A Property with Space, Story, and Flexibility
Set on scenic Sauvie Island, this distinctive estate brings together two homes, open land, and a wide range of lifestyle possibilities. Whether you’re looking for multi-generational living, guest space, hobby farm potential, or room to create and work, this property offers a rare combination of character and function.
Known as the “Penny Lane” property, this estate includes two distinct residences positioned across 15.5 acres of picturesque countryside. The layout creates both connection and privacy, making it ideal for buyers who want room to gather while still having separate, livable spaces.
In addition to the homes, the property includes a pole barn with office space and multiple outbuildings that open the door to storage, creative work, workshops, or recreational use.
- Two homes on one tax lot
- Expansive usable land in a peaceful island setting
- Pole barn with office plus multiple outbuildings
- Ideal for hobby farm, livestock, chickens, studio, or storage
The Penny Lane House | 19490 NW Gillihan
The newer Mediterranean home with spacious single-level living and added flexibility.
Known as the Penny Lane house, 19490 NW Gillihan is the newer Mediterranean-style residence on the property. Built in 2009, it offers a spacious single-level layout, a large primary suite, and a beautifully integrated outdoor setting.
An attached in-law quarters with its own kitchenette and private exterior entrance adds even more flexibility for guests, extended living, or separate private space.
- 19490 NW Gillihan
- Newer Mediterranean-style home
- Built in 2009
- Single-level layout
- Large primary suite
- Attached in-law quarters with kitchenette and separate entrance
- Built under a farm exemption
Penny Lane House Gallery
The Ranch House | 19330 NW Gillihan
A ranch-style home with comfortable everyday living and strong connection to the land.
19330 NW Gillihan is the ranch-style residence on the property, offering an inviting layout, open flow, and comfortable everyday livability. It has the kind of warmth and ease that makes it feel instantly welcoming.
This home also offers potential for conversion to an accessory dwelling unit, adding flexibility for future use (buyer to verify with the City of Portland regarding zoning and permitted uses).
- 19330 NW Gillihan
- Classic ranch-style home
- Inviting, open layout
- Comfortable everyday living
- Potential for future ADU conversion
Ranch House Gallery
Why This Property Stands Out
This is more than a home purchase. It is an opportunity to shape how you live.
Family Compound, Guest Space, Hobby Farm, or Creative Retreat
Few properties offer this level of flexibility in such a scenic setting. With two homes, usable acreage, and multiple support structures, this estate is well-suited for multi-generational living, hosting long-term guests, pursuing hobby farm ambitions, or carving out room for work, storage, fitness, art, or recreation.
Whether your vision is practical, personal, or somewhere in between, this property gives you room to build it.
See the Penny Lane Property in Person
From the homes themselves to the land that surrounds them, this is a property best experienced on site. Reach out for details, private showings, or open house information.