Home News 1917 mansion with unfinished restoration in SW Portland for sale at $1 million

1917 mansion with unfinished restoration in SW Portland for sale at $1 million

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Real estate photos of an architecturally significant mansion for sale in Southwest Portland can either offend or take a chance.

every room lacks something A home with 6,222 square feet of living spaceThe ceiling has exposed wooden joists, and the 100-year-old glass doors, thermal recorders and hardware have been removed.

Finishing work needed around the fireplace and the kitchen is a frozen restoration project with cabinets, appliances and flooring removed.

Squint in front of a 1917 Colonial Revival style home 2331 SW Cactus Dr.but a potential buyer might be able to visualize the architect of the once stately mansion morris white house Designed for retail entrepreneur Julius Lippitt.

Behind the faded paint are classic architectural features, such as the entrance portico, which is framed by columns, and stationary decorative shutters along the windows.

I’m also curious about the appraisal price.and $1,050,000or $169 per square foot, half of the median price of $332 per square foot. Kingshill areaaccording to Real Estate Marketplace Redfin.

“The home has been carefully dismantled to maintain its original authenticity and retain original building materials that will be reused for reconstruction,” said the listing agent. Kate Kennedy of the Windermere Realty Trust.

Waiting to be reinstalled are the original cabinets in the library and butler’s pantry, a built-in window bench and a foyer mirror frame, Kennedy said. has a clawfoot tub and a pedestal sink waiting to be completed.

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The Julius Lippit House sits high above the street, near Washington Park, and has endured tough economic times throughout its 105-year history.

But it started as a success story. Born in Poland in 1851, Julius Lippit arrived in the United States at the age of 16. Silverton, OregonWhen Colfax, WashingtonHe served as mayor of Colfax and gave City of Eels Park Fountain In memory of my little daughter.

The self-proclaimed “pioneering merchant” attracted customers by advertising “surprises” and selling carpets, clothing and dry goods leftovers. “Come early and pick your pick before the good plums run out,” declared the newspaper ad.

Lippit moved to Portland in 1906 and, according to his 1930 obituary in The Oregonian, continued to build his Washington state empire by founding banks and investing in real estate.

In 1910, Lippit purchased 6,534 square feet of downhill land with city, mountain and river views for his Portland residence.he hired the architect white house, whose company 80 years designed From country club to high school Trophy residence for the city’s most influential families.

After years of planning and construction, Lippitt and his family moved into a three-story home with high ceilings and hardwood floors.

His widow Flora sold the land in 1930.

Since then, historians have Julius and Flora Lippit’s House as a contributor to the building quality of Kings Hill Historic Districtwas registered on the National Register of Historic Places.

Real estate traded hands during economic ups and downs, according to public records:

  • sold at December 1989 $241,000.
  • Two years later, December 1991the deed passed to the new owner for $300,000.
  • 9 years later April 2000with a sales price of $695,000, an increase of more than 10% annually.
  • of July 2014, the property was listed by a lender willing to accept less than the amount repaid on a defaulting mortgage. The price was 8 million. A short sale offer he failed in October 2014 and the price he dropped to $625,000 in December 2014.
  • In June 2015, the property was sold to the current owner for $750,000.
  • seven years and The subsequent tight real estate marketon July 12, 2022, the property went on the market for $1,050,000.

“Here is an opportunity to restore a historically significant and rare Morris White House home,” the marketing materials said.

Kennedy added that the sale includes plans for a city-approved two-car garage.

— Janet Eastman | 503-294-4072

[email protected] | | @janeteastman

Portland and Oregon real estate market details:

Portland pioneers Flanders Sisters’ 1926 arts and crafts house is on sale for $2,375,000

The 1908 Colonial Revival House in Portland Heights where Eleanor Roosevelt stayed is on sale for $2.7 million

Mid-century modern Lamar-built home sells for $1.2 million, $205,000 above asking price

Prohibition-era Portland Tudor Revival house with saloon on sale for $1.3 million

Homework assignment: Eastern Oregon high school student sells eighth ‘dream town’ style home

A Queen Anne home built in 1894, restored and upgraded with hidden modern luxuries in northeast Portland, sells for $799,000.

Bigger Homes, Lower Prices: Are The Square Feet Worth Your Spending?

West Hills Fixer Upper, rebuilt with ‘police defense’ and crumbling wall graffiti, sells for $2 million

Modern chalet in Southwest Portland built in 1966 by architect Richard Campbell is on sale for $1,465,000

Modernist architect Neutra’s rare restored Oregon home is on sale for $3,750,000

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