Water rights included! Escape to your own private riverfront retreat where everyday life feels like a vacation. Nestled on 1.34 picturesque acres, this beautifully maintained single-level home offers 3 bedrooms, 2 bathrooms, and the rare opportunity to enjoy true waterfront living with direct river access right from your backyard. Imagine starting your mornings with coffee overlooking the water, spending afternoons fishing from your own property, launching a kayak or paddleboard whenever the mood strikes, and ending the day relaxing in the hot tub as the sun sets over the river. This is more than a home, it's a lifestyle. The expansive property provides the perfect blend of open space and privacy, complete with mature fruit trees (Peach, Pear, Fig, Apple, Cherry, Plum & Grape Vines) that create a peaceful park-like setting. A massive 40' x 40' powered shop offers endless possibilities for RV storage, boats, hobbies, woodworking, a home business, or additional recreational space. RV hook up with power, sewer dump and plumbed for water. Energy-efficient owned solar panels help keep utility costs exceptionally low, with current electricity bills averaging approximately $15 per month—providing long-term savings without sacrificing comfort. Whether you're searching for a full-time residence, a weekend getaway, or your own outdoor paradise, this unique riverfront property delivers the perfect combination of comfort, recreation, and self-sufficiency. With room to roam, incredible waterfront access, and unforgettable views, opportunities like this are few and far between. Country living yet close to it all. Bring your fishing pole, kayak, paddleboard, and sense of adventure, your dream riverfront lifestyle starts here. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249412]
Active
$699,900
25515 SW Rainbow Ln, Hillsboro, OR 97123
3beds
1,536sqft
Residential, Single Family Residence
Built in 1953
1.34 Acres Lot
$-- Zestimate®
$456/sqft
$-- HOA
What's special
Private riverfront retreatUnforgettable viewsPeaceful park-like settingIncredible waterfront accessBeautifully maintained single-level home
- 7 days |
- 1,459 |
- 100 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Darcie VanderZanden 503-504-2720,
Keller Williams Sunset Corridor,
Chase Underwood 503-431-1969,
Keller Williams Sunset Corridor
Source: RMLS (OR),MLS#: 685328944
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Ceiling Fan, Deck, Barn Door, Closet, Ensuite, Walkin Shower
- Level: Main
- Area: 225
- Dimensions: 15 x 15
Bedroom 2
- Features: Ceiling Fan, Closet
- Level: Main
- Area: 143
- Dimensions: 11 x 13
Bedroom 3
- Features: Ceiling Fan, Double Closet, Sunken
- Level: Main
- Area: 306
- Dimensions: 17 x 18
Dining room
- Features: Eat Bar, Laminate Flooring, Sink
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Family room
- Features: Ceiling Fan, Deck, Sliding Doors, Laminate Flooring
- Level: Main
- Area: 255
- Dimensions: 17 x 15
Kitchen
- Features: Eat Bar, Nook, Free Standing Range, Free Standing Refrigerator, Laminate Flooring
- Level: Main
- Area: 110
- Width: 11
Living room
- Features: Ceiling Fan, Laminate Flooring, Wood Stove
- Level: Main
- Area: 247
- Dimensions: 19 x 13
Heating
- Forced Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Closet, Double Closet, Sunken, Eat Bar, Sink, Nook, Walkin Shower
- Flooring: Laminate, Wood
- Doors: Sliding Doors
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 1,536
- Total interior livable area: 1,536 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Driveway, RV Access/Parking, RV Boat Storage, Attached, Extra Deep Garage, Oversized
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Minimal Steps, One Level, Accessibility
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Deck, Deck
- Exterior features: Fire Pit, RV Hookup, Yard
- Has spa: Yes
- Spa features: Free Standing Hot Tub
- Fencing: Fenced
- Has view: Yes
- View description: River, Territorial, Trees/Woods
- Has water view: Yes
- Water view: River
- Waterfront features: River Front
- Body of water: Tualatin River
Lot
- Size: 1.34 Acres
- Features: Flood Zone, Level, Private, Sloped, Terraced, Trees, Acres 1 to 3
Details
- Additional structures: Outbuilding, RVParking, RVBoatStorage, Workshop
- Additional parcels included: R564785,R564801
