Magical in Milwaukie | Creekside Cape Cod Retreat Welcome to Aldercrest, a one-of-a-kind retreat nestled at the confluence of Kellogg and Scott Creeks. Tucked away on 2+acres of pastoral grounds, this 1938 Cape Cod–style home is where timeless character meets modern updates, creating a sanctuary that feels both private and connected. Whether you are drawn to the land, the vintage charm, or the convenience of being minutes from Portland, this property is the kind of rare offering that comes along once in a generation.Vintage Character, Modern ComfortsFrom the moment you arrive, the home radiates a sense of warmth and welcome. Its classic Cape Cod architecture — gabled roofline, symmetrical façade, and charming shutters — sets the stage for a property that has been lovingly maintained and thoughtfully updated. Inside, hardwood floors ground the main living areas in authenticity, while a wood-clad sunroom invites natural light and provides a cozy spot to take in year-round views of the surrounding landscape. The kitchen and bathrooms have been fully renovated, marrying modern convenience with respect for the home’s 1930s heritage. Stylish finishes, updated fixtures, and thoughtful layouts make daily living easy while preserving the sense of history that gives this home its soul.A fully finished basement adds even more space and versatility. Whether you envision a guest suite, media room, home office, or the possibility of multi-generational living, the home adapts gracefully to a wide range of lifestyles. Enjoy energy efficient updates including heat pump/AC and EV charging station. Unique Bonus: A Creekside CabinAdding to the property’s charm is a creekside cabin, tucked away in its own private corner of the grounds. With a history as a rental, the cabin offers potential for stable income, a guest house, or a creative studio. Imagine the possibilities — a writing retreat, an artist’s workspace, or simply a cozy hideaway for visiting family and friends.
Sold
$980,000
4917 SE Aldercrest Rd, Milwaukie, OR 97222
4beds
4,090sqft
Residential, Single Family Residence
Built in 1938
2.12 Acres Lot
$968,200 Zestimate®
$240/sqft
$4,774 Estimated rent
Home value
$968,200
$920,000 - $1.03M
$4,774/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 03:40am
Listed by:
Hope Beraka 503-679-9243,
Think Real Estate
Bought with:
Breylan Deal-Eriksen, 201208844
Think Real Estate
Source: RMLS (OR),MLS#: 284955692
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Primary bedroom
- Features: Closet Organizer, Exterior Entry, Closet
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Bedroom 2
- Features: Closet Organizer, Closet
- Level: Main
- Area: 143
- Dimensions: 11 x 13
Bedroom 3
- Features: Bookcases, Closet
- Level: Upper
- Area: 228
- Dimensions: 19 x 12
Bedroom 4
- Features: Bookcases, Builtin Features, Walkin Closet
- Level: Upper
- Area: 143
- Dimensions: 11 x 13
Dining room
- Features: Builtin Features, Formal, Hardwood Floors
- Level: Main
- Area: 154
- Dimensions: 14 x 11
Family room
- Features: Fireplace, Flex Room, Tile Floor
- Level: Lower
- Area: 208
- Dimensions: 16 x 13
Kitchen
- Features: Builtin Refrigerator, Dishwasher, Eat Bar, Island, Updated Remodeled, Builtin Oven, Double Oven
- Level: Main
- Area: 190
- Width: 10
Living room
- Features: Fireplace, Formal, Hardwood Floors
- Level: Main
- Area: 294
- Dimensions: 21 x 14
Heating
- Forced Air, Fireplace(s)
Cooling
- Heat Pump
Appliances
- Included: Built In Oven, Built-In Range, Built-In Refrigerator, Cooktop, Dishwasher, Double Oven, Range Hood, Washer/Dryer, Electric Water Heater, ENERGY STAR Qualified Water Heater
- Laundry: Laundry Room
Features
- Marble, Bookcases, Built-in Features, Walk-In Closet(s), Closet Organizer, Closet, Formal, Eat Bar, Kitchen Island, Updated Remodeled, Kitchen, Plumbed, Pantry, Quartz
- Flooring: Concrete, Hardwood, Tile, Wall to Wall Carpet, Wood
- Windows: Wood Frames
- Basement: Finished,Full
- Number of fireplaces: 3
- Fireplace features: Wood Burning
Interior area
- Total structure area: 4,090
- Total interior livable area: 4,090 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Garage Door Opener, Detached
- Garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Caregiver Quarters, Main Floor Bedroom Bath, Minimal Steps, Accessibility
Features
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Garden, Yard, Exterior Entry
- Has spa: Yes
- Spa features: Bath
- Fencing: Fenced
- Has view: Yes
- View description: Creek/Stream, Pond, Trees/Woods
- Has water view: Yes
- Water view: Creek/Stream,Pond
- Waterfront features: Creek, Pond
Lot
- Size: 2.12 Acres
- Features: Private, Trees, Sprinkler, Acres 1 to 3
Details
- Additional structures: Other Structures Bedrooms Total (1), Other Structures Bathrooms Total (1), Gazebo, SecondResidence, SecondResidencenull
- Parcel number: 00439751
- Zoning: R10
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding, Cedar
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Private, Well
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Security Lights
Location
- Region: Milwaukie
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Sold | $980,000-4.4%$240/sqft |
Source:  RMLS (OR) #284955692 Report a problem | ||
| 10/26/2025 | Pending sale | $1,025,000$251/sqft |
Source: RMLS (OR) #284955692 Report a problem | ||
| 10/2/2025 | Listed for sale | $1,025,000+20.6%$251/sqft |
Source: RMLS (OR) #284955692 Report a problem | ||
| 7/31/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/20/2023 | Listed for rent | $3,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,125 +3.7% | $537,074 +3% |
| 2024 | $9,764 +2.9% | $521,432 +3% |
| 2023 | $9,487 +5.7% | $506,245 +3% |
Find assessor info on the county website
Neighborhood: 97222
Nearby schools
GreatSchools rating
- 6/10Oak Grove Elementary SchoolGrades: K-5Distance: 1.4 mi
- 1/10Alder Creek Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Putnam High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Oak Grove
- Middle: Alder Creek
- High: Putnam
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$968,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$968,200