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7212 SE Terrace Trails Dr, Portland, OR, 97266

4beds
3baths
3,088sqft
$559,900
$181price/sqft
$4,388/moest. monthly cost
$175,520/yrincome needed

About This Home

First time on the market! Proudly owned by the original owners since 1999, this spacious 3,088 SF traditional home is tucked into the secluded hillsides on the west side of Mt. Scott, adjacent to protected green space, offering privacy, natural surroundings, and exceptional potential. Situated on a sloped 7,125 SF lot, this property presents a rare opportunity for a buyer with vision to reimagine and personalize a substantial home while building equity. The home features 3 bedrooms and 2.5 bathrooms, plus multiple flexible-use spaces ideal for today’s evolving lifestyle needs. A formal entry with open staircase welcomes you into formal living and dining rooms filled with natural light. Expansive wood floors, vaulted ceilings, open railings, bay windows, French doors, and large windows create an airy sense of space throughout. The open-concept kitchen and family room are anchored by a cozy gas fireplace, while the spacious primary suite includes a jetted soaking tub. A huge 27’x18’ upstairs bonus room, a 13’x12’ main-level den, and an impressive 22’x21’ great room above the garage offer outstanding flexibility for additional bedrooms, home offices, studio space, workshop, gym, media room, or creative retreat. Additional features include an oversized 2-car garage with extra storage, stair lift access to the main level, dedicated laundry and utility rooms, high-efficiency A.O. Smith Signature 500 water heater, and central air conditioning for year-round comfort. Outside, enjoy a fully fenced backyard with greenhouse, garden beds, grape vines, and fruit trees — a wonderful setting for gardening enthusiasts and outdoor living. Opportunities abandon where some TLC and deferred maintenance updates could dramatically enhance this home’s beauty, functionality, and long-term value. Conveniently located near SE Foster Rd, I-205, Foster Floodplain Natural Area, Brookside Wetland, trails, shopping, dining, and entertainment, yet quietly tucked away in a peaceful natural setting. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10235583]

Getting Around

27
WalkingCar-Dependent
42
TransitSome Transit
40
BikeSomewhat Bikeable

Schools

2/10
6/10
Alice Ott Middle SchoolGrades 6-80.9 mi
2/10
David Douglas High SchoolGrades 9-123.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1999

Materials

  • Foundation: Concrete Perimeter,Slab
  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Free-Standing Refrigerator,Electric Water Heater,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Hardwood Floors,Closet
  • Level: Upper
  • Area: 156

Bedroom3

  • Features: Hardwood Floors,Closet
  • Level: Upper
  • Area: 110

Bedroom4

  • Features: Hardwood Floors,Closet
  • Level: Upper
  • Area: 459

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • Partial bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Hardwood Floors, Sliding Doors
  • Level: Main
  • Area: 210

Features

  • High Ceilings,Closet,Vaulted Ceiling(s),Walk-In Closet(s)
  • Door features: French Doors,Sliding Doors
  • Window features: Vinyl Frames,Bay Window(s)
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,088
  • Total interior livable area: 3,088 sqft

Kitchen

  • Features: Dishwasher,Free Standing Range, Free Standing Refrigerator
  • Level: Main
  • Area: 156

Living Room

  • Features: Fireplace, Hardwood Floors
  • Level: Main
  • Area: 210

Master Bedroom

  • Features: Hardwood Floors,Ensuite, Vaulted Ceiling, Walkin Closet
  • Level: Upper
  • Area: 238

Property

Accessibility

  • Accessibility features: Stair Lift,Accessibility

Details

  • Parcel number: R285039
  • Zoning: R7

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Porch
  • Exterior features: Garden
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Fenced
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 6,969 sqft
  • Features: Hilly,Level,Sloped,SqFt 7000 to 9999
  • Lot size dimensions: 95' x 75'

Parking

  • Total spaces: 2
  • Parking features: Driveway,On Street,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,831$33,972
Home Insurance *$140$1,680
Property Taxes $1,137$13,644
Electricity $280$3,362
Total$4,388$52,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$150,445/yr
40% on housing$131,640/yr
45% on housing$117,013/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$181This listing

vs Other Active Listings

Avg $/sqft

ZIP 97266$252
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97266$282
Multnomah County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-16Price change$559,900
2026-05-28Listed for sale$599,900
1997-06-01Sold$48,000

For Sale by Agent

AgentBela Barany
BrokerageeXp Realty, LLC

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