554 SW 48th Dr

Portland, OR 97221

$1,426,740
Last Sold Price
4
Beds
4,268 Sq. Ft.
$334 / Sq. Ft.
4,268
Sq. Ft.
$334
per Sq. Ft.
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Sold 7/24/24Virtual Tour
Sold 7/24/24Virtual Tour
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a living room with furniture and a fireplace
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Description

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...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]
  1. Listed by Katie Spurlock • Windermere Realty Trust • kspurlock@windermere.com

Property Details for 554 Southwest 48th Drive

Style
Mediterranean Mission Spanish
Parking Features
Driveway
View
Trees Woods
Garage Spaces
1.00
Parking Total
1.00
LISTING UPDATED: 08/28/2024 10:04 AM

Property Details for 554 Southwest 48th Drive

StatusSold
MLS #24502264
Days on Market119
Taxes$18,515 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1987
Lot Size0.50 AC / 21,780 SF
CountyMultnomah County
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Location

Listing Courtesy of Windermere Realty Trust

Sold By Keller Williams Realty Professionals

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Building Information for 554 Southwest 48th Drive

Stories2Year Built1987Building Size-Lot Size0.50 AC / 21,780 SF

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$8,727 per month

30 year fixed, 6.46% Interest

Principal and Interest

$7,184

Property Taxes

$1,543

HOA Dues

$0

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Property Information for 554 Southwest 48th Drive

Summary
Location and General Information
  • Accessibility Features: Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway, Garageon Main, Main Floor Bedroom Bath, Rollin Shower, Utility Room On Main
  • Country: US
  • Directions: W Burnside to SW 48th. Home on the left down long driveway.
  • Energy Efficiency Features: Double Pane Windows, Forced Air90
  • Road Surface: Paved
School Information
  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan
Parking
  • Garage Type: Attached
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $18,514.91
  • Parcel Number: R312564
  • Tax Legal Description: WOODSIDE TERR & PLAT 2, LOT 17 TL 1100
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Property
Lot Information
  • Acres: 0.5
  • Lot Description: Bluff, Private, Trees
  • Lot Size Square Feet: 21780.0
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
  • SqFt Source: Floorplan
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1987
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas, Tank
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Stucco
  • Exterior Features: Fenced, Patio, Sprinkler, Water Feature, Xeriscape Landscaping
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space, Daylight, Finished
  • Foundation Details: Concrete Perimeter
  • Window Features: Double Pane Windows, Wood Frames
  • Fireplace Description: Gas
  • Fireplaces Total: 3
  • Interior Features: Heated Tile Floor, High Ceilings, Jetted Tub, Laundry, Marble, Tile Floor, Washer Dryer
  • SqFt Calculated: 3029
  • SqFt Lower Level Total: 1239
  • SqFt Main Level Total: 3029
  • SqFt Upper Level Total: 0
  • Bedrooms Total: 4
  • Stories: 2
  • Baths Total: 3.1
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Additional Features: High Ceilings, Suite, Walkin Closet
  • Primary Bedroom Level: Main
  • Primary Bedroom SqFt: 323
  • Primary Bedroom Length: 17
  • Primary Bedroom Width: 19
  • Primary Bedroom Features: Fireplace, French Doors, Hardwood Floors, Patio
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Length: 13
  • Bedroom 2 Width: 14
  • Bedroom 2 Level: Main
  • Bedroom 2 SqFt: 182
  • 2nd Bedroom Features: Hardwood Floors, Patio
  • 2nd Bedroom Additional Features: High Ceilings, Suite
Bedroom 3
  • Room Description: _3rd Bedroom
  • Bedroom 3 Length: 13
  • Bedroom 3 Width: 14
  • Bedroom 3 Level: Lower
  • Bedroom 3 SqFt: 182
  • 3rd Bedroom Features: French Doors, Patio
  • 3rd Bedroom Additional Features: Closet, High Ceilings, Wallto Wall Carpet
Dining Room
  • Room Description: Dining Room
  • Dining Room Features: Formal, Hardwood Floors
  • Dining Room Length: 12
  • Dining Room Width: 14
  • Dining Room Level: Main
  • Dining Room SqFt: 168
Family Room
  • Room Description: Family Room
  • Family Room Features: Builtin Features, Fireplace, Hardwood Floors
  • Family Room Additional Features: High Ceilings
  • Family Room Length: 21
  • Family Room Width: 22
  • Family Room Level: Main
  • Family Room SqFt: 462
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Builtin Oven, Builtin Refrigerator, Dishwasher, Disposal, Free Standing Gas Range, Gas Appliances, Island, Marble, Plumbed For Ice Maker, Pot Filler, Range Hood, Stainless Steel Appliance, Trash Compactor, Wine Cooler
  • Kitchen Room Features: Hardwood Floors
  • Kitchen Room Additional Features: Marble
  • Kitchen RoomLength: 16
  • Kitchen RoomWidth: 16
  • Kitchen Room Level: Main
  • Kitchen Room SqFt: 256
Living Room
  • Room Description: Living Room
  • Living Room Features: Fireplace, Formal, Hardwood Floors
  • Living Room Length: 16
  • Living Room Width: 22
  • Living Room Level: Main
  • Living Room SqFt: 352
Baths
  • Baths Lower Level Full: 1
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 1.0
  • Baths Main Level Full: 2
  • BathsMainLevelPartial: 1
  • Baths Main Level Total: 2.1
  • Bathrooms Full: 3
  • Baths Partial: 1
  • Total Bathrooms: 4
  • Baths Upper Leve lFull: 0
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 0.0
Additional Room 1
  • Additional Room 1 Description: _4th Bedroom
  • Additional Room 1 Length: 11
  • Additional Room 1 Level: Lower
  • Additional Room 1 SqFt: 176
  • Additional Room 1 Width: 16
Additional Room 2
  • Additional Room 2 Description: Wine Cellar
  • Additional Room 2 Length: 8
  • Additional Room 2 Level: Lower
  • Additional Room 2 SqFt: 88
  • Additional Room 2 Width: 11
Additional Room 4
  • Additional Room 4 Features: Builtin Features
  • Additional Room 4 Additional Features: Closet, High Ceilings
Additional Room 5
  • Additional Room 5 Additional Features: Tile Floor
Multi Family
Multi-Family Information
  • Security Features: Security Gate, Security System Owned
  • SqFt Approximate Building Total: 4268

