28821 SE PARADISE RD

Eagle Creek, 97022

  • 2 Bed

  • 1 Bath

  • 1089 SqFt

  • 14 DOM

  • Built: 1958

  • Status: Active

$499,000

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28821 SE PARADISE RD

Eagle Creek 97022

$499000

  • 2 Bed

  • 1 Bath

  • 1089 SqFt

  • 14 DOM

  • Built: 1958

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

206' of glorious Clackamas River frontage on this .59 acre lot with an existing one-level home with an open floorplan that has 2 bedrooms and 1 bath. The home and other structures (carport, shed, laundry room) are all located on the east half (upriver side) of the lot, leaving the west half of the lot to be your blank canvas that could be used for extra parking, a garden space, or ? Seller had a surveyor do a certificate of elevation survey for the property, and based upon the results of that has applied for a Letter of Map Amendment (LOMA) indicating that the home is above the Base Flood Elevation, which is pending approval from FEMA. If/when approved, a LOMA will exempt the property from federal flood insurance requirements, and per Clackamas County planning, will also exempt it from Floodplain Development Review, leaving only the County's Principal Rivers Conservation area review which would allow the current home to be added on to with no part of any addition allowed to be closer to the river than the existing home. There is an ATT septic system that is currently approved for a 2 bedroom home. Options for this property are to remodel the current home, or convert one existing bedroom to a den or other living space and add a 2nd level up with a new primary suite to make this a 2 bedroom, 2 bath home. Seller currently pays only $1,091 annually for flood insurance. Buyers are advised to do their own due diligence regarding all aspects of the property, including but not limited to their intended use, future use, and flood insurance. The home did not flood during the recent 12/2025 flood.

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