About 5432 Ne 32nd Ave
A rare opportunity to own a bespoke work of architecture nestled in the Alberta Arts district. Designed by architect Mark Holmquist—raised in Germany and Portland, Harvard-trained, and a former associate partner at Foster + Partners (of Apple Park fame)—this modern-day Gesamtkunstwerk was recently published in Dwell, selected for the AIA Portland Homes Tour and AIASF Design Awards. As if carved from a single block of cedar, the faceted pair of townhouses are made distinct through a series of geometric sleights of hand. Slipping one past the other, an unorthodox offset creates two reciprocal, lushly planted outdoor ‘rooms’. A thickened party wall—expressed as a notch where the buildings lightly touch—conceals plentiful built-in storage, a critical acoustic decoupling, and allows for an unusually generous south-facing window wall. Upper decks, like the hollows of a tree, offer territorial views shrouded from the sidewalk below. The cascading steps of the front porch, paired with a dramatically cantilevered soffit above, welcome visitors in—a nod to Portland’s bungalow vernacular. At the foyer, this compression gives way to the first glimpse of a gossamer stair, suspended from the roof above and threading all three levels in a continuous volume washed in light. Living, dining, and kitchen occupy the main split-level, with two bedrooms and baths on the 2nd. A vaulted, open 3rd floor offers the flexibility of ample additional living space, including a third bedroom. The palette is warm and natural, the finish details refined, and tactile. Solid white oak floors and millwork throughout balance a sleek, velvety European chef’s kitchen with polished concrete underfoot. Only the two full baths—charcoal-hued retreats—depart from the airy theme. Guided by passive house principles, the homes are exceptionally energy efficient—and thanks to integrated rooftop solar, nearly net-zero. Built for comfort, longevity, and inspiration—designed as if for the architect themselves. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10246489]
Features of 5432 Ne 32nd Ave
| MLS® # | 684290076 |
|---|---|
| Price | $1,395,000 |
| Bedrooms | 3 |
| Bathrooms | 2.10 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 2,134 |
| Acres | 0.06 |
| Year Built | 2026 |
| Type | Residential |
| Sub-Type | Attached |
| Style | Modern, Townhouse |
| Status | Active |
Community Information
| Address | 5432 Ne 32nd Ave |
|---|---|
| Area | 142 - Portland Northeast |
| Subdivision | Concordia |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97211 |
Amenities
| Parking | On Street, Parking Pad |
|---|---|
| View | Territorial, Mountain(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Concrete Floor, Hardwood Floors, High Speed Internet, Laundry, Tile Floor, Wood Floors, Dual Flush Toilet, 3rd Floor, Heat Recovery Ventilator, High Ceilings, Passive Solar, Quartz, Reclaimed Material, Vaulted Ceiling(s), WaterSense Fixture(s) |
|---|---|
| Appliances | Convection Oven, Dishwasher, Disposal, Double Oven, Island, Microwave, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance(s), Appliance Garage, Built-in Oven, Built-in Refrigerator, ENERGY STAR Qualified Appliances, Induction Cooktop, Quartz |
| Heating | Forced Air - 95+%, Heat Exchanger, Passive Solar |
| Cooling | Heat Pump, EnergyStar Air Conditioning |
| Fireplace | No |
| # of Stories | 3 |
| Basement | Crawl Space |
Exterior
| Exterior | Cedar, Tongue and Groove |
|---|---|
| Exterior Features | Covered Deck, Deck, Fenced, Garden, Patio, Porch, Public Road, Yard, Security Lights, Xeriscape Landscaping |
| Lot Description | Level, On Busline |
| Windows | Triple Pane Windows, Aluminum Frames |
| Roof | Metal |
| Foundation | Concrete Perimeter, Slab |
School Information
| Elementary | Vernon |
|---|---|
| Middle | Vernon |
| High | Jefferson |
Additional Information
| Date Listed | April 23rd, 2026 |
|---|---|
| Days on Market | 152 |
| Zoning | R2.5 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Where, Inc |
|---|
