12478 SE WATER DROP WAY, Happy Valley, OR 97086

$439,000
3
BD
2
BA
1,551
SqFt

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Sold Price
$439,000
List Price
$429,900
Closing Date
May 11, 2026
Days on Market
32
Status
SOLD
MLS#
713762057
Bedrooms
3
Bathrooms
2
Partial Bathrooms
1
Living Area
1,551
Lot Size
0K to 2, 999 SqFt
Region
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Property Description

Discover this stylish, energy-conscious home in the sought-after Happy Valley community, thoughtfully designed with modern upgrades throughout. Gently lived in and truly move-in ready, this upgraded former model townhome offers 3 bedrooms, 2.5 bathrooms, and a single-car garage. The kitchen is a standout feature, showcasing quartz countertops, a custom tile backsplash, newer stainless-steel appliances, generous cabinetry, a roomy pantry, and a large island with bar seating—perfect for everyday living and entertaining. The main level features an open-concept great room filled with natural light, a sleek contemporary fireplace, and durable luxury vinyl plank flooring. Upstairs, the spacious primary suite impresses with vaulted ceilings, a walk-in closet, and a spa-inspired bathroom complete with dual sinks, quartz finishes, and a walk-in shower. You’ll also find a convenient laundry area with built-in storage, along with two additional bedrooms and a full bath. Step outside to a fully fenced, low-maintenance backyard featuring easy care landscaping and ample space for gardening.  Residents enjoy access to community amenities such as a pool, clubhouse, basketball courts, parks, and scenic walking trails—all with a low HOA. Located near top-rated schools and everyday conveniences, this home combines modern living with a prime location for an exceptional lifestyle.

Additional Information

Tax Amount
$5,848
Year Built
2021
High School
Clackamas
Elementary School
Scouters Mtn
Middle School
Happy Valley
Fireplaces Total
1
Garage Spaces
1
Garage Type
Attached
Hoa Fee
$179
Hoa Payment Freq
Monthly
Acres
0.04
Living Area
1,551
Stories
2
Subdivision
PLEASANT VALLEY
Property Type
Attached
Terms
Cash, Conventional, FHA
Accessibility Features
Garage on Main
Master Bedroom Level
Upper
Cooling Description
Wall Unit(s)
Fireplace Description
Electric, Insert
Fuel Description
Electricity, Gas
Heating Description
Mini Split
Hot Water Description
Tankless
Exterior Description
Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Contemporary, Townhouse
Parking
Driveway
Parking Description
Driveway
Covenants/Restrictions
Yes
Road Surface
Paved

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Cascade Hasson Sotheby's International Realty. Selling Office: Lewis Realtors.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.