12800 NW Marina WAY ##3, Portland, OR 97231 | MLS #472419475 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of SimpliHOMMLS# 472419475MLS Provider
  • 89 days on site
  • 0 views

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!

Source: Regional MLS, MLS#: 472419475

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  • Property Type
    Residential

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  • Median Age
    53
  • Population Density
    51
  • College Educated
    61%
  • Estimated Median Income
    $101,850
  • Estimated Total Home Owners
    1,430
  • Estimated Total Renters
    245
  • Owner / Renter Divide
    85% / 15%
  • Estimated Average Household Size
    2
  • Total Population
    3,975
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
4/1/2026Source: Regional MLS Added to Database
April 01, 2026