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Listed by LUXE Forbes Global Properties

$795,000

Est. payment - /mo

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3 Beds

2.1 Baths

2,720 SqFt

Active

305 S MONTGOMERY ST #508 Portland, OR 97201

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Nancy Kelly

nancy@nancykellyhomes.com +1(503) 805-5887

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $292

Subdivision Riverplace Condominiums

MLS Listing ID 205173824

Style Traditional

Bedrooms 3

Full Baths 2

HOA Fees $2,926/mo

HOA Y/N Yes

Year Built 1986

Annual Tax Amount $8,125

Tax Year 2025

Property Sub-Type Condominium

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.

Location

State OR

County Multnomah

Area _148

Rooms

Basement None

Interior

Interior Features Hardwood Floors, Sound System, Vaulted Ceiling, Wallto Wall Carpet, Water Purifier

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Appliance Garage, Builtin Refrigerator, Dishwasher, Gas Appliances, Pantry, Range Hood, Tile

Exterior

Exterior Feature Covered Deck, Deck

Parking Features Tandem

Garage Spaces 4.0

Waterfront Description RiverFront

View River

Roof Type Flat

Accessibility MainFloorBedroomBath, OneLevel, WalkinShower

Garage Yes

Building

Lot Description Trees

Story 1

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Ainsworth

Middle Schools West Sylvan

High Schools Lincoln

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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Nancy Kelly

Broker | License ID: 880300070

+1(503) 805-5887

305 S MONTGOMERY ST #508 Portland, OR 97201

Nancy Kelly

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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305 S MONTGOMERY ST #508