4.99 FIXED INTEREST RATE WITH BUILDER-PAID BUYDWN (subject to market and eligibility). LAST HOME AVAILABLE! Fantastic Live/Rent option or rent both units! This exquisite brand new home with warranties features 3 bedrooms and 2 1/2 baths in the primary home, plus an additional 2 bedrooms, full bath, and full kitchen in a lower-level ADU with a separate entrance. Quality construction, sensible design, and stunning finishes set this home above the rest! This home is flooded with natural light and showcases high-end finishes and modern amenities throughout. Enjoy an entertainer’s kitchen with elegant quartz countertops. The spacious primary bedroom boasts a walk-in closet and a stylish en-suite bath. Consider the possibilities of the ADU… nearly identical ADU's nearby rent for $1800 and $2000/month. Renting the ADU for $1,800 per month could reduce the monthly cash-outflow for your mortgage to less than $2,000, excluding insurance and property taxes (e.g. Estimate based on 20 percnt down and obtaining a net mortgage rate of 4.99 with the Sellers 1 point offer). Owner will also be able to deduct depreciation, maintenance, taxes and insurance costs associated with the ADU (e.g. Please see your Accountant or Tax Expert for specific information). Or you could utilize the space for multigenerational living or as a work-from-home option. Explore the neighborhood and try some of the many outstanding dining and shopping options at your fingertips. Energy efficient? Yes! Home Energy Score is a perfect 10!
HOLTE available on this property offering huge tax savings through a 10 year property tax abatement for an eligible buyer! Welcome to your dream home in a phenomenal location with a 92 BikeScore, just steps away from coffee shops, groceries, and more. This impeccably designed home captivates from the moment you enter. The kitchen is a chef's delight with warm cabinetry, intricate tilework, built-in features, and sparkling stainless steel appliances. The open concept floor plan seamlessly connects the kitchen to the dining and living areas, showcasing additional storage, a designer accent wall with built-ins, and ambient accent lighting. The lower level boasts a guest bath adorned in moody colors and exquisite tilework. Upstairs, the primary suite and spacious secondary bedroom feature perimeter lighting and are flooded with natural light through expansive windows and lofty ceilings. Outside, your private fenced yard with a patio invites relaxation and outdoor enjoyment. Located near Reed College and less than a mile from the popular Woodstock neighborhood, this home offers the perfect blend of modern luxury and convenience. Don't miss the opportunity to make this your own oasis in the heart of a vibrant community. Quality builder provides extended 2-10 warranty with sale! List price is for buyers eligible for Portland Housing Bureau's System Development Charge Exemption (SDC), an initiative promoting affordable housing across the City of Portland. [Home Energy Score = 10. HES Report at https://us.greenbuildingregistry.com/green-homes/OR10239270]

Portland is located in Oregon. Portland, Oregon 97202has a population of 647,176. Portland 97202 is less family-centric than the surrounding county with 29.49% of the households containing married families with children. The county average for households married with children is 31.66%.
The median household income in Portland, Oregon 97202 is $78,476. The median household income for the surrounding county is $76,290 compared to the national median of $69,021. The median age of people living in Portland 97202 is 37.9 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 36.4 degrees. The average rainfall is approximately 42.8 inches per year, with 2.6 inches of snow per year.