Listing provided courtesy of Keller Williams Realty Portland PremiereMLS# 734802735MLS ProviderContact Information: 503-515-5044
  • 150 days on site
  • 7 views

Located in sought-after King's Heights, this NW Contemporary home offers sweeping views of the city, river, and mountains, just minutes from Portland's most vibrant cultural destinations. Designed by the Paolo Design Group, the home has been reimagined since 2012 with a focus on quality construction, thoughtful design, and long-term performance. The exterior features custom clear cedar tongue-and-groove siding, enhanced architectural shingles installed with a reduced reveal for extended lifespan, integrated drainage, and continuous ventilation. Two levels of view-facing decks (1410sqft / 400sqft) create exceptional outdoor living and entertaining space, with stainless steel cable railings preserving sightlines and natural gas hookups for future outdoor features. Inside, Brazilian walnut hardwood floors run throughout, complemented by solid wood interior doors, custom millwork, and extensive recessed lighting on dimmers. The kitchen is designed for both daily use and entertaining, featuring granite countertops, premium built-in appliances, soft-close cabinetry with pull-out organizers, a wine cooler, food-warming drawer, and built-in gas range. The primary suite offers panoramic views, a gas fireplace, private deck access, and a spacious ensuite with heated tile floors, a soaking tub, large walk-in shower with dual heads, and a custom walk-in closet. Additional bedrooms are thoughtfully designed with blackout window treatments and organized closets. The lower level provides flexible living with a private guest or multi-gen suite, kitchenette, dry sauna, gas fireplace and a four-season enclosed fitness space with swim spa. A glass garage door opens to the views, creating a seamless indoor-outdoor experience. Set on a corner lot, the property offers a level backyard, mature landscaping, water features, and an oversized garage with EV charging and storage. A rare opportunity to own a meticulously rebuilt home in one of Portland's premier hillside neighborhoods. Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244099

Source: Regional MLS, MLS#: 734802735

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  • Property Type
    Residential
  • Lot
    0.14 acres

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  • Median Age
    34
  • Population Density
    1,377
  • College Educated
    80%
  • Estimated Median Income
    $79,097
  • Estimated Total Home Owners
    2,319
  • Estimated Total Renters
    4,006
  • Owner / Renter Divide
    37% / 63%
  • Estimated Average Household Size
    2
  • Total Population
    11,395
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 302 NW ALBEMARLE TER


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/19/2026Source: Regional MLS Status Change
Pending
5/20/2026Source: Regional MLS Price Reduction
$1,499,000 -3.2%
4/9/2026Source: Regional MLS Price Reduction
$1,549,000 -8.8%
3/12/2026Source: Regional MLS Price Reduction
$1,699,000 -5.6%
1/30/2026Source: Regional MLS Added to Database
January 30, 2026