The Waverley Neighborhood- Magic in Portland
The Waverley Neighborhood is a very exclusive area in Milwaukie located on the Waverley Golf Course. The homes in Waverley are grand with amazing lots and an exclusive feel. There is a main road in Waverley- Waverley Drive that is directly on the gorgeous golf course. Living in one of these homes is truly an experience that only a few people will ever get to enjoy.
Currently there are 2 homes for sale in the Waverley neighborhood ranging from $1,495,000 up to $1,750,000 with an average of $296 per square foot. These homes have been on the market for around 45 days and are on average 5452 square feet in size. Over the past 12 months 2 homes have sold in Waverley, one for $1,350,000 and the other $1,999,000 with an average of $265 per square foot. The sold homes in Waverely were on the market for around 79 days and were over 6000 square feet in size. The homes here are all unique in that the architecture is varied, but they weave together a seamless neighborhood. These are the homes that you would expect on one of the most exclusive and prestigious private golf clubs on the West Coast.
The Waverley Golf Course was established in 1896 and was the 2nd private golf course west of the Mississippi. Today the Waverley Golf Course and Club remains very exclusive, steeped in tradition with a strict dress code, no tee times and lots of social activities. Holidays and celebrations are a big deal at Waverley and if you are lucky enough to celebrate with someone here you will see firsthand what we are talking about. The grounds are gorgeous, the outside grass under foot dining is five star and the guest accommodations are out of a story book. The course is on 138 acres on the Willamette River and includes a beautiful clubhouse, tennis court, swimming pool, wine program and kayaking adventures on the Willamette. The spelling of Waverley was originally Waverley, but it changed in 1912 to Waverley, it is rumored that there was an engraving spelled incorrectly that speared this name change.
There are only a handful of homes in the Waverley neighborhood. Most were built between the early 1900’s and 1950. There are Tudors, Colonials, grand Mediterranean’s and more. The streets are tight and windy with large mature landscaping that creates a magical feel. Driving down Cambridge Street is a real treat if you have time, there are very old stone walls mixed in with the large boxwoods and charming street signs with family names at each corner. This area is one of the most exclusive neighborhoods in Portland area, rich in tradition and old Portland charm. There is no new infill in this area and in my opinion there shouldn’t be. My hope is that all of the homes in Waverley are lovingly respected and maintained for what they are today and what they once were for many years to come.
Living in the Waverley neighborhood is a dream for most and reality for some. It is one of Portland’s last neighborhoods that has not been touched and maintains its original character and charm.
Written by Amanda Folkestad
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