RealtyLens
for saleRealtyLens property overview
$1,195,000

2323 NW Pinnacle Dr

Portland, OR, 97229
View more Portland, OR property pages
4Beds
3.5Baths
4,043Sqft
$296$/sqft

Listing Notes

A rare opportunity in Portland's coveted Forest Heights neighborhood, this exceptional custom home sits on one of the area's premier lots, offering panoramic views and a peaceful backdrop of protected wooded greenspace. Designed for both everyday comfort and effortless entertaining, the home features a wraparound porch that seamlessly blends indoor and outdoor living while creating a private retreat surrounded by nature. Thoughtfully crafted with high-end architecture and timeless design, the layout provides ideal functionality for all ages, including close proximity between the primary suite and secondary bedrooms, along with excellent separation for additional bedrooms and gathering spaces. Expansive windows fill the home with abundant natural light, while extensive storage throughout, including a lower-level shop, adds flexibility and convenience. Recent improvements include updated HVAC, refreshed landscaping, deck staining, painting, and more. Multiple outdoor living areas include a side lawn and a beautifully designed patio overlooking the serene greenspace, creating the perfect setting for relaxation, play, or entertaining. [Home Energy Score = 1. HES Report

Market Insights

Below nearby median-6.6%

$296/sqft vs a nearby median of $317/sqft.

Nearby median$317/sqft
Nearby properties12
Property size4,043 sqft
  • -6.6% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 4,043 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.26M$1.18M$1.34M · 77% confidence
vs ask $1.20M−$64k (−5.4%)

Asking price is about 5.4% below the fair value — likely to draw competing offers if it's still on market.

$316/sqft median across 11 tight comps × 4,043 sqft= $1.28M
  • Sparse street life−$19k −1.5%
Cumulative NYC adjustments−$19k−1.5%

Property Read

FreshnessVerification recommended

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

Market Position-6.6% 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 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
Aug 8, 2016 · $952,500
Garage
3 spaces

Features & Amenities

Central AirOutdoor SpaceDishwasherFireplaceForced AirHardwood FloorsViewTwo Or More StoriesGarage 1 Or MoreGarage 2 Or MoreGarage 3 Or MoreWrap Around PorchViewsPorchPatioGroundscare

Photos

Price History

May 8, 2026Initial record
$1,195,000for 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.