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Mike Farrell

mikehomecenter@gmail.com +1(360) 910-1926

Listed by Opt • 503-572-7491

$950,000

Est. payment - /mo

7 Beds

5 Baths

3,465 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,465 sqft

Price per Sqft $274

MLS Listing ID 293461992

Style Tri Level

Bedrooms 7

Full Baths 5

HOA Y/N No

Year Built 1940

Annual Tax Amount $11,143

Tax Year 2025

Lot Size 1.480 Acres

Property Sub-Type Single Family Residence

Property Description

Some homes have a story to tell. Beyond the winding driveway, this 1.48-acre creekside property unfolds like a storybook, with mature trees, peaceful views, and a sense of privacy that feels worlds away from the city. The thoughtfully updated 1940 home blends vintage soul with modern ease. Expanded with a second story, the main home offers 4 bedrooms, 3 full baths, a striking floating staircase, a cozy gas fireplace, exposed wood beam, beautifully renovated kitchen and bathrooms, dual laundry hookups, and a large basement ready for your vision. Gather under the covered patio, and let the outdoor fireplace carry the party into fall, surrounded by extensive garden beds that invite new stories to take root. The long driveway not only provides ample parking for RVs and recreational vehicles, but is also striped with pickleball court lines for a fun and unexpected recreational space. A separate detached ADU offers 3 bedrooms, 2 full baths, and a spacious deck—perfect for multigenerational living, visiting guests, or rental income. All this, just minutes from Downtown Milwaukie and Sellwood. Rarely does a property offer this much character, flexibility, and room to grow.

Location

State OR

County Clackamas

Area _145

Zoning R10

Rooms

Basement Full Basement, Separate Living Quarters Apartment Aux Living Unit, Unfinished

Interior

Interior Features Bamboo Floor, Laundry, Separate Living Quarters Apartment Aux Living Unit, Soaking Tub

Heating Forced Air, Heat Pump

Cooling Heat Pump

Fireplaces Number 2

Fireplaces Type Gas

Appliance Dishwasher, Disposal, Free Standing Range, Free Standing Refrigerator, Gas Appliances, Quartz, Stainless Steel Appliance

Exterior

Exterior Feature Athletic Court, Covered Patio, Garden, Outdoor Fireplace, R V Parking, Second Residence, Tool Shed

Waterfront Description Creek

View Creek Stream, Trees Woods

Roof Type Composition,Flat,Membrane

Garage No

Building

Lot Description Gentle Sloping, Private, Wooded

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Oak Grove

Middle Schools Alder Creek

High Schools Putnam

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://mls.ricoh360.com/7092e2b1-ec5a-413e-ba51-5705e8ba2d78

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Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(360) 910-1926

mikehomecenter@gmail.com

5017 SE ALDERCREST RD Milwaukie, OR 97222