PORTLAND, Ore. – A perfectly preserved midcentury modern home in Portland’s Southwest Hills has captured the city’s imagination — and sparked a bidding war. Listed on Aug. 18 for $924,000, the residence quickly drew seven offers. Just a week later, it sold for $1,125,000, more than $200,000 over asking price.
A Midcentury Time Capsule
Listing broker Macey Laurick of Windermere Realty Trust described the home as a rare find: untouched yet carefully maintained for decades. “The scale, views, virtually untouched yet beautifully maintained midcentury details and flat lot appealed to prospective buyers,” she said.
The buyer, represented by Calle Holmgren of Friday and Company, secured a home that many describe as a time capsule, blending 1950s design elegance with endless renovation potential.
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Architectural Heritage
Built in 1951 for steel company heir Robert Mercer, the two-level dwelling was designed by architect Derald Harbert, who also created the distinctive 1947 “Boomerang” house on Northwest Skyline Boulevard. That property was later expanded in 2020 by Giulietti Schouten Weber Architects.
The Mercer residence reflects Harbert’s signature style:
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Floor-to-ceiling glass walls that frame treetop views.
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Warm wood paneling throughout.
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Two fireplaces surrounded by slim brickwork.
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A dramatic vertical wood screen separating the blue-tile foyer from the open living and dining spaces.
The house also showcases reinforced concrete construction, a nod to the family business.
The Mercer Legacy
The Mercer family owned Mercer Steel, founded in 1926 in Portland by H.D. Mercer. The company, later renamed Mercer Industries, became known for steel rebar used in reinforced concrete, as well as steel windows and accessories. After relocating to Beaverton, the business operated until 2014, when it shut down its manufacturing division.
The home stands as a tangible reflection of the Mercer family’s connection to steel and modernist architecture.
Layout and Features
Spanning 3,716 square feet on a 0.41-acre lot, the home offers both spaciousness and style. Key highlights include:
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Four bedrooms and three bathrooms, each featuring original pink or mint-green tile and vintage built-ins like toothbrush holders.
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A retro kitchen with pass-through serving windows and an adjoining eating nook.
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A large family room opening to a patio on the lower level.
Perhaps the most eye-catching feature is the vintage turquoise cocktail bar, complete with a kitchenette equipped with a Thermador four-burner electric range, Sub-Zero mini fridge, and stainless-steel sink.
Endless Possibilities
While the home’s original details remain intact, Laurick emphasized that it offers flexibility for future owners. “Whether you envision a thoughtful renovation or a complete transformation, this property is ready for your creative vision,” she said.
The treetop views, flat lot, and strong architectural foundation make it attractive both to preservationists seeking authenticity and to modern buyers hoping to reimagine the space.
A Hot Market for Midcentury Modern
Portland has long been known for its collection of midcentury modern homes, prized for their clean lines, large windows, and integration with nature. Properties that retain original features often draw strong interest, as this sale demonstrates.
Buyers increasingly value the ability to balance retro character with modern updates, creating living spaces that feel both nostalgic and current.
Design Potential
For curious shoppers and design enthusiasts, platforms like Redfin even allow users to experiment with redesign ideas virtually. Through the Redfin Redesign tool, homeowners can test out different paint palettes, flooring styles, and layout concepts to see how spaces like the Mercer residence could be reimagined.
A True Portland Treasure
From its preserved turquoise bar to its treetop views, the Mercer home embodies Portland’s midcentury legacy. While one family takes ownership, the sale highlights the enduring appeal of timeless design — and the fierce competition for homes that combine history with possibility.