- Parcel number: R564794
- Zoning: AF-5
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding
- Roof: Composition,Shingle
Condition
- Resale
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
Green energy
- Energy generation: Solar
Community & HOA
HOA
- Has HOA: No
Location
- Region: Hillsboro
Financial & listing details
- Price per square foot: $456/sqft
- Tax assessed value: $424,570
- Annual tax amount: $3,855
- Date on market: 7/3/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Listed for sale | $699,900+40%$456/sqft |
Source:  RMLS (OR) #685328944 Report a problem | ||
| 5/29/2024 | Sold | $500,000+9.9%$326/sqft |
Source: RMLS (OR) #24623766 Report a problem | ||
| 4/4/2024 | Listing removed | $2,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/15/2024 | Price change | $2,500-3.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/9/2024 | Price change | $2,600-3.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/12/2024 | Price change | $2,700-3.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/8/2024 | Listed for rent | $2,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/13/2024 | Listed for rent | $2,800-12.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/19/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/13/2023 | Listed for rent | $3,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/2/2021 | Sold | $455,000+1.1%$296/sqft |
Source: RMLS (OR) #21311535 Report a problem | ||
| 9/29/2021 | Pending sale | $450,000$293/sqft |
Source: RMLS (OR) #21311535 Report a problem | ||
| 9/23/2021 | Listed for sale | $450,000+16.9%$293/sqft |
Source: RMLS (OR) #21311535 Report a problem | ||
| 12/17/2018 | Sold | $385,000$251/sqft |
Source: Public Record Report a problem | ||
| 7/2/2018 | Sold | $385,000-2.5%$251/sqft |
Source: RMLS (OR) #18247812 Report a problem | ||
| 5/17/2018 | Pending sale | $394,900$257/sqft |
Source: Zip Realty Residential Brokerage - Zip - Portland #18247812 Report a problem | ||
| 5/12/2018 | Price change | $394,900-1.3%$257/sqft |
Source: Zip Realty Residential Brokerage - Zip - Portland #18247812 Report a problem | ||
| 4/26/2018 | Price change | $399,900-2.9%$260/sqft |
Source: Zip Realty Residential Brokerage - Zip - Portland #18247812 Report a problem | ||
| 4/5/2018 | Listed for sale | $412,000+100%$268/sqft |
Source: Zip Realty Residential Brokerage #18247812 Report a problem | ||
| 11/30/2011 | Sold | $206,000+3%$134/sqft |
Source: Public Record Report a problem | ||
| 8/23/2011 | Price change | $200,000-12.7%$130/sqft |
Source: RE/MAX EQUITY GROUP SUNSET CORRIDOR #11418679 Report a problem | ||
| 7/3/2011 | Price change | $229,000-2.6%$149/sqft |
Source: RE/MAX EQUITY GROUP SUNSET CORRIDOR #11418679 Report a problem | ||
| 5/20/2011 | Listed for sale | $235,000-11%$153/sqft |
Source: RE/MAX EQUITY GROUP SUNSET CORRIDOR #11418679 Report a problem | ||
| 5/9/2008 | Sold | $264,100+39%$172/sqft |
Source: Public Record Report a problem | ||
| 12/12/1996 | Sold | $190,000$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,749 +1.3% | $282,860 +3% |
| 2024 | $3,700 +2.9% | $274,630 +3% |
| 2023 | $3,595 +2.6% | $266,640 +3% |
| 2022 | $3,503 +1.8% | $258,880 |
| 2021 | $3,440 +2.2% | -- |
| 2020 | $3,368 +3.8% | $244,020 +3% |
| 2019 | $3,243 +3.3% | $236,920 |
| 2018 | $3,140 | $236,920 +6.1% |
| 2017 | $3,140 +9.4% | $223,330 +3% |
| 2016 | $2,871 | $216,830 +3% |
| 2015 | $2,871 +4.5% | $210,520 +3% |
| 2014 | $2,748 +5.7% | $204,390 +3% |
| 2013 | $2,599 +1% | $198,440 +1.2% |
| 2012 | $2,573 -1.1% | $196,000 -5.3% |
| 2011 | $2,601 +1.6% | $206,900 +2.5% |
| 2010 | $2,560 +3.3% | $201,820 -6.5% |
| 2009 | $2,478 +6.9% | $215,760 -14.5% |
| 2008 | $2,319 -4.4% | $252,260 +4% |
| 2007 | $2,426 +27.6% | $242,480 +19.5% |
| 2006 | $1,901 -1% | $202,970 +11.1% |
| 2005 | $1,920 | $182,720 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 97123
Nearby schools
GreatSchools rating
- 7/10Groner Elementary SchoolGrades: K-8Distance: 0.8 mi
- 4/10Hillsboro High SchoolGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- Elementary: Groner
- Middle: Groner
- High: Hillsboro
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Washington County
- Hillsboro
- 97123
- 25515 SW Rainbow Ln
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