5017 SE ALDERCREST RD, Milwaukie, OR 97222

$870,000
7
BD
5
BA
3,465
SqFt

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List Price
$870,000
Status
ACTIVE
Days on Market
61
Price Change
▼ $30,000 1789475128
MLS#
293461992
Subtype
Single Family Residence
Style
Tri Level
Year Built
1940
Bedrooms
7
Bathrooms
5
Full Baths
5
Living Area
3,465
Lot Size
64,468
Acres
1.48
MLS Area Major
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

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.

Additional Information

Interior Features
Bamboo Floor, Laundry, Separate Living Quarters/Apartment/Aux Living Unit, Soaking Tub
Exterior Features
Athletic Court, Covered Patio, Garden, Outdoor Fireplace, RV Parking, Second Residence, Tool Shed
Property Description
Tri Level
Zoning
R10
Exterior Features
Athletic Court, Covered Patio, Garden, Outdoor Fireplace, RV Parking, Second Residence, Tool Shed
Stories
3
Parking
Driveway, RV Access/Parking
Parking Features
Driveway, RV Access/Parking
Elementary School
Oak Grove
Middle School
Alder Creek
High School
Putnam
View
Creek/Stream, Trees/Woods

Listing courtesy of Opt.

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