Set on an incredibly rare eight private acres in Portland’s prestigious Southwest Hills, the historic Merlo Estate offers a once-in-a-generation opportunity to experience timeless Pacific Northwest elegance in a breathtaking vineyard setting designed for unforgettable entertaining. Built in 1939, this stately residence was home to influential Portlanders whose business, civic, and philanthropic legacies helped shape the city.Set behind a gated entrance in unincorporated Multnomah County, the estate blends classic architectural character with the natural beauty of the surrounding landscape. Expansive grounds showcase sweeping vineyard views, including three acres of private vineyards, along with resort-style amenities such as a saltwater pool with adjacent hot tub and fully equipped outdoor kitchen, a lighted tennis court, and bocce ball court, perfect for gatherings large and small.The home’s architecture reflects a refined yet grounded aesthetic, with a stucco exterior, copper accents, painted shutters, and a striking arched entryway. Inside, warmth and craftsmanship define the spaces, featuring custom millwork designed specifically for the Merlo family, generous room sizes, and abundant natural light.Large formal living and dining spaces capture incredible views of the pool and vineyards, creating an elegant setting for entertaining. Just off the kitchen, a spacious sitting room with floor-to-ceiling windows brings the outdoors in and offers a bright, inviting place to gather.Designed for both everyday living and entertaining, the main floor living room opens seamlessly to an expansive patio, offering stunning views, an idyllic backdrop for hosting and relaxation alike. The primary suite is a true retreat, complete with a fireplace and dual bathrooms, offering both comfort and privacy.The lower level enhances the home’s resort-like feel with a sauna, hot tub and wine storage while a 3 car attached garage and 1070 sq ft outbuilding offer flexibility for events
Active
$4,500,000
2732 SW Scholls Ferry Rd, Portland, OR 97221
6beds
9,816sqft
Est.:
Residential, Single Family Residence
Built in 1939
8.05 Acres Lot
$-- Zestimate®
$458/sqft
$-- HOA
What's special
Hot tubStunning viewsBreathtaking vineyard settingSweeping vineyard viewsEight private acresDual bathroomsWine storage
- 5 days |
- 921 |
- 50 |
Zillow last checked:
Listing updated:
Listed by:
Andrew Pienovi 503-913-1200,
Christie's International Real Estate Evergreen,
Brian Pienovi 503-577-5858,
Christie's International Real Estate Evergreen
Source: RMLS (OR),MLS#: 127297969
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 11
- Full bathrooms: 7
- Partial bathrooms: 4
- Main level bathrooms: 3
Rooms
- Room types: Den, Bedroom 4, Sun Room, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Upper
- Area: 520
- Dimensions: 20 x 26
Bedroom 2
- Level: Upper
- Area: 420
- Dimensions: 21 x 20
Bedroom 3
- Level: Upper
- Area: 238
- Dimensions: 17 x 14
Bedroom 4
- Level: Upper
- Area: 160
- Dimensions: 16 x 10
Dining room
- Level: Main
- Area: 315
- Dimensions: 21 x 15
Family room
- Level: Main
- Area: 182
- Dimensions: 13 x 14
Kitchen
- Level: Main
- Area: 342
- Width: 18
Living room
- Level: Main
- Area: 616
- Dimensions: 22 x 28
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Appliance Garage, Double Oven, Free-Standing Refrigerator, Gas Appliances, Electric Water Heater
- Laundry: Laundry Room
Features
- Floor 4th, High Ceilings, Marble, Soaking Tub, Cook Island, Kitchen Island, Tile
- Flooring: Hardwood, Tile, Wall to Wall Carpet
- Basement: Finished
- Number of fireplaces: 4
- Fireplace features: Wood Burning
Interior area
- Total structure area: 9,816
- Total interior livable area: 9,816 sqft
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Property
Parking
- Total spaces: 5
- Parking features: Driveway, Parking Pad, Garage Door Opener, Attached, Detached
- Attached garage spaces: 5
- Has uncovered spaces: Yes
Features
- Stories: 4
- Patio & porch: Covered Patio, Deck, Patio, Porch
- Exterior features: Built-in Barbecue, Fire Pit, Garden, Tennis Court(s), Water Feature, Yard
- Has private pool: Yes
- Has spa: Yes
- Spa features: Builtin Hot Tub
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 8.05 Acres
- Features: Gated, Level, Private, Trees, Sprinkler, Acres 7 to 10
Details
- Additional structures: Outbuilding, Workshop
- Additional parcels included: R113722,R327378
- Parcel number: R113717
- Zoning: RS
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Residential, Single Family Residence
Materials
- Stucco
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1939
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public, Well
Community & HOA
Community
- Security: Security Gate, Security Lights
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $458/sqft
- Tax assessed value: $2,969,840
- Annual tax amount: $60,391
- Date on market: 4/16/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Listed for sale | $4,500,000+399.3%$458/sqft |
Source:  RMLS (OR) #127297969 Report a problem | ||
| 1/1/1996 | Sold | $901,219$92/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $40,434 +1.3% | $2,119,650 +3% |
| 2024 | $39,930 +5.2% | $2,057,920 +3% |
| 2023 | $37,947 +3.7% | $1,997,990 +3% |
| 2022 | $36,601 -1.2% | $1,939,800 +3% |
| 2021 | $37,042 +10% | $1,883,310 +3% |
| 2020 | $33,671 +1.7% | $1,828,460 +3% |
| 2019 | $33,120 | $1,775,210 +3% |
| 2018 | $33,120 +0.7% | $1,723,510 +3% |
| 2017 | $32,904 +21% | $1,673,320 +3% |
| 2016 | $27,185 | $1,624,590 +3% |
| 2015 | $27,185 +3.2% | $1,577,280 +3% |
| 2014 | $26,341 +17.6% | $1,531,340 +3% |
| 2013 | $22,392 +13.8% | $1,486,740 +3% |
| 2012 | $19,679 +0.2% | $1,443,440 +3% |
| 2011 | $19,645 -5% | $1,401,400 +3% |
| 2010 | $20,679 +0.7% | $1,360,590 +3% |
| 2009 | $20,538 +4.6% | $1,320,970 +3% |
| 2008 | $19,637 +2.4% | $1,282,500 +3% |
| 2007 | $19,175 +15.1% | $1,245,150 +3% |
| 2006 | $16,664 +6.5% | $1,208,890 +3% |
| 2005 | $15,643 -11.3% | $1,173,680 +3% |
| 2004 | $17,637 +2% | $1,139,500 +3% |
| 2003 | $17,293 +3.4% | $1,106,320 +3% |
| 2002 | $16,727 +11% | $1,074,100 +6.1% |
| 2000 | $15,064 | $1,012,450 |
Find assessor info on the county website
Monthly payment
Est. payment
$26,806/mo
Principal & interest
$23206
Property taxes
$3600
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Climate risks
Neighborhood: 97221
Nearby schools
GreatSchools rating
- 9/10Bridlemile Elementary SchoolGrades: K-5Distance: 1 mi
- 6/10Gray Middle SchoolGrades: 6-8Distance: 2.2 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Bridlemile
- Middle: Robert Gray
- High: Ida B Wells
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Portland
- 97221
- 2732 SW Scholls Ferry Rd
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