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503-935-2560
Smira Group
31998 S SHADY DELL RD, Molalla, OR 97038
- $600,000
- 4
- BD
- 2
- BA
- 1,480
- SqFt
- Sold Price
- $600,000
- List Price
- $575,000
- Closing Date
- Jun 05, 2026
- Days on Market
- 37
- Status
- SOLD
- MLS#
- 553527818
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,480
- Lot Size
- 20, 000 SqFt to .99 Acres
- Region
- Oregon City, Beavercreek, Canby, Molalla, Mulino
Property Description
An exceptional riverfront retreat offering approximately 70 feet of private frontage and a lifestyle that feels worlds away. Set on a generous 0.52-acre lot at the end of a quiet, dead-end street, this property captures the essence of peaceful waterfront living—where the gentle sound of the river becomes your daily backdrop. Spend your summers entertaining on multiple outdoor spaces, including two expansive decks for BBQs, gathering with friends or simply relaxing as the river flows by. Tend to your garden, enjoy direct shoreline access or start your mornings on the cozy front porch with a cup of coffee. With nearby parks and a convenient boat ramp, outdoor recreation is always within reach. Inside, the home is beautifully updated and move-in ready, featuring bamboo flooring throughout the main areas and a light-filled, open concept layout designed for both comfort and connection. The open kitchen with island flows effortlessly into the main living and dining areas—perfect for entertaining and everyday living. The primary suite is a true showstopper—wake up to serene river views, then unwind in the spa-like bath complete with a soaking tub and walk-in shower. Recent upgrades include a new furnace and heat pump with A/C (2021), updated electrical panel, and a whole-house water filtration system (2023), offering modern efficiency and peace of mind. Added benefit: the current flood insurance policy is transferable—an increasingly valuable advantage for waterfront properties! A rare opportunity to own a thoughtfully upgraded riverfront home that seamlessly blends luxury, tranquility, and everyday livability.
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Additional Information
- Tax Amount
- $4,291
- Year Built
- 1935
- High School
- Molalla
- Elementary School
- Molalla
- Middle School
- Molalla River
- Fireplaces Total
- 1
- Garage Spaces
- 2
- Garage Type
- Detached
- Acres
- 0.52
- Living Area
- 1,480
- Stories
- 1
- Property Type
- Single Family Residence
- Terms
- Cash, Conventional, FHA, VA Loan
- Accessibility Features
- Ground Level, Main Floor Bedroom w/Bath, Minimal Steps, One Level, Walk-in Shower
- Master Bedroom Level
- Main
- Cooling Description
- Heat Pump
- Fireplace Description
- Pellet Stove
- Fuel Description
- Electricity
- Heating Description
- Forced Air
- Hot Water Description
- Electricity
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Septic Tank
- Style
- 1 Story, Contemporary
- Waterfront Description
- River Front
- View
- River
- Parking
- Driveway, On Street
- Waterfront
- Yes
- Parking Description
- Driveway, On Street
- Road Surface
- Paved
- Exterior Features
- Deck, Garden, Porch, Yard
- Interior Features
- Bamboo Floor, Wall to Wall Carpet
- Kitchen Appliances
- Dishwasher, Disposal, Island, Microwave, Pantry, Quartz, Stainless Steel Appliance(s)
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Listing courtesy of Keller Williams Realty Portland Premiere. Selling Office: Premiere Property Group, LLC.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.