11655 SE Waterleaf Dr Happy Valley, OR 97086
Estimated payment $6,587/month
Highlights
- Territorial View
- Wood Flooring
- Corner Lot
- Traditional Architecture
- 2 Fireplaces
- Cooking Island
About This Home
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.
Listing Agent
MORE Realty Brokerage Phone: 503-290-4191 License #200302052 Listed on: 03/30/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,648
Year Built
- Built in 2012
Lot Details
- 10,018 Sq Ft Lot
- Lot Dimensions are 84 x 100
- Corner Lot
- Level Lot
HOA Fees
- $53 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Off-Street Parking
Home Design
- Traditional Architecture
- Slab Foundation
- Built-Up Roof
- Cement Siding
Interior Spaces
- 4,294 Sq Ft Home
- 1-Story Property
- 2 Fireplaces
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Territorial Views
Kitchen
- Butlers Pantry
- Built-In Oven
- Microwave
- Cooking Island
Bedrooms and Bathrooms
- 5 Bedrooms
Schools
- Spring Mountain Elementary School
- Rock Creek Middle School
- Clackamas High School
Utilities
- 90% Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 05016490
Community Details
Overview
- Happy Valley Subdivision
Additional Features
- Common Area
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $13,648 | $691,485 | -- | -- |
| 2024 | $13,168 | $671,345 | -- | -- |
| 2023 | $13,168 | $651,792 | $0 | $0 |
| 2022 | $12,120 | $632,808 | $0 | $0 |
| 2021 | $11,680 | $614,377 | $0 | $0 |
| 2020 | $11,045 | $596,483 | $0 | $0 |
| 2019 | $10,847 | $579,110 | $0 | $0 |
| 2018 | $9,792 | $562,243 | $0 | $0 |
| 2017 | $9,478 | $545,867 | $0 | $0 |
| 2016 | $9,143 | $529,968 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/04/2026 04/04/26 | Pending | -- | -- | -- |
| 03/30/2026 03/30/26 | For Sale | $1,025,000 | -- | $239 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $800,000 | Fidelity Natl Title Co Of Or | |
| Warranty Deed | $499,000 | First American | |
| Warranty Deed | $380,000 | First Amer Title Ins Co Or |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $680,000 | New Conventional | |
| Previous Owner | $49,850 | Credit Line Revolving | |
| Previous Owner | $399,200 | New Conventional | |
| Previous Owner | $80,000 | Commercial |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 407091308
APN: 05016490
- 11864 SE Hunter Dr
- 11620 SE Buckskin Ct
- 12035 SE Wintercress Ct
- 13658 SE Snowfire Dr
- 12989 SE Mountain Gate Rd
- 11737 SE Brockenhurst Cir
- 13733 SE Aldridge Rd
- 13601 SE Rolling Meadows Dr
- 10847 SE Alexander Dr
- 11830 SE Eastbourne Ln
- 12913 SE 129th Ct
- 11073 SE Rimrock Dr
- 13931 SE Rolling Meadows Dr
- 13191 SE Regency View St
- 12801 SE Foxwood Ln
- 13311 SE Tumbleweed Ct
- 10627 SE Paxton Ln
- 11989 SE Sovereign Dr
- 11417 SE Norwood Loop
- 12155 SE 143rd Place
Ask me questions while you tour the home.