Property listing for 3340 SW Fairmount Blvd, Portland, OR 97239
ActiveSingle Family Home

$1,185,000

3340 SW Fairmount Blvd, Portland, OR 97239

Council Crest Midcentury: Sweeping Valley & Coast Range Views

4 Bed · 2.5 Bath · 2,878 Sq Ft

Architectural midcentury with decks, hot tub and dramatic outlooks

4

Beds

2.5

Baths

2,878

Sq Ft

1964

Built

0.24 acres

Lot

Two-car carport with EV charger; driveway spaces

Garage

About 3340 SW Fairmount Blvd

Set above the tree line on the Fairmount boulevard loop, this Council Crest residence is a thoughtful expression of midcentury composition and Pacific Northwest temperament. The main living rooms are oriented to the view — a broad, layered panorama that sweeps across the Willamette valley to the Coast Range — and they open directly onto a generous wraparound deck that transforms indoor gatherings into outdoor ceremonies. A sculptural staircase spirals through a rare two-story atrium at the center of the home, bringing greenery and diffuse daylight into the heart of the plan.

At the home’s core, the kitchen and dining area function as the primary gathering space: granite counters, stainless appliances, thoughtful built-ins, and a layout that supports both weekday cooking and weekend entertaining. A striking fireplace anchors the living area, creating both a visual focal point and an intimate gathering spot for cooler Portland evenings. Original midcentury details coexist with modern finishes in a way that feels curated rather than retrofitted.

The primary suite has been designed as a true retreat — generous proportions, a spa-like bath, a walk-in closet with dressing area, and private access to a deck that holds a hot tub set above the forest canopy. Three additional bedrooms provide flexible options for guests, home office, or studio space. Downstairs/secondary living space (per plan) offers additional possibilities for family living or media use.

Outside, mature trees and a gated front courtyard with water feature announce the house’s composition before you reach the two-car carport (EV charger installed). The sloping lot affords privacy and multiple vantage points for sunrise and evening colors. Located within easy reach of Council Crest Park and neighborhood trails, the setting blends seclusion with practical access to Hillsdale, Multnomah Village services, and downtown Portland.

Home Highlights

Sweeping valley & Coast Range viewsPrimary suite with private deck and hot tubWraparound decks for seamless indoor-outdoor livingMidcentury architectural features and two-story atriumTwo-car carport with EV charger

Property Features

Interior Features

  • 4 bedrooms, 2.5 baths across ~2,878 sq ft
  • Sculptural staircase and two-story atrium
  • Primary suite with spa-like bath, dressing area and walk-in closet
  • Two gas fireplaces
  • Kitchen with granite counters and stainless steel appliances
  • Original built-ins and midcentury detailing

Exterior & Lot

  • Wraparound deck extending living and dining spaces
  • Private deck off primary suite with hot tub above canopy
  • Gated front courtyard with water feature
  • Sloped, wooded lot (~10,454 sq ft / 0.24 ac)
  • Two-car carport with EV charger and driveway parking

Location & Neighborhood

  • Council Crest / SW Hills setting
  • Short walk to Council Crest Park and neighborhood trails
  • Easy access to Hillsdale and Multnomah Village amenities
  • Approximately 3–5 miles to downtown Portland

Walkability & Recreation

  • Walkability Rating: 60/100
  • Close to hiking, ridge-top viewpoints and pocket parks
  • Frequent neighborhood walking routes and access to green spaces

Neighborhood & Location

Council Crest and the Southwest Hills are characterized by mature conifer and deciduous canopy, winding boulevards, and architecturally diverse homes from classic midcentury to contemporary remodels. Residents prize trails, ridge-line parks, and relatively quick drives to downtown while enjoying a quieter, village-like neighborhood rhythm.

Market Insights

Southwest Portland’s hills remain one of the city’s most resilient micro-markets. In 2025–early 2026 inventory has been constrained in desirable pockets like Council Crest, which keeps competition for architecturally interesting, view-bearing properties heated. Median home prices citywide sit well below SW premiums, but homes with provenance, open sightlines and generous outdoor living—like this one—regularly trade at a premium. Buyers in this price band (roughly $1.0M–$1.4M in SW neighborhoods) are selective: they pay for character, site, and turnkey readiness. For sellers, pricing near $1.185M positions the property competitively to capture buyers who value midcentury design and elevated outdoor living; for buyers, the property offers immediate lifestyle utility with selective upgrade opportunities (energy systems, minor interior refresh) to add value. Days-on-market in SW pockets typically run lower than city average; expect active interest from architecturally-minded buyers and downsizers seeking single-level living areas with strong views.

