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16031 SE River Rd, Milwaukie, OR 97267

$2,500,000
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Property 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.

16031 SE River Rd | MLS# 734365865

This single family home located at 16031 SE River Rd, Milwaukie, OR 97267 is currently listed for sale with an asking price of $2,500,000. This property was built in 1885 and has 4 bedrooms and 2 full and 1 partial baths with 7423 sq. ft. Search Milwaukie real estate on tiffanyclark.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full Basement, Unfinished
Fenced: Yes
Fireplaces: 2
Fuel Type: Gas
Garage: 2
Heating: Hot Water, Radiant
Home Style: Craftsman, Victorian
Lot Size: 3.67 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $14,004
Year Built: 1885
Square Feet: 7,423

Feature Descriptions

Bathroom: 0.1 (Main), 2.0 (Upper)
Days on Site: 1
Exterior: Cedar
Exterior: Fenced, Garden, Outbuilding, Tool Shed, Yard
Fireplace: Wood Burning
Hot Water: Electricity
Interior: Hardwood Floors, High Ceilings, Laundry, Wall to Wall Carpet, Wood Floors
Kitchen: Cook Island, Dishwasher, Free-Standing Refrigerator, Gas Appliances, Stainless Steel Appliance(s), Tile
Lot: Gentle Sloping, Trees
Parking Notes: Detached, Driveway
Sewer: Public Sewer
Special View Info: River, Territorial
Square Footage: 1500 (Lower), 2850 (Main), 2473 (Upper)
Water: Public Water

Local Schools

High School: Putnam
Middle School: Alder Creek
Elementary School: Riverside

Listed By / Shown By

Listed By

Agency Name: Keller Williams PDX Central
Agency Phone: 503-548-4848

Shown By

Agent Name: Tiffany Clark Principal Broker
Agent Phone: (541) 706-0911 Cell
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 14,537.53 per month $12,641.36 Principal & Interest $1,167.00 Property Tax $729.17 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/19/2026. The listing information on this page last changed on 10/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 10/19/2026 12:05:07 AM EST) or RMLS (last updated Mon 10/19/2026 12:02:22 AM EST) or COAR/MLSCO (last updated Mon 10/19/2026 12:01:16 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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