RealtyLens
for saleRealtyLens property overview
$1,285,000

3127 NE Mason St

Portland, OR, 97211
View more Portland, OR property pages
4Beds
3Baths
2,950Sqft
$436$/sqft

Listing Notes

This Craftsman bungalow sits perfectly perched on one of Alameda's most beloved stretches of Mason Street. A stunning pergola and graceful arched gable lead to a front porch made for quiet mornings and enjoying the exquisite English cottage garden. While this home may look unassuming from the street, prepare for the unexpected! Reilly Signature Homes gave this home a new lift in 2012 with a thoughtful renovation from the ground up that retained all of the vintage features and quality you would expect, along with the luxury and well-appointed spaces you crave. The result is one of the most livable floor plans stretching over 2,000 square feet on the main level alone, including a rare main-level primary suite. The main level features two distinct living spaces grounded by beautifully refinished oak hardwoods and abundant natural light. The chef's kitchen centered around a honed granite island is perfect for entertaining and includes Schoolhouse lighting, premium appliances and abundant storage. Privately positioned at the north end, the primary suite offers vaulted ceilings, a walk-in closet, and a stunning double vanity bathroom with a walk-in shower. Two additional main-level bedrooms adapt seamlessly to your needs and lifestyle. The lower level features a generous family room, a fourth bedroom, a third full bathroom, and a dedicated laundry. The backyard is a lovingly cultivated private oasis with beautiful plants, a heated greenhouse, and an easy-care turf backyard. The location is simply unbeatable - blocks from the vibrant Alberta Arts District, Fremont Street, Wilshire Park, and the highly sought-after Grant High School. Fantastic community feel in the heart of Alameda. This house will surprise and delight you! [Home Energy Score = 2. HES Report

Market Insights

Above nearby median+37%

$436/sqft vs a nearby median of $319/sqft.

Nearby median$319/sqft
Nearby properties4
Property size2,950 sqft
  • +37% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,950 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$950k$865k$1.04M · 50% confidence
vs ask $1.28M+$335k (+26.1%)

Asking price is about 26.1% above where comps + adjustments land — there is room to negotiate.

$319/sqft median across 4 tight comps × 2,950 sqft= $941k
  • Pre-war character+$24k +2.5%
  • Sparse street life−$14k −1.5%
Cumulative NYC adjustments+$9k+1.0%

Property Read

FreshnessCurrent market data

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

Market Position+37% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

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

Diligence Read1 item 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 7, 2026
Photos
49 photos
Property type
single family
Status
for sale
Last sold
Mar 25, 2022 · $1,273,800

Features & Amenities

Central AirOutdoor SpaceDishwasherFireplaceForced AirHardwood FloorsTwo Or More StoriesVaulted CeilingFloor PlanFront PorchGreenhouseChefs KitchenWalk In ClosetPorchDenFamily RoomVaulted Ceilings

Photos

Price History

May 8, 2026Initial record
$1,285,000for 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.