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$575,000
New Listing

31998 S SHADY DELL RD
Molalla, OR 97038

For Sale|Single Family Residence|Active
4
Beds
2
Total Baths
2
Full Baths
1,480
SqFt
$389
/SqFt
1935
Built
County:
Clackamas
Listing courtesy of Marc Fox of Keller Williams Realty Portland Premiere (503) 593-5493

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31998 S SHADY DELL RD31998 S SHADY DELL RD31998 S SHADY DELL RD31998 S SHADY DELL RD
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An exceptional riverfront retreat offering approximately 70 feet of private frontage and a lifestyle that feels worlds away. Set on a generous 0.52-acre lot at the end of a quiet, dead-end street, this property captures the essence of peaceful waterfront living—where the gentle sound of the river becomes your daily backdrop. Spend your summers entertaining on multiple outdoor spaces, including two expansive decks for BBQs, gathering with friends or simply relaxing as the river flows by. Tend to your garden, enjoy direct shoreline access or start your mornings on the cozy front porch with a cup of coffee. With nearby parks and a convenient boat ramp, outdoor recreation is always within reach. Inside, the home is beautifully updated and move-in ready, featuring bamboo flooring throughout the main areas and a light-filled, open concept layout designed for both comfort and connection. The open kitchen with island flows effortlessly into the main living and dining areas—perfect for entertaining and everyday living. The primary suite is a true showstopper—wake up to serene river views, then unwind in the spa-like bath complete with a soaking tub and walk-in shower. Recent upgrades include a new furnace and heat pump with A/C (2021), updated electrical panel, and a whole-house water filtration system (2023), offering modern efficiency and peace of mind. Added benefit: the current flood insurance policy is transferable—an increasingly valuable advantage for waterfront properties! A rare opportunity to own a thoughtfully upgraded riverfront home that seamlessly blends luxury, tranquility, and everyday livability.

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Listing Snapshot
Price 
$575,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
1,480 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.52 Acres
Year Built 
1935
MLS® Number 
553527818
Status 
Active
Property Tax 
$4,291.09
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
18 hours agoListing first seen on site
General Features
Acres 
0.52
Disclosures 
Disclosure
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Number Of Stories 
1
Parking 
DrivewayOn StreetDetached
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Total 
1480
Style 
Stories1Contemporary
Water Source 
Well
Interior Features
Appliances 
DishwasherDisposalMicrowave
Cooling 
Heat Pump
Fireplace 
Yes
Fireplace Features 
Pellet Stove
Fireplaces 
1
Flooring 
Carpet
Heating 
Forced Air
Interior 
Kitchen IslandPantry
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Exterior Features
Exterior 
Garden
Lot Features 
LevelWaterfront
Patio And Porch 
DeckPorch
Roof 
Composition
View 
River
Waterfront 
Yes
Waterfront Features 
River Front
Waterview 
River
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
_146
Roads 
Paved
Schools
School District
Unknown
Elementary School
Molalla
Middle School
Molalla River
High School
Molalla
Listing courtesy of Marc Fox of Keller Williams Realty Portland Premiere (503) 593-5493



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Keller Williams Realty Portland Premiere are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-04-30 05:20 AM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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