Price Reduction - Primary on Main
Address
7307 Nw Penridge Rd, Portland, OR
Price
$ 4,250,000
Property Attributes
  • MLS#786715699
  • TypeSingle Family
  • Listing Status Active
  • CountyMULTNOMAH
  • CityPortland
  • Area148
  • NeighborhoodPenridge Estates
  • Zip97229
  • StyleCraftsman,English
  • Year Built1949
  • Taxes$ 24757
  • Price$ 4,250,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage7457
  • Lot Size1.36 Acres
Data Source:
Regional Multiple Listing Service (RMLSOR)
Property Description

There is no other setting like Penridge in Portland.Sited on 1.36 level acres in the West Hills, 7307 NW Penridge delivers a level of finish more familiar to the Hollywood Hills than the Pacific Northwest: absolute privacy, mature gardens cultivated over seventy years, and grand lawn that opens to the vast skyline. The privacy & scale of the grounds this close to the city, is rare.Effectively rebuilt in 2021, the estate lives like new. All new systems, completely reimagined. Daily life happens on the main floor, with the lower level holding an expansive gym, glass-enclosed wine cellar, sauna, private office, and guest suite: spaces you use when you want them, not rooms you maintain. The kitchen and family room are anchored by bookmatched Nero Marquina marble, a floating hood, and a fireplace running the full length of the room, paired with seamless walnut slab cabinetry and Kelly Wearstler leather accents. Original wide plank oak floors with wood plug nails, refinished in 2025. Custom Venetian plaster fireplace surrounds. Hand-stitched leather stair rail. Iron and glass throughout.The primary suite is exceptional: walk-in closet, slab marble head wall, custom lined wood walls, and a bath finished floor to ceiling in Eros Gray marble slab with a solid stone soaking tub and radiant heated floors.The outdoors flows across two levels. Off the main floor, a newly added covered living room with outdoor kitchen and gas grill, lounge seating, and fire pit opens onto the grand lawn, with the hot tub just off the primary and seventy years of gardens enveloping it all. Below, a saltwater pool with auto cover, private bar, turf lawn for games, and a sunbathing terrace.The privacy reads as remote. The location is anything but. NW 23rd Avenue is minutes down the hill, with OHSU, Nike, and Intel all within an easy commute. For those arriving in Portland for the first time, or returning to be near family- Welcome Home to Penridge!

Elementary School Middle School High School
Chapman Elementary School West Sylvan Middle School Lincoln High School
Price History
8/21/2025 Listed $6,500,000
5/30/2026 12$5,750,000
8/22/2026 27$4,250,000

General Features

Sewer SepticTank
Heating ForcedAir,Radiant,WallHeater
Cooling CentralAir,HeatPump
Roof Shake
Appliances BuiltinOven,BuiltinRange,BuiltinRefrigerator,CookIsland,Cooktop,Dishwasher,DoubleOven,GasAppliances,InstantHotWater,Island,Microwave,StainlessSteelAppliance,WaterPurifier
Zoning Resid
Garage Spaces 2.0
Architectural Style Craftsman,English
Security Features SecuritySystemOwned
Year Built 1949
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number R242501
Accessibility GarageonMain,GroundLevel,MainFloorBedroomBath,MinimalSteps,WalkinShower
County Multnomah
Property Type Residential
HOA No
Subdivision Name Penridge Estates
Full Baths 3
Status Active
Directions Skyline to Greenleaf,quick left on Penridge
High School Lincoln
City Portland
Disclosures Disclosure
MLS Area _148
Lot Size Square Feet 59241.0
Listing Terms Cash,Conventional
Elementary School Chapman
Tax Annual Amount 24757.92
Middle/Junior High School West Sylvan
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription Mountain,Territorial
Legal Description PENRIDGE ESTATES,LOT 7&A TL 2800
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities ConcreteFloor,GarageDoorOpener,HardwoodFloors,HeatedTileFloor,JettedTub,Laundry,Marble,SoundSystem,Sprinkler,VaultedCeiling,WasherDryer
Basement Daylight,Finished
Total Fireplaces 7
Fireplace Features Gas,WoodBurning
Hot Water Electricity
Window Features DoublePaneWindows
Total Bathrooms 3.1
FuelDescription Gas
Total Bedrooms 4
Total Baths 4
1/2 Baths 1

Exterior Features

Exterior Amenities BuiltinHotTub,CoveredPatio,Fenced,InGroundPool,OutdoorFireplace,Patio,PrivateRoad,Sauna,Sprinkler,Yard
Lot Features Level,Private
Water Source PublicWater
Total Parking 2.0
Garage Type Detached
Exterior Description Brick,WoodSiding
Foundation Details Slab
Building Area Total 7457.0
Lot Size Acres 1.36
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97229

Price
AVG $1M
$4.25M
Taxes
AVG $11,269
$24,757
Year Built
AVG 2005
1949
Visits
AVG 180
403
Data Provided by Inside Real Estate®

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