Rare opportunity to acquire approximately an acre in the path of Happy Valley's continued growth! Located near the corner of SE 172nd Ave and SE Troge Rd in the Pleasant Valley area, this unique property offers exciting residential development potential at an exceptional price point. Happy Valley's planning framework for the surrounding area includes urban residential development, with a variety of housing types possible depending on the property's applicable zoning and development approvals. Portions of the acreage are affected by mapped natural-resource and environmental constraints, creating an opportunity to thoughtfully concentrate development within the site's usable areas while incorporating the property's natural features and open space into the overall design. Significant public investment is underway nearby, including major improvements to the SE 172nd Ave corridor and expanding infrastructure supporting continued residential growth throughout Pleasant Valley. Explore the possibilities for detached homes, middle housing, townhomes or other residential development consistent with applicable zoning and City approval. Offered at $399,950. Buyer to perform all due diligence regarding zoning, density, environmental overlays, utilities, access, right-of-way, infrastructure and development feasibility.
Active
$399,950
SE 172nd Ave, Happy Valley, OR 97086
--beds
0baths
0.82Acres
Unimproved Land, Single Family Residence
Built in ----
0.82 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 6 days
- 87
- 2
Zillow last checked:
Listing updated:
Listed by:
Michael Smira portlandcentral@johnlscott.com,
John L. Scott Portland Central,
Danny Sommers 626-824-7368,
John L. Scott Portland Central
Source: RMLS (OR),MLS#: 499253413
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Body of water: None
Lot
- Size: 0.82 Acres
- Features: Corner Lot, Gentle Sloping, SqFt 20000 to Acres1
Details
- Parcel number: 00138416
- Zoning: R5/10
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available, Cable Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Happy Valley
Financial & listing details
- Annual tax amount: $4,226
- Date on market: 9/9/2026
- Listing terms: Cash,Other
- Road surface type: Dirt, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Listed for sale | $399,950 |
Source: | ||
| 9/11/2026 | Pending sale | $399,950 |
Source: | ||
| 9/9/2026 | Listed for sale | $399,950 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 97086
Nearby schools
Schools provided by the listing agent
- Elementary: Scouters Mtn
- 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.




