Originally selected as the neighborhood's model home, this home showcases a level of finish, scale, and design that continues to distinguish it today. Positioned against protected green space on two sides, the property enjoys an exceptional sense of privacy while capturing territorial views. The home offers a sought-after main-level primary suite, soaring ceilings, generous gathering spaces, and four fireplaces thoughtfully integrated throughout. Upstairs provides abundant flexibility with spacious secondary living areas, while the daylight lower level offers an expansive family room with wet bar, wine storage, fifth bedroom, and walk-out access to the patio. An oversized three-car garage provides extra depth and generous ceiling height. Outdoors, a spacious deck overlooks the surrounding green space, creating a peaceful setting for taking in the distant views toward Oswego Lake. Combining generous living spaces, remarkable privacy, and a floor plan that lives beautifully, this is a home designed to accommodate both everyday comfort and large-scale entertaining.
Active
$1,100,000
10962 SE Pheasant Ridge Dr, Happy Valley, OR 97086
5beds
4,751sqft
Residential, Single Family Residence
Built in 2007
-- sqft lot
$-- Zestimate®
$232/sqft
$90/mo HOA
What's special
Generous living spacesCapturing territorial viewsWine storageGenerous gathering spacesSoaring ceilingsWet barSought-after main-level primary suite
- 82 days
- 519
- 33
Zillow last checked:
Listing updated:
Listed by:
Judy Adler 503-358-5843,
Windermere Heritage,
Amy Adler 503-422-8495,
Windermere Heritage
Source: RMLS (OR),MLS#: 741416743
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 2
Rooms
- Room types: Bonus Room, Office, Loft, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Fireplace, Double Sinks, High Ceilings, Soaking Tub, Tile Floor, Walkin Closet, Walkin Shower, Wallto Wall Carpet
- Level: Main
- Area: 300
- Dimensions: 20 x 15
Bedroom 2
- Features: Closet Organizer, Closet, Wallto Wall Carpet
- Level: Upper
- Area: 130
- Dimensions: 13 x 10
Bedroom 3
- Features: Closet Organizer, Closet, Wallto Wall Carpet
- Level: Upper
- Area: 165
- Dimensions: 11 x 15
Dining room
- Features: Formal, High Ceilings, Wallto Wall Carpet
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Family room
- Features: Builtin Features, Fireplace, Patio, Sliding Doors, Granite, High Ceilings, Wet Bar
- Level: Lower
- Area: 840
- Dimensions: 40 x 21
Kitchen
- Features: Builtin Refrigerator, Deck, Eat Bar, Gas Appliances, Great Room, Microwave, Nook, Builtin Oven, Granite, High Ceilings, Quartz
- Level: Main
- Area: 253
- Width: 23
Office
- Features: Fireplace, French Doors, High Ceilings, Wallto Wall Carpet
- Level: Main
- Area: 168
- Dimensions: 12 x 14
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built In Oven, Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Free-Standing Gas Range, Gas Appliances, Microwave, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- Granite, High Ceilings, Soaking Tub, Wainscoting, Closet Organizer, Walk-In Closet(s), Built-in Features, Closet, Formal, Wet Bar, Eat Bar, Great Room, Nook, Quartz, Double Vanity, Walkin Shower
- Flooring: Tile, Wall to Wall Carpet
- Doors: French Doors, Sliding Doors
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Daylight
- Number of fireplaces: 4
- Fireplace features: Gas
Interior area
- Total structure area: 4,751
- Total interior livable area: 4,751 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, On Street, Garage Door Opener, Attached, Extra Deep Garage, Oversized
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Accessibility
Features
- Stories: 3
- Patio & porch: Deck, Patio
- Exterior features: Yard
- Has view: Yes
- View description: Territorial, Valley
Lot
- Features: Gentle Sloping, Greenbelt, SqFt 7000 to 9999
Details
- Parcel number: 05019049
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Lap Siding, Stone
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2007
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Sunnyside Highlands
HOA
- Has HOA: Yes
- HOA fee: $90 monthly
Location
- Region: Happy Valley
Financial & listing details
- Price per square foot: $232/sqft
- Tax assessed value: $1,061,338
- Annual tax amount: $11,624
- Date on market: 7/1/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $1,100,000$232/sqft |
Source:  RMLS (OR) #741416743 Report a problem | ||
| 8/18/2026 | Pending sale | $1,100,000$232/sqft |
Source: RMLS (OR) #741416743 Report a problem | ||
| 7/2/2026 | Listed for sale | $1,100,000+83.9%$232/sqft |
Source: RMLS (OR) #741416743 Report a problem | ||
| 5/27/2009 | Sold | $598,188$126/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,624 +3.6% | $588,276 +3% |
| 2024 | $11,216 +2.9% | $571,142 +3% |
| 2023 | $10,899 +5.6% | $554,507 +3% |
| 2022 | $10,324 +3.8% | $538,357 +3% |
| 2021 | $9,950 +3.2% | $522,677 +3% |
| 2020 | $9,637 +1.5% | $507,454 +3% |
| 2019 | $9,493 +13.8% | $492,674 +3% |
| 2018 | $8,344 +6.5% | $478,324 +3% |
| 2017 | $7,835 +0.5% | $464,392 +3% |
| 2016 | $7,792 | $450,866 +3% |
| 2015 | $7,792 +2.9% | $437,734 +3% |
| 2014 | $7,570 +7.1% | $424,984 +3% |
| 2013 | $7,069 +2.3% | $412,606 +3% |
| 2012 | $6,907 +0.7% | $400,588 +3% |
| 2011 | $6,859 +5.7% | $388,920 +3% |
| 2010 | $6,488 +3.2% | $377,592 +3% |
| 2009 | $6,289 +35.6% | $366,594 +34.1% |
| 2008 | $4,639 +1519.3% | $273,328 +1476.1% |
| 2007 | $286 | $17,342 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97086
Nearby schools
Schools provided by the listing agent
- Elementary: Mt Scott
- 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.
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