Active

$3,100,000

11781 SE 162nd Ave, Happy Valley, OR 97086

2beds

2,210sqft

$21,931/mo

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Residential, Single Family Residence

Built in 1935

9.54 Acres Lot

$2,850,600 Zestimate^®

$1,403/sqft

$-- HOA

What's special

Existing farmhouseBeautiful settingPicturesque groundsAppealing terrain

Rare opportunity to own approximately 9.54 acres in the heart of Happy Valley! This exceptional property combines development potential with a beautiful setting featuring an existing farmhouse, vineyard, picturesque grounds, and stunning Mt. Hood views. See city provided sewer connection map in linked documents. Zoned R20, the property offers an exciting opportunity for builders, developers, or investors looking for acreage in one of the Portland metro area's most desirable communities. With its appealing terrain and convenient location near shopping, dining, and everyday amenities, this property presents a unique opportunity to explore future residential development. Buyer to perform due diligence regarding development potential, zoning, utilities, access, and permitted uses.

33 days
471
19

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1

Rooms

Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom

Primary bedroom

Level: Main

Bedroom 2

Level: Main

Dining room

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Heat Pump

Cooling

None

Appliances

Included: Free-Standing Range, Electric Water Heater

Features

Windows: Aluminum Frames, Double Pane Windows, Vinyl Frames
Basement: Storage Space

Interior area

Total structure area: 2,210
Total interior livable area: 2,210 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway, RV Access/Parking, Attached, Tuck Under
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Patio
Exterior features: Garden, Yard
Fencing: Fenced
Has view: Yes
View description: Mountain(s), Trees/Woods, Vineyard

Lot

Size: 9.54 Acres
Dimensions: 415,562 sqft
Features: Pasture, Sloped, Trees, Acres 7 to 10

Details

Additional structures: RVParking
Parcel number: 00128043
Zoning: R20

Construction

Type & style

Home type: SingleFamily
Architectural style: Farmhouse
Property subtype: Residential, Single Family Residence

Materials

Cedar
Foundation: Concrete Perimeter
Roof: Composition

Condition

Approximately
New construction: No
Year built: 1935

Utilities & green energy

Sewer: Standard Septic
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Happy Valley

Financial & listing details

Price per square foot: $1,403/sqft
Tax assessed value: $1,143,784
Annual tax amount: $5,190
Date on market: 10/12/2026
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

$2,850,600

$2.68M - $2.99M

$2,433/mo

Price history

Date	Event	Price
10/13/2026	Listed for sale	$3,100,000$1,403/sqft
Source: RMLS (OR) #259222524 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,190 +3.7%	$264,639 +3%
2024	$5,007 +2.9%	$256,932 +3%
2023	$4,864 +5.6%	$249,451 +3%
2022	$4,606 +3.8%	$242,189 +3%
2021	$4,437 +3.3%	$235,135 +3%
2020	$4,295 +1.5%	$228,288 +3%
2019	$4,230 +13.9%	$221,642 +3%
2018	$3,713	$215,186 +3%
2017	$3,713 +7.2%	$208,920 +3%
2016	$3,463	$202,839 +3%
2015	$3,463 +3%	$196,932 +3%
2014	$3,364 +7%	$191,199 +3%
2013	$3,143 +2.4%	$185,630 +3%
2012	$3,068 +1%	$180,226 +3%
2011	$3,038 +6%	$174,981 +3%
2010	$2,865 +3.1%	$169,887 +3%
2009	$2,780 +6.4%	$164,944 +3%
2008	$2,611 +16.5%	$160,142 +3%
2007	$2,241 +12.9%	$155,478 +3%
2006	$1,986 +1.5%	$150,952 +3%
2005	$1,957 +3%	$146,556 +3%
2004	$1,900 +1.8%	$142,291 +3%
2003	$1,866 +3.3%	$138,148 +3%
2002	$1,807 -22.8%	$134,129 -21.9%
2001	$2,341 +1.9%	$171,781 +3%
2000	$2,298	$166,778