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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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16031 SE River Rd , Milwaukie, OR 97267
$2,500,000
Est. Payment: $13,643.53/mo
4 Bed
2.5 Bath
7423 Sqft
3.67 Acres
Status: active | Days on site: 6
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House Description

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.

Highlights

Listed by Emily Hetrick , 503-927-3663 Keller Williams PDX Central , 503-548-4848. Portland Regional Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
3.67

Year Built

1885

County

Clackamas

Area

145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Listing ID

734365865

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2.5
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Cooktop, Dishwasher, Double Oven, Free-Standing Refrigerator, Island, Stainless Steel Appliance(s), Tile
Basement:Full Basement,Unfinished
Other:
  • ▪ Additional:Hardwood Floors, High Ceilings, Laundry, Wall to Wall Carpet, Wood Floors
Water:Public Water

Exterior Features

Lot:Gentle Sloping,Trees
Garage Capacity:2
Zoning:R10
Roof:Composition
Others:
  • ▪ Additional:Fenced, Garden, Outbuilding, Tool Shed, Yard, Resale
Sewer:Public Sewer
Parking Features:Detached,Driveway

Open House

Upcoming Open Houses
Sunday 1:00 pm - 3:00 pm Oct 25
Principal Interest
$13,644
Taxes
$1,167

Home Price

$2,500,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,643.53

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,643.53 $1,166.97 $0.00 $14,810.49
Yearly $163,722.31 $14,003.59 $0.00 $177,725.90
Total $4,911,669.22 $420,107.70 $0.00 $5,331,776.92

Today's Rates

30 Year

7.25%

20 Year

7.18%

15 Year

6.69%

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Market insight data is pulled from the same city as the listing being viewed (Milwaukie, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated: 2026-10-22T22:59:17.000Z

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