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305 S Montgomery St, Unit 508, Portland, OR 97201

$795,000
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Property Description

An exceptional penthouse residence set along the banks of the Willamette River in Portland's walkable RiverPlace district, this remarkable home offers the rare balance of expansive living and effortless urban convenience.Encompassing approximately 2,700 square feet, the residence was thoughtfully created by combining two separate units into one beautifully flowing floor plan. The result is an extraordinarily spacious three-bedroom layout with an additional den-ideal for a private office, library, or media retreat. Two generous primary suites provide comfort and flexibility, including one with a truly impressive walk-in closet(12'9 x 12,5) designed to accommodate the most extensive wardrobe with ease.Dramatic 13-foot vaulted ceilings elevate the main living areas, enhancing the sense of light and openness. A striking wood-burning rock fireplace anchors the space, adding warmth, character, and timeless architectural presence.Three private decks extend the living experience outdoors, each offering a unique vantage point of the river. From your expansive, river-facing terrace, enjoy Portland's most beloved waterfront traditions-festive Christmas Ships gliding by in winter and spectacular Fourth of July fireworks illuminating the sky in summer-all from the comfort of home.The kitchen presents a rare and exciting opportunity: a generous footprint awaiting your vision and design touch to transform it into a truly showstopping culinary space. With a recent $200,000 price adjustment, the stage is set for a discerning buyer to create a dream kitchen worthy of the setting.Perfect for those looking to downsize without compromise, this penthouse delivers substantial square footage, refined character, and year-round riverfront living-all within one of downtown Portland's safest and most walkable neighborhoods.A rare offering. An inspired canvas. An extraordinary place to call home.

305 S Montgomery St, Unit 508 | MLS# 205173824

This condo located at 305 S Montgomery St, Unit 508, Portland, OR 97201 is currently listed for sale with an asking price of $795,000. This property was built in 1986 and has 3 bedrooms and 2 full and 1 partial baths with 2720 sq. ft. S Montgomery St, Unit 508 is located in the RIVERPLACE CONDOMINIUMS subdivision. Search RIVERPLACE CONDOMINIUMS real estate on debbiewalsh.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Condominium
Basement: None
Cooling: Central Air
Fireplaces: 1
Fuel Type: Electricity
Garage: 4
Heating: Forced Air
Home Style: Traditional
Roof Type: Flat
Stories: 1.0
Taxes: $8,125
Year Built: 1986
Square Feet: 2,720

Feature Descriptions

Accessibility: Main Floor Bedroom w-Bath, One Level, Walk-in Shower
Bathroom: 2.1 (Main)
Days on Site: 112
Exterior: Covered Deck, Deck
Exterior: Lap Siding, Wood Composite
Fireplace: Wood Burning
HOA Fee: Fee 1 - $2926.00 (Monthly)
Hot Water: Electricity
Interior: Hardwood Floors, Sound System, Vaulted Ceiling(s), Wall to Wall Carpet, Water Purifier
Kitchen: Appliance Garage, Built-in Refrigerator, Dishwasher, Gas Appliances, Pantry, Range Hood, Tile
Lot: Trees
Parking Notes: Tandem, Secured
Sewer: Public Sewer
Special View Info: River
Square Footage: 2720 (Main)
Unit Location: UpperFloor
Water: Public Water
Waterfront: River Front

Room Sizes

2nd Bedroom: 14 X 19 Level - Main
3rd Bedroom: 14 X 16 Level - Main
Dining Room: 11 X 12 Level - Main
Family Room: 18 X 27 Level - Main
Living Room: 15 X 31 Level - Main
Primary Bedroom: 13 X 22 Level - Main

Local Schools

High School: Lincoln
Middle School: West Sylvan
Elementary School: Ainsworth

Listed By / Shown By

Listed By

Agency Name: LUXE Forbes Global Properties
Agency Phone: 503-389-2112

Shown By

Agent Name: Debbie Walsh Broker
Agent Phone: (541) 419-4576
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 4,928.91 per month $4,019.95 Principal & Interest $677.08 Property Tax $231.88 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/21/2026. The listing information on this page last changed on 06/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 06/21/2026 12:03:01 AM EST) or RMLS (last updated Sat 06/20/2026 10:43:17 AM EST) or COAR/MLSCO (last updated Sun 06/21/2026 12:01:20 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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