THE HISTORY
The legacy of Portland’s historic Laurelhurst neighborhood began in 1850, when Congress passed the Donation Land Claim. This statute encouraged European immigrants to migrate west, providing a powerful incentive which granted eligible populations ownership of up to 640 acres of land. More than 7,400+ patents were issued, making it one of the most substantial public land sale policies in national history. Portland’s historic Laurelhurst neighborhood evolved as a direct result of this legislative initiative and was officially founded in 1909.
THE MARKET
One-hundred and ten years later, Laurelhurst is one of the most enviable and established neighborhoods in Portland. Of the approximately 4,600 Portlanders who reside in the area, more than 80% own their homes. Representing one of the highest percentages of home-ownership for any district city-wide, Portland’s historic Laurelhurst neighborhood is a consistently competitive market. Portland Monthly projects homes in this area sell for an average of $654,275 and last only 26 days on the market.
WHAT WE LOVE ABOUT LAURELHURST
Exploring the tight-knit community will reveal an eclectic collection of architectural styles, meticulous gardens and dreamy public parks. The winding, tree-lined trees of Laurelhurst showcase a collection of homes impressive for both their stature and architectural styles. Here, you’ll find stately mansions, vintage Tudors and historic bungalows. Earning a Walk Score of 79, Laurelhurst provides easy access to 134 restaurants, bars and cafes.
Dinner: Pambiche, Laurelhurst Market, Restaurant Row
Events: Portland Greek Festival, Christmas on Peacock Lane, 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
Average Home: $$632,224
Roseway
Average Home: $435,826
North Tabor
Average Home: $489,450
Sabin
Average Home: $601,490
About Us:
Over the course of their professional partnership, Aryne + Dulcinea have helped over 200 clients prosper in their new lives. During this time, they have prided themselves in 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 your real estate goals.