Welcome home to this exceptional 2,825-square-foot custom residence, built in 2013, where thoughtful design and quality craftsmanship shine throughout. The spectacular two-story great room is the centerpiece of the home, featuring soaring ceilings, a dramatic wall of windows that fills the space with natural light, and a beautiful double-sided fireplace shared with the adjoining office. The main level offers an ideal blend of elegance and functionality, including a gourmet kitchen with custom cabinetry, granite countertops, stainless steel appliances, a pantry, and built-in cabinetry in the breakfast nook. Entertain with ease in the formal vaulted dining room with custom built-ins, then relax in the adjoining sitting room. A spacious office/den with its own private balcony provides the perfect space to work from home or unwind. Upstairs, you'll find three generously sized bedrooms and two full baths. Two bedrooms are connected by a convenient Jack-and-Jill bathroom, while one bedroom features a custom Murphy bed for added versatility. The luxurious primary suite boasts vaulted ceilings, custom built-ins, a private balcony, and a mini-split A/C unit for year-round comfort. The spa-inspired ensuite includes a soaking tub, walk-in shower, double vanity, and a spacious walk-in closet. Car enthusiasts and hobbyists will appreciate the four-car garage with dedicated workshop space and a custom-built-in sauna. Outside, the private half-acre upslope lot offers a peaceful retreat with a covered patio, garden area, tool shed, and plenty of room to enjoy the surrounding natural beauty. Located just one block from scenic nature trails, this remarkable home combines privacy, comfort, and convenience in an outstanding setting. This is a MUST SEE TO APPRECIATE!!
Active
$778,950
11846 SE Waterleaf Dr, Happy Valley, OR 97086
3beds
2,825sqft
Residential, Single Family Residence
Built in 2013
-- sqft lot
$-- Zestimate®
$276/sqft
$52/mo HOA
What's special
Tool shedPrivate half-acre upslope lotAdjoining sitting roomCustom-built-in saunaSoaring ceilingsThree generously sized bedroomsStainless steel appliances
- 9 days |
- 514 |
- 26 |
Zillow last checked:
Listing updated:
Listed by:
Starling Preuninger portlandcentral@johnlscott.com,
John L. Scott Portland Central
Source: RMLS (OR),MLS#: 409336968
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Office, Sauna, Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Balcony, Builtin Features, Ceiling Fan, Central Vacuum, Double Sinks, Soaking Tub, Suite, Tile Floor, Vaulted Ceiling, Walkin Closet, Walkin Shower, Wallto Wall Carpet
- Level: Upper
Bedroom 2
- Features: Builtin Features, Central Vacuum, Ensuite, Laminate Flooring
- Level: Upper
Bedroom 3
- Features: Central Vacuum, Ensuite, Laminate Flooring
- Level: Upper
Dining room
- Features: Builtin Features, Central Vacuum, French Doors, Tile Floor, Vaulted Ceiling
- Level: Main
Family room
- Features: Central Vacuum, Vaulted Ceiling, Wallto Wall Carpet
- Level: Main
Kitchen
- Features: Builtin Features, Central Vacuum, Dishwasher, Eat Bar, Island, Microwave, Nook, Pantry, Patio, Granite, Solid Surface Countertop, Tile Floor
- Level: Main
Living room
- Features: Central Vacuum, Fireplace, Great Room, High Ceilings, Wallto Wall Carpet
- Level: Main
Office
- Features: Balcony, Bookcases, Builtin Features, Fireplace, French Doors, Wallto Wall Carpet
- Level: Main
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Range, Microwave, Stainless Steel Appliance(s), Tankless Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Central Vacuum, Granite, High Ceilings, High Speed Internet, Soaking Tub, Vaulted Ceiling(s), Balcony, Bookcases, Built-in Features, Eat Bar, Kitchen Island, Nook, Pantry, Great Room, Double Vanity, Suite, Walk-In Closet(s), Walkin Shower, Tile
