Please do not enter the private drive without an appointment. Private Estate comprised of 3 secluded tax lots totaling 4.68 acres located in the heart of Happy Valley. This NW Contemporary boasts 3 bedrooms incl spacious upper level master suite with exercise room and loft office area, 3 full bathrooms plus 3,610 light/bright Sq Ft. Great room features soaring vaulted ceilings with hand-hewn log accents and wall of windows with peaceful meadow and pond view. Updated kitchen features slab granite counters, new stainless appliances and opens to the formal dining room with deck access. The generous lower level incl huge view family room with deck access, large full bath, utility room with sink, storage room plus a large shop area. This level could be converted to potential separate living area or ADU. Amenities inc built-in hot tub, 2 certified Vermont Castings wood-stoves, expansive main and lower level view decks, detached 24'x 26' garage with full height loft, newer classic 36'x 24' barn with full height loft and hay door, garden with raised beds, pond and walking trail along Rock Creek frontage. This estate is located minutes from everything in the heart of Happy Valley. Hurry as this is a once in a lifetime opportunity.
Sold
$1,075,000
16501 SE Creswell Cove Ln, Happy Valley, OR 97086
3beds
3,610sqft
Residential, Single Family Residence
Built in 1979
4.68 Acres Lot
$1,017,800 Zestimate®
$298/sqft
$3,542 Estimated rent
Home value
$1,017,800
$916,000 - $1.13M
$3,542/mo
Zestimate® history
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List your homeWhat's special
Storage roomDeck accessLoft office areaExercise roomUpdated kitchenBuilt-in hot tubNew stainless appliances
Zillow last checked:
Listing updated:
Listed by:
Tony Lozzi 503-665-0111,
John L. Scott Portland Metro
Bought with:
Suzann Baricevic Murphy, 860700098
Where, Inc.
Source: RMLS (OR),MLS#: 24490349
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Rooms
- Room types: Workshop, Bonus Room, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathroom, Ceiling Fan, Skylight, Suite, Vaulted Ceiling, Wallto Wall Carpet
- Level: Upper
- Area: 255
- Dimensions: 17 x 15
Bedroom 2
- Features: Laminate Flooring
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Bedroom 3
- Features: Closet Organizer, Laminate Flooring
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Dining room
- Features: Deck, Formal, Laminate Flooring
- Level: Main
- Area: 117
- Dimensions: 13 x 9
Family room
- Features: Deck, Bamboo Floor, Wood Stove
- Level: Lower
- Area: 405
- Dimensions: 27 x 15
Kitchen
- Features: Builtin Range, Eat Bar, Microwave, Pantry, Free Standing Refrigerator, Granite, Laminate Flooring
- Level: Main
- Area: 150
- Width: 10
Living room
- Features: Ceiling Fan, Deck, Great Room, Vaulted Ceiling, Wallto Wall Carpet, Wood Stove
- Level: Main
- Area: 405
- Dimensions: 27 x 15
Heating
- Forced Air, Heat Pump, Wood Stove
Cooling
- Heat Pump
Appliances
- Included: Built-In Range, Dishwasher, Free-Standing Refrigerator, Plumbed For Ice Maker, Stainless Steel Appliance(s), Microwave, Electric Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Granite, High Ceilings, Vaulted Ceiling(s), Built-in Features, Closet Organizer, Formal, Eat Bar, Pantry, Great Room, Bathroom, Suite, Loft, Storage, Tile
- Flooring: Bamboo, Tile, Wall to Wall Carpet, Laminate, Concrete
- Windows: Aluminum Frames, Double Pane Windows, Skylight(s)
- Basement: Daylight,Full,Partially Finished
- Number of fireplaces: 2
- Fireplace features: Stove, Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 3,610
