550 N Tomahawk Island Dr. Portland, OR $ 585,000
550 N Tomahawk Island Dr.
$ 585,000
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550 N Tomahawk Island Dr.

Portland, OR, 97217
$ 585,000
Bedrooms2 Baths2.1 Sq 2,000

Monthly Estimate*

$ 3,694

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Single Family Home for sale in Portland, OR

for $585,000 with 2 bedrooms and 2 full baths, 1 half bath. This 2,000 square foot home was built in 1966.

This home hasn't been on the market in 40 years — a rare, floating home on North Portland Harbor with uninterrupted east-to-west water views, sunrises and sunsets right from your own dock, and a view of Mt. Hood to top it off.Original wood paneling runs throughout, and the living room has a gas fireplace along with a striking white spiral staircase — with a lit water feature at its base — leading up to the second level.2 bedrooms, 2.5 baths. The upstairs bedroom is oversized and works equally well as a second bedroom or a family room. There's also a large attic space, previously used as an office, that could easily become a third bedroom, playroom, office, or extra storage.The kitchen has been updated with a glass tile backsplash, gas cooktop, and Bosch built-in microwave and oven. The primary bath has an updated walk-in shower. Other recent updates include a tankless water heater and a new electrical panel (spring 2026). The home carries a 4-float rating with log and steel stringers for long-term peace of mind.Beyond that, it's ready for a new owner's cosmetic touch — solid bones, original details, and room to make it your own.This is life on the water, in every season. Warm days are made for paddleboarding or kayaking straight from your home down to the Island Cafe for lunch, and a short boat ride puts you in the main channel of the Columbia for some of the best fishing around — or just fish right off your own front deck. Come winter, watch the rain and fog roll over the river while you stay cozy by the fireplace, and every December this home has a front-row seat to the iconic Portland Christmas Ship Parade — the perfect excuse to host your holiday party.Located in the Tomahawk floating home community: a gated, self-run HOA that keeps dues low, and an active Yacht Club with reciprocal privileges at yacht clubs worldwide.About 15 minutes to PDX, 10 minutes to downtown Portland, and 5 minutes to downtown Vancouver, WA.

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Single Family Active

Price

$ 585,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 6,561

Style

CustomStyle

Year Built

1966

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

614217186

Features
Interior
Interior Amenities HighSpeedInternet Laundry VinylFloor WalltoWallCarpet WasherDryer
Basement None
Total Fireplaces 1
Fireplace Features Gas
Hot Water Gas Tankless
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.1
Total Bedrooms 2
Total Baths 3
1/2 Baths 1
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General
Sewer PublicSewer
Heating Baseboard GasStove WallHeater
Cooling None
Roof Membrane Metal Rubber
Appliances BuiltinOven BuiltinRange Cooktop Dishwasher FreeStandingRange GasAppliances Microwave RangeHood StainlessSteelAppliance
HOA Fee 460.0
Garage Spaces 0
Architectural Style CustomStyle
Security Features SecurityGate
Year Built 1966
Stories Count 2
Property Subtype FloatingHome
Tax Year 2025
Parcel Number Not Found
Waterfront Features RiverFront
Accessibility WalkinShower
Assoc Fee Paid Per Monthly
County Multnomah
Property Type Residential
Association Amenities AllLandscaping Sewer Trash Water
HOA Y
Subdivision Name HAYDEN ISLAND / JANTZEN BEACH
Full Baths 2
Status Active
Directions Jantzen Beach exit East on N Tomahawk Island Dr. Right before Prose apartments.
High School Jefferson
City Portland
Body of Water Columbia River
MLS Area _141
Listing Terms Cash Conventional
Elementary School Faubion
Tax Annual Amount 6561.12
Middle/Junior High School Faubion
Property Condition Resale
High School 2 Roosevelt
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TOMAHAWK ISLAND FLOATING HOME COMMUNITY UPLAND# R245793 MB X # FH0279 FLOATING
ADU False
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Exterior
Exterior Amenities Deck ToolShed
Parking Features OffStreet Secured
Lot Features FloodZone Level
Water Source PublicWater
Total Parking 0
Garage Type Available
Exterior Description MetalSiding
Foundation Details Other
Building Area Total 2000.0
Road Surface Type Concrete Paved
Floatation LogandSteelStringer
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Internal Only
Street Number 1 550
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* Excluded Features
List By
Keller Williams Premier Partners

Broker

kellymonforthomes@gmail.com

Contact

Affordability Calculator

$4,241
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$547
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950944 Elementary School
1950956 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
7/19/2026$585,000 Listed Price

Map


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550 N Tomahawk Island Dr., Portland, OR, 97217 is a Single Family Home for sale at $585,000 with 2,000 sqft. 550 N Tomahawk Island Dr. has 2 bedrooms, 2.1 baths, and was built in 1966. The property's zip code is 97217 which is in Portland, OR