Recently Listed New Construction 4003 SW ROYAL AVE
Gresham, OR, 97080 $ 429,000
Bedrooms3 Baths2.1 Sq 1,717 Monthly Estimate*
$ 2,641
for $429,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,717 square foot townhouse was built in 2026 on a lot size of 0.05.
Across from a planned future park with a playground, pet area, and open green space, this move-in ready townhome delivers the kind of lifestyle buyers are searching for right now—with even more value on the horizon. Step inside and it just feels right. High ceilings, oversized windows, and a light-filled open layout make the home live larger than expected. The main level is grounded with durable LVP flooring and designed for both everyday living and entertaining. The kitchen is a true standout, featuring quartz countertops, stainless steel appliances, and custom cabinetry, along with a walk-in pantry and a generous island that naturally becomes the heart of the home. A dining nook adds just the right touch of intention for gatherings. Upstairs, the primary suite is where this home really elevates. Overlooking the surrounding green space, it offers room to unwind, space for a sitting area or workspace, and a true retreat feel. The ensuite bath features a large walk-in shower, dual vanity, and a spacious walk-in closet. Laundry is thoughtfully placed upstairs near the bedrooms for everyday convenience. Built by a respected local builder known for clean design and quality craftsmanship, the home blends elevated finishes with smart functionality, including a multi-zone heat pump for efficient year-round comfort. A two-car garage, private driveway with EV prewiring, and low-maintenance landscaping round out the practical perks. The community continues to grow, with a future park currently in the planning phase, adding long-term value to an already desirable location in South Gresham’s Pleasant Valley, just minutes from schools, shopping, and recreation. This is the one that feels elevated the moment you walk in.
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FeaturesInteriorInterior Amenities GarageDoorOpener HighCeilings Laundry LuxuryVinylPlank Quartz WalltoWallCarpet
Basement CrawlSpace
Total Fireplaces 1
Fireplace Features Electric
Hot Water Electricity
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.1
Total Bedrooms 3
Total Baths 3
1/2 Baths 1
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GeneralSewer PublicSewer
Heating Ductless HeatPump MiniSplit
Cooling HeatPump MiniSplit
Roof Composition
Appliances Dishwasher Disposal FreeStandingRange FreeStandingRefrigerator Island Microwave Pantry Quartz StainlessSteelAppliance Tile
HOA Fee 90.0
Garage Spaces 2.0
Architectural Style Townhouse
Security Features Sidewalk
Year Built 2026
Stories Count 2
Property Subtype Attached
Tax Year 2025
Warranty BuilderWarranty
Parcel Number R728364
Assoc Fee Paid Per Monthly
County Multnomah
Property Type Residential
HOA Y
Subdivision Name Piper Ridge
Full Baths 2
Status Active
Directions SE Royal Ave & SE 23rd St
High School Centennial
City Gresham
Disclosures Exempt
MLS Area _144
Lot Size Square Feet 2178.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Pleasant Valley
Tax Annual Amount 1912.65
Middle/Junior High School Centennial
Property Condition NewConstruction
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PIPER RIDGE LOT 26
ADU False
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ExteriorExterior Amenities OnSiteStormwaterManagement
Parking Features Driveway EVReady
Lot Features Cleared Level
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description CementSiding LapSiding
Foundation Details ConcretePerimeter
Building Area Total 1717.0
Lot Size Acres 0.05
Road Surface Type Paved
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,641
- Monthly Property Taxes
- $159
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyTownhouse listings in Gresham, OR
Average List Price $413,333
Percent of Sale Price 4%
About Gresham, OR 113,713 Population
26% Since 2002
$ 51,832 Median Income
36.26 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949078 Elementary School
1949169 Middle School
Centennial High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/10/2026 | $429,000 | | Listed Price |