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10534 SE VRADENBURG RD, Happy Valley
$2,300,000
5 Beds ⋅ 3 Baths ⋅ 656984149 MLS
Discover nearly 11 acres in the coveted Scouters Mountain, offering incredible potential for future growth. Zoned R20, this property presents the possibility for a 19-lot subdivision (buyer to perform due diligence), making it a standout opportunity for builders and investors looking to capitalize on a high-demand location. Set among scenic surroundings with beautiful Mt. Hood views, the property provides an ideal setting for a well-planned residential community of custom or semi-custom homes. With its size and layout, there may also be the opportunity to retain the existing residence while still pursuing additional development (buyer to verify), offering flexibility for phased building or a signature homesite. Featuring over 6,000 sq ft of living space. The main level includes 3 bedrooms, 2.5 bathrooms, a den, formal living and dining areas, and a well-appointed kitchen with Wolf appliances that flows into a generous family room. Upstairs, a large bonus room offers additional flexibility. The daylight basement—approximately 2,800 sq ft—includes partially finished space with 3 additional bedrooms, a bathroom, and living area, well-suited for rental income, multi-generational living, or future build-out. A rare opportunity to secure a sizable parcel in a thriving area—ideal for immediate development, phased use, or long-term investment.

10534 SE VRADENBURG RD, Happy Valley

SE 172nd AVE, Happy Valley
$2,150,000
532937768 MLS
The Gateway to Growth on SE 172nd Avenue Opportunities like this are rare. Nearly 10 acres of untapped potential in one of the Pacific Northwest’s fastest-growing submarkets. Positioned along the high-traffic SE 172nd Ave corridor, this property delivers visibility, flexibility, and long-term upside.Whether you're looking to establish a commercial presence, develop retail, or build a high-density residential community, this site gives you room to execute.Property Highlights Size: 9.7 wooded acres Location: SE 172nd Ave, Happy Valley, OR, adjacent to Mr. Tree Landscape Supply Environmental: Clean Phase I Environmental Study completed Topography: Flat and wooded, offering natural screening or a premium timbered feelZoning: Employment Center (EC)Flexible zoning supporting a wide range of uses:• Light industrial and flex space• Commercial and retail development• Mixed-use with office and ground-floor retail Located within a key growth corridor, the property also presents strong potential for future residential conversion, including single-family or multi-family development, aligning with continued housing demand in Happy Valley.Location and Connectivity• Frontage on SE 172nd Ave, a major north-south arterial• Close to Sunnyside Rd and Highway 212• Established neighboring businesses, including Mr. Tree Landscape Supply• Surrounded by ongoing residential growth Clean Slate Opportunity With a completed Phase I Environmental Study, you can move directly into planning and development with confidence. Buyer to do their own due diligence with City and County.

SE 172nd AVE, Happy Valley

10060 SE VRADENBURG RD Unit #397, Happy Valley
$864,960
5 Beds ⋅ 3 Baths ⋅ 346069554 MLS
Welcome to your dream home! This stunning Holt Homes 3370 floor plan combines elegance with functionality, offering an expansive living space perfect for modern living. With 5 bedrooms and 3 bathrooms, this home features a thoughtfully designed open floor plan that seamlessly blends the kitchen, dining, and living areas. Enjoy luxurious finishes, including features like quartz countertops, high ceilings, and a spacious master suite with a large walk-in closet. The home is complemented by a covered deck, large backyard and nice backyard. Located in a desirable neighborhood with convenient access to all Happy Valley has to offer, this home is ideal for anyone seeking comfort and style. Don’t miss out on the opportunity to make this exceptional property your own! Home to begin construction in June of 2026. Sample Images Shown.