- Flooring: Laminate, Tile, Wall to Wall Carpet
- Doors: French Doors
- Windows: Double Pane Windows
- Basement: Crawl Space,Storage Space
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 2,825
- Total interior livable area: 2,825 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Attached
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Utility Room On Main, Walkin Shower, Accessibility
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Patio, Patio, Porch
- Exterior features: Garden, Sauna, Yard, Balcony
- Fencing: Fenced
- Has view: Yes
- View description: Territorial, Trees/Woods
Lot
- Features: Terraced, Trees, Sprinkler, SqFt 20000 to Acres1
Details
- Additional structures: ToolShed
- Parcel number: 05016497
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Cultured Stone, Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2013
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Sidewalk, Unknown
HOA
- Has HOA: Yes
- Amenities included: Commons
- HOA fee: $52 monthly
Location
- Region: Happy Valley
Financial & listing details
- Price per square foot: $276/sqft
- Tax assessed value: $840,363
- Annual tax amount: $10,479
- Date on market: 7/8/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $778,950+29.8%$276/sqft |
Source:  RMLS (OR) #409336968 Report a problem | ||
| 6/1/2020 | Listing removed | $599,950$212/sqft |
Source: Burns & Olson Realtors Inc. #20406387 Report a problem | ||
| 5/2/2020 | Price change | $599,950-3.2%$212/sqft |
Source: Burns & Olson Realtors Inc. #20406387 Report a problem | ||
| 4/16/2020 | Listed for sale | $619,950+55%$219/sqft |
Source: Savvy Lane #20370497 Report a problem | ||
| 11/27/2013 | Sold | $399,9000%$142/sqft |
Source: Public Record Report a problem | ||
| 10/15/2013 | Listed for sale | $399,995-5.6%$142/sqft |
Source: Lennar Homes Report a problem | ||
| 8/29/2013 | Listing removed | $423,510$150/sqft |
Source: Lennar Homes #13398681 Report a problem | ||
| 7/24/2013 | Listed for sale | $423,510+13%$150/sqft |
Source: Lennar Homes #13398681 Report a problem | ||
| 3/12/2013 | Listing removed | $374,900$133/sqft |
Source: NW Realty Group, WA #12689774 Report a problem | ||
| 8/14/2012 | Price change | $374,900-16.7%$133/sqft |
Source: NW Realty Group, WA #12689774 Report a problem | ||
| 8/7/2012 | Listed for sale | $449,900$159/sqft |
Source: NW Realty Group, WA #12689774 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,480 +3.6% | $529,940 +3% |
| 2024 | $10,112 +2.9% | $514,505 +3% |
| 2023 | $9,826 +5.6% | $499,520 +3% |
| 2022 | $9,309 +3.8% | $484,971 +3% |
| 2021 | $8,972 +5.2% | $470,846 +3% |
| 2020 | $8,528 +1.8% | $457,133 +3% |
| 2019 | $8,374 +11.3% | $443,819 +3% |
| 2018 | $7,526 +6.5% | $430,892 +3% |
| 2017 | $7,067 +0.5% | $418,342 +3% |
| 2016 | $7,029 | $406,157 +3% |
| 2015 | $7,029 +2.9% | $394,327 +3% |
| 2014 | $6,829 +302.9% | $382,842 +284.6% |
| 2013 | $1,695 -3.2% | $99,543 -1% |
| 2012 | $1,751 -10.4% | $100,528 -8.9% |
| 2011 | $1,953 +0.6% | $110,384 -0.8% |
| 2010 | $1,942 +1.6% | $111,314 +3% |
| 2009 | $1,911 +6.2% | $108,072 +3% |
| 2008 | $1,799 -3.7% | $104,924 +3% |
| 2007 | $1,868 | $101,868 |
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.Climate risks
Neighborhood: 97086
Nearby schools
GreatSchools rating
- 7/10Spring Mountain Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Rock Creek Middle SchoolGrades: 6-8Distance: 1.1 mi
- 7/10Clackamas High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Spring Mountain
- Middle: Happy Valley
- 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.