Property History for 554 Southwest 48th Drive

DateEvent & SourcePriceAppreciation
Jul 22, 2024

Sold (Public Record)

Public Record #1537849587

$1,426,740

+7.2% / yr

Jun 22, 2021

Sold (Public Record)

Public Record #1464894637

$1,150,000

-0.3% / yr

Feb 19, 2015

Sold (Public Record)

Public Record #488493563

$1,175,000—
DateEvent & SourcePrice
07/22/2024

Sold (Public Record)

Public Record #1537849587

$1,426,740

+7.2% / yr

06/22/2021

Sold (Public Record)

Public Record #1464894637

$1,150,000

-0.3% / yr

02/19/2015

Sold (Public Record)

Public Record #488493563

$1,175,000

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

Public Records for 554 Southwest 48th Drive

Taxable ValueLand-Additions-Total-
Tax Record2025$19,973 ($1,664 / month)
Home Facts
Beds4Baths3.5Total Finished SqFt4,314 SqFtAbove Grade Finished SqFt4,314 SqFtStories1Lot Size21,680 SqFtStyleSingle Family ResidenceYear Built1987ZoningR10CountyMULTNOMAHAPN1S1E06AA 01100Fireplace TypeHas Fireplace

Schools near 554 Southwest 48th Drive

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Ainsworth Elementary School
Public - K to 5
West Sylvan Middle School
Public - 6 to 8
Lincoln High School
Public - 9 to 12
Opal School Of The Portland Children's Museum
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

Opal School Of The Portland Children's Museum
CharterK to 5

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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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 Windermere Realty Trust

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 © 2026 RMLS, Portland, Oregon. Last updated: 08/28/2024 10:04 AM