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    • Price cut: $10K (6/29)
    $699,900

    1041 SE Olive Way, Estacada, OR 97023

    4beds
    2,728sqft
    : 
    $4,961/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 2026
    -- sqft lot
    $-- Zestimate®
    $257/sqft
    $103/mo HOA

    What's special

    Open living spacesBreathtaking territorial viewsDedicated officeSurrounded by lush forestAbundant windowsChef-style kitchenFour bedrooms
    Perched above the iconic Clackamas River, this truly unique and irreplaceable property offers an exceptional blend of breathtaking territorial views and peaceful Pacific Northwest living. Surrounded by lush forest, the home is thoughtfully designed to embrace its stunning natural setting, featuring abundant windows and open living spaces that bring the outdoors in.The open layout flows effortlessly into a chef-style kitchen, creating the perfect space for gathering, cooking, and entertaining while enjoying the surrounding scenery.Whether you're an outdoor enthusiast seeking easy access to nearby hiking and fishing or simply looking for a quiet retreat, this remarkable location offers the best of both worlds. Enjoy your morning coffee among the trees as fog drifts through the forest and across the river valley.The home features four bedrooms, a dedicated office, and an exceptional laundry room designed with both space and functionality in mind. The primary suite offers a spa-like bathroom, creating a private retreat to relax and unwind after a day of enjoying the outdoors. This is a property that truly must be experienced to fully appreciate the beauty, tranquility, and lifestyle it offers in the heart of the Pacific Northwest. Seller is a licensed Oregon Real Estate broker.
    166 days
    |
    138
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle Little 503-504-3109,

    Greentown Real Estate,

    Jillian Gregg 971-322-9212,

    Greentown Real Estate

    Source: RMLS (OR),MLS#: 534988817MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • Partial bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Den, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Level: Upper
      • Area: 208
      • Dimensions: 13 x 16
      Bedroom 2
      • Level: Upper
      • Area: 132
      • Dimensions: 12 x 11
      Bedroom 3
      • Level: Upper
      • Area: 182
      • Dimensions: 13 x 14
      Dining room
      • Level: Main
      • Area: 209
      • Dimensions: 19 x 11
      Kitchen
      • Level: Main
      • Area: 225
      • Width: 15
      Heating
      • Forced Air 95 Plus
      Cooling
      • Air Conditioning Ready
      Appliances
      • Included: Dishwasher, Disposal, Free-Standing Gas Range, Microwave, Stainless Steel Appliance(s), Electric Water Heater
      • Laundry: Laundry Room
      Features
      • High Ceilings, Quartz, Kitchen Island, Pantry, Tile
      • Flooring: Tile, Wall to Wall Carpet
      • Windows: Double Pane Windows
      • Number of fireplaces: 1
      • Fireplace features: Propane
      Interior area
      • Total structure area: 2,728
      • Total interior livable area: 2,728 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Attached
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Garage On Main, Natural Lighting, Accessibility
      Features
      • Stories: 2
      • Patio & porch: Covered Deck, Deck
      • Exterior features: Yard
      • Has view: Yes
      • View description: Territorial, Trees/Woods
      Lot
      • Features: Sloped, Trees, Wooded, SqFt 7000 to 9999
      Details
      • Parcel number: 05036402

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Farmhouse
      • Property subtype: Residential, Single Family Residence
      Materials
      • Board & Batten Siding, Cement Siding, Lap Siding
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026
      Details
      • Warranty included: Yes

      Utilities & green energy

      • Gas: Propane
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Thomas Heights
      HOA
      • Has HOA: Yes
      • HOA fee: $103 monthly
      Location
      • Region: Estacada

      Financial & listing details

      • Price per square foot: $257/sqft
      • Tax assessed value: $258,796
      • Annual tax amount: $2,119
      • Date on market: 3/12/2026
      • Listing terms: Cash,Conventional,FHA
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/29/2026Price change$699,900-1.4%$257/sqft
        Source: RMLS (OR) #534988817 Report a problem
        4/6/2026Price change$709,900-3.4%$260/sqft
        Source: RMLS (OR) #534988817 Report a problem
        3/12/2026Listed for sale$734,900+389.9%$269/sqft
        Source: RMLS (OR) #534988817 Report a problem
        6/11/2025Sold$150,000$55/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,119 -3.7%$144,524 +3%
        2024$2,201 +63.8%$140,315 +65%
        2023$1,343 +2.8%$85,062 +3%
        2022$1,307 +2.7%$82,585 +3%
        2021$1,273 $80,180
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
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        Climate risks

        Neighborhood: 97023

        Getting around

        29 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Clackamas River
        • Middle: Estacada
        • High: Estacada

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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