Rare opportunity in an established Happy Valley neighborhood! Three separate tax parcels totaling approximately 1.32 acres offer an exceptional combination of an existing residence, additional land and future development potential. The property features a 1975 split-level home with approximately 2,170 SF of living space and an attached finished 462 SF garage, surrounded by mature landscaping and a spacious residential setting. R-7 zoning provides potential for additional residential development, subject to buyer verification and approval by the appropriate jurisdiction. The three-parcel configuration creates flexibility for a builder, developer, investor or buyer seeking a home with additional land. Conveniently located near Happy Valley amenities, shopping, schools, parks and major transportation routes. Property is being offered as a package with all three parcels. Buyer to perform due diligence regarding zoning, density, utilities, access, lot dimensions, development feasibility and permitted uses. Please do not disturb occupants. Development potential + existing home + three parcels = a unique Happy Valley opportunity!
Active
$1,400,000
9798 SE Hillcrest Rd, Happy Valley, OR 97086
--beds
0baths
1.32Acres
Unimproved Land, Single Family Residence
Built in ----
1.32 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Three-parcel configuration creates flexibilitySurrounded by mature landscapingSpacious residential setting
- 29 days
- 366
- 9
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tim Stuart 503-680-4959,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 194481303
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 1.32 Acres
- Features: Gentle Sloping, Sloped, Acres 1 to 3
Details
- Additional structures: Existing Structures, Greenhouse, RVBoatStorage, Workshop
- Additional parcels included: 3 lots,00114664,00114655
- Parcel number: 00114673
- Zoning: SFR
Utilities & green energy
- Water: Cistern, Irrigation Well
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: None/ Unplatted
HOA
- Has HOA: No
Location
- Region: Happy Valley
Financial & listing details
- Tax assessed value: $476,889
- Annual tax amount: $4,989
- Date on market: 9/2/2026
- Listing terms: Call Listing Agent,Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2026 | Listed for sale | $1,400,000 |
Source:  RMLS (OR) #704761371 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,990 +3.7% | $264,657 +3% |
| 2024 | $4,812 +2.9% | $256,949 +3% |
| 2023 | $4,675 +5.7% | $249,466 +3% |
| 2022 | $4,422 +3.8% | $242,200 +3% |
| 2021 | $4,259 +3.3% | $235,146 +3% |
| 2020 | $4,122 +1.5% | $228,298 +3% |
| 2019 | $4,062 +14.4% | $221,649 +3% |
| 2018 | $3,550 | $215,193 +3% |
| 2017 | $3,550 +7.3% | $208,925 +3% |
| 2016 | $3,310 | $202,840 +3% |
| 2015 | $3,310 +3% | $196,932 +3% |
| 2014 | $3,214 +10.6% | $191,196 +3% |
| 2013 | $2,907 +1.7% | $185,627 +3% |
| 2012 | $2,858 -1.9% | $180,220 +3% |
| 2011 | $2,912 +5.9% | $174,971 +3% |
| 2010 | $2,751 +3.1% | $169,875 +3% |
| 2009 | $2,668 +6.6% | $164,927 +3% |
| 2008 | $2,502 +2.1% | $160,123 +3% |
| 2007 | $2,450 +11.9% | $155,459 +3% |
| 2006 | $2,190 +1.5% | $150,931 +3% |
| 2005 | $2,159 +3% | $146,535 +3% |
| 2004 | $2,095 +1.9% | $142,267 +3% |
| 2003 | $2,055 +3.2% | $138,123 +3% |
| 2002 | $1,992 +1.8% | $134,100 +3% |
| 2001 | $1,956 +2% | $130,194 +3% |
| 2000 | $1,918 | $126,402 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 97086
Nearby schools
Schools provided by the listing agent
- Elementary: Mt Scott
- 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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