OPEN HOUSE Sunday 10/26, 1-3:00. MOTIVATED SELLERS! REDUCED PRICE! Stunning NW Contemporary custom home on a 0.3 Acre lot backing to green space. Located on a quiet, dead end road with Valley Views! 4 Bedrooms, 3.5 Baths. 4th Bedroom on Main, adjacent to full bath - perfect for guests! Gorgeous updates through out, including all Bathrooms and a True Chef's Kitchen with Top of the Line appliances, plenty of prep space and step away from Dining Al Fresco on the Deck. Open Floor Plan with High Ceilings. Move-in Ready! PanaVista Community with $64/Year HOA. Excellent Schools including; Forest Park Elementary, West Sylvan Middle School and Lincoln High School. Also Private School options; French International School (starts at age 2.5 years) and Catlin Gable - include bus schedule. Don't miss out! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10235466]
Active
Price cut: $49.5K (10/22)
$899,500
8316 NW Reed Dr, Portland, OR 97229
4beds
4,020sqft
Est.:
Residential, Single Family Residence
Built in 1992
0.3 Acres Lot
$-- Zestimate®
$224/sqft
$4/mo HOA
What's special
Valley viewsHigh ceilingsOpen floor planBacking to green space
- 305 days |
- 631 |
- 42 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: October 21, 2025 at 11:12am
Listed by:
Linda Locker 503-709-5040,
Locker Properties
Source: RMLS (OR),MLS#: 208829627
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 3
- Partial bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Bonus Room, Bedroom 4, Office, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Deck, Double Sinks, Soaking Tub, Suite, Walkin Closet, Walkin Shower
- Level: Upper
- Area: 360
- Dimensions: 18 x 20
Bedroom 2
- Level: Main
- Area: 120
- Dimensions: 10 x 12
Bedroom 3
- Features: Shared Bath, Walkin Closet
- Level: Upper
- Area: 182
- Dimensions: 13 x 14
Bedroom 4
- Features: Shared Bath
- Level: Upper
- Area: 144
- Dimensions: 12 x 12
Dining room
- Features: Fireplace, Hardwood Floors, Wet Bar
- Level: Main
- Area: 255
- Dimensions: 15 x 17
Family room
- Features: Builtin Features
- Level: Main
- Area: 320
- Dimensions: 16 x 20
Kitchen
- Features: Builtin Range, Cook Island, Hardwood Floors, Microwave, Builtin Oven, Convection Oven, Granite
- Level: Main
- Area: 416
- Width: 26
Living room
- Features: Fireplace, Hardwood Floors, High Ceilings
- Level: Main
- Area: 323
- Dimensions: 17 x 19
Office
- Features: Builtin Features, Hardwood Floors
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built-In Range, Convection Oven, Dishwasher, Disposal, Double Oven, Gas Appliances, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Built In Oven, Gas Water Heater
Features
- Central Vacuum, Granite, High Ceilings, Quartz, Soaking Tub, Vaulted Ceiling(s), Shared Bath, Built-in Features, Walk-In Closet(s), Wet Bar, Cook Island, Double Vanity, Suite, Walkin Shower, Kitchen Island
- Flooring: Hardwood, Tile, Wall to Wall Carpet
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Daylight,Partial,Storage Space
- Number of fireplaces: 1
- Fireplace features: Electric
Interior area
- Total structure area: 4,020
- Total interior livable area: 4,020 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Driveway, On Street, Garage Door Opener, Attached, Extra Deep Garage, Oversized
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Main Floor Bedroom Bath, Natural Lighting, Walkin Shower, Accessibility
Features
- Stories: 3
- Patio & porch: Deck
- Exterior features: Yard
- Fencing: Fenced
- Has view: Yes
- View description: Valley
Lot
- Size: 0.3 Acres
- Features: Greenbelt, SqFt 10000 to 14999
Details
- Parcel number: R233320
Construction
Type & style
- Home type: SingleFamily
- Architectural style: NW Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding, Insulation and Ceiling Insulation
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1992
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: Panavista Park
HOA
- Has HOA: Yes
- Amenities included: Commons
- HOA fee: $49 annually
Location
- Region: Portland
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $986,350
- Annual tax amount: $17,698
- Date on market: 2/21/2025
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Price change | $899,500-5.2%$224/sqft |
Source:  RMLS (OR) #208829627 Report a problem | ||
| 9/24/2025 | Price change | $949,000-2.2%$236/sqft |
Source: RMLS (OR) #208829627 Report a problem | ||
| 9/9/2025 | Price change | $970,000-2.5%$241/sqft |
Source: RMLS (OR) #208829627 Report a problem | ||
| 2/21/2025 | Listed for sale | $995,000+91.3%$248/sqft |
Source: RMLS (OR) #208829627 Report a problem | ||
| 4/13/2012 | Sold | $520,000-1.9%$129/sqft |
Source: RMLS (OR) #12695996 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,059 +2% | $792,660 +3% |
| 2024 | $17,699 -0.7% | $769,580 +3% |
| 2023 | $17,823 +3.8% | $747,170 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,302/mo
Principal & interest
$4271
Property taxes
$712
Other costs
$319
Climate risks
Neighborhood: Northwest Heights
Nearby schools
GreatSchools rating
- 9/10Forest Park Elementary SchoolGrades: K-5Distance: 0.7 mi
- 5/10West Sylvan Middle SchoolGrades: 6-8Distance: 2.4 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Forest Park
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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