Blog First time home buyer Just Listed: Stunning Wilshire Cottage

Just Listed: Stunning Wilshire Cottage

By Jim Arnal, April 24, 2020

4524 NE Prescott St.

Portland, OR 97218

Built in 1943, this gorgeous cottage sits on a rare oversized lot just a couple blocks to NE 42nd shops. As you approach the home, you are greeted by a quaint front porch, manicured grounds, and the signature blue front door. Entering the main floor immediately highlights the period finishes including oak hardwoods, a wood burning fireplace and the original millwork. An open living room with an abundance of light leads to the dining room which is bookended on the west end of the home by the kitchen. Classic 50’s era cabinetry surrounds a picture perfect sink window with a clear perspective of the front yard and surrounding homes. Rounding out the main floor are two bedrooms and a full bathroom which, along with the formal spaces, total over 800 square feet. The second floor includes nearly 300 square feet and features new carpeting, bright colors and an abundance of space to serve as a master bedroom, guest quarters or a great place to unwind.

In addition to the above grade living areas there is an amazing basement with a conforming stairwell, great head height, and over 800 square feet of space. The next stewards have numerous options for adding a bedroom, bathroom, a family room or just embracing the squeaky clean basement as it stands today. With new exterior paint, a newer composition shingle roof, and an attached garage, this home provides the next owners with highly functional interior spaces complemented by an amazing, oversized lot. Ideal for the urban farmer or anyone looking for more outdoor space, this property has a backyard that is twice as deep as most northeast Portland properties. Located in one of Portland’s most cherished communities this 40’s era cottage, and the incredible lot it sits upon, comprise a Wilshire address you won’t want to miss.

OFFERED AT $420,000


3 BEDROOM | 1 BATH | 1,122 SQFT

Jim Arnal

Principal Broker | Earth Advantage | OR

I grew up in a small college town in California where the backdrop was 1920’s bungalows, single level ranches and the San Gabriel Mountains. As a young boy I was an avid fort-builder and found myself drawn to architecture early. I can remember my mom dragging me through open houses in between soccer games on the weekend and watching my father tackle almost every home remodeling project under the sun. While I loved the surf, a love of the outdoors and 90’s grunge rock drew me north for college where I studied design and architecture. Summer and winter holiday trips back home to see my family gave me an excuse to stop in Portland where I would indulge in Montage mud pie and late night coffees at the Rimsky Korsakoffee House. Portland stuck with me and a couple years after college my wife Carrie and I moved here to start our family and my real estate career. Unlike many generational REALTORS®, I started from scratch in 2002. I would spend every day reading up on neighborhood histories, studying market trends and beefing up on my construction knowledge. A couple years prior, I had bought my first home and while my REALTOR® was friendly, I was surprised that their level of service had considerable room for improvement. From the beginning of my real estate career I have always been with my clients at every stage of the process with an unwavering attention to detail, deep rooted understanding of contract negotiations and Portland home construction. Soon my practice was almost exclusively referral based as the support of past clients helped me grow to be one of the top agents in my company. While accolades and awards have never served as motivation, I have always appreciated recognition by my peers and clients. Since 2005 I have been a Diamond-Platinum member of the Master’s Circle and in 2019 I was the Top Producer at Living Room Realty and one of less than 100 REALTORS® in the Portland metro awarded the Portland Monthly Five Star award for nine straight years. Accolades aside, my goal of improving my trade has never wavered. I received my developer’s license in 2013 and my contractor’s license three years later, not as capitalistic endeavors but with the goal of enriching the counsel I could give my clients. What was initially an academic endeavor to bolster my construction knowledge turned into a variety of projects for my clients ranging from the construction of new homes and ADUs, to the design of new kitchens and bathrooms and even the occasional restoration of a historic property. Today when I show my clients homes, I can point out the implications of 2x6 dimensional lumber in a third story attic, how to reconstruct a basement stairwell to be code compliant or why all parge coats aren’t created equal. When I am not picking a house apart for my clients, you can find me on the side of a soccer field cheering on one of my three children, with my wife in a ‘62 Grumman canoe on the Puget Sound or like my father, tackling remodeling projects at the hip roofed colonial I call home today.
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  • T: 503-351-3000

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