305 S MONTGOMERY St, Portland, OR 97201

• 3 beds |
• 3 baths |
• 2,720 sqft

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.

Listing Status:

Active

Date Added:

February 28, 2026

Data Last Updated:

March 1, 2026 at 3:42PM

Listing Office:

LUXE Forbes Global Properties : 503-389-2112

Listing Agent:

Brad Golik : 503-896-8856

MLS ID:

205173824

Interior

• General: Hardwood floorsSound systemVaulted ceilingWallto wall carpetWater purifier
• Appliances: Appliance garageBuiltin refrigeratorDishwasherGas appliancesPantryRange hoodTile
• Basement: None
• A/C: Central air
• Heating: Forced air
• Fireplace: Wood burningFireplaceFireplaces: 1
• Disability Feature: Main floor bedroom bathOne levelWalkin shower

Exterior

• General: Lap sidingWood compositeCovered deckDeck
• Style: Traditional
• Parking: SecuredParking spaces: 4

Construction

• Roofing: Flat
• Windows: DoublePaneWindows
• General: Slab

Location

• Road/Access: Paved
• HOA Amenities: CommonsExterior maintenanceInsuranceMaintenance groundsManagementSewerTrashWater2926.0Monthly
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: RIVERPLACE CONDOMINIUM NO 1BLDG F LOT 508R256554
• View: View

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.