RealtyLens
for saleRealtyLens property overview
$389,900

16545 SW Monterey Ln

Portland, OR, 97224
View more Portland, OR property pages
2Beds
2Baths
1,236Sqft
$315$/sqft

Listing Notes

Welcome to easy living in the heart of King City! This charming attached townhouse offers 1,236 sq ft of comfortable living space with 2 bedrooms and 2 bathrooms in a peaceful, well-established community. Enjoy cozy evenings by the wood-burning fireplace and year-round comfort with a newer furnace already in place. As a desirable unit, this home has a generously sized yard and an inviting courtyard perfect for morning coffee, gardening, or entertaining. The community amenities elevate the lifestyle with access to a public golf course, pool, weight room, library, and meeting room-creating endless opportunities for recreation, relaxation, and connection. Conveniently located close to shopping, dining, and everyday essentials. This home blends comfort, charm, and convenience in one amazing package! King City, a place where neighbors become family.

Market Insights

Below nearby median-15%

$315/sqft vs a nearby median of $369/sqft.

Nearby median$369/sqft
Nearby properties2
Property size1,236 sqft
  • -15% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,236 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$449k$416k$482k · 66% confidence
vs ask $390k−$59k (−15.1%)

Asking price is about 15.1% below the fair value — likely to draw competing offers if it's still on market.

$369/sqft median across 2 tight comps × 1,236 sqft= $456k
  • Mid-century building era−$7k −1.5%
Cumulative NYC adjustments−$7k−1.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-15% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
5 days
Last price change
No change recorded
Listed
May 8, 2026
Photos
40 photos
Property type
townhomes
Status
for sale

Photos

Price History

May 8, 2026Initial record
$389,900for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.