By Aryne + Dulcinea, May 16, 2018
THE HISTORY:
Portland’s Laurelhurst neighborhood was founded in 1909, but its legacy began in 1850, with Congress’ passage of the Donation Land Claim. This statute provided powerful incentive to migrate to the region, entitling eligible parties to up 640 acres of land. The legislation was one of the most substantial public land sale policies in American history, with over 7,400 patents issued. Modern day Laurelhurst was comprised of two of these plots, which were later purchased by politician and businessman, William S. Ladd. Following his death, the Laurelhurst Company bought the property, with the exception of the 31 acres which would become Laurelhurst Park.
THE MARKET:
Today, Laurelhurst retains its historic charm, serving as a staple in Portland’s residential composition. The area features an eclectic collection of architectural styles and meticulous gardens reminiscent of its namesake, Seattle’s Laurelhurst neighborhood. Over 4,600 Portlanders reside in the area. With 82% of these residents owning their homes, Laurelhurst maintains one the highest percentages of home ownership city-wide. Portland Monthly projects homes in this area will average $654,275 and last only 26 days on the market.
WHAT WE LOVE ABOUT LAURELHURST:
Its central location, expansive properties and deep-rooted sense of community make the Laurelhurst neighborhood one of Portland’s most desirable markets. Each home boasts its own sense of style, featuring vintage Tudors, stately mansions, and historic bungalows. The undulating streets are lined with heritage trees, creating a residential space as an intimate as it is impressive. Earning a Walk Score of 79, Laurelhurst provides easy access to 134 restaurants, bars and cafes.
NEARBY DESTINATIONS:
Dinner: Pambiche, Laurelhurst Market, Restaurant Row,
Events: Portland Greek Festival, Annual Laurelhurst Yard Sale
Activities: Laurelhurst Theater, Laurelthirst Pub,Hollywood Vintage Costume Shop,Music Millennium
Parks: Laurelhurst Park
DEMOGRAPHICS (2010 CENSUS)
Residents: 4,633
Median Age: 43
Under 18 years: 24%
18 to 64 years: 64.4%
65 years and over: 11.6%
COMPARABLE NEIGHBORHOODS:
Irvington, Average Home: $$632,224
Roseway, Average Home: $435,826
North Tabor, Average Home: $489,450
Sabin, Average Home: $601,490
For more insight into neighborhood trends within Northeast Portland, view our comprehensive real estate data set here.
ABOUT US
Portland, Oregon is a quirky, intelligent, and a design oriented city with a love of all things local. And for Aryne + Dulcinea, Portland is home! In 2012, Aryne and Dulcinea saw an opportunity to turn their passion for Portland and living well into an optimal client experience. By joining both their creative and technical talents, they have developed a unique and holistic experience that is rooted in their commitment to service. Aryne + Dulcinea are Earth Advantage Brokers and ADU Certified Specialists and with over 15 years combined experience, take pride in their knowledge of versatile work/live spaces, green building, and high performing homes. Whether you are outgrowing your home, needing to pare down, ready to own more than one property, or just wanting another view out your window — they get it!
Aryne + Dulcinea
Earth Advantage & ADU Specialist Brokers
Click here to get to know Aryne + Dulcinea!
As full-service agents with over 17 years of dynamic experience, Aryne + Dulcinea understand how to navigate the unique challenges facing the Portland real estate market. The secret to their success lies in their complementary skill sets.
In 2012, Aryne + Dulcinea saw an opportunity to combine their creative and technical wisdom to create a values-driven, full-service agency unlike any other. As expert negotiators and project management mavens with strong backgrounds in creative marketing, Aryne + Dulcinea serve as fierce advocates for their clients.
Their passion for real estate relates closely to their commitment to the Portland way of life, which entails a dedication to sustainability and appreciation for all things local. As Earth Advantage Brokers and ADU Certified Specialists, Aryne + Dulcinea are savvy in all aspects of alternative living practices—from versatile housing additions, green building practices, and revenue-generating strategies.
Over the course of their professional partnership, Aryne + Dulcinea have helped nearly 200 clients prosper in their new lives. During this time, they have prided themselves on their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching you real estate goals.
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