Prepping a gated Portland luxury estate to sell at $3,650,000: Customization comes with a price

Prepping a gated Portland luxury estate to sell at $3,650,000: Customization comes with a price

Stop before you install a built-in velvet sofa or elevated, shag-carpeted lounge in your dream home. At some point, you may want to sell the property and the new buyer will have to like it or be willing to pay to change it, warns Sunita Thaker, a broker with Premiere Property Group in Portland.

Thaker has been through this before. She has a pending listing that is unique for the Portland area: The gated, 0.63-acre estate in Bethany, west of Forest Park, has a house with almost 7,000 square feet of living space that includes an orange-colored platform lounge, tricked-out movie theater and indoor basketball court.

Under the mansion’s 20-foot-tall ceilings are stained glass panels by Washington-state artist Isaac Smith . French doors open to an outdoor kitchen and fireplace overlooking a heated pool with a waterslide and in-ground hot tub.

The customized mansion, which has been profiled in national publications, is owned by wellness entrepreneur Jaime Schmidt and her husband, Chris Cantino.

They bought the property on a cul-de-sac in the luxury Dogwood Park neighborhood in 2018, a year after Schmidt and another co-founder sold their Portland toiletry brand Schmidt’s Naturals for an unspecified sum to European consumer products conglomerate Unilever.

The couple then hired the Portland-based interior design firm Osmose , which is led by Andee Hess , to transform the interior of the buttoned-up, beige mansion with a river rock façade into one worthy of awards and attention.

Three years after purchasing the mansion, Schmidt and Cantino decided to sell.

On March 15, 2021, the property at 5390 N.W. Roanoke Lane in unincorporated Washington County was put up for sale at $4.2 million.

“You’ll never want to leave this resort-style, luxury home,” listing agent Thaker teased at the time.

In April, the price dropped to $3.9 million and in July, to $3.65 million. An offer was accepted Jan. 6, 2022, with an expected transfer of the deed within a few weeks.

“Finding a buyer for a custom, luxury property is a challenge that not every real estate broker is ready to take on,” said Thaker after the property entered escrow. “It’s a long process even in a hot real estate market .”

The journey to prepare a pricey property to be sold is not a run-of-the-mill real estate transaction.

Marketing to target potential buyers alone costs thousands of dollars and the expenses for professional photographs, premium print marketing materials and ads in tony magazines are paid for by the listing agent with the hope of reaping a large commission. “Luckily, my brokerage has a full marketing team to help out,” Thaker said. Selling Portland The 304-square-foot primary suite on the main level of the Bethany mansion has a chandelier by Jan Plecháč and Henry Wielgus for Lasvit installed in the coved ceiling.

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