As if one cute floating home weren't enough of a draw, how about two, so you can share the life aquatic with your friends? Such is just what this listing has to offer: two freshly updated floating homes on a shared slip. Combined, they offer a modest 1,022 square feet of living space, plus a generous amount of riverfront deck space. Which, after all, is the whole point of living on the water.

Located in the Macadam Bay Club, the setting couldn't be more different from the bustle of nearby South Macadam Avenue. The moorage has a dedicated parking lot, with two spots included for this particular property, and the entry ramp arcs over a treelined riverbank, which is what provides the main house with its bucolic view.

The 2023 remodel started from the bottom up, upgrading the float foundation with new steel and wood beams, extending it by 220 square feet, and refreshing the deck with Azek/TimberTech composite decking. The exterior maintains its classic shingle look, punched up with aqua blue trim, while the interiors reveal new kitchens and baths, plus space-saving built-ins.

The smaller house is called the "Casita" and has a studio-style layout, with a living room immediately inside the front door, and the bedroom at the rear. The kitchenette and a full bathroom act as buffers in-between. The living room is cozy, with tall ceilings crisscrossed with wood beams, a sliding glass door to the deck, and built-in bookshelves flanking the fireplace. Meanwhile, the kitchenette offers just the right appliances—wine fridge, dishwasher, and microwave—for low-maintenance living. It's the perfect setup for guest quarters, whether rented for extra income or made available to friends and family.

The main house takes a similar approach to its aesthetics, also with high, airy ceilings, this time clad in wood, and an even bigger glass door that's the full width of the wall. It opens on to the deck, and is topped with clerestory windows to maximize the view. Space-saving measures include the lofted sleeping area, accessed by a ladder, cabinetry, and a Murphy bed in the living room. Patterned tile outfits the fireplace surround and full kitchen, while the bathroom keeps to more neutral tones.

Naturally, a riverfront property like this should come well equipped for the ideal Portland summer weekend. Here, that includes outdoor essentials like a boat slip, a grill station (furnished by a gas line), and all that aforementioned deck space for dining, lounging in the sun, and launching oneself into the water at any given moment.   

Listing Fast Facts

• Address: 7720 S Macadam Ave, Portland, OR 97219
• Size: 1,022 square feet/2 bedroom/2 bath
• List Date: 4/24/2026
• List Price: $499,000, with $665/month HOA (for sewer, trash, water, and moorage maintenance)
• Listing Agents: Kendall Bergstrom-DeLancellotti and Ty DeLancellotti, Cascade Hasson Sotheby's International Realty

Melissa Dalton is a freelance writer who has focused on Pacific Northwest design and lifestyle since 2008. Contact Dalton here. 

Editor’s Note: Portland Monthly’s “Property Watch” column takes a weekly look at an interesting home in Portland’s real estate market (with periodic ventures to the burbs and points beyond, for good measure). Got a home you think would work for this column? Get in touch at [email protected].