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$799,900
722522114 MLS
Rare 2.16-Acre Homesite in the Heart of Happy Valley!Fully engineered and build-ready: public water and sanitary sewer service, plus underground electrical coordinated with PGE, already stubbed to the property line — a rare head start with major infrastructure already in place.Opportunities like this don't come around often. This expansive gated 2.16-acre lot offers the rare chance to build the home of your dreams in one of Happy Valley's most desirable locations — space and privacy you won't find elsewhere in the area. Enjoy breathtaking Mt. Hood and sunrise views right from your future homesite — a backdrop you simply can't put a price on.Walking distance to Happy Valley Park, close to top-rated schools, and just down the street from two Street of Dreams communities. This is a neighborhood where dream homes are already being built — now it's your turn.Lots this size, in this location, are nearly impossible to find, and with demand this high, it won't last long. Bring your builder and your vision before someone else beats you to it.Schedule your showing today — this one won't be on the market for long!

9431 SE RIDGECREST CT, Happy Valley

$199,900
413679307 MLS
Build your dream home on this rare 0.35-acre homesite tucked away on a quiet cul-de-sac in the heart of Happy Valley. Situated on a private flag lot with a gently sloping topography, this property offers a unique opportunity to create a custom residence surrounded by the natural beauty and established neighborhoods that make Happy Valley one of the area's most desirable communities.Enjoy a peaceful setting with the convenience of nearby parks, trails, shopping, dining, and top-rated schools, along with easy access to major commuting routes. The lot's elevated position may provide opportunities for territorial views, creative architectural designs, and outdoor living spaces that take advantage of the surrounding landscape.An exceptional bonus: this parcel can be purchased separately or together with the adjacent property at 9743 SE Tenino Ct, creating a rare opportunity for expanded privacy, a multi-generational estate, additional development potential, or the ultimate custom home site. Whether you're a builder, investor, or future homeowner, this versatile property offers endless possibilities in a highly sought-after Happy Valley location.Bring your vision and explore the potential of this unique homesite today.

SE Tenino CT, Happy Valley

$289,000
520099905 MLS
Five acres of private woodland forest - tall firs and hemlock mixed with big leaf maple and alder trees with a soft understory of ferns, moss and other native plants intersected by a seasonal creek. Secluded yet close to Happy Valley amenities with easy access to Hwy 212 & I-205. The kind of land which is hard to find. This property represents the potential for a single custom homesite - steep slopes and natural resource overlays make subdivision impractical. The topography calls for a thoughtfully engineered home, likely on stilts or with retaining walls, designed to live among the trees - think forest bathing. Property sits in the middle of a quiet neighborhood of single homes on 5 acre lots. Private paved dead-end road access. Power at the property line. Prior engineering and survey work was completed on site for a non-residential utility use that was ultimately not pursued due to offsite improvement requirements which do not apply to single-family residential development; informational documents are available for buyer reference. Buyer to conduct independent feasibility, geotechnical, and engineering review.

SE Maple Hill LN, Happy Valley

$3,900,000
515799283 MLS
Positioned directly on high-visibility SE 172nd Avenue at a prominent roundabout in the heart of Happy Valley’s fastest-growing corridor, this CCC – Community Commercial Center District zoned property offers a rare blend of immediate income and long-term redevelopment upside. The site is currently stabilized with a rented single-family home, along with additional barn and shop improvements that generate holding value while plans are evaluated. Surrounded by new multifamily housing, residential subdivisions, and ongoing corridor intensification, the property sits within an area actively transitioning toward higher-density, mixed-use development supported by major public investment in 172nd Avenue infrastructure and long-term city planning for community-scale commercial and urban center growth. With strong frontage exposure, flexible CCC zoning that supports commercial, mixed-use, and potential higher-density residential concepts (subject to approvals), and exceptional strategic positioning at a key growth node, this is an ideal acquisition for a developer seeking both cash flow during entitlement and significant future upside in one of Happy Valley’s most active development corridors.