Nearby Schools

Ainsworth Elementary

Elementary · ≈1.2 mi

6/10 (approx.)

West Sylvan Middle School

Middle · ≈1.5 mi

7/10 (approx.)

Lincoln High School

High · ≈2.2 mi

7/10 (approx.)

Walkability & Recreation

60
Walkability
85
Recreation

Immediate access to Council Crest Park and multiple neighborhood trails; excellent for hiking, birdwatching, and scenic ridge-line walks.

Investment Highlights

  • Iconic midcentury architectural features and two-story atrium
  • Primary suite with spa-like bath, walk-in closet, private deck and hot tub
  • Expansive wraparound decks and elevated views of the Willamette valley and Coast Range
  • Two-car carport with EV charger and gated front courtyard with water feature
  • Generous lot (~10,454 sq ft) in a high-demand SW Portland neighborhood

Key Findings

  • List price: $1,185,000 (as of 2026-03-09)
  • Living area: 2,878 sqft; Bedrooms: 4; Baths: 2.5; Year built: 1964
  • Strong view premium and desirable Council Crest location
  • Home Energy Score = 3 (HES report referenced in listing); energy improvements possible
  • Two wraparound decks and private hot tub above treetops are unique selling features

Things to Consider

  • Home Energy Score of 3 indicates opportunity/need for energy upgrades
  • Sloping lot may present maintenance or drainage considerations—verify site drainage and foundation
  • No enclosed garage (carport only) may be a downside for some buyers

Opportunity Analysis

Acquire a distinctive midcentury residence in Council Crest that commands a premium for views and architectural character; upgrade energy systems and selective interiors to realize upside and market quickly in SW Portland’s low-inventory environment.

Potential Use Scenarios

  • Owner-occupier purchase to enjoy immediate lifestyle value; minor cosmetic and energy efficiency upgrades to improve comfort and resale value.
  • Value-add renovation focusing on kitchen/delivery of modern systems (HVAC, insulation) while preserving midcentury character.
  • Price competitively to reflect view premium but allow room for inspection-based negotiation.

Risk Factors

  • Potential cost to bring energy systems to modern standards (HES=3)
  • Topography-related maintenance or retaining wall/drainage issues
  • Market sensitivity to lack of enclosed garage in SW Portland buyer pool

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$1050K

Midpoint

$1188K

High

$1325K

$412/SF estimated price per square foot

65% confidence

Estimate anchored to current list price ($1,185,000) and price/sf provided (412). Range reflects area premiums for South West Hills views and midcentury provenance, plus potential negotiation and condition variables; no live comps search performed.

As of 2026-03-12

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$850,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+400.0%

Demographics

Median Income (1 mi)$120,000

SW Portland, particularly the Southwest Hills and Council Crest area, attracts higher-income households and professionals. Neighborhood shows stable demand for architecturally distinctive homes.

Nearby Points of Interest

  • Council Crest Park (0.5 mi)
  • Downtown Portland (3-5 mi)

Short walk or drive to Council Crest Park and local trails; quick access down to the central westside and downtown via SW neighborhood routes; neighborhood restaurants and services in nearby Hillsdale and Multnomah Village.

School District

DistrictPortland Public Schools
ElementaryAinsworth Elementary (Portland Public Schools) — rating ~6/10 (approx.) — ~1.2 mi
MiddleWest Sylvan Middle School — rating ~7/10 (approx.) — ~1.5 mi
HighLincoln High School — rating ~7/10 (approx.) — ~2.2 mi

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1964
Constructionwood frame (likely) with midcentury detailing
Stories2
HeatingGas (likely wall/forced air and gas fireplaces) - exact system to be verified
CoolingNone explicitly listed (typical for area); portable or mini-splits possible
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.2399 acres (10,454 SF)
Topographysloping
Parkingcarport_and_driveway
Parking Spaces4
FrontageSet along Fairmount Boulevard loop; gated front courtyard

Utilities

WaterPublic Water
SewerPublic Sewer
GasPublic Gas (serves appliances and fireplaces)

Zoning & Land Use

Zoning CodeProbable R5 (Single Dwelling Residential) or comparable SW Hills residential zone
DescriptionTypical single-family residential zoning in SW Portland allowing single dwelling with some accessory structure permissions; verify with City of Portland for exact code and overlay conditions.
JurisdictionCity of Portland

Allowed Uses

Primary single family residenceAccessory dwelling unit (subject to zoning rules and site constraints)Home occupations (limited)
Current Useresidential

Tax & Sale History

Tax Assessment

Sale History

2014-09-03$620,000
1993-09-30$255,000
2026-03-09$1,185,000

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