5017 SE ALDERCREST RD, Milwaukie, OR 97222

$950,000
7
BD
5
BA
3,465
SqFt

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List Price
$950,000
Days on Market
11
Status
ACTIVE
MLS#
293461992
Bedrooms
7
Bathrooms
5
Living Area
3,465
Lot Size
1 to 2.99 Acres
Region
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

Tax Amount
$11,143
Stories
3
High School
Putnam
Elementary School
Oak Grove
Middle School
Alder Creek
Fireplaces Total
2
Acres
1.48
Living Area
3,465
Stories
3
Property Type
Single Family Residence
Year Built
1940
Master Bedroom Level
Upper
Cooling Description
Heat Pump
Fireplace Description
Gas
Fuel Description
Electricity, Gas
Heating Description
Forced Air, Heat Pump
Hot Water Description
Electricity, Gas
Exterior Description
Cement Siding, Other
Roof Type
Composition, Flat, Membrane
Sewer Description
Public Sewer
Style
Tri Level
Waterfront Description
Creek
View
Creek/Stream, Trees/Woods
Parking
Driveway, RV Access/Parking
Waterfront
Yes
Parking Description
Driveway, RV Access/Parking
Road Surface
Paved
Exterior Features
Athletic Court, Covered Patio, Garden, Outdoor Fireplace, RV Parking, Second Residence, Tool Shed
Interior Features
Bamboo Floor, Laundry, Separate Living Quarters/Apartment/Aux Living Unit, Soaking Tub
Kitchen Appliances
Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, Quartz, Stainless Steel Appliance(s)

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