
Courtesy of Kaer Property Group

Photograph 1 of 48
$1,600,000
A Laurelhurst landmark, reborn for a modern lifestyle - complete with a permitted guest house boasting a 5-star, 5+ year track record as a top-performing short-term rental. This five-bedroom, four-bath dwelling was the subject of an uncompromising restoration by a master craftsman who knew it as his childhood home - a labor of love measured in detail and design excellence. For materials, beauty follows function at every turn: all new hand-stained aluminum clad double-paned windows, real wood trim (no MDF!), solid-core knotty alder doors, soapstone kitchen counters, Carrara marble surfaces, heated bathroom floors and vaulted cedar tongue-and-groove ceilings in both houses. Consider the methods: taken to the studs inside and out, fully insulated between rooms for climate & sound, seismically reinforced to the foundation, and rebuilt with new plumbing, electrical, furnace, & central air. All with the quiet flourishes, such as the original fireplace tile crafted by a celebrated local artist, bridging the home's storied past to its boundless future. Beyond the main residence, the permitted 2008-built guest house lives like a private treehouse retreat: a two-bedroom, one-bath open-concept with a full kitchen, vaulted cedar ceilings, skylights, a hot tub, fire pit, and hammock - a small-scale masterpiece with a loyal roster of repeat guests offering turnkey income potential. A separate studio off the garage provides a work from home dream. All of it rests on one of Portland's most desired streets, where mature trees, gilded landmarks and timeless architecture set a standard to which the rest of the city continues to aspire. Restorations of this caliber – meticulous in design, generous in amenities, rich in history - rarely come to market in Laurelhurst. Come see what a lifetime of care looks like and find yourself at home. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10245893]
4005 NE Hassalo St, Portland, OR 97232

$9,591 /mo
Estimate only, and not an offer of credit. Assumes 20% down ($320,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

Courtesy of Kaer Property Group
Courtesy of Premiere Property Group, LLC

Courtesy of Renaissance Development Corp.

Courtesy of The Agency Portland

Courtesy of John L. Scott

Courtesy of Premiere Property Group, LLC

Courtesy of Engel & Volkers Portland Rose City

Courtesy of Where, Inc

Courtesy of John L. Scott

Courtesy of Keller Williams Realty Professionals

Courtesy of ELEETE Real Estate
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