A truly rare offering — the first penthouse, of it’s kind, available in the building in over a decade — this exceptional corner residence distinguishes itself with one of the largest and most coveted outdoor living spaces in the South Waterfront. Designed to fully embrace the spectacular Mt. Hood and river views, the expansive terrace creates an unparalleled setting for entertaining, relaxing, or simply taking in the serenity of the waterfront below.Perched on the 22nd floor of the prestigious Atwater Place, this extraordinary penthouse offers a front-row seat to some of Portland’s most breathtaking natural beauty. Wake each morning to the glow of the sunrise illuminating majestic Mount Hood, coffee in hand, as panoramic views stretch across the Willamette River and beyond. From dawn to dusk, the ever-changing riverfront creates a living work of art just outside your windows. Equally rare is the inclusion of a true third bedroom, offering added flexibility for guests, a private office, or additional luxury living space. High end Dacor cooktop and Built-in refrig. Floor-to-ceiling windows throughout the home capture sweeping panoramic vistas while filling the residence with natural light from multiple exposures. Positioned along the shores of the Willamette River in one of downtown Portland’s most desirable and safe neighborhoods, residents enjoy miles of scenic waterfront walking and cycling paths just steps from the building. Sophisticated, private, and undeniably impressive, this penthouse represents a once-in-a-generation opportunity to own one of South Waterfront’s most impressive residences.
Pending
$2,100,000
841 SW Gaines St Unit 2204, Portland, OR 97239
3beds
2,792sqft
Residential, Condominium
Built in 2007
-- sqft lot
$2,062,500 Zestimate®
$752/sqft
$2,225/mo HOA
What's special
Sweeping panoramic vistasExceptional corner residenceExpansive terraceHigh end dacor cooktop
- 15 days |
- 319 |
- 13 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Brad Golik 503-896-8856,
LUXE Forbes Global Properties
Source: RMLS (OR),MLS#: 733550463
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 3
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Ensuite, Walkin Closet, Walkin Shower
- Level: Main
Bedroom 2
- Features: Closet
- Level: Main
Bedroom 3
- Features: Closet
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Built In Oven, Built-In Refrigerator, Dishwasher, Gas Appliances, Microwave, Range Hood, Stainless Steel Appliance(s), Wine Cooler, Washer/Dryer, Gas Water Heater
Features
- Quartz, Sound System, Closet, Walk-In Closet(s), Walkin Shower
- Flooring: Hardwood
- Windows: Double Pane Windows
- Basement: Other
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 2,792
- Total interior livable area: 2,792 sqft
Property
Parking
- Total spaces: 2
- Parking features: Condo Garage (Deeded), Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessible Entrance, Accessibility
Features
- Stories: 1
- Entry location: Upper Floor
- Patio & porch: Covered Deck, Deck
- Has view: Yes
- View description: Mountain(s), River
- Has water view: Yes
- Water view: River
- Waterfront features: River Front
- Body of water: Willamette River
Lot
- Features: Level
Details
- Parcel number: R609104
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Residential, Condominium
Materials
- Aluminum Siding, Metal Siding, Other
- Foundation: Slab
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 2007
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Condo Elevator, Condo Concierge
- Security: Entry
- Subdivision: South Waterfront/Atwater Place
HOA
- Has HOA: Yes
- Amenities included: All Landscaping, Commons, Concierge, Exterior Maintenance, Insurance, Maintenance Grounds, Meeting Room, Sewer, Trash, Water
- HOA fee: $2,225 monthly
Location
- Region: Portland
Financial & listing details
- Price per square foot: $752/sqft
- Tax assessed value: $1,590,130
- Annual tax amount: $28,642
- Date on market: 8/10/2026
- Cumulative days on market: 15 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$2,062,500
$1.96M - $2.17M
$5,619/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Pending sale | $2,100,000$752/sqft |
Source:  RMLS (OR) #733550463 Report a problem | ||
| 8/11/2026 | Listed for sale | $2,100,000-20.8%$752/sqft |
Source: RMLS (OR) #733550463 Report a problem | ||
| 8/4/2017 | Listing removed | $2,650,000$949/sqft |
Source: Windermere Stellar #17438039 Report a problem | ||
| 6/24/2017 | Listed for sale | $2,650,000$949/sqft |
Source: Windermere Stellar #17438039 Report a problem | ||
| 4/13/2017 | Listing removed | $2,650,000$949/sqft |
Source: Windermere Stellar #17438039 Report a problem | ||
| 2/17/2017 | Listed for sale | $2,650,000$949/sqft |
Source: Windermere Stellar #17438039 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $28,642 -4% | $1,163,400 +3% |
| 2024 | $29,833 +2.8% | $1,129,520 +3% |
| 2023 | $29,032 +2.2% | $1,096,630 +3% |
| 2022 | $28,403 +1.7% | $1,064,690 +3% |
| 2021 | $27,922 +9% | $1,033,680 +3% |
| 2020 | $25,613 +3.8% | $1,003,580 +3% |
| 2019 | $24,671 | $974,350 +3% |
| 2018 | $24,671 +3% | $945,980 +3% |
| 2017 | $23,946 +14% | $918,430 +3% |
| 2016 | $21,001 | $891,680 +3% |
| 2015 | $21,001 +2.7% | $865,710 +3% |
| 2014 | $20,450 +11% | $840,500 +3% |
| 2013 | $18,427 +18.2% | $816,020 +3% |
| 2012 | $15,594 -3.3% | $792,260 +3% |
| 2011 | $16,128 -14.3% | $769,190 -15.1% |
| 2010 | $18,819 -1.8% | $905,670 +3% |
| 2009 | $19,157 +35.4% | $879,300 +31.7% |
| 2008 | $14,144 | $667,660 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Corbett-Terwilliger-Lair Hill
Nearby schools
GreatSchools rating
- 9/10Capitol Hill Elementary SchoolGrades: K-5Distance: 2.6 mi
- 8/10Jackson Middle SchoolGrades: 6-8Distance: 3.8 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Capitol Hill
- Middle: Jackson
- High: Ida B Wells
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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