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Land with Home for Sale in Milwaukie, Oregon

16031 SE River Rd, Milwaukie, OR 97267

$2,500,000
3.67 acres
Active sale
ago
Est $14,878/mo

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.

7,423
Sq feet
4
Beds
2
Full baths
1
1/2 bath
1885
Built

Location

Street address
16031 SE River Rd
Zip code
97267
Elevation
90 feet
Coordinates
45.406, -122.6423

Property details

Acreage
3.67 acres
Zoning
R10
MLS #
RMLS 734365865
Posted

Property taxes

Recent
$14,004

Parcels

  • 00278309

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Keller Williams Realty

Lot

View
River, Territorial

Exterior

Fencing
Fenced
Structures
Outbuilding
Features
Garden, Tool Shed, Yard

Structure

Style
Craftsman, Victorian
Stories
3
Heating
Hot Water, Radiant
Roof
Composition
Windows
Wood Frames

Interior

Rooms
Bathroom x 2, Bedroom x 4, Dining Room, Family Room, Laundry Room x 2
Appliances
Cook Island, Dishwasher, Free Standing Refrigerator, Gas Appliances, Stainless Steel Appliance, Tile
Features
Hardwood Floors, High Ceilings, Laundry, Wallto Wall Carpet, Wood Floors

Nearby schools

NameType
RiversideElementary
Alder CreekMiddle
PutnamHigh

Listing history

DateEventPriceChangeSource
Oct 17, 2026New listing$2,500,000—RMLS
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This 3.67-acre property is located at 16031 SE River Rd in Milwaukie, OR 97267. The property is available for sale, priced at $2,500,000. It has a 7,423 square foot 4-bedroom, 2.5-bath house built in 1885.

Listed by Keller Williams PDX Central, (503) 548-4848

Checked 1 hour agoUpdated Source

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