Rare opportunity in Happy Valley! This one offers an incredible opportunity with an ASSUMABLE 2.375% MORTGAGE for qualified buyers. Luxury single-level living with panoramic views on coveted Scouters Mountain. This stunning Toll Brothers home offers a true 2,600 sq ft one-story experience—larger than most stair free homes in the area. Designed for lifelong accessibility and optimal enjoyment, the entire interior, front, and back yards can be accessed with just one step, a rare find in this neighborhood. Enjoy an unparalleled indoor/outdoor lifestyle with breathtaking greenspace, nature park, and Mt. Hood views. The expansive great room impresses with soaring 12-ft ceilings, a dramatic floor-to-ceiling stone fireplace, custom lighting, and more for effortless entertaining. The light-filled entertainer’s kitchen features upgraded Jenn-Air appliances, convection oven, under-cabinet lighting, walk-in pantry, and casual dining with stunning fixtures. The primary suite is a private retreat with oversized windows framing incredible scenery, a spa-like bath with free-standing tub, steam walk-in shower, dual vanities, large walk-in closet, and direct laundry access. A junior suite with full bath and walk-in closet, glass-doored office, and additional bedroom complete the flexible layout. Premium upgrades include enhanced insulation, tech wiring/room, and solar panels. Move-in ready with all appliances, security system (no monitoring), EV charger, and exterior gas hookup with grill included. Over $150K in upgrades make this home truly one-of-a-kind in the acclaimed North Clackamas School District. Enjoy nearby Scouters Mountain Nature Park, community clubhouse, basketball court, and rec area (<1mi). Schools, Happy Valley Park, dog park, skate park, tennis/pickleball courts, and event venues are all within 2 miles. Definitely inquire about the new retaining wall/sod/irrigation addition and planned privacy landscaping included with accepted offer! (SEE VIRTUAL PHOTOS)
Sold
$1,015,000
11404 SE Cheerful Way, Happy Valley, OR 97086
3beds
2,602sqft
Residential, Single Family Residence
Built in 2020
-- sqft lot
$1,005,700 Zestimate®
$390/sqft
$3,585 Estimated rent
Home value
$1,005,700
Estimated sales range
Not available
$3,585/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: September 30, 2025 at 10:41am
Listed by:
Brandi Walters 503-740-8806,
Real Estate Performance Group
Bought with:
Brandi Walters, 201217963
Real Estate Performance Group
Source: RMLS (OR),MLS#: 311127936
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
Primary bedroom
- Features: Double Sinks, Engineered Hardwood, Ensuite, High Ceilings, Soaking Tub, Tile Floor, Walkin Closet, Walkin Shower
- Level: Main
- Area: 240
- Dimensions: 16 x 15
Bedroom 2
- Features: Bathtub, Engineered Hardwood, Ensuite, High Ceilings, Tile Floor
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Bedroom 3
- Features: Engineered Hardwood, High Ceilings
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Dining room
- Features: Engineered Hardwood, High Ceilings
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Kitchen
- Features: Dishwasher, Gourmet Kitchen, Microwave, Pantry, Builtin Oven, Engineered Hardwood, Free Standing Range, Free Standing Refrigerator, High Ceilings
- Level: Main
- Area: 270
- Width: 15
Office
- Features: French Doors, Engineered Hardwood, High Ceilings
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Heating
- Forced Air 95 Plus
Cooling
- Central Air
Appliances
- Included: Built In Oven, Built-In Range, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Free-Standing Refrigerator, Gas Appliances, Instant Hot Water, Microwave, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Free-Standing Range, Gas Water Heater, Tankless Water Heater
Features
- High Ceilings, Quartz, Soaking Tub, Bathtub, Gourmet Kitchen, Pantry, Double Vanity, Walk-In Closet(s), Walkin Shower, Kitchen Island
- Flooring: Engineered Hardwood, Tile
- Doors: French Doors
- Windows: Double Pane Windows
- Basement: Crawl Space
- Fireplace features: Gas
Interior area
- Total structure area: 2,602
- Total interior livable area: 2,602 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Garage Door Opener, Extra Deep Garage, Tandem
- Garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Minimal Steps, Natural Lighting, One Level, Utility Room On Main, Walkin Shower, Accessibility
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Patio
- Has view: Yes
- View description: Mountain(s), Trees/Woods
Lot
- Features: SqFt 7000 to 9999
Details
- Parcel number: 05034181
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Cultured Stone
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2020
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy generation: Solar Supplemental, Solar
Community & neighborhood
Location
- Region: Happy Valley
- Subdivision: Scouters Mountain
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $65 monthly
- Amenities included: Basketball Court, Commons, Party Room
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2025 | Sold | $1,015,000-3.3%$390/sqft |
Source:  RMLS (OR) #311127936 Report a problem | ||
| 8/16/2025 | Pending sale | $1,050,000$404/sqft |
Source: RMLS (OR) #311127936 Report a problem | ||
| 7/31/2025 | Price change | $1,050,000-4.5%$404/sqft |
Source: RMLS (OR) #311127936 Report a problem | ||
| 4/19/2025 | Price change | $1,099,500-4.4%$423/sqft |
Source: RMLS (OR) #311127936 Report a problem | ||
| 2/28/2025 | Listed for sale | $1,150,000+42%$442/sqft |
Source: RMLS (OR) #311127936 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,912 +3.6% | $595,780 +3% |
| 2024 | $11,499 +2.9% | $578,428 +3% |
| 2023 | $11,178 +5.5% | $561,581 +3% |
Find assessor info on the county website
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: 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
$1,005,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,005,700
- Oregon
- Clackamas County
- Happy Valley
- 97086
- 11404 SE Cheerful Way