Some homes check boxes. This one raises the bar. Set on a coveted corner lot in The Reserve, this 5-bedroom, 3.5-bath, 4,293 sq ft home built by a Street of Dreams builder offers the space, flexibility, and lifestyle features that simply don't show up together very often — if ever.The dual primary suite setup, with one on the main level, is rare in this neighborhood and opens the door for multi-generational living, long-term guests, or simply having options that most homes can't give you. The main primary suite upstairs delivers the retreat you'd expect — double vanity, oversized walk-in closet, and room to breathe.The kitchen anchors everything with a butler's pantry and seamless flow into the family room. A separate living room, home office, a bonus room you'll claim the moment you walk in — whether that's a home gym, media room, or private TV retreat. Custom built-ins and exceptional storage throughout mean this home doesn't just look good, it functions beautifully.But the backyard is what will stay with you. A covered outdoor living space with fireplace and mounted TV. A built-in outdoor kitchen and grill ready for every season. A private putting green that makes this yard genuinely one of a kind. This isn't a backyard you maintain — it's one you actually live in.Corner lot. Street of Dreams pedigree. A layout that works for real life. And an outdoor space that you will talk about long after the showing.
Sold
Zestimate®
$1,000,000
11655 SE Waterleaf Dr, Happy Valley, OR 97086
5beds
4,294sqft
Residential, Single Family Residence
Built in 2012
10,018.8 Square Feet Lot
$1,000,000 Zestimate®
$233/sqft
$4,480 Estimated rent
Home value
$1,000,000
$950,000 - $1.05M
$4,480/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ben Andrews #AGENT_PHONE,
MORE Realty
Bought with:
John Faris, 950600235
Faris Realty
Source: RMLS (OR),MLS#: 407091308
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 2
Primary bedroom
- Features: Double Sinks, Suite
- Level: Main
- Area: 224
- Dimensions: 16 x 14
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 182
- Dimensions: 14 x 13
Bedroom 3
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 182
- Dimensions: 14 x 13
Bedroom 4
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 143
- Dimensions: 13 x 11
Bedroom 5
- Features: Closet, Wallto Wall Carpet
- Level: Upper
Dining room
- Features: Hardwood Floors, Butlers Pantry
- Level: Main
- Area: 117
- Dimensions: 13 x 9
Family room
- Features: Builtin Features, Fireplace
- Level: Main
- Area: 360
- Dimensions: 20 x 18
Kitchen
- Features: Eating Area, Gas Appliances, Granite
- Level: Main
- Area: 264
- Width: 12
Living room
- Features: Fireplace, Formal, Hardwood Floors
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Heating
- Forced Air 90, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built In Oven, Microwave, Gas Appliances, Gas Water Heater
Features
- Closet, Suite, Walk-In Closet(s), Walkin Shower, Butlers Pantry, Built-in Features, Eat-in Kitchen, Granite, Formal, Double Vanity, Cook Island
- Flooring: Hardwood, Wall to Wall Carpet
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 4,294
- Total interior livable area: 4,294 sqft
Property
Parking
- Total spaces: 3
- Parking features: Off Street, Attached
- Attached garage spaces: 3
Features
- Stories: 1
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Territorial
Lot
- Size: 10,018 sqft
- Dimensions: 84 x 100
- Features: Corner Lot, Level, SqFt 7000 to 9999
Details
- Parcel number: 05016490
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding
- Foundation: Slab
- Roof: Built-Up
Condition
- Resale
- New construction: No
- Year built: 2012
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Happy Valley
- Subdivision: Happy Valley
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $53 monthly
- Amenities included: Commons, Management
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Sold | $1,000,000-2.4%$233/sqft |
Source:  RMLS (OR) #407091308 Report a problem | ||
| 4/4/2026 | Pending sale | $1,025,000$239/sqft |
Source: RMLS (OR) #407091308 Report a problem | ||
| 3/30/2026 | Listed for sale | $1,025,000+28.1%$239/sqft |
Source: RMLS (OR) #407091308 Report a problem | ||
| 6/12/2017 | Sold | $800,000+3.2%$186/sqft |
Source: RMLS (OR) #17562050 Report a problem | ||
| 4/24/2017 | Pending sale | $774,950$180/sqft |
Source: RE/MAX Equity Group #17562050 Report a problem | ||
| 4/19/2017 | Listed for sale | $774,950$180/sqft |
Source: RE/MAX Equity Group #17562050 Report a problem | ||
| 4/7/2017 | Pending sale | $774,950$180/sqft |
Source: RE/MAX Equity Group #17562050 Report a problem | ||
| 3/30/2017 | Listed for sale | $774,950+55.3%$180/sqft |
Source: RE/MAX Equity Group #17562050 Report a problem | ||
| 12/20/2012 | Sold | $499,000+31.3%$116/sqft |
Source: RMLS (OR) #12468580 Report a problem | ||
| 11/2/2011 | Sold | $380,000$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,648 +3.6% | $691,485 +3% |
| 2024 | $13,168 +2.9% | $671,345 +3% |
| 2023 | $12,796 +5.6% | $651,792 +3% |
| 2022 | $12,120 +3.8% | $632,808 +3% |
| 2021 | $11,680 +5.8% | $614,377 +3% |
| 2020 | $11,045 +1.8% | $596,483 +3% |
| 2019 | $10,847 +10.8% | $579,110 +3% |
| 2018 | $9,792 +6.5% | $562,243 +3% |
| 2017 | $9,194 +0.6% | $545,867 +3% |
| 2016 | $9,143 | $529,968 +5% |
| 2015 | $9,143 +4.9% | $504,702 +3% |
| 2014 | $8,714 +10.6% | $490,002 +3% |
| 2013 | $7,880 +494% | $475,730 +535.2% |
| 2012 | $1,327 -10.2% | $74,889 -8.9% |
| 2011 | $1,477 -15.4% | $82,232 -17.4% |
| 2010 | $1,745 +1.7% | $99,509 +3% |
| 2009 | $1,716 +6.2% | $96,611 +3% |
| 2008 | $1,617 -4.3% | $93,797 +3% |
| 2007 | $1,690 | $91,065 |
Find assessor info on the county website
Neighborhood: 97086
Nearby schools
GreatSchools rating
- 6/10Spring Mountain Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Rock Creek Middle SchoolGrades: 6-8Distance: 1.4 mi
- 7/10Clackamas High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Spring Mountain
- Middle: Rock Creek
- 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.
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Estimated market value
$1,000,000
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Estimated market value
$1,000,000
- Oregon
- Clackamas County
- Happy Valley
- 97086
- 11655 SE Waterleaf Dr