206' of extensive Clackamas River frontage awaits on this .59-acre lot. The existing two-bedroom, one-bath home offers an open floor plan, with all structures situated on the upriver half of the property, leaving the west side level and undeveloped. For those dreaming of a modern waterfront retreat, Clackamas County Planning indicates a path to replace the current residence with a brand-new home would include meeting the requirements of ZDO Section 1206, a Principal Rivers Conservation Area review and a Floodplain Development review. A recent elevation survey has been completed, and a FEMA Letter of Map Amendment (LOMA) is currently pending; if approved, this would remove federal flood insurance mandates. Whether you choose to remodel the existing home—which remained dry during the December 2025 flood, add a second-story primary suite, or navigate the path to a custom replacement, this is a rare chance to secure your riverfront legacy. Property features an ATT septic system approved for two bedrooms. Buyers are advised to perform their own rigorous due diligence with Clackamas County regarding all aspects of the property for their intended use, home addition and replacement requirements, flood insurance, etc.