Toll Brothers presents a thoughtfully designed contemporary home where elevated living meets refined style. Clean architectural lines and a striking exterior introduce a light-filled interior defined by soaring ceilings, expansive windows, and warm wood flooring throughout. The open-concept layout creates an effortless flow ideal for both everyday living and entertaining.A welcoming entry leads to the main living area, where the great room showcases dramatic volume, a statement fireplace, and seamless connection to the dining space and chef’s kitchen. The kitchen features sleek cabinetry, premium stainless appliances, a spacious island, and modern lighting that enhances both function and design.Indoor-outdoor living takes center stage with expansive sliding doors opening to a private outdoor setting—perfect for dining, relaxing, or entertaining year-round. This natural extension of the home enhances both comfort and versatility.The primary suite offers a peaceful retreat with a spa-inspired bath, dual vanities, and a beautifully finished walk-in shower. Additional bedrooms provide flexibility for guests, work, or hobbies. Multiple living areas, custom built-ins, and a refined neutral palette complete this sophisticated, move-in-ready home designed for modern living. BONUS: All furniture included with FULL PRICE OFFER!!! Excellent Deal!!! Just bring your clothes!!
Active
$1,299,000
11398 SE Cheerful Way, Happy Valley, OR 97086
5beds
3,600sqft
Residential, Single Family Residence
Built in 2021
-- sqft lot
$1,260,400 Zestimate®
$361/sqft
$65/mo HOA
What's special
Modern lightingSpacious islandStatement fireplaceRefined neutral paletteCustom built-insSoaring ceilingsBeautifully finished walk-in shower
- 74 days |
- 267 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Debra Neal 503-572-4663,
Windermere Realty Trust
Source: RMLS (OR),MLS#: 433682262
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Upper
- Area: 300
- Dimensions: 20 x 15
Bedroom 2
- Level: Main
- Area: 180
- Dimensions: 12 x 15
Bedroom 3
- Level: Upper
- Area: 100
- Dimensions: 10 x 10
Bedroom 4
- Level: Upper
- Area: 110
- Dimensions: 11 x 10
Bedroom 5
- Level: Upper
- Area: 156
- Dimensions: 12 x 13
Dining room
- Level: Main
- Area: 238
- Dimensions: 17 x 14
Family room
- Level: Upper
- Area: 288
- Dimensions: 16 x 18
Kitchen
- Level: Main
- Area: 180
- Width: 18
Living room
- Level: Main
- Area: 270
- Dimensions: 15 x 18
Heating
- Active Solar, Forced Air 95 Plus, Passive Solar
Appliances
- Included: Built In Oven, Built-In Refrigerator, Cooktop, Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, Range Hood, Stainless Steel Appliance(s), Wine Cooler, Washer/Dryer, Gas Water Heater, Tankless Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), High Ceilings, Quartz, Soaking Tub, Sound System, Vaulted Ceiling(s), Butlers Pantry, Kitchen Island
- Flooring: Engineered Hardwood, Heated Tile, Wall to Wall Carpet
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Gas, Outside
- Furnished: Yes
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Driveway, On Street, Garage Door Opener, Attached
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Accessibility
Features
- Stories: 2
- Patio & porch: Covered Deck, Covered Patio, Deck, Porch
- Exterior features: Yard
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Features: Sprinkler, SqFt 7000 to 9999
Details
- Additional structures: Furnished
- Parcel number: 05034179
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Custom Style
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Unreinforced Masonry Building
- Roof: Composition
Condition
- Approximately
- New construction: No
- Year built: 2021
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy generation: Solar
- Water conservation: Water Sense Irrigation
Community & HOA
Community
- Security: Security Lights, Fire Sprinkler System
HOA
- Has HOA: Yes
- Amenities included: Commons
- HOA fee: $65 monthly
Location
- Region: Happy Valley
Financial & listing details
- Price per square foot: $361/sqft
- Tax assessed value: $1,305,008
- Annual tax amount: $12,350
- Date on market: 4/2/2026
- Listing terms: Cash,Conventional
- Road surface type: Concrete, Paved
Estimated market value
$1,260,400
$1.20M - $1.32M
$3,909/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Listed for sale | $1,299,000+2.3%$361/sqft |
Source:  RMLS (OR) #433682262 Report a problem | ||
| 6/30/2021 | Sold | $1,270,000$353/sqft |
Source: RMLS (OR) #21596800 Report a problem | ||
| 6/21/2021 | Pending sale | $1,270,000-0.1%$353/sqft |
Source: RMLS (OR) #21596800 Report a problem | ||
| 4/16/2021 | Listing removed | -- |
Source:  Toll Brothers Inc. Report a problem | ||
| 4/3/2021 | Price change | $1,270,995+41.2%$353/sqft |
Source: Toll Brothers Inc. Report a problem | ||
| 3/11/2021 | Price change | $899,995+0.8%$250/sqft |
Source: Toll Brothers Inc. Report a problem | ||
| 2/25/2021 | Listed for sale | $892,995$248/sqft |
Source: Toll Brothers Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,350 +3.6% | $618,114 +3% |
| 2024 | $11,921 +2.9% | $600,111 +3% |
| 2023 | $11,588 +5.5% | $582,633 +3% |
| 2022 | $10,984 +3.7% | $565,664 +3% |
| 2021 | $10,592 +3.1% | $549,189 +3% |
| 2020 | $10,272 +489% | $533,194 +576.6% |
| 2019 | $1,744 | $78,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 97086
Nearby schools
GreatSchools rating
- 10/10Scouters Mountain Elementary SchoolGrades: K-5Distance: 1.1 mi
- 4/10Happy Valley Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Adrienne C. Nelson High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Scouters Mtn
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Clackamas County
- Happy Valley
- 97086
- 11398 SE Cheerful Way
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Nearby zip codes
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