16539 SE Multnomah Falls DR Happy Valley, OR $ 698,400
16539 SE Multnomah Falls DR
$ 698,400
Recently Listed New Construction
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16539 SE Multnomah Falls DR

Happy Valley, OR, 97086
$ 698,400
Bedrooms3 Baths2.0 Sq 1,711

Monthly Estimate*

$ 4,410

16539 SE Multnomah Falls DR, Happy Valley, OR 97086 - Image 1
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Single Family Home for sale in Happy Valley, OR

for $698,400 with 3 bedrooms and 2 full baths. This 1,711 square foot home was built in 2026.

This new single-story home provides a spacious and low-maintenance layout ready for any lifestyle. Two bedrooms and a full bathroom are located upon entry, leading to an inviting open-concept floorplan shared between the kitchen, living and dining rooms. Tucked away at the back of the home, a luxurious owner’s suite offers a private retreat with a full bathroom and walk-in closet. Available to close in August 2026

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Single Family Active

Price

$ 698,400

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Stories1,Farmhouse

Year Built

2026

Town/City

Happy Valley

County/Region

Clackamas

MLS | Web ID

693454887

Features
Interior
Interior Amenities HighCeilings Laundry LuxuryVinylPlank LuxuryVinylTile Quartz WasherDryer
Basement CrawlSpace
Total Fireplaces 1
Fireplace Features Gas
Hot Water Tankless
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.0
Total Bedrooms 3
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir ForcedAir95Plus
Cooling CentralAir HeatPump
Roof Composition Shingle
Appliances BuiltinRange BuiltinRefrigerator Dishwasher Disposal GasAppliances Island Microwave Pantry PlumbedForIceMaker Quartz StainlessSteelAppliance
HOA Fee 91.0
Garage Spaces 2.0
Architectural Style Stories1 Farmhouse
Year Built 2026
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2026
Warranty BuilderWarranty
Parcel Number New Construction
Accessibility GarageonMain MainFloorBedroomBath OneLevel WalkinShower
Assoc Fee Paid Per Monthly
County Clackamas
Property Type Residential
Association Amenities BasketballCourt Commons FrontYardLandscaping Management Pool RecreationFacilities
HOA Y
Subdivision Name PLEASANT VALLEY VILLAGES
Full Baths 2
Status Active
Directions East on Sunnyside Rd Left on 162nd Left on Majestic Falls Ave
High School Adrienne Nelson
City HappyValley
Disclosures Exempt
MLS Area _145
Listing Terms Cash Conventional FHA VALoan
Elementary School Scouters Mtn
Tax Annual Amount 0
Middle/Junior High School Happy Valley
Property Condition UnderConstruction
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TBD
ADU False
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Exterior
Exterior Amenities CoveredPatio Fenced Yard
Parking Features Driveway OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description BoardBattenSiding CementSiding LapSiding
Foundation Details ConcretePerimeter StemWall
Building Area Total 1711.0
Road Surface Type Paved
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Internal Only
Street Number 1 16539
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* Excluded Features
List By
Lennar Sales Corp

Broker

lennarportland@lennar.com

Email

Affordability Calculator

$4,410
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,410
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
3489925 Elementary School
3489924 Middle School
Adrienne Nelson High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2026$698,400 Listed Price

Map


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16539 SE Multnomah Falls DR, Happy Valley, OR, 97086 is a Single Family Home for sale at $698,400 with 1,711 sqft. 16539 SE Multnomah Falls DR has 3 bedrooms, 2.0 baths, and was built in 2026. The property's zip code is 97086 which is in Happy Valley, OR