Expansive Opportunity in the Heart of Happy Valley!Tucked off Armstrong Circle, this rare 2.64-acre parcel offers privacy, potential, and prime positioning in one of the area’s fastest-growing corridors. Zoned R-15 within the City of Happy Valley, the property presents a strong development opportunity, with the city indicating the potential for 6–7 buildable lots (pending sewer approval). The City of Happy Valley has confirmed they’ve acquired the adjacent property and plan to construct a public works facility—along with paving a portion of the easement that provides more comfortable access to this site. A completed survey has been done by seller, and the location is minutes from top-rated schools, parks, shopping, and Hwy 212.Buyer to perform all due diligence regarding zoning, development feasibility, and utility access. A unique find for developers or visionaries looking to build in a high-demand, high-growth area. Property lines in listing photos are approximate and are used as a visual reference.
Active
Price cut: $51K (7/4)
$399,000
0 SE Armstrong Cir, Happy Valley, OR 97089
--beds
0baths
2.64Acres
Unimproved Land, Single Family Residence
Built in ----
2.64 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Offers privacy
- 391 days |
- 315 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Tatyana Gavrilyuk 971-258-4621,
MORE Realty
Source: RMLS (OR),MLS#: 366434992
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 2.64 Acres
- Features: Acres 1 to 3
Details
- Parcel number: 05029748
- Zoning: R-15
Utilities & green energy
- Utilities for property: None
Community & HOA
HOA
- Has HOA: No
Location
- Region: Happy Valley
Financial & listing details
- Annual tax amount: $28
- Date on market: 6/11/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Price change | $399,000-11.3% |
Source:  RMLS (OR) #366434992 Report a problem | ||
| 6/21/2026 | Pending sale | $450,000 |
Source: RMLS (OR) #366434992 Report a problem | ||
| 7/9/2025 | Price change | $450,000-9.8% |
Source: RMLS (OR) #366434992 Report a problem | ||
| 6/11/2025 | Listed for sale | $499,000 |
Source: RMLS (OR) #366434992 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97089
Nearby schools
GreatSchools rating
- 7/10Verne A Duncan Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Happy Valley Middle SchoolGrades: 6-8Distance: 3.1 mi
- 6/10Adrienne C. Nelson High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Duncan
- Middle: Rock Creek
- High: Clackamas
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Clackamas County
- Damascus
- 97089
- 0 SE Armstrong Cir
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