Tag: Laurelhurst neighborhood destinations

Curb Appeal Vol. 9: Portland’s Historic Laurelhurst Neighborhood

Posted on by Aryne + Dulcinea

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

Irvington

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.

Curb Appeal Vol. 3: Portland Neighborhood Spotlight – Laurelhurst

Posted on by Aryne + Dulcinea

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

 

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.