Shawn Realty 503-515-44994 bd • 5 ba • 5,529 sq ft
8718 NW TERRACEVIEW CT, Portland, OR 97229
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- Bedrooms
- 4
- Total Baths
- 5
- Building Area
- 5,529 sq ft
- Price/Sq Ft
- $542/sq ft
- Year Built
- 2016
- Garage
- 5 spaces · Attached, Extra Deep, Oversized
- County
- Multnomah
- Annual Tax
- $25,882 (2025)
- HOA
- None
- Days on Market
- 273 days
- Open House
- None scheduled
Monthly payment
$21,066 per month
- Principal & interest$18,285
- Property taxes$2,157
- HOA dues$0
- Home insurance$625
- Utilities$0
10% down · 30-year fixed · 7.18% rate · 7.281% APR (est.)
Rate: Freddie Mac weekly average, as of 11/05/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.18% (7.281% APR, estimated). Rate: Freddie Mac weekly average, as of 11/05/2026.
- Down payment: 10% ($299,900) on $2,999,000; loan $2,699,100
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $2,157/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA in RMLS)
- Home insurance: $625/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
THIS IS IT! A rare Contemporary Estate in NW Portland offering privacy, quality, and true versatility. This custom home sits on a private 0.82 acre lot with valley views and quick access to downtown amenities. The flexible floorplan has 4 bedrooms plus an office loft. The three upstairs bedrooms are all full suites with private baths. The bedroom suite on the lower level has its own exterior entry and works well for guests, multigenerational living, or separate living quarters. It can also function as a recreation room and is already plumbed for a wet bar. Chef’s kitchen with high-end stainless appliances, double dishwashers, walk-in pantry, and a large island built for cooking and gathering. Open layout, oversized windows, and high ceilings throughout create excellent light and wall space for art. Quality finishes are at every turn, including designer lighting and fixtures, premium appliances, and heated floors in the primary bath. Don’t want stairs? No problem. This home has an elevator serving all levels. Bonus perks that make this an Entertainer’s Delight include a large capacity custom wine cellar, integrated surround sound, and flat screens inside and out. Outdoor living and entertaining is a breeze with covered decks, multiple patios, an outdoor kitchen with eating bar, plus an in-ground pool and spa. Designed for year-round relaxing and entertaining. Car collectors and hobbyists will appreciate the 5-car capacity garages across two separate levels. (The lower garage is currently set up as a home gym with extra storage). No HOA fees! Quiet, serene setting yet close to everything. This fully dialed home has it all: privacy, function, and proximity. Summer ready with pool and yard. Schedule a private showing today and be prepared to be blown away. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10228763%5D
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Single Family Residence |
| Bedrooms | 4 |
| Total Baths | 5 |
| Full Baths | 4 |
| Partial Baths | 2 |
| Building Area (sq ft) | 5529 |
| Lot Size (acres) | 0.82 |
| Lot Size (sq ft) | 35719 |
| Year Built | 2016 |
| Garage Spaces | 5 |
| County | Multnomah |
| Subdivision | NORTHWEST HEIGHTS |
| Elementary School | Forest Park |
| Middle School | West Sylvan |
| High School | Lincoln |
| Heating | Forced Air 90 |
| Cooling | Central Air |
| Appliances | Builtin Refrigerator, Dishwasher, Disposal, Double Oven, Free Standing Gas Range, Gas Appliances, Island, Microwave, Pantry, Plumbed For Ice Maker, Quartz, Range Hood, Solid Surface Countertop, Stainless Steel Appliance |
| Interior Features | Central Vacuum, Elevator, Garage Door Opener, Heated Tile Floor, High Ceilings, Home Theater, Laundry, Quartz, Separate Living Quarters Apartment Aux Living Unit, Soaking Tub, Sound System, Tile Floor, Wallto Wall Carpet, Washer/Dryer, Wood Floors |
| Exterior Features | Covered Deck, Fenced, Fire Pit, Garden, Gas Hookup, In Ground Pool, Patio, Porch, Raised Beds, Second Garage, Spa, Sprinkler, Yard |
| Basement | Daylight, Finished, Separate Living Quarters Apartment Aux Living Unit |
| Style | Contemporary, Custom Style |
| Roof | Metal |
| Fireplaces | 1 |
| View | Yes |
| Lot Features | Cul de sac, Level, Private |
| Parking | Driveway, Secured |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $25,882 |
| Tax Year | 2025 |
| Original List Price | $3,250,000 |
| RMLS # | 647271083 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Sarita Dua • Keller Williams Sunset Corridor
Contact: 503-522-0090
Listing updated: Nov 9, 2026 at 12:12am
Source: RMLS #647271083 
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 brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
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Shawn Realty