About 4005 Ne Hassalo St
A Laurelhurst landmark, reborn for a modern lifestyle - complete with a permitted guest house boasting a 5-star, 5+ year track record as a top-performing short-term rental. This five-bedroom, four-bath dwelling was the subject of an uncompromising restoration by a master craftsman who knew it as his childhood home - a labor of love measured in detail and design excellence. For materials, beauty follows function at every turn: all new hand-stained aluminum clad double-paned windows, real wood trim (no MDF!), solid-core knotty alder doors, soapstone kitchen counters, Carrara marble surfaces, heated bathroom floors and vaulted cedar tongue-and-groove ceilings in both houses. Consider the methods: taken to the studs inside and out, fully insulated between rooms for climate & sound, seismically reinforced to the foundation, and rebuilt with new plumbing, electrical, furnace, & central air. All with the quiet flourishes, such as the original fireplace tile crafted by a celebrated local artist, bridging the home's storied past to its boundless future. Beyond the main residence, the permitted 2008-built guest house lives like a private treehouse retreat: a two-bedroom, one-bath open-concept with a full kitchen, vaulted cedar ceilings, skylights, a hot tub, fire pit, and hammock - a small-scale masterpiece with a loyal roster of repeat guests offering turnkey income potential. A separate studio off the garage provides a work from home dream. All of it rests on one of Portland's most desired streets, where mature trees, gilded landmarks and timeless architecture set a standard to which the rest of the city continues to aspire. Restorations of this caliber – meticulous in design, generous in amenities, rich in history - rarely come to market in Laurelhurst. Come see what a lifetime of care looks like and find yourself at home. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10245893]
Features of 4005 Ne Hassalo St
| MLS® # | 260140557 |
|---|---|
| Price | $1,750,000 |
| Bedrooms | 7 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 4,096 |
| Acres | 0.12 |
| Year Built | 1927 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Craftsman |
| Status | Active |
Community Information
| Address | 4005 Ne Hassalo St |
|---|---|
| Area | 142 - Portland Northeast |
| Subdivision | LAURELHURST |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97232 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Driveway, On Street |
| # of Garages | 1 |
| Garages | Detached |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Engineered Hardwood, Garage Door Opener, Hardwood Floors, Laundry, Luxury Vinyl Plank, Tile Floor, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer, Concrete Floor |
|---|---|
| Appliances | Dishwasher, Disposal, Free-Standing Gas Range, Gas Appliances, Microwave, Pantry, Plumbed For Ice Maker, Solid Surface Countertop, Stainless Steel Appliance(s), Tile |
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 3 |
| Fireplaces | Gas, Wood Burning, Pellet Stove |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Finished, Storage Space |
Exterior
| Exterior | Cedar, Wood Siding, Shake Siding, Stone |
|---|---|
| Exterior Features | Covered Deck, Deck, Fenced, Fire Pit, Free-Standing Hot Tub, Porch, Yard, Accessory Dwelling Unit, Water Feature |
| Lot Description | Level |
| Windows | Double Pane Windows, Wood Frames |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Laurelhurst |
|---|---|
| Middle | Laurelhurst |
| High | Grant |
Additional Information
| Date Listed | June 20th, 2026 |
|---|---|
| Days on Market | 94 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Windermere West LLC |
|---|
