305 S MONTGOMERY ST Unit #508, Portland, OR 97201

$795,000
3
BD
2
BA
2,720
SqFt

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List Price
$795,000
Days on Market
151
Status
ACTIVE
MLS#
205173824
Bedrooms
3
Bathrooms
2
Partial Bathrooms
1
Living Area
2,720
Region
Portland NW/ SW/ S, Raleigh Hills

Property Description

An exceptional penthouse residence set along the banks of the Willamette River in Portland’s walkable RiverPlace district, this remarkable home offers the rare balance of expansive living and effortless urban convenience.Encompassing approximately 2,700 square feet, the residence was thoughtfully created by combining two separate units into one beautifully flowing floor plan. The result is an extraordinarily spacious three-bedroom layout with an additional den—ideal for a private office, library, or media retreat. Two generous primary suites provide comfort and flexibility, including one with a truly impressive walk-in closet(12'9 x 12,5) designed to accommodate the most extensive wardrobe with ease.Dramatic 13-foot vaulted ceilings elevate the main living areas, enhancing the sense of light and openness. A striking wood-burning rock fireplace anchors the space, adding warmth, character, and timeless architectural presence.Three private decks extend the living experience outdoors, each offering a unique vantage point of the river. From your expansive, river-facing terrace, enjoy Portland’s most beloved waterfront traditions—festive Christmas Ships gliding by in winter and spectacular Fourth of July fireworks illuminating the sky in summer—all from the comfort of home.The kitchen presents a rare and exciting opportunity: a generous footprint awaiting your vision and design touch to transform it into a truly showstopping culinary space. With a recent $200,000 price adjustment, the stage is set for a discerning buyer to create a dream kitchen worthy of the setting.Perfect for those looking to downsize without compromise, this penthouse delivers substantial square footage, refined character, and year-round riverfront living—all within one of downtown Portland’s safest and most walkable neighborhoods.A rare offering. An inspired canvas. An extraordinary place to call home.

Additional Information

Tax Amount
$8,125
Year Built
1986
High School
Lincoln
Elementary School
Ainsworth
Middle School
West Sylvan
Fireplaces Total
1
Garage Spaces
4
Garage Type
Tandem
Hoa Fee
$2,926
Hoa Payment Freq
Monthly
Living Area
2,720
Stories
1
Subdivision
RIVERPLACE CONDOMINIUMS
Property Type
Condominium
Terms
Cash, Owner Will Carry
Accessibility Features
Main Floor Bedroom w/Bath, One Level, Walk-in Shower
Master Bedroom Level
Main
Cooling Description
Central Air
Fireplace Description
Wood Burning
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Lap Siding, Wood Composite
Roof Type
Flat
Sewer Description
Public Sewer
Style
Traditional
Waterfront Description
River Front
View
River
Parking
Secured
Waterfront
Yes
Security Or Entry
Entry
Parking Description
Secured
Covenants/Restrictions
Yes
Road Surface
Paved

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Listing courtesy of LUXE Forbes Global Properties.

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