RealtyLens
for saleRealtyLens property overview
$950,000

431 SW Colony Dr

Portland, OR, 97219
View more Portland, OR property pages
5Beds
4Baths
3,736Sqft
$254$/sqft

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

Below nearby median-20%

$254/sqft vs a nearby median of $316/sqft.

Nearby median$316/sqft
Nearby properties12
Property size3,736 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

Yardstick fair value$1.18M$1.08M$1.28M · 55% confidence
vs ask $950k−$231k (−24.3%)

Asking price is about 24.3% below the fair value — likely to draw competing offers if it's still on market.

$316/sqft median across 12 tight comps × 3,736 sqft= $1.18M
Cumulative NYC adjustments+$0+0.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-20% 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
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

Features & Amenities

Central AirOutdoor SpaceTennis CourtDishwasherFireplaceForced AirHardwood FloorsOcean ViewRecreation FacilitiesTennis CourtViewWater ViewSwimming PoolTwo Or More StoriesGarage 1 Or MoreGarage 2 Or MoreBasementVaulted Ceiling

Photos

Price History

May 8, 2026Initial record
$950,000for 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.