This paper aims to identify how the landscape of Arashiyama in Kyoto was appreciated in the first half of the 20th century. We focused on the riverside scenery around Oi River. Our research was based on 288 postcards with photographs, which were published between 1900 and 1945. First, we measured the distance and direction between each viewpoint and the farthest point. Based on distances and directions of all postcards, we described scenery types and showed their distribution in the area. Second, we focused on the appearance of water surfaces and analyzed combinations of them. Third, we investigated waterfront lines and scenery elements. Our results were: 1) 6 types of scenery were found. Some of them featured particular viewpoints such as views from Nakanoshima; 2) The description of water surfaces showed variety especially around river structures such as the Togetsu Bridge and the IchinoIseki weir; 3) Over 80% of waterfront lines were interrupted: in many cases, they contained elements such as boats, fishermen, and trees. We concluded that Oi River was appreciated both from distant and close views, and that the location was described in multiple ways. It can be said that the landscape of Arashiyama was appreciated based on a comprehensive perspective of both the land and water zones.