16031 SE River Rd, Milwaukie
$2,500,000
Save- Price per sqft
- $336.79
- Built in
- 1885
- Property size
- 7,423 sqft
- Lot size
- 3.67 acres
- Property type
- Residential
- Days on market
- 6
Overview
A rare opportunity to own a truly remarkable piece of Oregon history! Offered for sale for the first time in seven generations, the Jacob S. Risley House is a stunning, one-of-a-kind example of Italianate architecture, rich with character and extraordinary craftsmanship. Built in 1885, this incredible home is truly something special. A grand wraparound front porch welcomes you, setting the stage for what awaits. Inside, soaring ceilings, exquisite natural woodwork, intricate architectural details and original built-ins showcase a level of artistry rarely seen today. Beautiful floors of Western White Ash, Oak, Fir and Bird’s Eye Maple are just the beginning. Historic furnishings made their way from the East Coast around the Strait of Magellan, while original kerosene fixtures, now electrified, and magnificent chandeliers with Tiffany shades add to the magic. Several massive bay windows through out the formal rooms provide amazing light, original fireplace tilework is truly beautiful, and nearly every space offers another detail to admire. All four generous bedrooms are upstairs, including a primary bath/dressing room, guest bath and laundry. This is a home meant to be explored, appreciated and treasured. With over 7000 square feet, an expansive walk-up unfinished attic, full basement and more than 5 acres spread across three tax lots with river frontage, the possibilities are as extraordinary as the property itself. Nearby Risley Landing was once a bustling steamboat stop along the Willamette River, connecting travelers and commerce between Oregon City and Portland. A grand private estate, a preservation opportunity or the potential for future development, there are so many ways to imagine its next chapter. Surrounded by natural beauty, this is the kind of property that simply cannot be recreated. Some homes have character. This one has history, soul and a story that's still being written.
Details
Interior
- Interior features
- Hardwood Floors, High Ceilings, Laundry, Wall to Wall Carpet, Wood Floors
- Appliances
- Cooktop, Dishwasher, Double Oven, Free Standing Refrigerator, Island, Stainless Steel Appliance, Tile
- Fireplace
- Yes
- Fireplaces
- 2
- Fireplace description
- Wood Burning
- Cooling
- No
- Heating
- Yes
- Heating description
- Hot Water, Radiant
- Windows
- Wood Frames
Exterior and lot
- Lot size
- 3.67 acres
- Exterior features
- Fenced, Garden, Outbuilding, Tool Shed, Yard
- Lot features
- Gentle Sloping, Trees
- Architectural style
- Craftsman, Victorian
- Roof
- Composition
- View
- Yes
- View description
- River, Territorial
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 2
- Parking
- Driveway
- Total parking
- 2
Schools
- High school
- Putnam
- Middle school
- Alder Creek
- Elementary school
- Riverside
Location
- City
- Milwaukie
- County
- Clackamas
- Zoning
- R10
Taxes and dues
- Annual taxes
- $14,004 (2025)
Location
16031 SE River Rd, Milwaukie, OR 97267

Monthly payment estimate
$14,473 /mo
- Principal and interest
- $13,306
- Property tax (2025)
- $1,167
- Total
- $14,473
Estimate only, and not an offer of credit. Assumes 20% down ($500,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.


