19330 NW Gillihan Rd, Portland, OR, 97231
About This Home
Rare opportunity to own 15.5 acres on scenic Sauvie Island. The iconic 'Penny Lane' home (Yes, the Penny Lane played by Kate Hudson in the movie 'Almost Famous')features two homes on one tax lot, a pole barn with office, and multiple outbuildings in a truly picturesque countryside setting. The original residence at 19330 NW Gillihan is a classic ranch-style home offering 3 beds, 2 baths, an open floor plan, and pole barn with office. The second home at 19490 NW Gillihan, showcases single-level Mediterranean design with a spacious layout, a large primary suite, and a beautiful surrounding yard. It also includes an attached in-law quarters with a kitchenette and private exterior entrance. Built under a farm exemption, the newer home offers added flexibility, while the original home is eligible for conversion to an accessory dwelling unit (buyer to verify with the City of Portland regarding zoning and permitted uses). This versatile property presents endless possibilities—ideal for a hobby farm, livestock, or chickens, and perfectly suited for recreational storage, a woodshop, art studio, fitness space, or other custom uses. Bedrooms, baths and square footage posted are for both homes. Schedule your viewing today and find your dream island estate.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1992
Materials
- Roof: Tile
- Construction materials: Lap Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Mediterranean,Ranch
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Built In Oven,Built-In Range,Dishwasher,Free-Standing Refrigerator,Electric Water Heater
- Laundry features: Laundry Room
Bedroom2
- Level: Main
Bedroom3
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- Partial bathrooms: 1
- Main level bathrooms: 5
Dining Room
- Level: Main
Features
- Ceiling Fan(s),Bathroom,Closet,Kitchen,Plumbed,Pantry
- Flooring: Luxury Vinyl Plank,Tile
- Number of fireplaces: 2
- Fireplace features: Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 4,424
- Total interior livable area: 4,424 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Property
Details
- Parcel number: R324919
- Zoning: EFU
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Garden,Yard
- Has view: Yes
- View description: Mountain(s),Pond,Trees/Woods
- Has water view: Yes
- Water view: Pond
Lot
- Lot size: 15.72 Acres
- Features: Level,Pasture,Wooded,Acres 10 to 20
Parking
- Total spaces: 4
- Parking features: Off Street,RV Access/Parking,Attached
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,559 | $90,708 |
| Home Insurance * | $345 | $4,140 |
| Property Taxes | $1,611 | $19,332 |
| Electricity | $401 | $4,817 |
| Total | $9,916 | $118,992 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-10 | Listed for sale | $1,495,000 |
| 2021-10-21 | Listing removed | -- |
| 2021-10-06 | Listed for rent | $2,950 |
| 2021-03-24 | Listing removed | -- |
| 2018-08-10 | Listing removed | $3,000 |
| 2018-07-09 | Price change | $3,000 |
| 2018-06-23 | Price change | $2,500 |
| 2018-06-21 | Listed for rent | $2,750 |
| 2018-04-30 | Listing removed | $2,950 |
| 2018-04-17 | Listed for rent | $2,950 |
For Sale by Agent
View on Zillow