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305 S Montgomery St 508, Portland
$695,000
Save- Price per sqft
- $255.51
- Built in
- 1986
- Property size
- 2,720 sqft
- Property type
- Residential
- Days on market
- 167
Overview
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.
Details
Interior
- Interior features
- Hardwood Floors, Sound System, Vaulted Ceiling, Wall to Wall Carpet, Water Purifier
- Appliances
- Appliance Garage, Built-in Refrigerator, Dishwasher, Gas Appliances, Pantry, Range Hood, Tile
- Fireplace
- Yes
- Fireplaces
- 1
- Fireplace description
- Wood Burning
- Cooling
- Yes
- Cooling description
- Central Air
- Heating
- Yes
- Heating description
- Forced Air
- Windows
- Double Pane Windows
Exterior and lot
- Exterior features
- Covered Deck, Deck
- Lot features
- Trees
- Architectural style
- Traditional
- Roof
- Flat
- View
- Yes
- View description
- River
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 4
- Parking
- Secured
- Total parking
- 4
Schools
- High school
- Lincoln
- Middle school
- West Sylvan
- Elementary school
- Ainsworth
Location
- City
- Portland
- County
- Multnomah
- Subdivision
- RIVERPLACE CONDOMINIUMS
Taxes and dues
- Annual taxes
- $8,125 (2025)
- HOA dues
- $2,926 / month
Location
305 S Montgomery St 508, Portland, OR 97201

Monthly payment estimate
$7,302 /mo
- Principal and interest
- $3,699
- Property tax (2025)
- $677
- HOA dues
- $2,926
- Total
- $7,302
Estimate only, and not an offer of credit. Assumes 20% down ($139,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.














































