5017 Se Aldercrest Rd, Milwaukie, OR

$870,000

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7

Beds

5

Baths

3,465

Square feet

1.48

Acres

About 5017 Se Aldercrest Rd

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.

Features of 5017 Se Aldercrest Rd

MLS® # 293461992
Price $870,000
Bedrooms 7
Bathrooms 5.00
Full Baths 5
Square Footage 3,465
Acres 1.48
Year Built 1940
Type Residential
Sub-Type Single Family Residence
Style Tri Level
Status Active

Community Information

Address 5017 Se Aldercrest Rd
Area 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
City Milwaukie
County Clackamas
State OR
Zip Code 97222

Amenities

Parking Driveway, RV Access/Parking
View Creek/Stream, Trees/Woods
Is Waterfront No
Waterfront Creek
Has Pool No

Interior

Interior Features Bamboo Floor, Laundry, Separate Living Quarters/Apartment/Aux Living Unit, Soaking Tub
Appliances Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, Quartz, Stainless Steel Appliance(s)
Heating Forced Air, Heat Pump
Cooling Heat Pump
Fireplace Yes
# of Fireplaces 2
Fireplaces Gas
# of Stories 3
Has Basement Yes
Basement Full Basement, Separate Living Quarters/Apartment/Aux Living Unit, Unfinished

Exterior

Exterior Cement Siding, Other
Exterior Features Athletic Court, Covered Patio, Garden, Outdoor Fireplace, RV Parking, Second Residence, Tool Shed
Lot Description Gentle Sloping, Private, Wooded
Windows Double Pane Windows
Roof Composition, Flat, Membrane
Foundation Concrete Perimeter

School Information

Elementary Oak Grove
Middle Alder Creek
High Putnam

Additional Information

Date Listed July 16th, 2026
Days on Market 66
Zoning R10
Short Sale No
RE / Bank Owned No

Listing Details

OfficeOpt
Contact Info503-572-7491

Listing Map

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