5017 SE Aldercrest Rd, Milwaukie, OR 97222
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: sean mele
Office: opt503-572-7491
MLS#:293461992
Source:PORTLAND
Price summary
- Price:$870,000
- Price per sq. ft.:$251.08
About this home
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....
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Home facts
- Year built:1940
- Listing ID #:293461992
- Added:115 day(s) ago
- Updated:November 09, 2026 at 01:02 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:5
- Bathrooms Description:Soaking Tub
- Kitchen Description:Dishwasher, Disposal, Free Standing Range, Free Standing Refrigerator, Gas Appliances, Quartz, Stainless Steel Appliance
- Basement Description:Full Basement, Separate Living Quarters/apartment/aux Living Unit, Unfinished
- Living area:3,465 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Forced Air, Heat Pump
Structure and exterior
- Roof:Composition, Flat, Membrane
- Year built:1940
- Building area:3,465 sq. ft.
- Lot area:1.48 Acres
- Lot Features:Gentle Sloping, Private, Wooded
- Architectural Style:Tri Level
- Exterior Features:Athletic Court, Covered Patio, Garden, Outdoor Fireplace, RV Parking, Second Residence, Tool Shed
- Foundation Description:Concrete Perimeter
- Levels:3 Stories
Schools
- High school:Putnam
- Middle school:Alder Creek
- Elementary school:Oak Grove
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$870,000
- Price per sq. ft.:$251.08
- Tax amount:$11,144 (2025)
Features and amenities
- Amenities:Double Pane Window(s), Laundry
Parking
- Parking description:Driveway, RV Access Parking
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