2010

Sold (Public Record)

Public Record #293218686

$283,000
DateEvent & SourcePrice
07/10/2025

Sold (Public Record)

Public Record #1903853649

$830,000

+0.6% / yr

05/17/2022

Sold (Public Record)

Public Record #1489803342

$815,000

+8.5% / yr

09/14/2012

Sold (Public Record)

Public Record #337658099

$369,500

+13.3% / yr

07/27/2010

Sold (Public Record)

Public Record #293218686

$283,000

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

Public Records for 511 Southwest Colony Drive

Taxable ValueLand-Additions-Total-
Tax Record2025$10,932 ($911 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,628 SqFtAbove Grade Finished SqFt1,628 SqFtStories1Lot Size10,561 SqFtStyleSingle Family ResidenceYear Built1984ZoningR10CountyMULTNOMAHAPN1S1E28DD 01400Fireplace TypeHas Fireplace

Schools near 511 Southwest Colony 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 8
Rating
School
Distance
Stephenson Elementary School
PublicK to 5

Jackson Middle School
Public6 to 8

Ida B. Wells-Barnett High School
Public9 to 12

Portland Village School
CharterK to 8

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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Listing Courtesy of Modern Homes Collective

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