5 Portland Homes for Sale with Massive Price Drops
Portland, Oregon remains a growing city in 2021 despite all of the less-than-positive press the metro has received in recent years. Housing prices here have skyrocketed over 15% and are forecasted to rise again in the 2022 Portland real estate market. This means home buyers have been having a tough time purchasing anything.
Our top 1% buyers agents in Portland recommend home buyers create a search criteria on this site, then add our popular Vestor Filter™ tool to it – Biggest Price Drop Last 7 Days. This will help them snag a deal. Focusing on what’s new on the market will lead to buyer burnout. It is way better to look for Portland homes for sale that were priced too high, but then have dropped in price. The below examples are extreme, but give a great idea of what this price drop feature can do.
1. 3131 SW Talbot Rd, Portland, OR 97201
Current Price: $1,940,000
Recent Price Drop: $300,000
Original Price: $2,240,000
Square Footage: 6,001 sq. ft
Bedrooms/Bathrooms: 5 bedrooms, 4½ bathrooms
Year Built: 1937
This stately brick house designed by Herman Brookman is situated in the heart of Portland Heights. The lush lawn and abundant rose garden transform the property into a relaxing haven. The tea house which was designed by Craig Kiest is a versatile space that can be used as a tranquil spot to unwind or as a hangout place for family and friends. This property is conveniently located minutes away from OSHU, NW 23rd, and downtown.
2. 5390 NW Roanoke Ln, Portland, OR 97229
Current Price: $3,650,000
Recent Price Drop: $250,000
Original Price: $3,900,000
Square Footage: 6,949 sq. ft
Bedrooms/Bathrooms: 5 bedrooms, 4½ bathrooms
Year Built: 2009
This state-of-the-art house in NW Portland has been showcased in magazines worldwide. This gated luxury estate stands out because of its unique designer touches and personalized features. The attention-grabbing property combines a stylish appeal and an avant-garde sensibility. Its outdoor area features a heated pool with a slide, built-in spa, flat yard, and firepit. Its indoor area with 20′ ceilings showcases an infrared sauna, movie theater, and sports court.
3. 13310 S Iron Mountain Blvd, Portland, OR 97219
Current Price: $1,350,000
Recent Price Drop: $145,000
Original Price: $1,495,000
Square Footage: 4,261 sq. ft.
Bedrooms/Bathrooms: 4 bedrooms, 2½ bathrooms
Year Built: 1952
This quaint, attractive house is set in the well-known Riverdale School District in Portland. The home has a traditional floor plan with a formal living room, family room, formal dining room, and den. The eat-in kitchen with SS appliances, a gas cooktop, and granite counters is a conducive spot to cook and eat meals with friends or family. The commodious master bedroom on the first level has an updated bath. The second level has three bedrooms with full baths. The backyard has available water and electricity to accommodate RV guests.
4. 2075 NW 131st Ave, Portland, OR 97229
Current Price: $1,685,000
Recent Price Drop: $100,000
Original Price: $1,785,000
Square Footage: 7,823 sq. ft
Bedrooms/Bathrooms: 7 bedrooms, 5½ bathrooms
Year Built: 1957
This charming house in Portland looks as if it was lifted straight out of a storybook. Its fairytale-like setting is enhanced by sprawling lawns, paver patio, playground, and sports court.
The indoor space is cozy yet spacious. There are six to nine rooms that may be used as bedrooms. These flexible rooms may also be used as a private theater, workout space, recreation spot, or home office.
5. 10263 S Daphne Pl, Portland, OR 97219
Current Price: $1,799,000
Recent Price Drop: $100,000
Original Price: $1,899,000
Square Footage: 4,894 sq. ft.
Bedrooms/Bathrooms: 5 bedrooms, 4½ bathrooms
Year Built: 2004
This Silver Oaks Custom house gives off a vibe that is established yet modern at the same time. The indoor area showcases crown molding, soaring ceilings, and millwork. The outdoor area has a lovely landscape with a water feature, level lawn, trellis, playhouse, and a grilling outdoor section. It is situated in a peaceful residential area, yet it is conveniently located near downtown.
Use expert Portland buyer’s agents to help.
Call us at (503) 773-0000 or send us a text message to start searching for Portland homes for sale with significant price drops. Our small but mighty team has completed over 2,000 local home sales and would love to help you!