- Total interior livable area: 3,610 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Driveway, RV Access/Parking, Detached, Tuck Under
- Garage spaces: 2
- Has carport: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Builtin Lighting, Garage On Main, Natural Lighting, Parking, Accessibility
Features
- Stories: 3
- Patio & porch: Covered Deck, Deck, Porch
- Exterior features: Yard
- Has spa: Yes
- Spa features: Built in HotTub
- Has view: Yes
- View description: Creek/Stream, Trees/Woods
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Creek, Stream
- Body of water: Rock Creek
Lot
- Size: 4.68 Acres
- Features: Level, Pasture, Secluded, Sloped, Acres 3 to 5
Details
- Additional structures: Barn, RVParking, GarageBarn, Storage, HayStorage
- Additional parcels included: 00611797,00611298
- Parcel number: 00611779
- Zoning: MUR-A
Construction
Type & style
- Home type: SingleFamily
- Architectural style: NW Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- T111 Siding, Wood Frame, Lap Siding, Wood Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: 220 Volts, 220 Volts
- Sewer: Public Sewer
- Water: Well
- Utilities for property: Satellite Internet Service
Community & HOA
Community
- Subdivision: Rock Creek
HOA
- Has HOA: No
Location
- Region: Happy Valley
Financial & listing details
- Price per square foot: $298/sqft
- Tax assessed value: $1,046,562
- Annual tax amount: $10,487
- Date on market: 7/22/2024
- Cumulative days on market: 167 days
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2025 | Sold | $1,075,000-6.4%$298/sqft |
Source:  RMLS (OR) #24490349 Report a problem | ||
| 1/6/2025 | Pending sale | $1,149,000$318/sqft |
Source: RMLS (OR) #24490349 Report a problem | ||
| 12/31/2024 | Listed for sale | $1,149,000$318/sqft |
Source: RMLS (OR) #24490349 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,873 +3.7% | $554,359 +3% |
| 2024 | $10,488 +2.9% | $538,213 +3% |
| 2023 | $10,189 +5.6% | $522,537 +3% |
| 2022 | $9,648 +3.8% | $507,318 +3% |
| 2021 | $9,295 +3.3% | $492,542 +3% |
| 2020 | $8,997 +1.5% | $478,197 +3% |
| 2019 | $8,861 +13.9% | $464,269 +3% |
| 2018 | $7,778 | $450,747 +3% |
| 2017 | $7,778 +7.2% | $437,618 +3% |
| 2016 | $7,255 | $424,872 +3% |
| 2015 | $7,255 +3% | $412,497 +3% |
| 2014 | $7,045 +26.9% | $400,483 +3% |
| 2013 | $5,550 +1.3% | $388,818 +3% |
| 2012 | $5,481 -5.1% | $377,493 +0.4% |
| 2011 | $5,775 +5.9% | $376,111 +3% |
| 2010 | $5,453 +3.1% | $365,156 +3% |
| 2009 | $5,290 +7.6% | $354,520 +3% |
| 2008 | $4,918 +2.4% | $344,194 +3% |
| 2007 | $4,801 +13% | $334,169 +3% |
| 2006 | $4,248 +1.6% | $324,436 +3% |
| 2005 | $4,182 +3.1% | $314,986 +3% |
| 2004 | $4,055 +1.9% | $305,812 +3% |
| 2003 | $3,978 +3.4% | $296,905 +3% |
| 2002 | $3,849 +8.1% | $288,257 +9.2% |
| 2001 | $3,559 +3.6% | $264,048 +3% |
| 2000 | $3,434 | $256,357 |
Find assessor info on the county website
Neighborhood: 97086
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Nearby schools
GreatSchools rating
- 7/10Beatrice Morrow Cannady ElementaryGrades: K-5Distance: 0.7 mi
- 5/10Happy Valley Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10Adrienne C. Nelson High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Beatricecannady
- Middle: Happy Valley
- High: Adrienne Nelson
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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Estimated market value
$1,017,800
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Estimated market value
$1,017,800
- Oregon
- Clackamas County
- Happy Valley
- 97086
- 16501 SE Creswell Cove Ln
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