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Home + Sea Realty
4 Beds2.5 Baths7,423 sqft

16031 SE River Rd, Milwaukie

$2,500,000

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ActiveMLS®: 734365865Listing held by another brokerage, marked RMLS
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

Map showing the location of 16031 SE River Rd, Milwaukie, OR 97267
© Mapbox © OpenStreetMap

Monthly payment estimate

$14,473 /mo

20% · $500,000
7.00%
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.

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