SOLD: A Luxurious Condo in Portland's Pearl District - 311 NW 12th Ave #805

If you’re a fan of urban living with a dash of luxury, then you’ll appreciate the recent sale of a stunning 2-bedroom, 2-bathroom corner unit at 311 NW 12th Ave #805 in Portland, Oregon’s vibrant Pearl District. This condo was a true gem in one of the Pearl District’s premier condo buildings, The Casey. Let’s take a closer look at the features of this home and some interesting statistics about the real estate market in this sought-after area.

The Casey: A Premier Address in the Pearl District

The Casey is known for its luxurious amenities and prime location, and this condo was no exception. Offering panoramic North and West facing views of the city, sunsets, and the West Hills, it provided an incredible backdrop to daily life. The condo was flooded with natural light, thanks to its floor-to-ceiling windows, creating a space that felt both open and inviting.

One of the standout features of this home was its 28-foot long covered balcony, perfect for enjoying the views and fresh air. The kitchen was a culinary dream, equipped with top-of-the-line Miele, Sub-Zero, and Wolf appliances, an integrated dishwasher and refrigerator, a spacious island with a breakfast bar, and sleek quartz countertops. The open floor plan, gas fireplace, and hardwood floors added to the inviting atmosphere.

The primary bedroom was a retreat on its own, complete with an en suite bathroom featuring a separate tub and shower, as well as a spacious walk-in closet. The second bedroom was versatile, featuring a convenient Murphy bed and another walk-in closet. As a bonus, the new owners will enjoy a 13’x10′ storage unit and two parking spots.

Living in The Casey also means enjoying the benefits of a 24-hour concierge service and the prestigious LEED Platinum designation. Plus, the location iss unbeatable, with Whole Foods, Powell’s bookstore, shopping, restaurants, cafés, and all the attractions of the Pearl District right at your doorstep. This is reflected in the condo’s impressive 100 Walk Score and 96 Bike Score.

Market Statistics Tell a Compelling Story

Beyond the luxurious details of this condo, there are some interesting statistics that highlight our success with this listing:

1. Faster than Average Sale: The average total days on the market for condos in the 97209 zip code in this price range is 167. This condo landed right in that vicinity, but we beat the average with a sale in 153 days.
2. Above Average Price/Sqft: This condo sold for $61 per square foot over the average price of condos in the same price range ($800k – $1.1m in 97209 in the last few months), showing the effectiveness of our marketing.
3. Slower Pearl District Market: While there have been 7 condos sold in this price range in the last three months, there are currently 23 active condos in the same price range and location, indicating that the Pearl District condo market is moving quite a bit slower – at least at that price point – than the average Portland metro market time of 41 days on the market.

In Conclusion

The sale of this fine condo at 311 NW 12th Ave #805 in Portland’s Pearl District is a testament to the desirability of urban living in this vibrant neighborhood. With its premium location, luxurious amenities, and quick sale, it’s clear that this condo was a special find in a competitive market.

Whether you’re a buyer or a seller, the Pearl District in Portland, Oregon, continues to be a wonderful place to live for those seeking the best of city living with access to nature nearby as well. If you’re in the market for a condo you can search listings here. If you are thinking of selling and are hoping for a result similar to the one we provide our client, please check out our selling page on our website, or better yet, contact us today to chat directly about how we can help you buy or sell real estate in Portland!