tomo logo

$5,000,000

Beds
6
Baths
5.0
sq ft
6,078

11492 Cook Underwood Rd, Underwood, WA 98651

11492 Cook Underwood Rd

Underwood, WA 98651

  • 217 days on market
Welcome to The Arc at Underwood Point, the epitome of luxury living in the heart of the Columbia Gorge National Scenic Area! Perched atop an 800-foot cliff just a few hundred yards from the Underwood viewpoint, this architectural masterpiece is without question the most spectacular home in the Columbia Gorge and one of the most iconic view homes in the entire Pacific Northwest. No expense was spared in the creation of this one-of-a-kind curved structure, with walls of glass inviting unobstructed 270-degree panoramic Gorge and Mt. Hood views into every room. Exotic custom finishes create an atmosphere of unparalleled luxury, including Peruvian olive wood floors, African ribboned mahogany cabinetry, and Venetian plaster walls. This expansive and private 3-acre estate is elevated by a sprawling Japanese garden custom-designed by renowned Portland Japanese Garden curator Toru Tanaka. Three major water features surround the house, including a cascading stream and pond. Enjoy two levels of outdoor living spaces, along with a clifftop hot tub and outdoor shower with endless views. With 6 beds and 6 baths, including separate guest quarters, this residence offers ample space for family and friends to gather and unwind. Surrounded by the verdant vineyards of the burgeoning Underwood wine scene, this serene retreat is within walking distance of two wine tasting rooms, with four more just a few minutes' drive away. This is a one-of-kind home that could not be reproduced for this price. There is nothing else like being in this home through the seasons of the Gorge.

Details

Property type

Single Family Residence

Est. home value

$4,371,020

Lot size

3.43 acres

Price per sq ft

$823

Year built

2012

Annual property taxes

$29,853.2

Price History

09/01/2024
PortlandOR

PortlandOR #24475761

Removed
$5,000,000
08/22/2024
PortlandOR

PortlandOR #24475761

Listed
$5,000,000
08/20/2024
PortlandOR

PortlandOR #24475761

Removed
$5,000,000

Schools & Community

Elementary school: 

Whitson

Middle school: 

Henkle

High school: 

Columbia

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$2,281,860
Asking price
$5,000,000
Closing costs (~8% of asking)
-$400,000
Est. remaining loan balance
-$2,318,140
Cash to seller
$2,281,860

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Directors Mortgage Inc

Loan start date

September 2021

Original loan amount

$2,500,000

Est. remaining balance

$2,318,140

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Craig S Hamilton and Claire Andrea Hamilton

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

PortlandOR
$4,699,999
4 bd
|
3 ba
|
3,000 sq ft
|
House

162 Bylin Rd, Stevenson, WA 98648

Status: Active

Tomo last checked: 12/25/2024 at 6:15 AM

Listing updated: 11/15/2024 at 6:16 PM

Listed by: Bill Irving, Copper West Real Estate Phone #: (541) 386-2330

MLS: PortlandOR #24475761

PortlandOR logo

Recently listed in Underwood

tomo logo
  • © 2024 Tomo Real Estate
  • 1424 11th Ave, Suite 201, Seattle, WA 98122
  • (404) 738-5385

Resources

BlogTomo Mortgage

Disclaimers

mls-logo

The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Tomo Real Estate are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. IDX information 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. This data last updated as of date above. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some of these listings contain enhanced listing information including city, state, zip, and county from sources such as MSA data and USPS. Listing content is Copyright ©2024 RMLS of Portland, Oregon. All Rights Reserved.