31998 S SHADY DELL RD Molalla, OR $ 575,000
31998 S SHADY DELL RD
$ 575,000
Recently Listed
Open House 5/2 12pm - 2pm
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31998 S SHADY DELL RD

Molalla, OR, 97038
$ 575,000
Bedrooms4 Baths2.0 Sq 1,480

Monthly Estimate*

$ 3,540

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Single Family Home for sale in Molalla, OR

for $575,000 with 4 bedrooms and 2 full baths. This 1,480 square foot home was built in 1935 on a lot size of 0.52.

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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Open House

5/2/2026 12:00 PM - 2:00 PM
5/3/2026 4:00 PM - 6:00 PM
31998 S SHADY DELL RD Molalla, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 575,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 4,291

Style

Stories1,Contemporary

Lot Size

0.52

Year Built

1935

Town/City

Molalla

County/Region

Clackamas

MLS | Web ID

553527818

Features
Interior
Interior Amenities BambooFloor WalltoWallCarpet
Total Fireplaces 1
Fireplace Features PelletStove
Hot Water Electricity
Total Bathrooms 2.0
Total Bedrooms 4
Total Baths 2
1/2 Baths 0
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General
Sewer SepticTank
Heating ForcedAir
Cooling HeatPump
Roof Composition
Appliances Dishwasher Disposal Island Microwave Pantry Quartz StainlessSteelAppliance
Garage Spaces 2.0
Architectural Style Stories1 Contemporary
Year Built 1935
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 01101603
Waterfront Features RiverFront
Accessibility GroundLevel MainFloorBedroomBath MinimalSteps OneLevel WalkinShower
County Clackamas
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions S Feyrer Park Rd to S Shady Dell Rd
High School Molalla
City Molalla
Body of Water Molalla River
Disclosures Disclosure
MLS Area _146
Lot Size Square Feet 22651.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Molalla
Tax Annual Amount 4291.09
Middle/Junior High School Molalla River
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 574 REPLAT OF SHADY DELL PT LT C BLK 9
ADU False
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Exterior
Exterior Amenities Deck Garden Porch Yard
Parking Features Driveway OnStreet
Lot Features Level
Water Source Well
Total Parking 2.0
Garage Type Detached
Exterior Description WoodSiding
Building Area Total 1480.0
Lot Size Acres 0.52
Road Surface Type Paved
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Internal Only
Street Number 1 31998
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-593-5493

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Affordability Calculator

$3,898
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$358
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949314 Elementary School
1949219 Middle School
Molalla High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2026$575,000 Listed Price

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31998 S SHADY DELL RD, Molalla, OR, 97038 is a Single Family Home for sale at $575,000 with 1,480 sqft and a lot size of 0.52. 31998 S SHADY DELL RD has 4 bedrooms, 2.0 baths, and was built in 1935. The property's zip code is 97038 which is in Molalla, OR