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16031 SE RIVER RD, Milwaukie
$2,500,000
4 Beds ⋅ 2 Baths ⋅ 734365865 MLS
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.

16031 SE RIVER RD, Milwaukie
4119 SE RIVER DR, Milwaukie
$2,015,000
4 Beds ⋅ 4 Baths ⋅ 665137362 MLS
*** EXCLUSIVE ONE OF A KIND WILLAMETTE RIVER WATERFRONT ESTATE w/ GROUNDS and TWO ADU's *** At the end of the dead end road sits this private oasis and ENTERTAINER'S DREAM. The stunning 1930 home has a lot of original detail and charm while having a modern chef's kitchen. The outdoor entertaining space is very well appointed with pool, covered patio, bathroom, sauna, lawns, more patio and a fabulous outdoor kitchen. The fully fenced perfectly manicured grounds feature a beautiful pond and walking paths. The AMAZING SHOP has two levels and tons of space to store cars or have a workshop or whatever your heart desires. The ADU is a fully booked short term rental on the water and there is a complete separate living quarters in the basement. So use as a family compound, keep it all to yourself, or have a one of a kind property that can generate plenty of extra income. There is extensive outdoor parking including a separate paved driveway to the ADU. This property is the PERFECT SETUP FOR LARGE GATHERINGS. Come take a look at this STUNNING ESTATE before it is gone!!! (dock in photos is not part of this property)

4119 SE RIVER DR, Milwaukie
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.

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