UPCOMING EVENT:  1031 Exchange Class on Apr 1, 2026

500 N Tomahawk Island DR Portland, OR 97217
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Price:
$755,000
Beds:
3
Baths:
3.0
Ft²:
1720
MLS#:
24372622
Lot Size:
0K to 2,999 SqFt
County:
Multnomah
Style:
2 Stories
Yr Built:
1969
Status:
Active
Levels:
2
Garage:
Detached
Nhood/Bldg:
Hayden Island
Heat:
Forced Air, Heat Pump
Fireplace:
Gas
Roof:
Metal
View:
Mountain(s), River
Elem:
Faubion
Middle:
Faubion
High:
Jefferson
Lot Desc:
Commons, Flood Zone, Gated
Area:
Portland North
Exterior:
Covered Arena, Covered Deck, Deck, Dock
Courtesy of:
Divine NW Realty
Remarks:
Welcome to a true waterfront retreat where timeless craftsmanship, riverfront living, and long-term peace of mind come together.This custom built home offers 3 bdrms & 3 full baths, a rare find on the water. Inside, plank & beam ceilings, rich wood floors, and custom millwork create a warm, lodge-style feel. The living room is anchored by a a striking river rock gas fireplace with built-ins, while expansive windows frame peaceful river views. A main-level bdrm and full bath provide flexible living options. Upstairs, the spacious primary suite features a walk-in closet, ensuite bath, with deck access. A second bedroom, full hallway bath, and large laundry room with abundant storage complete the upper level. Each bedroom opens to a deck, seamlessly connecting indoor living with the water outside. The kitchen is designed for both everyday living and entertaining, featuring a gas cooktop, granite countertops, SS appliances, and an eat-at island. MAJOR VALUE UPDATE: The home is currently receiving a BRAND NEW FLOAT, including new logs & steel stringers, fully permitted & engineered -being rebuilt by Riverbank, LLC, a respected floating home and marine construction specialist. The sellers’ investment exceeds $160,000. Once complete, the float will receive a score of 5, the highest rating on a float inspection, offering enhanced stability, insurability, and long-term value—offering buyers a rare opportunity to step into a floating home with its most important system already upgraded. The current price reflects only a portion of this significant improvement. Slip ownership is included. Enjoy direct river access for kayaking, boating, & wildlife watching and Portland’s iconic Xmas Ship Parade. Just 10 mins to dwntwn Portland & 15 mins to PDX. Pet-friendly moorage. Garage available by waitlist. BONUS: This moorage is an official yacht club, offering reciprocal privileges at yacht clubs around the world — extending your waterfront lifestyle well beyond Portland!
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