1040 SW MYRTLE DR
Portland, OR, 97201 $ 1,599,000
Bedrooms3 Baths3.1 Sq 4,941 Monthly Estimate*
$ 9,976
for $1,599,000 with 3 bedrooms and 3 full baths, 1 half bath. This 4,941 square foot home was built in 1965 on a lot size of 0.23.
Amazing price for Portland Heights! Breathtaking unobstructed views & unparalleled gated privacy await. Experience luxury living at its finest in this beautiful Portland Heights home. Perched high above the city, this exceptional residence boasts panoramic views of the city, river, and mountains—creating an awe-inspiring backdrop to your everyday life. Step into the stately foyer, where a dramatic wall of windows immediately captivates, seamlessly blending indoor elegance with the beauty of nature. Designed for effortless living and exceptional entertaining, the open-concept main level features hardwood floors that flow through the sophisticated living, dining, and kitchen areas. The living room is a masterpiece of comfort, complete with built-ins, a gas fireplace, and access to the expansive wraparound deck—perfect for sunset toasts or morning tranquility. The formal dining area is as grand as your imagination, offering a setting for intimate dinners or large gatherings. At the heart of the home, a newly renovated chef’s kitchen dazzles with classic white cabinetry, gleaming quartz countertops, a stunning wall of counter-to-ceiling tiles, and automated blinds. High-end appliances, including a Wolf cooktop, double ovens, and a Subzero refrigerator, elevate the culinary experience, while the dry bar and sunlit nook provide the perfect finishing touches. The main-floor primary suite is a retreat with deck access, a warm fireplace, and abundant closets. The en-suite bath features dual vanities, a walk-in shower, a discreet laundry area for ultimate convenience, and more closets. A stylish half bath completes the main level. The lower level is a haven of its own, with a spacious family room with a fireplace and opening to covered decks for year-round enjoyment, an en-suite bedroom with a fireplace, a third bedroom, a full bath, plus a large laundry room and extensive storage space. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10221292]
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FeaturesInteriorInterior Amenities Elevator GarageDoorOpener Granite HardwoodFloors HighCeilings Laundry Quartz SoakingTub TileFloor WalltoWallCarpet WasherDryer
Basement Daylight Finished
Total Fireplaces 3
Fireplace Features Gas
Hot Water Gas
Window Features DoublePaneWindows WoodFrames
Total Bathrooms 3.1
Total Bedrooms 3
Total Baths 4
1/2 Baths 1
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Flat
Appliances BuiltinRefrigerator Cooktop Dishwasher Disposal DoubleOven DownDraft GasAppliances PlumbedForIceMaker Quartz SolidSurfaceCountertop StainlessSteelAppliance Tile
Garage Spaces 2.0
Architectural Style Contemporary Traditional
Security Features SecurityGate SecuritySystemOwned
Year Built 1965
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R263141
Accessibility AccessibleElevatorInstalled AccessibleEntrance GarageonMain GroundLevel MainFloorBedroomBath MinimalSteps Parking WalkinShower
County Multnomah
Property Type Residential
HOA N
Subdivision Name PORTLAND HEIGHTS
Full Baths 3
Status Active
Directions SW Vista to Myrtle turn right into driveway before house #1048
High School Lincoln
City Portland
Disclosures Disclosure
MLS Area _148
Lot Size Square Feet 10018.0
Listing Terms Cash Conventional
Elementary School Ainsworth
Tax Annual Amount 30154.91
Middle/Junior High School West Sylvan
Property Condition UpdatedRemodeled
Virtual Tour https://www.zillow.com/view-imx/cfbf9cfe-31be-422c-be3a-ef71cc1e1a79?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description RUBSTEIN ADD LOT 5
ADU False
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ExteriorExterior Amenities CoveredDeck Deck DogRun SecurityLights
Parking Features Driveway OffStreet
Lot Features Gated Private Secluded Sloped
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description Stucco
Foundation Details PillarPostPier
Building Area Total 4941.0
Lot Size Acres 0.23
Road Surface Type Paved
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* Excluded FeaturesList ByKeller Williams Realty Portland PremiereBroker
Affordability Calculator
- Monthly Principal & Interest
- $9,976
- Monthly Property Taxes
- $2,513
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Portland, OR
Average List Price $738,422
Percent of Sale Price 54%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949242 Elementary School
1948992 Middle School
Lincoln High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/23/2025 | $1,599,000 | -4.54% | Price Down |
| 6/26/2025 | $1,675,000 | -5.63% | Price Down |
| 3/7/2025 | $1,775,000 | | Listed Price |