Last year we ran a whole series of posts for the 2010 Street of Dreams on NW Cresap Lane. This year’s show is on Bull Mountain so regular construction updates made less sense at $4 gallon. The 2011 Portland Street of Dreams runs August 6th – 28th and is located at SW 155th Terrace. Parking will be at SW Bull Mountain Rd. at SW 144th.
Last year’s show marked a partial return to the traditional Street of Dreams format of detached homes on a single street. The 2009 show was held in mostly penthouse condominiums in the Pearl District. I say partial as there were only three homes on Cresap Lane itself as there was a more conservative build-it-once-they-come rather than build-it-and-they-will-come which more often than not resulted in builders holding an inventory of unsold homes at the end of the show. The are no active listings on the street now. A number of the detached condominiums on the back side of NW Cresap Lane went bank owned after the show and are currently listed. I wrote at the time that the only truly dreamy home was the off site Forest Edge home that was listed for $1.7M.
This years show features five homes. One each by Arbor Custom Homes, Brentwood Homes, Pahlisch Homes, Steel Creek Homes, and Dreambuilder Custom Homes. Four of them are listed in RMLS and are all priced under $1,000,000.
The Palisch home is described on their website and Dreambuilder has a lot of pictures of the construction of their home, the “Koderra,” on their website as does the main Portland Street of Dreams site run by the HBA.
A feature that all the homes have this year: ADUs. The Street of Dreams website describes the ADU:
Unless you’re in the building or real estate business, you probably don’t know that ADU stands for Accessory Dwelling Unit. Still confused? How about Mother-in-Law Apartment. Now you get the picture: An attached or detached, self-contained living space, commonly referred to in today’s industry as an ADU, is a feature of each 2011 NW Natural Street of Dreams home.
At 12,000 to 14,000 sq. ft., the 2011 Street lots are among the last of their size within the tri-county Metro Urban Growth Boundary. Metro rules require that such large lots meet minimum density standards for new construction. That’s why every home includes a separate-yet-inclusive extra living space. Each one fits the ADU definition, but your mother-in-law might be surprised at what she sees inside.