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431 SW Colony Dr
Listing Notes
Open House Sat 5/9 & Sun 5/10 1-3pm. Located within an established community, this extensively updated home offers exceptional flexibility, generous living spaces, and meaningful capital improvements-alongside access to neighborhood amenities including a community pool, tennis court, and miles of trails at nearby Tryon Creek State Park. Vaulted ceilings and expansive windows fill the interior with natural light while maintaining a warm, comfortable feel throughout. A main-level bedroom and full bath provide an ideal setup for guests or multi-generational living, while the oversized primary suite upstairs functions as a private retreat with an adjoining flex space suited for a nursery, office, sitting room, or dressing area. The fully finished lower level expands the home's versatility with two additional bedrooms, a full bath, gym space, and a large bonus room designed for media, recreation, or play. Extensive system and exterior updates provide long-term peace of mind, including new Milgard windows and skylights, high-efficiency tankless water heater, a new gas furnace, basement waterproofing and below-grade drainage system, insulation upgrades, roofing and siding improvements, full exterior paint, and more. Interior improvements include removal of the sunken living room, a redesigned fireplace, remodeled bathrooms, new interior doors, and fresh paint throughout. The kitchen and primary bath present an ideal opportunity for customization to individual taste. Experience confidence and comfort in a home defined by thoughtful updates, adaptable living spaces, and a location that balances privacy with everyday convenience-minutes from parks, Lewis & Clark College, downtown Portland, and more.
Market Insights
$254/sqft vs a nearby median of $316/sqft.
- -20% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,736 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 24.3% below the fair value — likely to draw competing offers if it's still on market.
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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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
- 4 days
- Last price change
- No change recorded
- Listed
- May 8, 2026
- Photos
- 42 photos
- Property type
- single family
- Status
- for sale
- Last sold
- Feb 17, 2016 · $455,000
- Garage
- 2 spaces