12427 SE Water Drop Way
HappyValley, OR 97086
- 3 beds
- 3 baths
- 1,564 sqft
- 2,178 sqft lot
- $319 per sqft
- 2021 build
- – on site
Meticulously maintained and move-in ready, this 2021-built Holt home offers 3 bedrooms, 2.5 bathrooms, and 1,564 sq ft of light-filled living space. The open floor plan features a cozy built-in programmable electric fireplace and a modern kitchen with top-tier LG smart appliances—including a gas stove and French door refrigerator. Upgraded microwave and dishwasher. Upstairs, the spacious primary suite includes vaulted ceilings, a walk-in closet with built-ins, smart bulbs (Google/Alexa compatible), USB outlets, and an en-suite bath with double sinks and a step-in shower., Additional upgrades include laminate wood flooring throughout (no carpets), ADA toilets, 2021 LG washer/dryer, an electronic front door lock, USB outlets in bedrooms and kitchen, staircase railing upgraded, upstairs landing, and a utility sink in the garage. Enjoy a beautifully designed backyard with a patio, solar lighting, maple and fig trees, flowering plants, herbs, and decorative stonework. The home is part of a vibrant community with extensive HOA amenities, including front yard maintenance, a clubhouse with full kitchen and game room, outdoor pool, covered basketball court, picnic areas, horseshoe pits, and multiple playgrounds with rubber safety tile. Scenic walking and biking trails wind through tree-lined paths and a charming creek. Located in the heart of Happy Valley, this home is just steps from New Seasons, Fred Meyer, Stickmen Brewing, Valley Public House, Willamette Valley Vineyards, Hand & Stone Massage, Orange Theory, medical clinics, City Hall, and diverse dining options.
Last checked:
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Last updated May 9, 2025
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MLS# 790917946 —
The Building
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Year Built:2021
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New Construction:false
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Architectural Style:Contemporary, Townhouse
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Roof:Composition
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Stories:2
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Basement:CrawlSpace
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Foundation Details:PillarPostPier
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Exterior Description:CementSiding
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Exterior Features:Fenced, Patio, Sprinkler, Yard
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Window Features:DoublePaneWindows, VinylFrames
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Building Area Description:TAX
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Building Area Total:1564.0
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Building Area Calculated:1564
Interior
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Interior Features:GarageDoorOpener, Laundry, LuxuryVinylPlank, Quartz, VaultedCeiling, WasherDryer
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:Electric
Room Dimensions
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Main Level Area Total:671
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Upper Level Area Total:893
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:SUNNYSIDE RD TO 162ND TO MAJESTIC FALLS AVE TO SUNSHOWER PL TO WATER DROP WAY
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Latitude:45.4325
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Longitude:-122.494179
The Property
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Parcel Number:05035869
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Property Type:Residential
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Property Subtype:Attached
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Property Condition:Resale
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Lot Features:GentleSloping, Level, PublicRoad
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Lot Size Range:SqFt0Kto2999
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Lot Size Acres:0.05
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Lot Size SqFt:2178.0
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View:true
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View Description:TreesWoods
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Farm:false
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Property Attached:true
Listing Agent
- Contact info:
- Agent phone:
- (503) 317-0000
- Office phone:
- (503) 270-5700
Taxes
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Tax Year:2024
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Tax Legal Description:SUBDIVISION PLEASANT VALLEY VILLAGES 4606 LT 106
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Tax Annual Amount:5169.25
Beds
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Bedrooms Total:3
Baths
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Total Baths:3
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Full Baths:2
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Partial Baths:1
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Total Baths:2.1
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Total Baths Main Level:0.1
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Total Baths Upper Level:2.0
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Full Baths Upper Level:2
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Partial Baths Main Level:1
Heating & Cooling
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Heating:MiniSplit
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Heating:true
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Cooling:MiniSplit,WallUnit
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Tankless
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Water Source:PublicWater
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Fuel Description:Electricity, Gas
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Internet Service Type:Cable,Satellite
Appliances
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Appliances:Dishwasher, Disposal, FreeStandingGasRange, FreeStandingRefrigerator, GasAppliances, Island, Microwave, Quartz, RangeHood, StainlessSteelAppliance, Tile
Schools
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Elementary School:Scouters Mtn
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Middle Or Junior School:Happy Valley
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High School:Clackamas
The Community
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Senior Community:false
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Association Amenities:BasketballCourt, Commons, ExteriorMaintenance, FrontYardLandscaping, MaintenanceGrounds, Management, MeetingRoom, PartyRoom, Pool
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Association Fee:168.0
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Association Fee Frequency:Monthly
Parking
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Attached Garage:true
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Garage Type:Attached
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Garage Spaces:1.0
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Parking Total:1.0
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Parking Features:Driveway, OnStreet
Monthly cost estimate
Asking price
$499,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,676
|
| Taxes | $430 |
| Insurance | $137 |
| HOA fees | $168 |
| Utilities | $95 See report |
| Total | $3,506/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/8/25
May 8, 2025
|
Listed / Active | RMLS | $499,900 |
