305 S MONTGOMERY ST 508/507

Portland, 97201

  • 3 Bed

  • 2.5 Bath

  • 2720 SqFt

  • 80 DOM

  • Built: 1986

  • Status: Active

$995,000

Price cut: $205K (09-26-2025)

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305 S MONTGOMERY ST 508/507

Portland 97201

$995000

Price cut: $205K (09-26-2025)

  • 3 Bed

  • 2.5 Bath

  • 2720 SqFt

  • 80 DOM

  • Built: 1986

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

**Unique Riverfront Penthouse at RiverPlace – A Rare Find!**Welcome to this exceptional riverfront penthouse at RiverPlace, a true gem where contemporary elegance meets breathtaking views. Originally two separate condos, this unique unit has been thoughtfully combined into one expansive living space, now spanning approximately 2,700 sq ft. Featuring three spacious bedrooms and 2.5 baths, there's even potential to convert the half bath back into a full bathroom by adding a shower. The third bedroom serves a dual purpose as a den or guest room, complete with a custom built-in wall bed, ideal for accommodating visitors or creating a cozy workspace.As you enter, you'll be captivated by the impressive vaulted ceilings and the abundance of natural light pouring in through the skylights. The great room showcases striking mid-century wood paneling, adding character and warmth to the space. Gather around the stunning river rock wood-burning fireplace during cooler evenings, or take advantage of the four expansive decks, each offering incredible river or partial river views for your enjoyment.This penthouse is designed with convenience in mind, boasting an abundance of storage options throughout, complemented by four separate storage units within the building. Parking is a breeze with four designated spaces—two side by side by the entrance and one tandem space—ensuring you and your guests will always have a spot. Modern amenities enhance the living experience, including surround sound throughout the condo, huge walk-in closets for ample storage, and a wet bar in the second family room, perfect for entertaining friends and family. New furnace installed July 2025. This unit is truly a unicorn in the Portland real estate market, offering an unmatched lifestyle on the banks of the Willamette River. Possible OWNER FINANCING AVAILABLE. Don’t miss your chance to make this extraordinary penthouse your new home—schedule a showing today!

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