HAYDEN ISLAND / JANTZEN BEACH Homes under $500,000

Welcome to the enchanting neighborhood of Hayden Island and Jantzen Beach, a hidden gem nestled in the vibrant city of Portland, Oregon. This picturesque area, located in Multnomah County, is bordered by the sparkling waters of the Columbia River, providing residents with stunning waterfront views and an abundance of recreational opportunities.

Hayden Island is known for its serene atmosphere, combining the charm of suburban living with the conveniences of urban life. With lush parks, walking trails, and easy access to the river, it’s a paradise for outdoor enthusiasts. The nearby Jantzen Beach area offers a delightful mix of shopping, dining, and entertainment options—perfect for families and individuals alike.

For those seeking a home that won’t break the bank, Hayden Island and Jantzen Beach present an array of options under $500,000. Here, you can find cozy single-family homes and modern condos that cater to various lifestyles. Whether you’re a first-time homebuyer or looking to downsize, this neighborhood offers affordable housing without sacrificing quality of life.

With its friendly community vibe, excellent schools, and convenient access to Portland's bustling downtown, Hayden Island and Jantzen Beach are ideal for anyone looking to embrace the best of Oregon living. Discover your dream home in this charming neighborhood, where the beauty of nature meets the comforts of home. Come experience the warmth and character of Hayden Island and Jantzen Beach today!

Newest HAYDEN ISLAND / JANTZEN BEACH Homes under $500,000

$499,000

2 Beds ⋅ 2 Baths ⋅ 614217186 MLS ⋅ ACTIVE Status

This home hasn't been on the market in 40 years — a rare, floating home on North Portland Harbor with uninterrupted east-to-west water views, sunrises and sunsets right from your own dock, and a view of Mt. Hood to top it off. Original wood paneling runs throughout, and the living room has a gas fireplace along with a striking spiral staircase — with a water feature at its base — leading up to the second level. The upstairs bedroom is oversized and works equally well as a second bedroom or a family room. There's also a large attic space, previously used as an office, that could easily become a third bedroom, playroom, office, or extra storage. A 3/4 bath rounds out the 2nd level.The kitchen has been updated with a glass tile backsplash, gas cooktop, and Bosch built-in microwave & oven.The primary bdrm is on the main w/ a ensuite bath that has an updated walk-in shower. Other recent updates include a tankless water heater and a new electrical panel (spring 2026). The home carries a 4-float rating with log and steel stringers (report upon request). Beyond that, it's ready for a new owner's cosmetic touch — solid bones, original details, and room to make it your own.This is life on the water, in every season. Warm days are made for paddleboarding or kayaking straight from your home down to the Island Cafe for lunch, and a short boat ride puts you in the main channel of the Columbia for some of the best fishing around — or just fish right off your own front deck. Come winter, watch the rain and fog roll over the river while you stay cozy by the fireplace, and every December this home has a front-row seat to the iconic Portland Christmas Ship Parade — the perfect excuse to host your holiday party. Located in the Tomahawk floating home community: a gated, self-run HOA that keeps dues low, and an active Yacht Club with reciprocal privileges at yacht clubs worldwide. About 15 minutes to PDX, 10 minutes to downtown Portland, and 5 minutes to downtown Vancouver, WA.

550 N Tomahawk Island Dr., Portland

Courtesy of Keller Williams Premier Partners

$349,900

3 Beds ⋅ 2 Baths ⋅ 146025691 MLS ⋅ ACTIVE Status

Welcome to this stunning remodeled waterfront condo in a sought-after Hayden Bay marina community! Nestled between the Columbia River & North Portland Harbor, this prime location offers an unbeatable lifestyle steps from scenic walking trails & minutes to the vibrant Vancouver Waterfront. Enjoy instant access to the marina & docks right outside your window! Inside, expansive windows flood the open floor plan with natural light, highlighting historic exposed wood beam ceilings and a cozy living room fireplace. The updated kitchen features stainless steel appliances, quartz countertops, and modern cabinetry, with open sightlines to the dining area and water views beyond. Step outside to an oversized, partially covered patio that leads directly to a grassy communal yard area—perfect for relaxing by the river. The main-level ensuite (primary on main option) with full bath features patio access & a Murphy bed. Upstairs, the spacious primary suite serves as a true retreat with sweeping bay views with its own private balcony. A 3rd bedroom, full (remodeled bathroom), storage space and laundry room complete the upper level. Resort-style amenities include a clubhouse, pool, 2 parking spots (one covered), & spacious exterior storage. Live where you play, surrounded by water and trails! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10195996]

520 N HAYDEN BAY DR, Portland

Courtesy of Keller Williams Realty Professionals

$320,000

2 Beds ⋅ 1 Baths ⋅ 607736810 MLS ⋅ ACTIVE Status

Rare opportunity to own one of only nine coveted corner slips in the Tomahawk Island Floating Home community with unobstructed western views and sweeping vistas of Portland Harbor. Positioned to capture incredible sunsets, open water, and an unmatched sense of privacy, this floating home offers a truly special waterfront setting. This moorage is also a certified Yacht Club w/ reciprical rights to yacht clubs world wide. Small community of 70 homes, pet friendly moorage with gated parking. The home itself will require improvements, including float work and interior updates, making this an ideal opportunity for buyers looking to renovate, reimagine, or create their own custom floating retreat. The real value lies in the ownership of this premier slip location — one of the best positions in the community.Features include expansive outdoor deck space, abundant natural light, and direct access to the unique floating home lifestyle just minutes from Portland amenities. Whether you envision a full restoration, modern redesign, or long-term investment, opportunities like this rarely come available in this moorage.Bring your vision and unlock the potential of this exceptional waterfront property.

580 N Tomahawk Island Dr DR, Portland

Courtesy of Keller Williams Premier Partners

$215,000

1 Beds ⋅ 1 Baths ⋅ 798285965 MLS ⋅ ACTIVE Status

Assumable loan at 2.85% rate, inquire for further details. Own in Portland for $215K without buying a fixer! This 1BD/1BA condo utilizes its square footage well, and has everything you need without a bunch of unnecessary space. Perfect for downsizing, or living and loving the simple island life! Features step-in shower, large primary bedroom, ample living room, close-by dedicated parking space and easy first floor access. One level. No stairs. Easy living. Community amenities include 2 clubhouses with workout equipment, pool table, and more. Two pools are on the property, as well as a basketball and tennis court.

478 N HAYDEN ISLAND DR, Portland

Courtesy of Keller Williams Sunset Corridor

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