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165 N Lotus Beach Dr, Portland, OR, 97217

2beds
4baths
4,644sqft
$824,000
$177price/sqft
$6,078/moest. monthly cost
$243,120/yrincome needed

About This Home

Come & Claim an unrivaled position in the most coveted enclave of Hayden Island with this once-in-a-generation legacy property, offered for the first time in over three decades. Cherished by original owners, this custom-designed residence serves as a masterclass in robust engineering, specifically tailored for a sophisticated waterfront lifestyle. While the interior remains a pristine canvas awaiting your modern vision, the home’s world-class foundation provides the ultimate structural integrity to curate a contemporary masterpiece in an irreplaceable location. Nestled within an exclusive, gated community on the Columbia River, this property promises absolute serenity and security. It is a true boater’s paradise with premier river access and exclusive moorage options like the Columbia River Yacht Club steps away, while Columbia Edgewater Country Clubs & Heron Lakes cater to golf enthusiasts. Despite its secluded feel, the estate offers seamless global connectivity with rapid proximity to Portland International Airport. The thoughtful architectural footprint balances grand-scale entertaining with quiet relaxation, anchored by breathtaking river panoramas that sweep through nearly every room. The versatile layout features two generous primary suites—one on each level—a dedicated home office, and flexible spaces perfect for galleries. Creatives will appreciate the specialized artist’s workshop with a private entrance, while car collectors are accommodated by a spacious three-car garage. Modern essentials include a built-in vacuum, integrated music system, and generator-ready electrical panel. Life within this community includes access to a private clubhouse, swimming pool, sauna, and courts for tennis and pickleball. Priced to accommodate a high-end renovation, this "bones and views" investment invites you to transform a solidly built classic into the definitive crown jewel on the Columbia River. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10245212]

Getting Around

27
WalkingCar-Dependent
39
TransitSome Transit
50
BikeBikeable

Schools

6/10
Faubion Elementary SchoolGrades PK-83.0 mi
5/10
Jefferson High SchoolGrades 9-123.2 mi
2/10
Roosevelt High SchoolGrades 9-123.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1994

Materials

  • Foundation: Concrete Perimeter
  • Roof: Metal,Other
  • Construction materials: Cedar,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: NW Contemporary
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Built In Oven,Built-In Range,Cooktop,Dishwasher,Disposal,Down Draft,Free-Standing Range,Free-Standing Refrigerator,Range Hood,Stainless Steel Appliance(s),Water Purifier,Washer/Dryer,Appliance Garage,Convection Oven,Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Patio, Sound System,Double Closet, Ensuite, Wallto Wall Carpet
  • Level: Main
  • Area: 225

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 4
  • Full bathrooms: 2
  • Partial bathrooms: 2
  • Main level bathrooms: 3

Dining Room

  • Features: Formal,Wallto Wall Carpet
  • Level: Main
  • Area: 182

Family Room

  • Features: Bookcases, Ceiling Fan, Loft, Skylight,Vinyl Floor
  • Level: Upper
  • Area: 360

Features

  • Ceiling Fan(s),Central Vacuum,High Ceilings,High Speed Internet,Sound System,Vaulted Ceiling(s),Wainscoting,Built-in Features,Double Closet,Formal,Bookcases,Loft,Cook Island,Kitchen Dining Room Combo,Wet Bar,Pantry
  • Door features: Sliding Doors
  • Window features: Double Pane Windows,Skylight(s),Garden Window(s)
  • Flooring: Cork,Tile,Vinyl,Wall to Wall Carpet
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Other,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,644
  • Total interior livable area: 4,644 sqft

Kitchen

  • Features: Appliance Garage, Cook Island, Dishwasher, Disposal, Down Draft, Garden Window, Kitchen Dining Room Combo, Sliding Doors,Convection Oven, Cork Floor, Free Standing Range, Free Standing Refrigerator
  • Level: Main
  • Area: 238

Living Room

  • Features: Fireplace, Sound System,Wallto Wall Carpet
  • Level: Main
  • Area: 364

Master Bedroom

  • Features: Deck, Sound System,Ensuite, Flex Room, Wet Bar
  • Level: Upper
  • Area: 300

Office

  • Features: Builtin Features, Ceiling Fan, Skylight,Wainscoting
  • Level: Main
  • Area: 140

Property

Accessibility

  • Accessibility features: Accessible Hallway,Builtin Lighting,Caregiver Quarters,Garage On Main,Main Floor Bedroom Bath,Natural Lighting,Pathway,Accessibility

Details

  • Parcel number: R177808
  • Other equipment: Irrigation Equipment

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Patio & porch: Patio,Deck
  • Exterior features: Tennis Court(s),Water Feature,Yard
  • Has view: Yes
  • View description: Bay,Mountain(s),River
  • Has water view: Yes
  • Water view: Bay,River
  • On waterfront: Yes
  • Waterfront features: Bay Front,River Front
  • Waterbody name: Hayden Bay

Lot

  • Lot size: 7,405 sqft
  • Features: Gated,Gentle Sloping,Sprinkler,SqFt 7000 to 9999

Parking

  • Total spaces: 3
  • Parking features: Driveway,Secured,RV Boat Storage,Garage Door Opener,Attached,Extra Deep Garage,Oversized
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

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 FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Ice Storm

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 $4,166$49,992
Home Insurance *$182$2,184
Property Taxes $1,309$15,708
Electricity $421$5,057
Total$6,078$72,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$208,388/yr
40% on housing$182,340/yr
45% on housing$162,080/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

$177This listing

vs Other Active Listings

Avg $/sqft

ZIP 97217$224
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97217$279
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
2026-03-01Listed for sale$1,050,000

For Sale by Agent

AgentKen McLarty
BrokerageChristie's International Real Estate Evergreen

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