1046 SW PALATINE ST

Nestled at the end of a quiet street in one of Southwest Portland’s most coveted pockets, this updated 1965 Northwest Contemporary home delivers an exceptional blend of modern living, natural seclusion, and versatile space. Set on a beautiful 1-acre terraced lot, this property offers a peaceful sanctuary framed by mature trees and greenery—all just minutes from downtown Portland, OHSU, Lewis & Clark College, and Lake Oswego. Enjoy access to Tryon Creek State Park, with a trailhead just 1,000 feet from the front door.Classic NW architecture combined with mid-century modern elements make this a very comfortable, livable home. The interior includes warm wood, abundant daylight, and modern updates throughout.The main floor boasts an expansive living area anchored by a cozy wood fireplace, flowing into a bright layout designed for both everyday comfort and effortless entertaining. Below, the daylight lower level features 3 bedrooms, a full bath and its own separate exterior entrance, presenting flexible potential for sound-separation between levels, guest quarters, home office, or an income-producing rental setup.Outside, the fully usable 1-acre grounds are a rare find in the city; enjoy private terraced gardens, gentle slopes, and ample open space with potential for a sports court, pool, etc. The large, covered outdoor entertaining area is a NW dream, allowing outdoor living year round.Below the house is a fully built-out yurt with sleeping loft, kitchen, bathroom, sauna and cold-plunge, suitable for guests, a home office, an art studio, or simply a personal wellness space.