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.
Sold
$275,000
11638 N Island Cove Ln, Portland, OR 97217
2beds
1,648sqft
Residential
Built in 1978
-- sqft lot
$274,200 Zestimate®
$167/sqft
$2,980 Estimated rent
Home value
$274,200
$258,000 - $293,000
$2,980/mo
Zestimate® history
Owner options
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$1,719/mo
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List your homeWhat's special
Generous living spaceOpen-concept designUnforgettable viewsRoom for two boatsTwo wraparound decksCovered deck accessStunning river views
Zillow last checked:
Listing updated:
Listed by:
Alissa Westmoreland 503-951-9765,
Divine NW Realty
Bought with:
Dave Van Nus, 200603420
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 331798577
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Bedroom 2
- Level: Lower
Dining room
- Level: Main
Kitchen
- Level: Main
Heating
- Mini Split
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Washer/Dryer, Electric Water Heater
Features
- Granite
- Flooring: Wood
- Windows: Vinyl Frames
Interior area
- Total structure area: 1,648
- Total interior livable area: 1,648 sqft
Property
Parking
- Parking features: Secured
Accessibility
- Accessibility features: Parking, Accessibility
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Patio
- Exterior features: Dock
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay Front, River Front
- Body of water: Columbia
Lot
- Features: Corner Lot, Gated, On Busline, SqFt 0K to 2999
Details
- Additional structures: Dock
- Parcel number: Not Found
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Materials
- Wood Siding
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security Gate
HOA
- Has HOA: No
- Amenities included: Commons, Gated, Maintenance Grounds, Sewer, Trash, Water
- HOA fee: $1,545 monthly
Location
- Region: Portland
Financial & listing details
- Price per square foot: $167/sqft
- Annual tax amount: $5,878
- Date on market: 3/1/2026
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Sold | $275,000$167/sqft |
Source:  RMLS (OR) #331798577 Report a problem | ||
| 3/17/2026 | Pending sale | $275,000$167/sqft |
Source: RMLS (OR) #331798577 Report a problem | ||
| 3/1/2026 | Listed for sale | $275,000+27.3%$167/sqft |
Source: RMLS (OR) #331798577 Report a problem | ||
| 6/28/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/10/2021 | Listed for rent | $1,800+20%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/13/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/17/2019 | Listing removed | $1,500$1/sqft |
Source: Owner Report a problem | ||
| 11/23/2019 | Listed for rent | $1,500$1/sqft |
Source: Owner Report a problem | ||
| 8/3/2017 | Sold | $216,000-16.9%$131/sqft |
Source: RMLS (OR) #17543537 Report a problem | ||
| 7/8/2017 | Pending sale | $259,900$158/sqft |
Source: Divine NW Realty #17543537 Report a problem | ||
| 6/12/2017 | Listed for sale | $259,900$158/sqft |
Source: Divine NW Realty #17543537 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Hayden Island
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Nearby schools
GreatSchools rating
- 6/10Faubion Elementary SchoolGrades: PK-8Distance: 3.1 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 3.1 mi
- 2/10Roosevelt High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Faubion
- Middle: Faubion
- High: Roosevelt
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$274,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$274,200
- Oregon
- Multnomah County
- Portland
- 97217
- Hayden Island
- 11638 N Island Cove Ln
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