Shawn Realty 503-515-4499
4 bd • 2.5 ba • 7,423 sq ft
16031 SE RIVER RD, Milwaukie, OR 97267
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- Bedrooms
- 4
- Total Baths
- 2.5
- Building Area
- 7,423 sq ft
- Price/Sq Ft
- $337/sq ft
- Year Built
- 1885
- Garage
- 2 spaces · Detached
- County
- Clackamas
- Annual Tax
- $14,004 (2025)
- HOA
- None
- Days on Market
- 26 days
- Open House
- None scheduled
Monthly payment
$16,930 per month
- Principal & interest$15,242
- Property taxes$1,167
- HOA dues$0
- Home insurance$521
- Utilities$0
10% down · 30-year fixed · 7.18% rate · 7.281% APR (est.)
Rate: Freddie Mac weekly average, as of 11/05/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.18% (7.281% APR, estimated). Rate: Freddie Mac weekly average, as of 11/05/2026.
- Down payment: 10% ($250,000) on $2,500,000; loan $2,250,000
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $1,167/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA in RMLS)
- Home insurance: $521/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
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.
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Single Family Residence |
| Bedrooms | 4 |
| Total Baths | 2.5 |
| Full Baths | 2 |
| Partial Baths | 1 |
| Building Area (sq ft) | 7423 |
| Lot Size (acres) | 3.67 |
| Lot Size (sq ft) | 159865 |
| Year Built | 1885 |
| Garage Spaces | 2 |
| County | Clackamas |
| Elementary School | Riverside |
| Middle School | Alder Creek |
| High School | Putnam |
| Heating | Hot Water, Radiant |
| Appliances | Cooktop, Dishwasher, Double Oven, Free Standing Refrigerator, Island, Stainless Steel Appliance, Tile |
| Interior Features | Hardwood Floors, High Ceilings, Laundry, Wallto Wall Carpet, Wood Floors |
| Exterior Features | Fenced, Garden, Outbuilding, Tool Shed, Yard |
| Basement | Full Basement, Unfinished |
| Style | Craftsman, Victorian |
| Roof | Composition |
| Fireplaces | 2 |
| View | Yes |
| Lot Features | Gentle Sloping, Trees |
| Parking | Driveway |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $14,004 |
| Tax Year | 2025 |
| Original List Price | $2,500,000 |
| RMLS # | 734365865 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Emily Hetrick • Keller Williams PDX Central
Listing updated: Oct 22, 2026 at 12:43pm
Source: RMLS #734365865
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 brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty