See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

8122 SW 54th Ave, Portland, OR, 97219

3beds
3baths
3,230sqft
$1,100,000
$341price/sqft
$7,040/moest. monthly cost
$281,600/yrincome needed

About This Home

Private Retreat in the Heart of Multnomah Village! Nestled on 0.93 secluded, wooded acres, this one-of-a-kind property offers the perfect blend of privacy, natural beauty, and convenience. Enjoy a picturesque setting with sweeping territorial views from a wall of windows and an expansive wraparound deck; ideal for relaxing or entertaining. Unwind in the private jacuzzi or enjoy the charming treehouse tucked among the trees. Inside, the dramatic vaulted ceilings and stunning 20-foot floor-to-ceiling rock fireplace create a warm, inviting centerpiece. The versatile lower level features a private office with a separate entrance, plus a fourth bedroom or bonus room to fit your lifestyle. Car enthusiasts, hobbyists, or those needing extra space will love the insulated, heated 4-car garage with a large workshop and an unfinished second floor offering endless possibilities for a studio, home gym, storage, or future expansion. Experience the peace and tranquility of a private woodland retreat, just minutes from the shops, restaurants, parks, and amenities of desirable Multnomah Village. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249417]

Getting Around

15
WalkingCar-Dependent
27
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

10/10
8/10
Jackson Middle SchoolGrades 6-81.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1979

Materials

  • Roof: Metal
  • Construction materials: Cedar

Type & Style

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

Interior

Appliances

  • Appliances included: Built In Oven,Built-In Range,Cooktop,Dishwasher,Disposal,Double Oven,Free-Standing Refrigerator,Microwave,Plumbed For Ice Maker,Range Hood,Stainless Steel Appliance(s),Washer/Dryer,Tankless Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Daylight

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Family Room

  • Features: Builtin Features
  • Level: Lower

Features

  • High Speed Internet,Soaking Tub,Vaulted Ceiling(s),Built-in Features,Gourmet Kitchen,Updated Remodeled,Double Vanity,Granite,Suite
  • Window features: Double Pane Windows
  • Flooring: Cork
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Forced Air 90
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,230
  • Total interior livable area: 3,230 sqft

Kitchen

  • Features: Dishwasher, Gourmet Kitchen, Updated Remodeled,Cork Floor, Double Sinks, Granite
  • Level: Main

Living Room

  • Features: Vaulted Ceiling
  • Level: Main

Master Bedroom

  • Features: Deck,Suite, Vaulted Ceiling
  • Level: Upper

Property

Accessibility

  • Accessibility features: Garage On Main,Accessibility

Details

  • Parcel number: R329309
  • Zoning: R10

Features

  • Stories: 3
  • Patio & porch: Deck,Porch
  • Exterior features: Gas Hookup
  • Has spa: Yes
  • Spa features: Free Standing Hot Tub
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 0.93 Acres
  • Features: Flag Lot,Sloped,Trees,Wooded,SqFt 20000 to Acres1

Parking

  • Total spaces: 4
  • Parking features: Driveway,RV Access/Parking,Garage Door Opener,Detached,Oversized
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • 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
    EarthquakeRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
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 $5,562$66,744
Home Insurance *$250$3,000
Property Taxes $935$11,220
Electricity $293$3,517
Total$7,040$84,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$241,371/yr
40% on housing$211,200/yr
45% on housing$187,733/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

$341This listing

vs Other Active Listings

Avg $/sqft

ZIP 97219$271
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97219$312
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
2026-07-09Listed for sale$1,100,000
2015-10-09Sold$604,000
2015-08-20Pending sale$650,000
2015-07-13Price change$650,000
2015-06-16Price change$675,000
2015-05-28Listed for sale$730,000
1999-10-21Sold$331,000

For Sale by Agent

AgentLois Waugh
BrokerageHomeSmart Realty Group

Similar Homes