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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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1948 SW Terrace Dr , Portland, OR 97201
$3,915,000
Est. Payment: $19,685.27/mo
6 Bed
5.5 Bath
6858 Sqft
Status: active | Days on site: 277
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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. 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]

Highlights

Listed by Suzann Baricevic Murphy , 503-789-1033 Where, Inc. , 503-292-6907. Portland Regional Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
0.44

Year Built

2004

County

Multnomah

Area

148 - Portland NW/ SW/ S, Raleigh Hills

Neighborhood

Portland Heights, West Hills

Listing ID

517376493

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:5.5
  • Full Bathrooms:5
  • 1/2 Bathrooms:1
Appliances:Built-in Range, Built-in Refrigerator, Butler's Pantry, Dishwasher, Disposal, Island, Marble, Microwave, Pot Filler, Range Hood, Stainless Steel Appliance(s), Wine Cooler
Air Cond:Central Air
Fireplaces:Gas,Wood Burning
Basement:Finished
Other:Central Vacuum,Elevator,Garage Door Opener,Hardwood Floors,High Ceilings,Intercom,Laundry,Marble,Soaking Tub,Sound System,Wainscoting,Wall to Wall Carpet
Other:Public Water

Exterior Features

Lot:Gated,Level,Private
Lot Dimensions:19,359 SF
Garage Capacity:3
Zoning:R5
Roof:Shake
Others:Garden,Guest Quarters,Outdoor Fireplace,Patio,Porch,Sprinkler,Yard,Resale
Sewer:Public Sewer
Parking Features:Detached,Off Street
Principal Interest
$19,685
Taxes
$4,319

Home Price

$3,915,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$783,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$19,685.27

Principal

Taxes

Principal Taxes HOA Total
Monthly $19,685.27 $4,319.13 $0.00 $24,004.40
Yearly $236,223.29 $51,829.50 $0.00 $288,052.79
Total $7,086,698.85 $1,554,885.00 $0.00 $8,641,583.85

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated: 2026-07-24T03:19:25.000Z

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