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#214046764, Marisa Swenson, Listing office: Modern Homes Collective
$2,000,000 List price
7131 NW Penridge Rd Portland, OR 97229
4 beds
4 full
4,456 sqft
0.7 acres
$449 / sqft
House
Property details
About 7131 NW Penridge Rd
Welcome to 7131 NW Penridge Road, an architectural gem in one of Portland’s most storied neighborhoods.This Northwest Contemporary residence offers a blend of design integrity, privacy, and natural beauty-all just minutes from downtown, hiking, Washington Park, OHSU, Nike, and tech corridor. Sited on a high-elevation 0.7-acre 30,492 sq ft lot with an in-ground pool with diving board and new cover, raised garden beds, and expansive views from every window, the home invites you to experience every season in bloom and evergreen. The sweeping views are endless—you can discover so many special areas to relax, reflect, and entertain. Vaulted ceilings and floor-to-ceiling glass create a seamless indoor-outdoor flow, with a deck off the primary suite and curated landscaping throughout. The exterior was freshly painted in 2024, copper gutters, native trees, and a newly repaved street with updated city water lines. Electrical and plumbing are updated. The gourmet kitchen is equipped with Sub-Zero and Miele appliances, a custom artisan Spanish tile backsplash, dual dishwashers, and a thoughtfully designed island with deep storage drawers and secondary prep sink. All bathrooms have been remodeled, including a spa-inspired hall bath with steam shower and soaking tub. The primary suite includes an en suite bath, custom shelves, customized wardrobe, solar tubes bringing in natural light, and a sliding door to walk out to a large deck with jacuzzi tub to enjoy the evening sunset or morning coffee and sunrise. The main level offers 4 bedrooms and 3 bathrooms across 3,200 sq ft, while the 1,256 sq ft permitted ADU includes its own entrance, parking, kitchen, wine cellar, laundry, and bath, ideal for guests, or income. 572 sq ft garage and new Rachio irrigation. Located within the City of of Portland Urban Services Boundary, this home enjoys significantly lower property taxes—a unique advantage in an area celebrated for its serenity, privacy, and proximity to top-rated schools!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air, Exhaust Fan
Size4,456 sqft
BasementYes
Lot size0.7 Acres
Year built1957
ParkingDriveway
MLS #427902972
Attached garage2 spaces
FireplaceGas Fireplace
ViewCity, Territorial, Trees/Woods
Virtual tour
Summary
- Full Bathrooms: 4
- Appliances: Convection Oven, Cooktop, Disposal, Refrigerator, Range Hood, Water Purifier, Wine Cooler
- Basement: Yes
- Flooring Type: Hardwood
- Interior: Ceiling Fan(s), High Ceilings, High Speed Internet, Intercom System, Laundry, Soaking Tub, Sprinkler
- Fireplace: Gas Fireplace
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Driveway
- View: City, Territorial, Trees/Woods
- Exterior: Covered Patio, Deck, Fence, Free-Standing Hot Tub, Garden, Gas Hookup, Patio, Porch, Private Road, Sprinklers, Water Feature, Yard
- Architectural Style: 1 Story
- Heating: Forced Air
- Cooling: Central Air, Exhaust Fan
- List Price: $2,000,000
- Price/SqFt: $448
- Annual Tax Amount: $15,827
- Tax Year: 2023
- Lot: Gentle Sloping, Level
- Directions: Skyline to Greenleaf Road, turn Left onto Penridge Road, house is on the right hand side.
- Year Built: 1957
- Stories: 2
- Living Area: 4,456 SqFt
- Lot Size: 0.7 Acres
- MLS Number: 427902972
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: eXp Realty, LLC
- Office Phone: (562) 714-2176
- Listing Agent: Jessica Nieto
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/18/2025, 8:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 28, 2017 | Home Sold | $1,150,000 |
| Jun 25, 2002 | Home Sold | $800,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $800,780 | $15,827 |
| 2022 | $777,460 | $15,334 |
| 2021 | $754,820 | $15,334 |
| 2020 | $732,840 | $14,580 |
| 2018 | $670,590 | $12,459 |
| 2017 | $651,060 | $12,042 |
History based on county public records data.
Nearby schools
9
West Tualatin View Elementary School
Public District KG-5
1.1 mi
•8800 SW Leahy Rd
10
Cedar Mill Elementary School
Public District KG-5
1.6 mi
•10265 NW Cornell Rd
9
Forest Park Elementary School
Public District KG-5
1.8 mi
•9935 NW Durrett St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $181,742. Residents of Portland, OR typically earn between $100k-200k each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
4%
<35k
11%
35k-100k
44%
100k-200k
41%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
28%
Single, No Kids
4%
Single, with Kids
46%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
8%
12-17 yrs old
9%
18-34 yrs old
55%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
Men's Tennis- Tennis
Where do the neighbors shop?
Nordstrom
Bloomingdales
Brooks Brothers
Where do the neighbors go to eat?
California Pizza Kitchen
Bonefish Grill
Qdoba
What do the neighbors drive?
BMW
Lexus
Acura
What do the neighbors listen to?
Talk/Personality
News
Sports
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7131 NW Penridge Rd
The listing price of 7131 NW Penridge Rd property is $2,000,000.
The property 7131 NW Penridge Rd is a house located in Portland, Oregon, 97229.
Active Listing: 7131 NW Penridge Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7131 NW Penridge Rd are: West Tualatin View Elementary School (GreatSchools Rating 9/10), Cedar Mill Elementary School (GreatSchools Rating 10/10), Forest Park Elementary School (GreatSchools Rating 9/10), West Sylvan Middle School (GreatSchools Rating 6/10), Cedar Park Middle School (GreatSchools Rating 6/10), Hope Chinese Charter School (GreatSchools Rating 10/10), Metropolitan Learning Center (GreatSchools Rating 7/10), Lincoln High School (GreatSchools Rating 7/10), Arts and Communication Magnet Academy (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $15,827 (source: MLS/based on county public records data).
The last sale was on April 28, 2017 for $1,150,000 (source: MLS/tax record).
The property at 7131 NW Penridge Rd has 4 bedrooms and 4 bathrooms.
The property 7131 NW Penridge Rd is 4,456 SqFt (source: MLS/tax record).
The year of construction for 7131 NW Penridge Rd is 1957.
This home is located at 7131 NW Penridge Rd in Portland, OR and zip code 97229 in the Forest Park neighborhood. This 4,456 square foot home, which was built in 1957, sits on a 0.70 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $2,000,000.
While more than 355 listings in Portland, OR in June 2025 were sold above asking price, there were more than 190 listings sold at asking price, and more than 352 were sold below. In June 2025 in Portland, OR there were 4.6% more homes for sale than in May. While the average time on the market in June 2025 was 39 days, the median list price was $551,126.
From Rocket Homes Real Estate and based on county public records data.