2732 SW SCHOLLS FERRY RD
Portland, OR, 97221 $ 4,890,000
Bedrooms6 Baths7.3 Sq 9,814 Monthly Estimate*
$ 30,507
for $4,890,000 with 6 bedrooms and 7 full baths, 3 half baths. This 9,814 square foot home was built in 1939 on a lot size of 8.05.
Nestled on an incredibly rare eight private acres in Portland’s prestigious Southwest Hills, the historic Merlo Estate is a rare opportunity to enjoy timeless European sophistication in a stunning vineyard setting designed for epic entertaining. Built in 1939, this stately French Provincial residence was home to influential Portlanders whose business, civic and philanthropic legacies shaped the city. This refined sanctuary features grand entertaining spaces indoors and out, boasting breathtaking vineyard views and resort-style amenities—including a saltwater pool, private tennis courts, and a fully equipped outdoor kitchen. Steeped in a rich history with a timeless allure, this extraordinary estate awaits its next chapter. Located in unincorporated Multnomah County. Features include gated entrance, French Provincial architecture with stucco exterior, an attached three-car garage and detached 1070 sq. ft. garage with industrial kitchen, break room, & workshop, saltwater pool, lighted tennis court and vineyards.Behind the grand gates, this estate unfolds like a storybook, blending classic European charm with an entertainer's dream setting. The timeless architecture—tall, steeply pitched hipped roof, a flat stucco façade adorned with painted shutters, copper accents, and an arched entryway—epitomizes the enduring appeal of French Provincial design, a style that was second only to Colonial Revival in popularity at the time of construction.Step inside, where warmth and refinement blend seamlessly throughout the home. The interiors, designed for intimate gatherings and lavish entertaining, offer expansive rooms, exquisite millwork custom-designed for Merlo, and rooms bathed in natural light. The main floor's living room offers breathtaking views of the surrounding landscape. Opening directly to the expansive patio, this space provides a stunning backdrop of the pool and vineyard for hosting unforgettable memories.
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FeaturesInteriorInterior Amenities GarageDoorOpener HardwoodFloors HighCeilings Laundry Marble SoakingTub TileFloor WalltoWallCarpet
Basement Finished
Total Fireplaces 4
Fireplace Features WoodBurning
Hot Water Electricity
Total Bathrooms 7.3
Total Bedrooms 6
Total Baths 10
1/2 Baths 3
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances BuiltinOven Cooktop Dishwasher Disposal GasAppliances Island Marble StainlessSteelAppliance Tile
Zoning tbd
Garage Spaces 5.0
Architectural Style Traditional
Year Built 1939
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number R113717
County Multnomah
Property Type Residential
HOA N
Subdivision Name SW HILLS
Full Baths 7
Status Active
Directions Private drive off Scholls Ferry Road
High School Ida B Wells
City Portland
Disclosures Disclosure
MLS Area _148
Lot Size Square Feet 350658.0
Listing Terms Cash Conventional
Elementary School Bridlemile
Tax Annual Amount 60391.0
Middle/Junior High School Robert Gray
Property Condition UpdatedRemodeled
Virtual Tour https://vimeo.com/1062865788/7de9d628a5
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 4 tax lotsR113722 R327378 R113717 R113723 (4 tax lots 8.05 acres)
ADU False
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ExteriorExterior Amenities BuiltinBarbecue BuiltinHotTub Deck Fenced FirePit Garden InGroundPool Outbuilding Patio Porch SecurityLights Sprinkler TennisCourt WaterFeature Workshop Yard
Parking Features Driveway ParkingPad
Lot Features Gated Level Private PrivateRoad Trees
Water Source PublicWater Well
Total Parking 5.0
Garage Type Attached Detached
Exterior Description Stucco
Building Area Total 9814.0
Lot Size Acres 8.05
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* Excluded FeaturesList ByLuxe Forbes Global PropertiesBroker
terry@luxeoregon.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $30,507
- Monthly Property Taxes
- $5,033
- 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 $731,330
Percent of Sale Price 85%
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.
3254081 Elementary School
3254083 Middle School
Ida B Wells High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/14/2025 | $4,890,000 | -2.20% | Price Down |
| 4/30/2025 | $5,000,000 | -35.90% | Price Down |
| 3/13/2025 | $7,800,000 | | Listed Price |