500 N Tomahawk Island DR

Welcome to a true waterfront retreat on the North Portland Harbor—where timeless craftsmanship, riverfront living, and long-term peace of mind come together.This beautifully built home offers 3 bedrooms and 3 full baths, a rare find on the water. Inside, plank & beam ceilings, rich wood floors, and custom millwork create a warm, lodge-style feel. The living room is anchored by a striking river rock gas fireplace with built-ins, while expansive windows frame peaceful river views. A main-level bedroom and full bath provide flexible living options.Upstairs, the spacious primary suite features a walk-in closet, ensuite bath, with deck access. A second bedroom, full hallway bath, and large laundry room with abundant storage complete the upper level. Each bedroom opens to a deck, seamlessly connecting indoor living with the water outside.The kitchen is designed for both everyday living and entertaining, featuring a gas cooktop, granite countertops, stainless steel appliances, and an eat-at island.Major Value Update: The home is currently receiving a brand-new float, including new logs & steel stringers, fully permitted and engineered, and being rebuilt by Riverbank, LLC, a respected floating home and marine construction specialist. The sellers’ investment exceeds $160,000. Once complete, the float will receive a score of 5, the highest possible rating on a float inspection, offering enhanced stability, insurability, and long-term value—offering buyers a rare opportunity to step into a floating home with its most important system already upgraded. The current list price reflects only a portion of this significant improvement.Slip ownership is included, eliminating an underlying lease & providing long term moorage security. Enjoy direct river access for kayaking, boating, and wildlife watching, plus a front-row seat to Portland’s iconic Christmas Ship Parade. Just 10 mins to downtown Portland and 15 mins to PDX. Pet-friendly moorage. Garage available by waitlist.