Shawn Realty 503-515-44992 bd • 2.5 ba • 2,000 sq ft
550 N Tomahawk Island Dr., Portland, OR 97217
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- Bedrooms
- 2
- Total Baths
- 2.5
- Building Area
- 2,000 sq ft
- Price/Sq Ft
- $250/sq ft
- Year Built
- 1966
- Garage
- Available
- County
- Multnomah
- Annual Tax
- $6,561 (2025)
- HOA
- $460 / monthly
- Days on Market
- 120 days
- Open House
- None scheduled
Monthly payment
$4,132 per month
- Principal & interest$3,021
- Property taxes$547
- HOA dues$460
- Home insurance$104
- Utilities$0
10% down · 30-year fixed · 7.11% rate · 7.211% APR (est.)
Rate: Freddie Mac weekly average, as of 11/12/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.11% (7.211% APR, estimated). Rate: Freddie Mac weekly average, as of 11/12/2026.
- Down payment: 10% ($49,900) on $499,000; loan $449,100
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $547/mo (RMLS annual tax ÷ 12)
- HOA dues: $460/mo (RMLS association fee, converted to monthly)
- Home insurance: $104/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
This home hasn't been on the market in 40 years — a rare, floating home on North Portland Harbor with uninterrupted east-to-west water views, sunrises and sunsets right from your own dock, and a view of Mt. Hood to top it off. Original wood paneling runs throughout, and the living room has a gas fireplace along with a striking spiral staircase — with a water feature at its base — leading up to the second level. The upstairs bedroom is oversized and works equally well as a second bedroom or a family room. There's also a large attic space, previously used as an office, that could easily become a third bedroom, playroom, office, or extra storage. A 3/4 bath rounds out the 2nd level.The kitchen has been updated with a glass tile backsplash, gas cooktop, and Bosch built-in microwave & oven.The primary bdrm is on the main w/ a ensuite bath that has an updated walk-in shower. Other recent updates include a tankless water heater and a new electrical panel (spring 2026). The home carries a 4-float rating with log and steel stringers (report upon request). Beyond that, it's ready for a new owner's cosmetic touch — solid bones, original details, and room to make it your own.This is life on the water, in every season. Warm days are made for paddleboarding or kayaking straight from your home down to the Island Cafe for lunch, and a short boat ride puts you in the main channel of the Columbia for some of the best fishing around — or just fish right off your own front deck. Come winter, watch the rain and fog roll over the river while you stay cozy by the fireplace, and every December this home has a front-row seat to the iconic Portland Christmas Ship Parade — the perfect excuse to host your holiday party. Located in the Tomahawk floating home community: a gated, self-run HOA that keeps dues low, and an active Yacht Club with reciprocal privileges at yacht clubs worldwide. About 15 minutes to PDX, 10 minutes to downtown Portland, and 5 minutes to downtown Vancouver, WA.
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Floating Home |
| Bedrooms | 2 |
| Total Baths | 2.5 |
| Full Baths | 2 |
| Partial Baths | 1 |
| Building Area (sq ft) | 2000 |
| Main Level (sq ft) | 1360 |
| Upper Level (sq ft) | 640 |
| Lower Level (sq ft) | 0 |
| Year Built | 1966 |
| Garage Spaces | 0 |
| County | Multnomah |
| Subdivision | HAYDEN ISLAND / JANTZEN BEACH |
| Elementary School | Faubion |
| Middle School | Faubion |
| High School | Jefferson |
| Heating | Baseboard, Gas Stove, Wall Heater |
| Cooling | None |
| Appliances | Builtin Oven, Builtin Range, Cooktop, Dishwasher, Free-Standing Range, Gas Appliances, Microwave, Range Hood, Stainless Steel Appliance |
| Interior Features | High Speed Internet, Laundry, Vinyl Floor, Wallto Wall Carpet, Washer/Dryer |
| Exterior Features | Deck, Tool Shed |
| Basement | None |
| Style | Custom Style |
| Roof | Membrane, Metal, Rubber |
| Fireplaces | 1 |
| View | Yes |
| Waterfront | Yes |
| Lot Features | Flood Zone, Level |
| Parking | Off Street, Secured |
| Sewer | Public Sewer |
| Water | Public Water |
| Association Fee | $460 |
| Association Fee Frequency | Monthly |
| Annual Taxes | $6,561 |
| Tax Year | 2025 |
| Original List Price | $585,000 |
| RMLS # | 614217186 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Kelly Monfort • Keller Williams Premier Partners
Contact: kellymonforthomes@gmail.com
Listing updated: Nov 14, 2026 at 12:12am
Source: RMLS #614217186 
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/14/2026 08:15. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
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