11245 SE 172ND AVE, Happy Valley

$2,300,000
791781658 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

$2,500,000
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

$2,399,000
523338612 MLS
This prime 7.57-acre vacant land parcel, previously utilized as a nursery, is strategically located off Clackamas Highway (212) within the Oregon Urban Growth Boundary (UGB). The flat site holds an R5 (Residential – 5,000 SQFT) zoning designation, allowing for development of up to approximately 49 single-family (attached/detached) or duplex units, assuming a standard 25% infrastructure dedication. (From initial due diligence) Power is available along the highway frontage. Sewer is available at the approximately 3,000 feet away. Its flat topography and access via Highway 212 (ingress/egress managed by ODOT) make it a future buildable prospect for developers targeting the high-demand Happy Valley & Clackamas County residential market, with a current covered land play.

SE Hwy 212, Happy Valley

$1,995,000
103236302 MLS
This lot offers an exceptional opportunity in the heart of Happy Valley’s thriving retail corridor. Zoned MUC – Mixed Use Commercial,the property is ideally suited for projects that integrate ground-floor retail with complementary mixed-use development. The zoningencourages vibrant, walkable streetscapes, convenient access to services, and alternative transportation options.The site features excellent visibility and frontage along a high-traffic thoroughfare, with required retail along the street-facing portion and flexible mixed-use options toward the rear of the property. Across the street, a bustling New Seasons Market–anchored retail center draws consistent customer traffic and enhances the site’s commercial appeal. All utilities are available, providing a ready-to build opportunity in one of Happy Valley’s most desirable growth areas.

16180 SE Sunnyside RD, Happy Valley

$399,000
366434992 MLS
Expansive Opportunity in the Heart of Happy Valley!Tucked off Armstrong Circle, this rare 2.64-acre parcel offers privacy, potential, and prime positioning in one of the area’s fastest-growing corridors. Zoned R-15 within the City of Happy Valley, the property presents a strong development opportunity, with the city indicating the potential for 6–7 buildable lots (pending sewer approval). The City of Happy Valley has confirmed they’ve acquired the adjacent property and plan to construct a public works facility—along with paving a portion of the easement that provides more comfortable access to this site. A completed survey has been done by seller, and the location is minutes from top-rated schools, parks, shopping, and Hwy 212.Buyer to perform all due diligence regarding zoning, development feasibility, and utility access. A unique find for developers or visionaries looking to build in a high-demand, high-growth area. Property lines in listing photos are approximate and are used as a visual reference.

SE Armstrong Cir, Happy Valley

$325,000
206501098 MLS
Custom Luxury Awaits in the Prestigious Gated Altamont Neighborhood of Happy Valley. Located in the highly sought-after Altamont community. Home to Street of Dreams showcases in 1999, 2008, and select homes in 2014. This .35-acre vacant view lot offers a perfect canvas to design your dream estate or build the previously HOA-approved Modern Prairie home plans featured in the photos. Enjoy sweeping Cascade Mountain views, including Mt. St. Helens and Mt. Adams. The sloped design is ideal for daylight or lower-level living with potential for a basement, maximizing panoramic views from main living areas and future decks.All utilities—water, sewer, and electricity are available, ready for your builder to get started. The hillside orientation works with the natural terrain, creating a more cost-effective construction approach by minimizing excavation and complex foundation work. The Modern Prairie design incorporates manufactured roof trusses to help manage construction costs. The lower floor is efficiently integrated within the cripple wall space, expanding usable square footage without adding significant structural expense. Retaining walls have been minimized, located primarily around the garage and front entry, aligning with the home’s placement and planned landscape grading to reduce site development costs. The primary living level features a spacious kitchen, dining area, great room, laundry, primary suite, and three-car garage, perfect for convenient main-level living while leaving flexibility for an expanded lower level.Enjoy the best of Happy Valley with easy access to I-205, top-rated schools, shopping, and dining, all just minutes away. This is your opportunity to create a custom luxury estate with unparalleled views and thoughtful design in one of Happy Valley’s premier gated neighborhoods. Bring us an offer!

10469 SE Quail Ridge DR, 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

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