12800 NW Marina WAY #3

Portland, OR 97231

Fisherman’s and water enthusiast’s paradise. This one-of-a-kind floating home at the iconic Fred’s Marina offers a rare combination of privacy, functionality, and value, unbelievably priced at just over $400,000. Ideally located near the mouth of the Willamette River, on the Multnomah Channel, just south of the Sauvie Island Bridge, the property delivers a peaceful, country-like setting while remaining only minutes from Portland. This custom-built home spans over 3,000 square feet and sits on an oversized, 4 rated concrete float that will last more than a lifetime, providing long-term financeability, durability and confidence in future resale value. The home features 2 bedrooms and 2 bathrooms, with an enormous amount of additional space that can easily be configured to accommodate more bedrooms or bathrooms if desired. A propane generator is also installed, capable of powering the entire home in the event of a power outage, providing added reliability and peace of mind. Perfectly suited for a fishing guide seeking a private, business-friendly retreat, an investor seeking a unique waterfront asset with strong long-term potential, or for anyone who values space, serenity, and a true connection to the river - without the traditional density of neighboring floating homes directly next door to you. An incredible riverfront home that combines lifestyle, value, and views in one unforgettable package!

Listing courtesy of Jett Even of SimpliHOM (503) 741-6265



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Last checked 2026-04-04 07:04 AM PDT.

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