1587 SW WALTERS LOOP Gresham, OR $ 1,399,000
1587 SW WALTERS LOOP
$ 1,399,000
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1587 SW WALTERS LOOP

Gresham, OR, 97080
$ 1,399,000
Bedrooms4 Baths3.1 Sq 5,540

Monthly Estimate*

$ 8,728

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Single Family Home for sale in Gresham, OR

for $1,399,000 with 4 bedrooms and 3 full baths, 1 half bath. This 5,540 square foot home was built in 2005 on a lot size of 0.88.

This stunning 5540 SqFt 4-bedroom, 3.5-bath home offers both luxury and functionality, perfect for those who appreciate the finer details and spacious living. The primary suite is an absolute retreat, featuring a huge bathroom with a walk-in shower, jacuzzi tub, and a fireplace and sweeping views from the attached balcony, offering the perfect place to unwind. The formal dining room is ideal for elegant gatherings, while the office, complete with built-in bookcases and desk, provides a quiet space for work or study. The formal living room showcases picturesque views that will leave you speechless. The kitchen is a chef’s dream, with an oversized island, gorgeous granite countertops, and beautiful wood cabinetry that highlights the attention to detail. The family room, with its own fireplace, provides a casual space for relaxation, and the informal dining area offers easy access to the balcony, making outdoor meals a breeze. 2nd & 3rd bedrooms with spacious Jack and Jill bathroom. The lower level is a fantastic entertainment area, featuring a wet bar, media room, 4th bedroom, full bath, and a sauna—perfect for relaxing. Step outside to the covered back patio with stamped concrete, overlooking just under an acre of fully fenced property, providing privacy and plenty of space for outdoor activities. The 4-car garage ensures ample storage, while a separate gym allows you to stay active in the comfort of your own home. This home is built to last and offers an opportunity to live in luxury with a gorgeous setting that’s truly one of a kind.

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Single Family Active

Price

$ 1,399,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 18,604

Style

CustomStyle,Traditional

Lot Size

0.88

Year Built

2005

Town/City

Gresham

County/Region

Multnomah

MLS | Web ID

179985947

Features
Interior
Interior Amenities CentralVacuum GarageDoorOpener Granite HardwoodFloors HighCeilings Laundry Sprinkler TileFloor WalltoWallCarpet
Total Fireplaces 2
Fireplace Features Gas
Hot Water Gas
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 3.1
Total Bedrooms 4
Total Baths 4
1/2 Baths 1
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General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances BuiltinOven Dishwasher Disposal DoubleOven FreeStandingRefrigerator GasAppliances Granite Island Microwave Pantry PlumbedForIceMaker PotFiller StainlessSteelAppliance Tile
Garage Spaces 5.0
Architectural Style CustomStyle Traditional
Year Built 2005
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number R489346
Accessibility MainFloorBedroomBath UtilityRoomOnMain WalkinShower
County Multnomah
Property Type Residential
HOA N
Full Baths 3
Status Active
Directions Top of Walters Hill- Powell to walters to walter loop
High School Gresham
City Gresham
Disclosures Disclosure
MLS Area _144
Lot Size Square Feet 38332.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Hollydale
Tax Annual Amount 18604.28
Middle/Junior High School Dexter McCarty
Property Condition Resale
Virtual Tour https://iframe.videodelivery.net/6811644960d344b031f1f7b013b95966
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description VIEW CREST HEIGHTS LOT 8
ADU False
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Exterior
Exterior Amenities CoveredPatio Fenced Patio RVBoatStorage SecurityLights Sprinkler
Parking Features Driveway OffStreet
Lot Features GentleSloping Secluded Trees
Water Source PublicWater
Total Parking 5.0
Garage Type Attached Oversized Tandem
Exterior Description CementSiding CulturedStone
Foundation Details Slab
Building Area Total 5540.0
Lot Size Acres 0.88
Road Surface Type Concrete Paved
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Internal Only
Street Number 1 1587
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* Excluded Features
List By
Re/Max Equity Group

Broker

Gretchenspringsells@gmail.com

Email

Affordability Calculator

$10,278
Per Month
85%
15%
0%
Monthly Principal & Interest
$8,728
Monthly Property Taxes
$1,550
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950251 Elementary School
1948971 Middle School
Gresham High School High School
Pricing History
DatePricePrice ChangeDescription
8/15/2025$1,399,000 -4.70% Price Down
5/10/2025$1,468,000 -3.29% Price Down
3/25/2025$1,518,000 -1.30% Price Down
2/7/2025$1,538,000 Listed Price

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1587 SW WALTERS LOOP, Gresham, OR, 97080 is a Single Family Home for sale at $1,399,000 with 5,540 sqft and a lot size of 0.88. 1587 SW WALTERS LOOP has 4 bedrooms, 3.1 baths, and was built in 2005. The property's zip code is 97080 which is in Gresham, OR