11638 N Island Cove LN

Portland, OR 97217

Spacious and full of natural light, this floating home offers expansive living areas on both levels with an open-concept design. The kitchen features granite countertops and flows seamlessly into the main living space, where a slider opens to the upper wraparound deck with stunning river views and a front-row seat to the Christmas Ships parade.Currently configured as two separate units, the lower level is rented for $1,600 per month and includes a private bedroom, efficiency kitchenette, generous living space, and covered deck access—providing immediate income potential. Both units share a washer and dryer for convenience.The home could easily be converted back into a beautiful two-story residence, featuring two wraparound decks and two private boat slips right out front. A craftsman-style tool shop adds the perfect space for projects, storage, or hobbies.With secured parking, room for two boats, flexible living options, and unforgettable views, this home is ideal for full-time waterfront living or the perfect part-time river retreat.

Listing courtesy of Alissa Westmoreland of Divine NW Realty (503) 951-9765



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than 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 website may subsequently have sold or may no longer be available.

Last checked 2026-03-02 01:08 PM PST.

All information provided is deemed reliable but is not guaranteed and should be independently verified