$1,600,000
 $8,589 est/mo Sourced by Back At You

4005 NE Hassalo St,Portland, OR 97232

Portland, OR 97232

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Description

A Laurelhurst landmark, reborn for a modern lifestyle - complete with a permitted guest house boasting a 5-star, 5+ year track record as a top-performing short-term rental. This five-bedroom, four-bath dwelling was the subject of an uncompromising restoration by a master craftsman who knew it as his childhood home - a labor of love measured in detail and design excellence. For materials, beauty follows function at every turn: all new hand-stained aluminum clad double-paned windows, real wood trim (no MDF!), solid-core knotty alder doors, soapstone kitchen counters, Carrara marble surfaces, heated bathroom floors and vaulted cedar tongue-and-groove ceilings in both houses. Consider the methods: taken to the studs inside and out, fully insulated between rooms for climate & sound, seismically reinforced to the foundation, and rebuilt with new plumbing, electrical, furnace, & central air. All with the quiet flourishes, such as the original fireplace tile crafted by a celebrated local artist, bridging the home's storied past to its boundless future. Beyond the main residence, the permitted 2008-built guest house lives like a private treehouse retreat: a two-bedroom, one-bath open-concept with a full kitchen, vaulted cedar ceilings, skylights, a hot tub, fire pit, and hammock - a small-scale masterpiece with a loyal roster of repeat guests offering turnkey income potential. A separate studio off the garage provides a work from home dream. All of it rests on one of Portland's most desired streets, where mature trees, gilded landmarks and timeless architecture set a standard to which the rest of the city continues to aspire. Restorations of this caliber - meticulous in design, generous in amenities, rich in history - rarely come to market in Laurelhurst. Come see what a lifetime of care looks like and find yourself at home. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10245893]

Details

MLS #260140557
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1927
Days On Site136
Listing Provided ByWindermere West LLC | Matt Crile

Features

Bed(s)7
Bath(s) 5 Total
SQ Feet4,096
Garage1
BasementY
Story(s)3
Acreage0.12

Interior

HeatingForced Air
Heating YnYes
CoolingCentral Air
Cooling YnYes
Interior FeaturesCeiling Fan, Concrete Floor, Engineered Hardwood, Garage Door Opener, Hardwood Floors, Laundry, Luxury Vinyl Plank, Tile Floor, Vaulted Ceiling, Wallto Wall Carpet, Washer Dryer
Window FeaturesDouble Pane Windows, Wood Frames
AppliancesDishwasher, Disposal, Free Standing Gas Range, Gas Appliances, Microwave, Pantry, Plumbed For Ice Maker, Solid Surface Countertop, Stainless Steel Appliance, Tile

Exterior

Exterior FeaturesAccessory Dwelling Unit, Covered Deck, Deck, Fenced, Fire Pit, Free Standing Hot Tub, Porch, Water Feature, Yard
RoofComposition
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel

Parking

Attached Garage YnNo
Parking FeaturesDriveway, On Street

Taxes

Property12904

Area Information

StateOR
CountyMultnomah
CityPortland
Zip Code97232
Community NameLAURELHURST
School DistrictGrant
Elementary SchoolLaurelhurst
High SchoolGrant
Listing VS Median (in LAURELHURST)
Price:
$1,600,000
low | high
Med:
$899,000
93.8125% of Average
sqft:
4,096
low | high
Med:
2,305
93.7255859375% of Average
$ / sqft:
$391
low | high
Med:
$390
50.154446854664% of Average
On site:
136
low | high
Med:
33
100% of Average
Sourced by Back At You

Market Activity 97232

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Learn More About This Property

StateOR
CountyMultnomah
CityPortland
Zip Code97232
Community NameLAURELHURST
School DistrictGrant
Elementary SchoolLaurelhurst
High SchoolGrant
Listing VS Median (in LAURELHURST)
Price:
$1,600,000
low | high
Med:
$899,000
93.8125% of Average
sqft:
4,096
low | high
Med:
2,305
93.7255859375% of Average
$ / sqft:
$391
low | high
Med:
$390
50.154446854664% of Average
On site:
136
low | high
Med:
33
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.2M - $2M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
3533 NE HASSALO ST Property Photo 1
$1,399,999
3533 Ne Hassalo St
Portland, OR 97232
Listing Updated: October 23, 2026 at 9:12:54 AM PDT