About This Home

This 2-bedroom, 3-bathroom single family at 550 N Tomahawk Island Dr. in Portland, OR is listed for $499,000 ($250 per sqft). Built in 1966, the home offers 2,000 sqft of living space on a N/A lot.

Key Features

  • Built in 1966
  • 2 stories
  • Waterfront

Property Details

2 stories
2 full, 1 half
1966

Amenities

WaterfrontView
Listing Description

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 spiral staircase - with a water feature at its base - leading up to the second level.

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. A 3/4 bath rounds out the 2nd level.The kitchen has been updated with a glass tile backsplash, gas cooktop, and B

osch built-in microwave & oven.The primary bdrm is on the main w/ a ensuite bath that 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 (report upon request).

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.

Monthly Cost Estimate

$3,129/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146
HOA$460

Estimates only. Actual payments may vary.

Location

550 N Tomahawk Island Dr.

Portland, OR 97217

HAYDEN ISLAND / JANTZEN BEACH

Features & Amenities

Interior Features

HighSpeedInternetLaundryVinylFloorWalltoWallCarpetWasherDryer

Exterior Features

DeckToolShed

Property Details

Views

River

Outdoor Features

Deck

Heating

Natural GasBaseboard

Appliances

BuiltinOvenBuiltinRangeCooktopDishwasherFreeStandingRangeGasAppliancesMicrowaveRangeHoodStainlessSteelAppliance

Questions & Answers

This 2-bedroom, 3-bathroom single family at 550 N Tomahawk Island Dr. is listed at $499,000 ($250/sqft). The estimated monthly payment is $3,129 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $460/month.

Key features include: Built in 1966, 2 stories, Waterfront. Interior Features: HighSpeedInternet, Laundry, VinylFloor. Exterior Features: Deck, ToolShed.

This property is listed by Kelly Monfort.

KM

Kelly Monfort

Agent at Keller Williams Premier Partners

Listed by Keller Williams Premier Partners · Broker phone: (360) 693-3336 · View on Broker Site · Broker website

MLS# 614217186· Source: Regional Multiple Listing Services· 107 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

550 N Tomahawk Island Dr., Portland, OR 97217

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