5017 Se ALDERCREST Rd, Milwaukie, OR 97222

• 7 beds |
• 5 baths |
• 3,465 sqft

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.

Listing Status:

Active

Date Added:

July 16, 2026

Data Last Updated:

August 5, 2026 at 11:41PM

Listing Office:

Opt : 503-572-7491

Listing Agent:

Sean Mele : 503-572-7491

MLS ID:

293461992

Interior

• General: Bamboo floorLaundrySeparate living quarters apartment aux living unitSoaking tub
• Appliances: DishwasherDisposalFree standing rangeFree standing refrigeratorGas appliancesQuartzStainless steel appliance
• Basement: Full basementSeparate living quarters apartment aux living unitUnfinished
• A/C: Heat pump
• Heating: Forced airHeat pump
• Fireplace: GasFireplaceFireplaces: 2

Exterior

• General: Cement sidingOtherAthletic courtCovered patioGardenOutdoor fireplaceRv parkingSecond residenceTool shed
• Style: Tri level
• Parking: DrivewayRv access parkingParking spaces: 0

Construction

• Roofing: CompositionFlatMembrane
• Windows: DoublePaneWindows
• General: Concrete perimeter

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Clackamas

Lot

• Zoning: R10SECTION 06 TOWNSHIP 2S RANGE 2E QUARTER CA TAX LOT 0040000439608
• View: View

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.