10060 SE VRADENBURG RD Unit #397, Happy Valley

8750 SE 155TH AVE Unit #28, Happy Valley
$194,777
2 Beds ⋅ 2 Baths ⋅ 735090650 MLS
A modern little retreat tucked into the trees, right in Happy Valley. This charming 2 bedroom, 2 bathroom home gives you the best of both worlds: peaceful and private enough to feel like you've escaped for a minute, while still keeping everyday conveniences close by.Completely remodeled throughout in 2024–2025, the inside feels fresh, warm and thoughtfully put together. Vaulted ceilings and an open floor plan bring the kitchen, dining and living areas together into one bright, comfortable space that's perfect for cozy nights in or having friends over. The primary suite has its own full bathroom and walk-in closet, and there's ample storage throughout without sacrificing the clean, open feel.Step outside and you'll understand why this home is a little special. Mature trees and greenery surround the property, creating a beautiful backdrop for the fenced yard and deck. There's even a doggy door for the tiny roommate who will undoubtedly consider the whole setup theirs. Two additional sheds give you plenty of room to tuck away everything else.And there's one more update still to come. With an accepted offer, the seller will install brand-new kitchen countertops, with a selection of options for the buyer to choose from. Your house, your pick.Now offered at $194,777. Freshly remodeled, cozy, peaceful and tucked into one seriously pretty little corner of Happy Valley. Come see it in person. You may be surprised how quickly it feels like home.

8750 SE 155TH AVE Unit #28, Happy Valley

10148 SE BRISTOL LOOP, Happy Valley
$595,000
3 Beds ⋅ 2 Baths ⋅ 545076373 MLS
HANDSOME CRAFTSMAN TOWNHOME in Graystone at Altamont. Tastefully updated thru out makes for stylish living. Open floor plan with high ceilings, oversized windows and generously sized rooms keep it sunny and bright. Main floor living room has vaulted ceilings, gas fireplace, built-in shelves, bamboo floors and private deck overlooking Greenspace with seasonal Valley views. Spacious kitchen with stainless appliances, granite counters and bamboo floors is well designed for the serious Chef and includes loads of storage. Open dining space with bamboo floors is perfect for entertaining or everyday living. Main floor Owners suite includes spa-like bath and walk in closet. Lower level includes two additional bedrooms, a full bath and wonderful family/media room with wine refrigerator and cork floors. This home has lots of storage everywhere. Oversized double garage with inside entrance is super convenient and provides more storage. Secure gated community with a pristine neighborhood pool and public park. Excellent location nr local schools, shops and restaurants. Easy, quick access to freeway and transportation. Minutes to downtown. GET THE INTEREST RATE YOU HVE BEEN WAITING FOR ON THIS BEAUTIFUL HOME. CALL TODAY TO LEARN ABOUT THE INCENTIVE PROGRAM BEING OFFERED THROUGH THE PREFERRED LENDER.

10148 SE BRISTOL LOOP, Happy Valley

10022 SE 172ND AVE, Happy Valley
$3,000,000
22064396 MLS
This 6.06-acre parcel (Tax ID #00137765) is split-zoned Mixed Commercial Center (MCC, ~4 acres) and Mixed Use Residential-Multifamily (MUR-M2, 25–34 units per acre, ~2 acres), offering a buyer two paths: a mixed-use commercial/residential development consistent with the current split zoning, or rezoning the commercial portion to MUR-M2 through a Type III zone change to bring the entire site under MUR-M2 designation. The City is advancing its own commercial development to the south and has signaled it would not want this site competing with that effort — as a result, City staff have indicated willingness to support a zone change eliminating the commercial designation here in favor of multifamily. A prior development team took a 184-unit mixed-use concept through a full City Pre-Application Conference in 2024, so the planning groundwork and the City's disposition toward a rezone are already established for an incoming buyer. The site is level, with approximately ±300 feet of frontage on SE 172nd Avenue and access aligning to SE Huckleberry Street. An intermittent creek runs through the back (northeast) corner of the property, affecting roughly one acre between the waterway and its required buffers. A wetland determination identified a few additional wetland areas approximately 0.14 acres on-site, all minor and addressable through standard mitigation. The home is tenant-occupied — ALTA survey, wetland reports, and all City pre-application materials are available.

10022 SE 172ND AVE, Happy Valley

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.

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