Prestigious recreation destination and unique opportunity to own beloved property within the Oregon Yacht Club. First time ever on market for this lovely home, located in Slip #1 at bottom of ramp. Price includes home, ownership of 3 large floats on both sides of the dock, and shared ownership in upland shore property. Est value is $650K per OYC share. Creative opportunity and canvas to build new tender and/or guest house or long-term rental investment. Legacy home, legacy location on Willamette River, deep in the heart and history of Sellwood Oaks Park Community. Enjoy walls of windows with views from inside, sliders to expansive decks and best of outdoor living space. Good utility in home with 3 BR and 2 1/2 bath, laundry area, open concept living room and well-appointed kitchen with lots of storage. High beamed ceilings, with soothing tongue and groove woodwork. Oaks Amusement Park and all associated recreation events and activities are minimal steps away. Premiere recreational property for living on the water. All City amenities available within minutes should you decide to leave the peace and serenity of your home. Or "staycation" and relax in the midst of all that nature offers with best of tranquil mornings and evening sunsets. Enjoy herons, eagles, otters and other wildlife. They like to visit. Maybe you prefer to get into the action with swimming, kayaking, sailing, boating or boarding - so many water options just off your private deck with atrium. Hit the woods, or a beach trail and explore the trees along shore in your private enchanted forest. Endless places to venture. Proximity to Portland bike trails, OMSI, Sellwood Park, OHSU, Waverly Yacht Club. The good list goes on and on!