$2,500,000
$200K PRICE DROP

10534 SE Vradenburg Rd Happy Valley, OR 97086

Estimated payment $15,390/month

Total Views 5,816
11 Acres
$232,342 Price per Acre
468,706 Sq Ft Lot

Highlights

  • View of Trees or Woods
  • 10.76 Acre Lot
  • No HOA
  • Scouters Mountain Elementary School Rated A-
  • Private Lot
  • Landscaped with Trees

About This Lot

Prime Development Opportunity in Happy Valley! Unlock the potential of nearly 11 acres in the highly desirable Scouters Mountain neighborhood. Zoned R20, this property offers the possibility of a 19-lot subdivision (buyer to do due diligence), making it an exceptional opportunity to bring a high-demand residential project to market. Strategically located and surrounded by natural beauty, this site offers stunning Mt. Hood views—an ideal backdrop for a thoughtfully designed community of custom or semi-custom homes.The existing residence adds value and versatility, offering over 6,000 sq ft. It includes 3 bedrooms, 2.5 bathrooms, a den, formal living and dining areas, and a high-end kitchen with Wolf appliances, opening to a large family room. Upstairs features a spacious bonus room, while the daylight basement (nearly 2,800 sq ft of the 6000sqft)of partially finished space—complete with 3 additional bedrooms, a bathroom, and recreation areas, ideal for rental income or future expansion.Whether you're looking to develop immediately or land bank for future appreciation, this property checks all the boxes: location, scale, and growth potential.

Listing Agent

Cindy Somsanith

Farrell Realty & Property Management, Inc Brokerage Email: info@farrellrealty.com License #201203724 Listed on: 04/15/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,672

Lot Details

  • 10.76 Acre Lot
  • Private Lot
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is zoned R20

Property Views

  • Woods
  • Mountain
  • Seasonal

Schools

  • Scouters Mtn Elementary School
  • Happy Valley Middle School
  • Adrienne Nelson High School

Additional Features

  • Residence on Property
  • Septic Tank

Community Details

  • No Home Owners Association
  • Scouters Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00127428

Property Details

Property Type

Land

Est. Annual Taxes

$18,672

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: Acres10to20

Exterior Features

  • Lot Size: 10 to 19.99 Acres
  • View: Yes
  • Lot Features: Private, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Other Structures: Residence
  • View: Mountain,Seasonal,TreesWoods

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: PublicWater500FeetPlus, SepticTank
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Scouters Mtn
  • High School: Adrienne Nelson
  • Middle Or Junior School: Happy Valley

Lot Info

  • Zoning: R20
  • Land Description: GentleSloping
  • Land Lease: No
  • Lot Size Acres: 10.76
  • Lot Size Sq Ft: 468705.0
  • Parcel #: 00127428

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 18671.98

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $18,672 $930,288 $0 $0
2022 $17,176 $903,193 $0 $0
2021 $16,548 $876,887 $0 $0
2020 $16,018 $851,347 $0 $0
2019 $15,775 $826,551 $0 $0
2018 $13,848 $802,477 $0 $0
2017 $13,397 $779,104 $0 $0
2016 $12,916 $756,412 $0 $0
2015 $12,543 $734,381 $0 $0
2014 $11,870 $712,991 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $2,500,000 0.0% $397 / Sq Ft
06/09/2025 06/09/25 Price Changed $2,500,000 -7.4% --
04/15/2025 04/15/25 For Sale $2,700,000 0.0% --
04/15/2025 04/15/25 For Sale $2,700,000 -- $429 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Fidelity Natl Title Co Of Or
Individual Deed $120,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $66,000 New Conventional
Previous Owner $524,000 New Conventional
Previous Owner $682,500 Unknown
Previous Owner $496,606 Construction
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 140645624

Regional Multiple Listing Service (RMLS)

APN: 00127428