tomo logo

$3,750,000

Beds
5
Baths
4.5
sq ft
6,757

29229 SW Petes Mountain Rd, West Linn, OR 97068

29229 SW Petes Mountain Rd

West Linn, OR 97068

  • 201 days on market
    • Price drop $200,000↓
Situated at the end of a private, gated drive atop sweeping lawns and gazing out at picturesque acreage, this magnificent 'modern lodge' is a singular example of stunning contemporary craftsmanship and style in one of Oregon's most arcadian settings. Offering a full remodel by Green Gables and interiors worthy of Architectural Digest, the 25 ft vaulted ceilings, plank wood floors, movie set wraparound decks, and pristine quartz, soapstone, and wood work highlight the expanded, yet inviting, great room layout with designer chef's kitchen featuring dual islands. The main floor primary sanctuary suite is a world all its own with private covered deck, luxurious retreat-style bathroom with soaking pedestal tub, and polished dressing room. Enjoy an impressive executive office and wine cellar, also located on the main level, as well as a 3 car collectors garage + bonus RV garage/workshop. Upstairs you'll find 3 additional bedrooms including guest accommodations and a vast media/flex room with wet bar and projector. Fine finishes, exquisite hardware, and soaring ceilings all exude an ambiance of rural luxury near Oregon's famed wine country and the Portland Metro's key amenities. The detached fitness studio and full guest apartment complete this idyllic estate. Sip the summer away in your built-in spa under the stars, host leisurely dinners on the patio with outdoor kitchen, and enjoy over 1,000sf of patios and decks plus lovely water features and grounds, all in a setting like no other near Oregon Golf Club and Tumwater Vineyard!

Details

Property type

Single Family Residence

Est. home value

$2,818,714

Property condition

Updated/Remodeled

Lot size

7.22 acres

Price per sq ft

$555

Year built

2001

Annual property taxes

$25,901.78

Price History

09/05/2024
PortlandOR

PortlandOR #24163901

Price change
$3,750,000
-5.06%
06/05/2024
PortlandOR

PortlandOR #24163901

Listed
$3,950,000
+23.44%
08/16/2021
PortlandOR

PortlandOR #21622345

Sold
$3,200,000

Schools & Community

Elementary school: 

Boeckman Creek

Middle school: 

Meridian Creek

High school: 

Wilsonville

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

$1,593,747
Asking price
$3,750,000
Closing costs (~8% of asking)
-$300,000
Est. remaining loan balance
-$1,856,253
Cash to seller
$1,593,747

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

August 2021

Original loan amount

$2,000,000

Est. remaining balance

$1,856,253

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Robert Carlton and Meghan Carlton

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?

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Status: Active

Tomo last checked: 12/22/2024 at 10:45 PM

Listing updated: 12/05/2024 at 2:25 AM

Listed by: Kevin Hall, Cascade Hasson Sotheby's International Realty Phone #: (503) 420-8650

MLS: PortlandOR #24163901

PortlandOR logo

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