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18989 NE Marine Dr #A6, Portland, OR, 97230

2beds
2baths
1,038sqft
$419,000
$404price/sqft
$2,750/moest. monthly cost
$110,000/yrincome needed

About This Home

This newly built custom floating home is a rare opportunity to own a thoughtfully crafted river retreat built with exceptional quality from the logs up. Less than three years ago, the framing and float construction were completed by Even Construction, the recognized leader in floating - home construction, and the interior was finished by the owner, a high-end cabinetry professional who incorporated fully custom, handcrafted cabinetry and built-ins throughout the home, creating a warm, refined space with beautiful and highly functional finishes. Step inside and the open-concept floor plan immediately welcomes you into a spacious great room with a beautifully designed kitchen perfectly blended into the living area, creating a natural gathering space that feels both warm and peaceful. The seamless flow between the living area and kitchen enhances the sense of openness while maintaining a comfortable, inviting atmosphere, perfect for relaxing, entertaining, or simply enjoying river living. Located less than 15 miles from the city and just under 15 minutes to PDX Airport, this 2-bedroom, 1.5-bathroom floating home offers the ideal balance of convenience and waterfront tranquility, making it well suited as either a year-round residence or a seasonal retreat. This home is built on a universally sized 28’ x 60’ float, offering the flexibility to relocate to virtually any standard floating-home slip or moorage of your choosing. The listing price reflects the floating home only; the current slip may also be purchased, with the purchase price of the slip added to the total sales price if included. Constructed with brand-new logs, steel stringers, and a verified Float Rating of 5, the float offers long-term structural reliability along with strong future resale and refinancing potential - an uncommon opportunity to purchase a newly completed custom floating home, ready to move in, at a price highly reflective of today's current construction costs.

Getting Around

6
WalkingCar-Dependent
0
TransitNo Nearby Transit
38
BikeSomewhat Bikeable

Schools

4/10
1/10
Reynolds Middle SchoolGrades 6-82.0 mi
1/10
Reynolds High SchoolGrades 9-123.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2023

Materials

  • Roof: Metal
  • Construction materials: Cement Siding,Lap Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow,Custom Style
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Built-In Range,Built-In Refrigerator,Dishwasher,Range Hood,Electric Water Heater

Bedroom2

  • Features: Builtin Features
  • Level: Main
  • Area: 117

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • Partial bathrooms: 1
  • Main level bathrooms: 2

Dining Room

  • Level: Main

Features

  • High Ceilings,Quartz,Built-in Features,Kitchen Island,Kitchen Dining Room Combo,Vaulted Ceiling(s),Great Room,Pantry
  • Window features: Vinyl Frames

Heating & Cooling

  • Heating features: Ceiling,Forced Air,Zoned
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 1,038
  • Total interior livable area: 1,038 sqft

Kitchen

  • Features: Builtin Features, Builtin Range, Builtin Refrigerator, Deck, Dishwasher, Island, Kitchen Dining Room Combo,High Ceilings, Vaulted Ceiling
  • Level: Main
  • Area: 192

Living Room

  • Features: Builtin Features, Deck, Great Room,High Ceilings, Vaulted Ceiling
  • Level: Main
  • Area: 621

Master Bedroom

  • Features: Builtin Features
  • Level: Main
  • Area: 154

Property

Details

  • Parcel number: Not Found

Features

  • Stories: 1
  • Patio & porch: Deck,Patio
  • Exterior features: Dock
  • Has view: Yes
  • View description: Mountain(s),River,Trees/Woods
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: River Front
  • Waterbody name: Columbia River

Lot

  • Features: Gated,Private,Trees,SqFt 0K to 2999

Parking

  • Parking features: Off Street,Secured

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
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Volcanic Activity
    Volcanic ActivityModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Cold Wave
Heat Wave
Ice Storm
Strong Wind
Volcanic Activity
Winter Weather

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $2,118$25,416
Home Insurance *$100$1,200
Property Taxes $356$4,272
Electricity $176$2,119
Total$2,750$33,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$94,285/yr
40% on housing$82,500/yr
45% on housing$73,333/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

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.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$404This listing

vs Other Active Listings

Avg $/sqft

ZIP 97230$193
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97230$266
Multnomah County$288

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)

Price History

DateEventPrice
2026-02-07Listed for sale$419,000
2024-04-04Sold$165,000
2024-04-03Pending sale$169,000

For Sale by Agent

AgentJett Even
BrokerageSimpliHOM

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