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4 Beds
3 Baths
7,423 sqft

$2,500,000

16031 SE RIVER RD, Milwaukie OR, 97267

Price per sqft$336.79
Built in1885
Property size7,423 sqft
Property typeResidential
Listing Courtesy of Keller Williams PDX Central, Emily Hetrick. 503-927-3663

Overview

Active

Listed Oct 16, 2026

Updated 14h ago

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.

$16,633/mo

Est. mortgage payment based on a $2,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
734365865

Interior Features

Bedrooms
4
Bathrooms
3
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
3.67 Acres

Other Property Details

Taxes
$14,004
Tax Frequency
Annually
Garage
Yes
View
Yes
55+/Senior Community
No
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Listing Courtesy of Keller Williams PDX Central, Emily Hetrick. 503-927-3663

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 Keller Williams Realty Portland Central & Compass (WA) 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 10/18/2026, 4:38 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

Listing content is copyright © 2026 RMLS™, Portland, Oregon. All rights reserved.

 

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