- $523,2004 bd2 ba2.1k sqft11880 SE Timber Valley Dr, Happy Valley, OR 97086Off Market
- $649,7005 bd3 ba2.5k sqft11840 SE Timber Valley Dr, Happy Valley, OR 97086For Sale
- $535,0003 bd3 ba1.8k sqft11855 SE Timber Valley Dr, Happy Valley, OR 97086Sold
- $563,8003 bd3 ba1.8k sqft11881 SE Timber Valley Dr, Happy Valley, OR 97086Off Market
- $514,6003 bd2 ba1.7k sqft11811 SE Timber Valley Dr, Happy Valley, OR 97086Off Market
- $526,2003 bd2 ba1.8k sqft11900 SE Timber Valley Dr, Happy Valley, OR 97086Off Market
- $545,1003 bd2 ba2k sqft12575 SE Shady Meadow Ct, Happy Valley, OR 97086Off Market
- $537,0003 bd3 ba2.2k sqft11800 SE Timber Valley Dr, Happy Valley, OR 97086Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $789,0003 bd3 ba2.3k sqft13048 SE Almond Ln, Clackamas, OR 97015Active
MLS ID #112481039, Eduard Anishchenko, Better Homes & Gardens Realty. RMLS (OR) - $775,0004 bd3 ba3.2k sqft13601 SE Rolling Meadows Dr, Happy Valley, OR 97236Active
MLS ID #143095249, Natalya Oreste, Berkshire Hathaway HomeServices NW Real Estate. RMLS (OR) - $916,0004 bd3 ba3.5k sqft15395 SE Frye St, Happy Valley, OR 97086Active
MLS ID #585070058, Nikki Brooke, Opt. RMLS (OR) - $825,0004 bd3 ba3.2k sqft8308 SE Buford Ln, Portland, OR 97236Active
MLS ID #587464503, Drew Walters, Harcourts Real Estate Network Group. RMLS (OR) - $1,000,0003 bd4 ba3.8k sqft12577 SE Verlie St, Happy Valley, OR 97086ActiveMLS ID #653884375, Kaden Anderson, Keller Williams Realty Portland Premiere. RMLS (OR)
- $715,0003 bd3 ba2.5k sqft16063 Godon Way, Oregon City, OR 97045ActiveMLS ID #707761394, Jennifer Singer, Keller Williams Sunset Corridor. RMLS (OR)
- $875,0004 bd4 ba3.4k sqft15067 Armel Dr, Oregon City, OR 97045ActiveMLS ID #162444195, Alexander Clark, Keller Williams Realty Portland Premiere. RMLS (OR)
- $795,0004 bd3 ba2.8k sqft3675 Landis St, West Linn, OR 97068ActiveMLS ID #426382055, Kelly Force, Berkshire Hathaway HomeServices NW Real Estate. RMLS (OR)
- $649,0003 bd3 ba2.2k sqft8444 SE 138th Dr, Portland, OR 97236ActiveMLS ID #339327405, Jean Marshburn, Real Broker. RMLS (OR)
- $620,0003 bd3 ba2.8k sqft10148 SE Bristol Loop, Happy Valley, OR 97086ActiveMLS ID #545076373, Kevin Dean, Windermere Realty Trust. RMLS (OR)
- $724,9004 bd2 ba2.4k sqft16981 SE Spray Ave, Milwaukie, OR 97267ActiveMLS ID #250735141, Dale Chaney, John L. Scott Portland South. RMLS (OR)
- $725,0004 bd4 ba3.8k sqft12032 SE Deerhaven Dr, Portland, OR 97266ActiveMLS ID #590791929, Robert Drendel, 3D Realty LLC. RMLS (OR)
- $739,0004 bd3 ba2.9k sqft2787 SE Elliott Dr, Gresham, OR 97080ActiveMLS ID #521584278, Nakkita Marchuk, Tree City Real Estate. RMLS (OR)
- $759,9004 bd3 ba2.7k sqft12958 SW Buckfield Ln, King City, OR 97224ActiveMLS ID #729254078, Barry Sullivan, Realty One Group Pacifica. RMLS (OR)
- $775,0004 bd3 ba2.6k sqft2237 NW Utah Ct, Camas, WA 98607ActiveMLS ID #113840499, Chelsey LaRowe, Windermere Northwest Living. RMLS (OR)
- $725,0003 bd3 ba1.8k sqft8975 SE 282nd Ave, Boring, OR 97009ActiveMLS ID #318809798, Michelle Palmquist, Redfin. RMLS (OR)
- $919,0004 bd3 ba3.1k sqft3914 Wellington Pl, West Linn, OR 97068ActiveMLS ID #337139725, Sherry Hawkins, eXp Realty, LLC. RMLS (OR)
- $775,0003 bd3 ba2.6k sqft1168 NW Vinca Ln, Camas, WA 98607ActiveMLS ID #507132790, Roseline Tsai, Knipe Realty ERA Powered. RMLS (OR)
- $738,0004 bd3 ba3.2k sqft1099 SE Mimosa Dr, Gresham, OR 97080ActiveMLS ID #709630182, Michael Beirwagen, Berkshire Hathaway HomeServices NW Real Estate. RMLS (OR)
- $829,9003 bd3 ba2.9k sqft5324 SW Wichita St, Tualatin, OR 97062ActiveMLS ID #437557352, Cricket Forsey, Keller Williams Realty Portland Premiere. RMLS (OR)
